-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Aren’t Cook County officers the only law enforcement presence in unincorporated areas of the county? Guess they’re on their own now.
So no more county police officers? That means no more police at Cook County Hospitals. I’m sure the doctors and nurses are fine with that. What a coincidence that their contract is up this November. Tell them now there will be no renewal.
Heard on the street: “As a member of the Gangster Disciples, do you support this defund the police initiative?”
GD Member: “Why yes we do. Wholeheartedly. We will even help the police tear down the precinct. If they need help with moving their cars out of here, we’ll help with that too”
Anything that is about, or smacks of, different legal standards and treatment as a SYSTEMATIC matter is racist/tribalist and a throwback to what MLK was trying to root out. Only individual justice can maintain society and we’re regressing from this at a pretty frightening pace.
Is the money Periwinkle wants to redirect to social services from the Police fund, funded by the Feds? If so is that legal?
If not legal, she must be stopped.
Most of the remaining white police officers are probably on the verge of quitting anyway.
“It’s antagonistic in nature. It’s not meant to solve anything. It’s not a pragmatic idea to form some kind of solution to a problem,” Morrison said after the meeting. “The idea that you would defund law enforcement without a viable option or alternative — I don’t see the logic of it.” The conclusion progressives reach – defund the police – is completely logical, but the incorrect solution, because it relies on the faulty premise of the existence systemic and institutional racism. When asked to describe what is systemic and institutional racism and where is it, there are all kinds of… Read more »
Blacks are the kings and queens of American society, privileged to the tee. When they rule in political majority they have no regard or fairness for white people. Periwinkle actions racist and militant.