-- 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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Chicago can do just fine without Englewood, but not without a vibrant city center.
It is time not to “De-fund the Police” but rather to pull them out of the areas where they are not wanted.
And let the crime spread to surrounding areas? No way. Keep the crime contained to Englewood.
Yup, hey build a wall
Big fence, air strikes, carpet bombing, problem solved with no loss to society