-- 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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The black community is getting a taste of celebrity justice, as thousands of their young boys are locked up each year for lesser crimes. Thousands of black murder cases only get one detective, but a celebrity hoaxer gets a dozen detectives. This whole thing proves there is no such thing as a “hate crime”. This case is the best publicity trump could ask for next election.
Young black boys are not locked up in Chicago for much of anything. Kim Foxx makes sure of that. And if they are, it’s only temporary.