-- 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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Let the police continue on their exodus. Sooner or later Chicago’s crime will be a thing of the past.
Wait a few years and see what the CPD looks like. Lowered qualifications and standards with more political hirings and promotions and the 3 ring circus will be a ten ring circus. You ain’t seen nothing yet. (Dave Clark 5)
There is the hard defund the police movement, like firing cops and reducing funding, and soft defund the police, by lowering morale and making the job too difficult. The dual purpose of defund the police is to allow communities to police themselves and enforce street justice … the result of which is scores of dead children. But to the community that’s clearly and obviously preferred over an institutionalized criminal justice system. The second purpose of defund the police is to ultimately federalize the police. Except the federal police won’t be investigating petty street crime … their directives will come directly… Read more »
Our suspicions all along … steps to federalizing law enforcement.
Sad days a’coming.
***—Maybe all those agencies watching for cops to make a mistake, or make a decision they disagree with could get together and join forces and put some of that scrutiny on the POLITICIANS…
You know, like the news media used to do…
Wait, now you want to blame the criminals and gangbangers for the violence and criminal activity? How dare you!
The criminals are victims; real victims aren’t even part of the equation.
Laws used to ‘protect the innocent;’ no more.