-- 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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Look at the stats over at the heyjackass.com website. You will see blacks make up about 30% of Chicago’s population but are about 80% of its shooting and murder victims. The vast majority of these crimes are black on black. Conversely the white and other (Oriental, India, etc.) make up about 40% of the population and are about 6% of the shooting and murder victims. Those stats tell you where the problem is and ultimately where the solution is. Until the black community decides to reject violence, it is here to stay.
SMART..NEW…LEADERSHIP could help!! Middle of the road thinking and conservative thinking not this leftist BS
“That’s a failed strategy.”
This is a lie because he can’t say the harsh truth. It is not a failed strategy, as a declining murder and violent crime rate from 1994 to 2020 shows. The brief spike in 2016 was in direct response to less policing because of Laquon McDonald.