-- 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 really pays to be a criminal in Chicago.
Forget about the crime victims and appease the criminals and make sure they’re comfortable.
Chicago: #1 most corrupt city; #1 most gang-infested city; and according to Orkin pest control the #1 rattiest city.
A city of confusion is broken.
Crooked Corrupt Cook County Boss Preckwinkle prioritizes the rights of criminals and illegals over the rights of citizens who pay taxes and obey the law
And homeless citizens who haven’t served time get what?
Crickets.