-- 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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The Chicago Police have had their share problems and are working on them. But the current statements made by the politicians and celebrities who are looking for a sound byte suggest that there is “systemic racism” within Police Departments. The WSJ released an article yesterday that provided chapter and verse of the actual statistics. Their results state that this statement is simply and factually not true. Obama stated that he “calls on the police to create a new “normal” in which bigotry no longer infects our institutions (of course referring to the Police) and our hearts”. He needs to read… Read more »
Mark my words: in three years, crime will be worse than it ever was before, as cops go ‘fetal’ as they say, and let these neighborhoods burn themselves down.
3 years? How about 3 months?
They now have upped the charge on the police officer to 2nd degree murder. Good luck getting a conviction. According to the autopsy George Floyd tested positive for fentanyl, meth, and last but not least COVID-19.
The 2nd round of riots will be here then because Keith Ellison overcharged this cop. I suggest you prepare accordingly.
Keith “ANTIFA” Elison.
Very true. ☹️