-- 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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Slow violence? Not going to happen. Every year it is getting worse at a increasing rate. The criminals run the streets. The honest hard-working families are fleeing for their lives and family’s safety.
Shockingly with crime as #1 mayoral election issue non of the candidates are asking what happened to all the $100s of millions in fed covid aid that was spent on community ‘violence interrupters’. Why isn’t there a flood of ‘violence interrupters’ riding the cta, protecting retail, schools, etc??? Where has all the $ gone?? Nobody in press asks??
The violence interrupter programs were merely the conduit between the federal government and the car dealerships….
Incarceration works.
Indeed it does. Hard to victimize the public when you’re behinds bars.