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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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When ‘non violent” crime is not punished, perpetrators often move on to the next level: violent crime.
Much like Wilson’s “broken windows” theory – give an inch and expect to give a mile.
Unpunished crime is a huge mistake and impacts quality of life.
As Trib op-ed today noted: “Our black communities need more money from government to reward its young adults”. “Free money from other people” always supposed to be “solution” to what ails criminals
Isn’t it always, “more money?”
Like I’ve been saying, the goal of Brandon’s mayorship is to loot the city. But the looting won’t be limited to Brandon, it’s going to be a free for all. Brandon voters think they won the lottery and they’re going to spend the city’s money as if they did. That’s why the community is so upset about the migrants. They tell you why they are angry: the city is spending money on migrants that is supposed to be spent on them. The migrants are looting the coffers but the community cannot. No one in leadership is concerned about civic duty,… Read more »
Crime is on the upswing in Chicago with related violence. The new no cash bail act that will turn offenders back out on the streets will naturally have an effect. Pritzker’s gamble is that his desired headline event overturning the bail system will be useful at the Convention while the overall crime effects will come afterwards and be a situation he, Pritzker, cares little about. It is just another headline to him and the heck with the people of Illinois as he moves toward getting the nomination he so lusts for.
It’s all about the black vote. That’s why he supported bail reform. You can’t win the Democrat primary anywhere without it. That’s why Pete Buttigieg was swilling a 40 in a brown paper bag during the 2020 primaries trying to get the street cred and it obviously didn’t work. The Black vote in IL came with the promise of supporting the Four Pillars of the Illinois Senate Black Caucus before they were formalized during the 2020 Racial Racial Reckoning. Pillar 1: Criminal Justice Reform Pillar Pillar 2: Education and Workforce Development Pillar Pillar 3: Economic Access, Equity and Opportunity Pillar… Read more »