-- 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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When you newspeak “ carjacking “ into “ unlawful occupancy of a vehicle “ then yes “ carjacking “ will go down. Wake up, already!
Yeah… because they’ve stolen all the cars necessary for full on 5 person armed robberies (at all times of the day)
457 cars stolen and/or carjacked during last week of Jan 2024. Don’t see how this translates into “fewer cars stolen”. Nothing to crow about.
I don’t know where you got “457”, the article says: “… the first two weeks of January 2024. A total of 972 cars were stolen…”
It’s still a clusterphuck of stolen/carjacked cars in Chicago.