-- 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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Why, yes they did. And? You think Evans, Johnson, Pritzker, Raoul et al care? No. They have and will continue to release people that don’t belong in society with an easily shed or totally ignored when alerting electronic device. You don’t matter to them- empty prisons and cosseted illegals do.
Domestic violence is not important (chasing ICE and excusing criminals are de rigueur), sex crime charges are regularly pleaded out as part of settlements to avoid a trial, and our mayor can’t agree it’s reasonable to deport illegal alien rapists. Both the pattern and practice disfavor women: Why?
A dozen chances to violate court orders. Nah. The system isn’t broke
As Chicago and Cook County officials say, “Just an isolated incident” The murder victim does not agree.