-- 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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The quickest way to bring back Shotspotter or a similar system is to shoot speed cameras, costing the city revenue. Take away money from the city and they will hunt you down.
Don’ do the crime unless you can pay the fine!
Alderman don’t care how crime impacts their constituents, only these cameras. Got it.
Not really. I expect most of the will be installed on the north side. You, the folks with the means and upbringing to pay a fine.
The overdue and late fees aren’t being incurred by the north side people with the money to pay. Late fees are where the big money is at.
Makes on wonder , how ease is it to vandalize these cameras ?
Drone with spray paint. No need to endanger the public with airborne firearms or break other federal laws.
I always thought tossing eggs at the lenses would be a fun thing
That’s OK. They just need to further study how to gouge the upper-middle class and affluent only, but not the public-sector portion.