-- 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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It is not safe in the Chitty of Chicago for criminals or honest citizens.
Kimmy, here’s your big chance to prosecute a citizen doing your job because you won’t.
Simple observation. Bad guy is called offender. Good guy is victim. Bad guy shot and he’s still offender. If the tribune wrote this article the good guy would have been the offender.
I guess we use different dictionaries. Offender is the bad guy.