-- 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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More funding for violence prevention won’t result in much change for the better until there is effective law enforcement of sensible laws.
The Chicago Drill music scene glorifying violence and gang-banging certainly doesn’t help: The controversial music that is the sound of global youth “….Less than 50 years later, Chicago’s deeply disenfranchised black communities gave birth to drill, a rap sound that has since spread to London, New York, Paris, Amsterdam, Lisbon, Stockholm, Sydney, Dublin, Seoul and Kumasi. Named after a slang term for attacks between gangs, drill is ominous hip-hop with lyrics – like trap and gangster rap before it – about drug dealing and street crime. What distinguishes drill from other forms of hip-hop is its combative energy and its… Read more »
Throw money at violence. That will cure it, like when someone sticks a pistol in your face and takes whatever he wants. He won’t do it again and is therefore cured. Crime will be even more down, non existent even.
There may be another underlying cause for the crime which no one talks about by faith leaders and city officials. That is decades of lead exposure especially in the inner cities. Lead poisoning can cause a myriad of problems. Here is a hypothesis of lead exposure and crime. https://www.brookings.edu/articles/new-evidence-that-lead-exposure-increases-crime/ https://www.discovermagazine.com/health/what-research-says-about-the-lead-crime-hypothesis It is one factor of many possible reasons but to test the hypothesis all that is needed is a hair or fingernail sample to test for heavy metal poisoning. I would test people who are incarcerated to see IF there is a connection. It seems the reasoning processes in some… Read more »
Probably a piece of the puzzle along with fetal alcohol syndrome, kids born addicted to crack and those whose parents ignore an obvious problem such as mental retardation, autism, depression, etc. Re the down voters, that’s all they can do and rarely ( if ever) offer any intelligent rebuttals.