-- 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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“ Minor attracted “ individuals cannot be “ cured “. It’s what they are. And the system has shown that they are woefully inept on keeping the offenders profiles and whereabouts updated. No more Dem “ experiments “ that put the public at risk, please.
The article doesn’t explain Lightford’s rationale for this. Is it access to housing? If so, it’s a big city and most housing is well beyond 500 feet from a school. And what is the rationale to increase the time between check ins and why is the “burden” on offenders even an issue, given the offense? Does Lightford have kids?
The Sheriffs’ Association rep, who is the only person quoted, really just said that he wants to “err on the side of caution.” I suppose if registrants could be prohibited from living in Illinois he’d favor that too. I wonder whether anyone has analyzed crimes committed by registrants, and whether they’re in any way correlated with residential distance from schools.