-- 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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CWB reports a Edgewater neighborhood woman being carjacked twice in same week, same vehicle. Problem is now officially out-of-control. I’m surprised pollsters found those 25% of Chicago-residents who still “feel safe”, but assume that’s just SJW’s “white liberals’ guilt” gut response to such a loaded question.
Michelle Kobayashi is an idiot.
The 25% that feel safe must be heavily armed and trained in hand to hand combat. Otherwise they’re fools.
They are the criminals — 25% of the population may be about right.
How can this be possible? They keep telling us that crime is down!