-- 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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It’s called arrest and jail the little thugs.
Weekend safety plan? The only way to stop thugs from shooting each other is to lock them up in jail for a long time…
The best safety plan is just don’t go downtown.
That’s been my plan for many years. It seems to work well.
How about making it safe 24 hours a day, 7 days a week.
Right now, downtown is not safe for most people.
Commercial businesses are fleeing the area in record numbers.