-- 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 Eggplant Rain Man! Crime is down! Days off cancelled! We’re prepared!
True progress can be measured by numbers of arrests, numbers of convictions, and months of jail time sentences given. The rest of the blah blah blah is only smoke and mirrors.
LOL! This is an Onion story, right?
What if some brother disrespects you by kicking sand in your face? You need your Glock to teach him a lesson!
Yeah, and shoot up three to five innocent bystanders in the process.
The survivor earns the right to get a tear shaped tattoo on their face.