-- Connecting the dots between our economy, government and business --
City Hall touts its $410M plan to fight crime but has spent little money; some cash goes to street outreach groups with no experience or troubled leadership
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Because crime starts with a lack of parenting… And that is something she would never acknowledge.
Have tell the Chitty of Chicago cops do something for their paychecks. That would be a new start.
I’m a total loser. My emotional stability drugs aren’t working, my neighbors hate me, so does the dog. I’m loser, a failure a very depressed and angry failure. I just had to vent.
No hope whatsoever. She is the Mayor of Schitt Hill.
Just another taxpayer funded scheme for LL to spread some walking around money to buy votes. If schemes like this were successful, we would have no crime because Bill Clinton invented midnight basketball.