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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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A young Black man shot and killed by a Chicago Police Officer one or two weeks ago would still be 24/7 banner news headlines and opinion-page puffery. No matter the circumstances. If the police officer had been wounded twice by the Black man he killed, who had also shot someone else first – we’d still be reading about all the ‘systemic racism’ which had failed the now dead Black criminal. But a young, Black, female Chicago Police Officer, in uniform, murdered by 4 Black teenage career criminals who wanted to sell her gun to pay for fun? Crickets chirping are… Read more »
The news media just loves to stir the pot to create more chaos and more news stories. Whites are randomly killed almost every day by black murderers somewhere in the US. No marches, no ambulance chasing downtown Calhoun lawyers screaming about racism. No politicians giving phony speeches etc. Let one multi convicted black man die because of hIs lawless behavior and a White person was involved all hell breaks loose. Non stop, 24-7. How long before NYC puts up a statue of the subway felon?
Doesn’t fit the lefts narrative.