-- 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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How fast can leftists wreck a train they would never ride?
Time to bury last millennium’s failed transit model
Stop offering train service and train violence will end. Just follow CDC guidance, they’re wonderful!
Aggressive enforcement and aggressive prosecution? Do you know Kim Foxx? Not gonna happen dude. The shootouts in broad daylight will continue until further notice.