-- 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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Come shop in Lake County Illinois. Much lower sales taxes. No cost to park your car. And our kids have learned how to respect others, by and large. The City fails to teach that to their young, despite all the words of tolerance and inclusion. Hawthorne Mall and Vernon Hills, Deer Park Mall and Gurnee Mills have most all the same stores.
Uh, only one arrest? Does anyone else see this as a problem. The correct course is to arrest all of them, and single process them, calling their parent sand having hem wait hour after hour, if they are juvenile start prosecuting the parents who are legally responsible for their children. The problem clearly is a permissive school system, a permissive, city, and permissive police officers, and a permissive Judaical system. Chicago is simply not a safe city. Stop codding the criminals. Oh yeah, but it is Chicago, a city where illegal aliens are treated like endangered species.
Ah, here is the problem:
Chicago Police Superintendent Eddie Johnson has brushed off the incidents as “kids doing goofy things.
Permissive law enforcement. Do whatever you want, there are no repercussions. Any wonder there is no respect for the rule of law?