-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
THE ONLY THING THAT NEEDS FIXING IS FOR THESE SO-CALLED LEADERS TO LET THE POLICE DO THEIR JOBS WITHOUT FEAR OF RETALIATION!!
The article is not bashing the force. The bashing is on the current union leadership
Suburban LEO here. I know cop-bashing when I see it, and while the author was polite enough to use as many fancy words as he knows how to use, the article is still cop-bashing.
Sad to see that site turn anti-cop, but so it goes.
I don’t think they’ve turned anti-cop per se, but I do think they’ve always been anti-union, even in the case of good ones (FOP, CFFU to name two).
agreed with you both and either way, very weird move for a pro-law and order blog to go so deep on bashing the force.