-- 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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Brown will increase the appearance of patrols by having the beat cars drive faster around the precinct. Code 3 light’m up and let’m scream. The frequency of seeing beat cars will increase dramatically indicating due diligence! Have a cop stand surrounded by beveled mirrors to give the appearance of six officers standing around.
Not even worthy of comment!
Just remember that what you see happening to Chicago is by design.
What good are the extra police if the the thugs know they will be back on the street in a few hours?
Chicago is rotting from the inside out
Let’s face it, there aren’t enough police to do the job, and the ones we do have can’t do anything out of fear of getting prosecuted for trying. This can be laid at the feet of Jabba, BD Lori, Lil Kim and Judge Tim. I wouldn’t be surprised to see a summer of record chaos and destruction. What’s going to prevent it?