-- 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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My kids tell me they see homeless guys smoking crack in plain view right outside the train station when they’re not panhandling. Im old and my days of riding L downtown are long past…i did that for many years
Another outrageous situation with cta and homeless, at least in my nw side neighborhood, is that any bus shelter next to prime panhandling intersection has been taken over as a makeshift homeless shelter w people waiting for bus standing outside shelter. A couple bus shelters in my hood have been occupied year round for well over a year. How those homeless survive the winter is beyond me but they do
“We need help addressing some of the homeless challenges. We need help addressing some of the drug use challenges. We need help addressing some of the mental health challenges,” Hoskins said…” This is EXACTLY what is happening now in Evanston. Vagrants are pouring up here via the Purple Line from the city, bringing their panhandling, drug use, and generally disruptive behaviors to downtown and adjacent areas. Downtown Evanston (already half – empty) is increasingly unsafe. And the Evanston city government and homeless non – profits (Connections for the Homeless, for one) are bending over backwards with “free stuff” and total… Read more »
How anyone downvotes this absolutely correct post is beyond me
LsShawn Ford Should STFU — He Is All In On The Pro Crime Democrat Agenda That Is Affecting All Chicago Suburbs