-- 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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I still have visions of the black, male Seattle police chief, after showing the dash cam footage of some drug crazed lunatic clawing his way up the front of the police cruiser and across the hood, asking “ How’s a social worker gonna help me now?”.
Wow, a whole month of training! These CARE workers, so full of compassion and empathy, are bound to be effective. They will probably ride around in their special CARE car eating Dunkin donuts. They might even offer free donuts to the mentally ill or drug-addicted. Evanston residents can now rest easy as their brainless leaders pour money down a drain. After years of living in Chicago, I realize, in a lot of situations, compassion and empathy are liabilities. I’d rather have Clint Eastwood’s Dirty Harry in my neighborhood any day. (That remark is going to get me a lot of… Read more »
When the first C..A.R.E. worker is injured they’ll be singing a different tune.
“motivational interviewing” – that should go over well.
Glad I’m old if this is the NEW NORMAL!! Would love to go back 50 years when you could and would talk to each other!!