-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Over 400,000 priority calls were not answered in 2021 because there were no cops available to respond. How many reportable part one offenses, those are the ones counted by the FBI (puke) to make crime statistics, were never reported? Crime reduction reports made by politicians are imagined and made up to pat themselves on the back.
The reason for the alleged decline in shootings is…
Less cops to take the reports, coupled with the hours long backlog in “high priority” (aka shootings) calls…
It’s called reducing crime using a common eraser
What an absolute crock of bs
Brown is an idiot and a classic example of the failure of Affirmative Action.