-- Connecting the dots between our economy, government and business --
Monday was the second time Backlot Coffee and Earl’s Drive-Thru BBQ have been burglarized this year, the owners said. There have been a string of break-ins targeting at least 20 liquor and convenience stores and restaurants since June 26, police said. Citywide, burglaries are up 5 percent from last year and up 34 percent from three years ago.
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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LOL Backlot Coffee is certainly one of the wokest and progressive coffee shops in Chicago with virtue signaling stickers polluting the place. And now they twice bare the full brunt of their terrible, awful, progressive virtue signaling beliefs.
Perhaps they should re- name the place “ Instant Karma Coffee “ a la the John Lennon song.
Chicago, you voted for this. What wasn’t written is the eventual derth of retail establishments. Drive thru Detroit to see the ghost of Xmas future.
No need to travel to Detroit for those of us who lived through the “block busting” and “panic peddling” of the 1960’s. Nail salons and hub cap shops can’t replace the tax dollars of established businesses.