-- 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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Body cameras have, and will continue to, illustrate and document that the overwhelming number of police officers do the job correctly. They will also show what type of idiots the police deal with on a daily basis, as well as the terrible conditions under which they need to make quick decisions. The only issue – the expense to the PD.
Body cams, though a bit of a hassle, are useful in establishing what really occurs during interactions with the police. Unfortunately, even when the facts are presented as in the Dexter Reed case, the city is still willing to shovel money to undeserving relatives that crawl out of the woodwork before the perp is even cold.