-- Connecting the dots between our economy, government and business --
It’s the second night in a row that armed robbery crews have committed strings of holdups, raising concerns that a terrifying crime pattern that essentially went dormant for several weeks has reemerged.
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
Crime is the new growth business in the Chitty. Lots of new jobs being created.
The price you pay for living in Chiraq.
Don’t leave home without it
Not one arrest, good job cops. More likely even more robberies, why bother to report them, it takes 3 hours for the cops to show up and that is if they show up. Nothing but a waste of time.
Crime is rampant all over the Chitty. Ken Griffen left because of it. Worse than a third world nation. The criminals know it is safe to rob and steal, nothing will happen to them.
Chicago use to be a place to go to and have fun, not it is a place to run from.