-- 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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Somebody needs to tell the DHS Secy and federal troops that marching down Michigan Ave will not deter crime as the fogures above attest. Try Grand Crossing or Lawndale. Those are the areas where the residents need troops.
It could’ve been more thanks to CPD Chief of Patrol Jon Hein refusal to help fellow officers . Gutless
Give the weekdays total . Shootings happen 24/7 . Not just on weekends.
Wow, CBS, I have to say, they did some reporting.(?)