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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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So when can we citizens start to sue politicians who’s policies cause harm to those citizens?
If cops can be held liable for their actions so should the elected officials who swear to uphold the Constitution but rarely do.
This bill is punitive not just to ‘bad apples’ but to every officer. I can’t tell from this article if the authors naively believe that it’s only going to get rid departments of the bad apples, or, if the are actively trying to punish and paralyze police to the detriment of all of society. The bill creates a situation where every restraint, or action, must be second guessed or else they might become personally liable, and lose everything. Every uninvolved officer must now actively second guess their co-workers who are doing their job or else they will too become liable,… Read more »
The point is to make the state less safe.
Yea, they are trying to start a war.