-- Connecting the dots between our economy, government and business --
Luis Huesca had just gotten off a shift when he was fatally shot April 21 near his Gage Park home. Just over a year earlier, Andrés Vásquez-Lasso was shot and killed responding to a domestic incident in the same Southwest Side neighborhood. Officer Lucia Chavez said at Huesca's funeral, "I lost my two classmates, my best friends, my brothers. This violence in this city took them away from me, from us."
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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