-- 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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And this stops carjackings how? The savage knows that if caught (unlikely due to CPDs “no chase” policy), Kimesha will let them go. Plate readers do absolutely nothing but tell us what has already happened, much like the waste of money known as Shotspotter.
Notice how the price of government incompetence is always more invasions of privacy and surveillance?
How about you stop recording my movements and focus on policing the streets and providing a disincentive for crime by locking criminals up?