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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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Officer, in a split second decision, seemed to actually believe that a crazy lady was about to throw a a pot of hot boiling water at him, at 12:50 a.m. How often do you boil at 12:50 a.m. and then tell officers, while holding a pot of hot, boiling water, “I rebuke you in the name of Jesus!” He says he was set up. Seems a little weird to me. Officer is charged with first degree murder! No wonder they can’t recruit police!