-- Connecting the dots between our economy, government and business --
"There’s no statistic that definitively captures the deterrent effect of believing consequences will be severe for violating gun laws, and O’Neill Burke doesn’t toot her own horn like other local politicians when it comes to the current improving crime stats. But she deserves her share of the credit. Now Cook County should get her what she needs to be even more effective."
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Start by canning Tom Dart, who’s department has about 40, 000 warrants waiting to be served while he continually blocks investigations into to allegations of PPP fraud, ghost pay-rolling and other misconduct occurring in his office.
I agree. He’s become to complacent in his job and turned into another politician collecting a pay check