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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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Time for the national guard. I know the old routine “they’re not trained to do that”. Isn’t it about time we realize they need to have that as part of their training. Some basic crowd control skills, no guns just a tazer and mace. Can’t they be trained in a few weeks. Have them work with the police not as replacements to the police. When your police are outmanned 5 to 1 there’s not a whole lot the police can do. Change that ratio to 2 to 1 and maybe the delinquents will think twice.
Only a fool would believe that people who illegally carry guns (and use them indiscriminately) are suddenly going to comply with a curfew. Chiraqs mayor believes it.
At least she’s doing something! My problem with Lori; she creates problems and dumps it on CPD to fix. All the cops will be enforcing Lori’s decree around Grant Park while everywhere else is under siege.what about all the teens and young adults without valid ID? Maybe an alderman with relatives who fabricateIDs can be recruited!
It is a plan that won’t work.
Isn’t meant to “work” in a “making parks safe” sense. It’s meant to be another Blazing Saddles moment of good ‘ol Illinois governance – “Gentlemen, we’ve got to protect our phony baloney jobs! Harumph!!” I just love that scene. It’s funny because it’s true. No Illinois politician – particularly Governor Tax Cheat and Little Lost Laurie – wants to be accused of not harrumphing in response to a crisis. Why not. Harumphing works. You gets votes, and money, and elected-n-reelected. Next week, when things worsen in a different way, you just harumph in a new direction. No one remembers what… Read more »
Totally agree! An election is on the horizon and both Lightfoot and Pritzker hope to fool voters into thinking a flurry of movement is advancement. A bit off topic, but did anyone realize Pritzker was an orphan and had a very difficult childhood.
Lori should at least try to get ahead of the curve and declare martial law on Thursdays through Sundays.