-- 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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Future felons removed from the gene pool and the problem is?
“Blacks accounted for 80 percent of the county’s homicide victims” – Black Lives Matter?
Hmmmm….The ME homicide numbers are significantly higher than HJ?
HJ is Chicago. The ME is Cook County. Those south suburbs really help get the number up.
Thank you, I hadn’t considered the entirety of Cook.