-- 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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Deeper crime prevention.
http://www.CWBchicago.com
CWB Chicago April 6, 2020 headlines.
Man shot after fishing at North Side park
https://cwbchicago.com/2023/04/man-shot-after-fishing-at-north-side-park.html
Boys, ages 13 and 15, robbed and carjacked five victims in Logan Square, Chicago police say
https://cwbchicago.com/2023/04/two-juveniles-charged-carjacking-robbery-spree-logan-square-chicago-crime-news.html
Lightfoot leaves successor with major crime hitting new highs and no clear plan to fix it
https://cwbchicago.com/2023/04/chicago-major-crime-reports-new-high-levels-as-lori-lightfoot-leaves-office.html
Serial bank robber has struck 4 times in Logan Square, Bucktown, Irving Park: FBI
https://cwbchicago.com/2023/04/fbi-chicago-serial-bank-robber-logan-square-bucktown-irving-park.html
Usual pandering for the destructive policies of their agenda. Communist rag spouting nonsense