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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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The homeowner’s mistake was calling the police. If you have a problem like this and you call the police, now you have two problems. There are lots of ways to remove one young woman without the police. Trespassers can be removed by the homeowner, but once the squatter shows the police a fake lease, the homeowner is toast.
Here is what a couple of my clients have done on their own. Wait until she leaves. Throw her crap onto the street. Change the locks. These deadbeats just disappear.
We gave up on renting houses in Chicago six years ago for the very same reason. Housing Court in Cook County is a joke,, Tenants don’t pay the rent, damage the property, and tell the judge a sob story, and most times the tenant gets six months free to clear out. Oh, and if it is around the holidays, or there is a health problem in the tenant’s family, no problem– how about a few more months free. The landlord gets stiffed every time. In Kane County in contrast, the judges ask one question– “did you pay the rent?.” If… Read more »