-- 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.
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THE SMILEY FACE KILLER
New clues in alleged ‘Smiley Face Killer’ murders Published July 22, 2019 CHICAGO (FOX 32) – The two men behind the “Smiley Face Killer” theory say the deadly group has killed a dozen people in Chicago. The alleged total number could include a death on March 2, 2010, a day that forever changed the lives of Jane and Rick Polhill. Their son Jay was found dead, floating in the Calumet River. To this day, the case remains unsolved. “He’s got two little nephews now, one’s actually named after him,” said Rick. Just three months later, Debbie Burfisher lost her son. He was found… Read more »