-- 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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Guv Pigchop hates Illinois and loves criminals. He wears a man girdle to keep his massive gut under control!
Don’t leave home without it…..
Rules against police chases are akin to defunding the police
The police department’s written policy explicitly states that no officer will ever be punished for not chasing a suspect.
And when the family of a victim who is killed by a thug the police chose not to chase sues the city, will the policy be changed?
nope!