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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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Anyone who watched the Jason Van Dyke trial knows the performance art and orchestrated sham of public hearings. Just sayin…
Why must they be held in public? Isn’t the court system the place where real trials take place and discipline is applied? Why aren’t Children and Family Services caseworker discipline cases held in public? Why aren’t CPS discipline hearings involving serious abuse of trust or children held in public? Why aren’t CTA hearings for bus drivers who drive under the influence of substances held in public? Certainly one can’t imagine that the sole source of harm to the public occurs at the hands of the police? Why isn’t the circus arena open to all public employees?
Cops have a lot of authority given to them including use of firearms, and a responsibility to use good judgement. A lot is asked of the cops who are at times put in life or dealh situations requiring split second decisions. Trust is crucial to the police and public, these things need to be public.
Knowing the history of this fine city, I must agree. These hearings must be held in public.