-- 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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Come on say it like you mean. Show us the Money
They just want the federal money for more political non violence groups to put on the street . They do nothing except collect a pay check . Video shows one confronting police officers making an arrest .
Even better than the guard helping out our cops, would be for the Feds to take over the Cook County Criminal Courts. They refuse to act on the people’s behalf. There is the root of our street crime.