-- Connecting the dots between our economy, government and business --
A violent armed robbery crew that has been terrorizing Chicago’s Near West Side neighborhoods over the past three days is now linked to at least eight holdups—and police say the offenders are showing no signs of stopping.
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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Your safest plan is not to live in or visit Chicago. Life is way too short and precious to be a victim of a mugging, carjacking, etc.
It’s a nifty trick to show a town with a much smaller population as having more violent crime on the average, but it can’t disguise the fact that more people are murdered in CHI than any American city +12 years in a row and someone is shot every five hours and someone murdered every +/- 20 hours in Chicago, IL. Put a smiley face on that one, Mayor Homie.
Crime is down, significantly down but we have a lot of work still to do. Who could be muttering these words in Chicago.
Chicago is a safe place to live. Nice area to raise a family and send them to CPS schools.
What does the per capita say?
https://www.security.org/resources/most-dangerous-cities/
What does per capita say when comparing large cities to large cities? What does common sense say when the trend in formally low crime areas is going the wrong way?