-- 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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Baby boy brother shot while standing on a street corner at 2am, hmmmm. Assailant walked up and shot him, hmmmm.
Standing on a street corner at 2am, good idea. Standing on a street corner isnt a crime but is very closely associate with, let’s just opine, drug sales. Shot by an assailant, who for no apparent reason, shot baby boy. Drug territory discussions usually end this way. The real story will never be known.
The real story will never be known.
Because snitches get stitches. That’s probably the biggest reason why Chicago’s crime clearance rate is so low.
This is the opposite of the suburbs where your neighbors, friends and family will rat you out to the police with great joy.
All I know is that someone I respect has lost their kid brother for no good reason. Not my job to be (as Homer Simpson stated) “Judge Judy and Executioner”