-- 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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Oh oh, some democrat politician is gonna be in trouble with the party leaders. Questioning or pointing out failures of their failures is not a good career path. Iris, the help wanted section is usually located on the back pages of the newspaper
Violence is spreading, now spilling outside of Crook County as the thieves seek bigger scores. Your local police department has some wonderful stories about visitors to your town wreaking havoc and terrorizing people. It’s not a joke, and it is increasing weekly. Pay attention to what is going on around you.
Now the Tribune is worried? Watch them endorse Harris for the election.
Iris, this is a feature, not a bug: “When victims and witnesses do not feel safe and stop coming to court, cases are dropped.” As I repeatedly point out, Pillar 1 of the four Pillars of the Illinois Legislative Black Caucus’s agenda in 2020 was Criminal Justice Reform. The stated goal of the law was to put fewer criminals in jail or prison for crimes. The law does not even try to reduce crime, it’s all about reducing the black and brown population in jail. To achieve this goal, they systematically when through the entire criminal justice looking for ways… Read more »
BJ is cancelling police academy classes and scheduled police layoff’s, welcome to the purge.