-- 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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As Mayor Conehead says, “We don’t need no stinking’ shot spotter”.
Because they expose the inconvenient facts of who is doing the shooting where.
Shot Spotter alerted cops to the shooting of a cop but she laid on the ground for 45 minutes unassisted until she lost consciousness and her Apple watch hit the ground. Then the cops were notified that there was a traffic accident and they were there in five minutes. During the riots, cops were parked in the middle of every street on Michigan Avenue on the north side of the bridge for weeks. Suddenly, not a cop in sight. Every single cop left. I looked out the window to see what was happening and I heard gunfire. The cops heard… Read more »
Good work, CWB.