-- 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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And how do you make apartment buildings 100% safe when tenants smoke cigarettes even when there’s a no-smoking policy? Plenty of fires have been started by careless tenants. And what about tenants and relatives/friends of tenants who abuse drugs and commit other crimes….. like domestic violence or threatening other tenants?
Personal responsibility is part of the equation too. Chicago needs to keep track of bad tenants.
Space heaters are a primary cause of home fires especially in the inner cities. They use them to dry clothes and have them next to curtains. Basically the older style heater is like having a toaster on. Every time I hear of a fire in winter and people are killed or displaced the cause is a space heater.
space heaters, cooking, candles, etc…
Big Government Creeps Want To Send City Inspectors Into Your Apartment