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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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Nothing wrong with ethic pride and celebration, St. Pat’s Day parade for example. Hopefully matched with pride and appreciation for our country. But when these things turn disruptive – car caravans can be – there should be a plan to minimize disruption and address it if it happens ie how DNC protests were generally well managed by Chicago PD. Years ago when the south side St. Pat’s parade grew too large and got out of hand, organizers and the city shut it down for a few years.
I went to that final St. Pat’s parade in 2008, which was my first time ever attending that parade, and it was a complete s-show. There were old ladies and teenagers and everyone in between passed out on the sidewalk drunk everywhere, the bars were so crowded you couldn’t walk in, there was smoking everywhere even though the state had banned indoor smoking several months before. Every backyard seeming had a party where the neighborhood tweens and teens were walking around with open booze. It was pretty chilly and overcast that day, the weather was horrible. I remember thinking to… Read more »
That’s because so many of us became Chicago cops.
LOL
Little Italy is on the southside. All of my grandmother’s siblings married Italians. (Thank God she married a German) All six of then them lived on the southside.(but only 50% Italian)
I went to a couple southside Irish parades just before the final, I feel cheated I didn’t see all the passed out people I heard about. Yes, a bunch of public drinking, but no problems I saw, In HS a few classmates would skip school for downtown parade, heard some good stories about that.
LOL Little Italy is on the Near West Side (according to Grok) but is south of Madison St. That being said, my Italian great-great-grandmother married a 2nd generation German, and in all truthfulness, the Italians likely had him killed and tossed in the Chicago River around late 1910 or early 1911 for roughing up my great-great-grandmother. Apparently this was my great-great grandmother’s idea too…My great-great-grandfather is last recorded in 1910 census and then disappears after that from every public record, no obit, no social security, no 1917 selective service records…nothing. And after he disappeared, she quickly remarried…..an Irishman. Go figure
Also, that last parade was such a debacle, that’s why they cancelled it for the next 4 years. It was a complete disgrace. I have no idea if every year previous was like that, I hadn’t been to any others. But I will never forget that parade.
Still remember the video of two young ladies that were visiting from Mexico during last year’s debacle and were amazed at the lawlessness and the latitude given the sideshow/ fireworks shooting “ celebrants “. “ This wouldn’t be allowed where we’re from “ one stated.
Soon Mexican Independence Day will be a national holiday in the USA
Hmm, why don’t they visit the old country to celebrate? Or better yet, what is it about their new homes independance day that they don’t want to celebrate?