-- 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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Another woke town protecting criminals instead of its citizens.
“Feelings, wo oh oh feelings” – should be the walk in song for Oak Park town council meetings. Heavily Hispanic adjacent or nearby towns like Berwyn and Cicero have the cameras and seem unconcerned with ICE and are focused on the reality of crime. White ultra liberals in Oak Park know better…how to make themselves feel good scoring points amongst themselves while reality surrounds them.
As the country moves towards backing the police instead of criminals, Oak Park liberals move the other way