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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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Perhaps we could extend CTA’s Rapid Transit System to that Top Golf place in Naperville!
The problem is hundreds of thousands of these kids don’t have a clue who their daddy is.
“On Saturday, the mayor also said there is a need for “additional safe spaces for our young people this spring and summer.” Streeterville is (or was) a safe space. These kids go to a safe space and make it unsafe. Obviously deep seated reasons for this and in the absence of parental involvement that can’t be solved quickly, that’s where the police have to come in. Years ago the Cook County Sherriff ran ads saying “spend more time with your kids so I don’t have to”. Then again we need adult supervision in the mayors office and 16 years to… Read more »
Mayor Raggedy has a real stupid way of looking at things. Does anyone remember Chicago in the 80s, when there was a larger population in total and a larger population of teenagers as well and all the chaos the teenagers caused back then in the downtown and adjacent areas back then? Yeah, me neither! What changed?
Demonizing children is wrong according to Raggedy. Well, when the little Capones are being criminals; charging, prosecuting and punishing them (or demonizing as Raggedy calls it) is not just the right thing to do. It is the only thing to do.
The answer is arrest them. There’s no deterrent and the mobs will continue to rise. Just shut down the red line going north. That would work.
I was born in Chicago. All my life I’ve yearned for safe places and safe people. Perfect cities don’t exist, but the where of happiness is a real thing. Will never regret escaping Chicago.
I was born the city in the late 40`s and left 3 years ago. You are so right. The teens are all of POC parents who ceded the raising of their offspring to the village. Was not like this in 50’s when POC took responsibility for themselves and sought any employment.
Ok class, word of the day.
Oxymoron – Safe place in Chicago.