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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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Why bother playing catch and release? Take reports, go to lunch.
80% Of Cook County Carjack Suspects Walk Free – Fox 32 Chicago
Criminal justice is dead in Chicago.
So did they set their alarms early on Saturday to put in another day of hard work to get ahead in life? That’s the story Kim Foxx would try to sell you if these hoodlums were ever apprehended. The real story is they were still partying from the night before and decided to spread a little mayhem before crawling back to the single parent slum they call home. One thing for sure, not one of these punks will ever amount to anything in life, and until they’re put away, people are going to get hurt or killed.
Haven’t all the cameras in the city caught them yet?