-- 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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Old Joe remembers a time before Ted Kennedy when Arabs lived and died in the Middle East.
Water canon is a nice less than lethal choice in crowd control.
I’m quite tired of demonstrations. Don’t peaceful law abiding citizens have the right to move about the city unimpeded?
Folks, WE have rights too!
Water cannon? Do you think the 1st amendment only applies to those who you agree with? These protests have been peaceful and law abiding.
You’re right. Water cannon is too nice. I prefer rubber bullets and police batons. These aren’t protests. What are they protesting? This is practically terrorism when they shut down traffic over some stupid ethnic battle halfway across the world. Take your petty ethnic grievances back to the old world Nobody wants this nonsense here