-- 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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Wilson’s view on crime is the majority view in the Black Community
I agree. And I’d add bounty bonuses given to cops based on the number of criminals they haul in.
Yes, not speeding tickets
Does not stand a snowball’s chance in hell of getting elected. Cops are not going to chase anyone at any time. They are only there to create high paying jobs, benefits and great pensions for a democratic vote. They leave Chicago for Punta Gorda, Fl ASAP once pension money kicks in.
By their mid fifties most cops are retired on 3K+ and paid health care.