-- 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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Just kids being silly.
Don’t know how it can be called a crime of opportunity when you see small box trucks being loaded up with boxes.
When you fail to punish bad behavior you will get more of it.
Seems like this is a UP issue as they own those lines. I say run the trains out of Iowa at 60 mph and tell the engineers not to stop until they make it to the rail yard, or see signage along the lines of welcome to Indiana etc.
The railyard is in Bellwood. That is a problem
Looks like a racist operation, I don’t see any white people.
I’m surprised that the images of the “ black market “ entrepreneurs weren’t blurred by criminal championing, cop hating ABC 7. Perhaps things are different over there now that the elderly gangster hassler Goudie is gone.