-- 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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None of this is for the safety of anyone. Read the first few lines, expect to generate millions in fines. That’s all it is about, more money for politicians to waste
JUST MORE BS TO GRAB MONEY
The answer, of course, is to put twice as many cameras in white areas, to ensure that white people get ticketed – regardless of how dubious the tickets – at the same rate as black and brown people. That’s equity!
Hmm.. people driving unsafe, uninsured and unregistered vehicles unsafely getting more tickets than those that don’t. Another example of the systemic inequity of the American legal system.
They really believe the community is being targeted. You show them facts and figures that show that there is more traffic violations in these communities and they refuse to believe it. They refuse to accept that other communities commit less crime, they believe that they are being unfairly and systemically targeted.