-- 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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2021 over 4500 shot in Chicago, police involved in 22 total.
.00488 %. CPD responded/involved in almost 2 million calls for service. CPD full of trigger happy maniacs.
Everyone will take shots at the police. The Tribune stands with Them so delivers a slap for the community.
Unpopular opinion: The police department did nothing wrong. The officer neutralized an imminent threat. He should be given honor and glory not a prison sentence. And believe me, I’m no friend of the police, because that cop is just doing his job, and he will arrest you for not complying with unconstitutional covid mandates, or worse, as the state cracks down even harder on unvaccinated. But in this case, they were clearly doing their job. They had to ‘cover it up’ because the entire department is hamstrung and cannot properly do their job.