-- 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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This story is so funny. Public Restrooms. Wow. These are not for the actual public, the actual public tax payer will never go in there. Can’t even imagine the mess, increase in crime and lawlessness when you provide all of the needed “amenities” for drug addicts and criminals.
Because of ADA requirements, public restrooms in the US are massive compared to restrooms in the rest of the world. Which is why they are used as homeless shelters, drug dens, etc.
LaSpata, it’s not a political issue, it’s a homeless bum issue. Public restrooms become havens for drug addicts, homeless, prostitution and crime in progressive run cities. And because of the nature of the patrons, they become really nasty, really fast. Ever been in the public restroom near Buckingham Fountain or the 18th Street beach? They’re not much better than prison bathrooms with about the same chance of encountering an unsavory thug.