-- 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 in other news Cabrini Kim is pushing for new rules regarding thefts and shoplifting. The new amount being pushed is $2000.00 before felony charges kick in. Think about that for a second or two. Steal $1800 from a person or business and you will get a harsh talking to and really hard slap in the wrist, if convicted and the charges aren’t dropped or reduced by the Cook County States Attorneys Office.
Cook County State’s Attorney Kim Foxx was just re-elected in November 2020 yet she is complaining her and other locally elected black female prosecutors are being harassed by various entities including the news media, and darker skin blacks are more likely to be victimized than lighter color blacks. Suffolk County (includes Boston) District Attorney Rachel Rollins. City of St. Louis Circuit Attorney Kim Gardner. City of Baltimore State’s Attorney Marilyn Mosby. Obviously no one should be harassed but let’s look at the other side of the coin meaning might this be a diversion PR campaign? Car-jackings have skyrocketed in Chicago… Read more »
Foxx’s best friend is a split ticket.
George Soros and a split ticket are her friends
Kim Foxx- All that is wrong with Chicago and why all are leaving.
Enough said.
All Cabrini Kim ever did was play the race card. How do you think she got re-elected?
“And Foxx, who won reelection last year, felt compelled to speak out about the way powerful women of color are treated in the news media.
Now speak out about the way powerful men, like Trump, are treated by the media.
HUGE FAIL FOXX!
You are the most POWERFUL prosecutor in the state of Illinois. YOU are not a victim, not by a long shot.