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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 not just the financial burden she has created, the detriment to society from her pro criminal efforts is incalculable. She seems to enjoy the spread of crime to formerly safe areas.
Buying votes with taxpayers own money…what a novel idea.
Vote her out! Will be hard to do with all the gerrymandering. She only see suburbs as an area to tax and give money to Chicago.
How does gerrymandering impact a county wide election? If you live in Cook county you get to vote. If she wins it’s because the voters of cook county want her in that job.
Taxwinkle is looking to bleed the taxpayers dry at breakneck speed and appears to be well on her way to doing so. She and the cabal can then give the abandoned homes away for a dollar to her kind of people.
Public Safety? What’s that?
Preckwinkle, Soros, and Foxx were all on the same page. They wanted to “open the jailhouse doors.” They only have contempt for crime victims.