-- 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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Maybe Chicago’s “Chief Equity Officer” can explain reasons for this carjacking phenomena to us.
Common denominator is Toots in charge!
Common denominator: Progressive prosecutor subscribing to the cult of the criminal.
Thank Toni Preckwinkle And Kim Foxx For Their Refusal To Prosecute Carjacking As A Crime Anymore.
Chicago–#1 carjacking city by a landslide!!!!