-- 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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CPS graduates, only skills taught in the CPS are criminal in nature.
Why the hell would railroads ever park full freight cars on the south side of Chicago. Why not just roll them all the way until they see “welcome to Indiana” signs.
Missing from this sorta informative article, other than a heads up for “ the bad guys “, is whether any of the thieves have received jail time and to what extent for what should be considered a Federal crime? I think we know that, at least in IL, they were released from custody on the minimal of charges allowed by law, such as trespassing or breaking and entering. It used to be a crime to even loiter around the railway, much less break into sealed cars and grab as much as you can carry. That was before about 2008 or… Read more »