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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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It’s an abject failure in Cook County also. Don’t let Tim Evans’ bogus data fool you. He’d say anything to keep his kind of people out of jail, as would Foxx, JB ,Kwame and the rest of the hug a thug cabal.
“The Illinois Network for Pretrial Fairness said Kenneally used percentages to inflate data.” In the name of ‘Equity’, imbecile leftists have wrecked what used to be called criminal justice in this country, in blue states anyway. Illinois is among the worst.in terms of criminal coddling. McHenry County is just one Illinois jurisdiction that has to contend with these new rules that give criminals even more carte blanche to spread mayhem. Open note to the criminal equity crowd: If someone in your family made up one or more of the mere 17 more victims of a crime committed by one of… Read more »
Pretty amazing that 90 of the 102 counties were against this crazy idea, but the bought and paid for Illinois Supreme Court deemed it constitutional. If a thug commits a crime that involves a weapon it’s usually catch and release, if a regular citizen protects him or herself , you will be guilty till proven innocent