-- 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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If you were a police officer would you chase someone, knowing you’ll either get shot or sued? Those aren’t great choices. The only job of a CPD officer is to make sure they go home in one piece after their shift is over. The City of Chicago, led by BD Lori has put every officer at risk. Special recognition to Kim Foxx and Judge Timothy Evans for destroying safety in Chicago.
This is a re-branding of “defund the police”
Just hire cops from the Uvalde Texas and you would not have needed to implement this policy.
Hmmm……Why not just say No Running? However if you’re intend on capturing the jaywalker, skipping is allowed!