-- 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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If enough people move out of Chicago, Chicago can reach that goal of reducing shootings and homicides by 50 percent in five years.
Somehow I believe that ambitious plans to reduce gang violence has been tried about……insert number here…….! It didn’t work then and I guarantee it wont work now or in 5 years. Perhaps they should try midnight basketball.
Wow, finally a program that encourages fatherhood in the hood!
The trick is to keep kids motivated and on the right path in the first place. We should be taking a proactive approach instead of a reactive state sponsored approach. By the time people need counseling, it’s too late. These people have no idea what they are doing or how to solve this problem. I’ve spent years studying mental health. Here’s a simple graph that explains just about everything. If Wirepoints is interested, I can whip up a great rebuttal to Johnson’s holistic approach. At the same time he’s proposing this, Johnson is pushing radical racial ideologies that promote violence.… Read more »
Here’s another chart. I like this one better because of the emphasis on negative systemic and situational factors, like social media and toxic culture. Again, Johnson promotes racism and victimhood. Poor education is a big problem.
Pritzker is proud of his Marijuana progress and gambling, just to name a few. It’s madness.
Like the money for shovel ready jobs found it’s way into shoring up public pensions, this cash will wander away into boondoggles.
Unless they’re buying every resident a Kevlar vest and a helmet, what’s the point here?
Chicago seems to have unlimited funds except for things that matter.
Why not quadruple the current spending and eliminate murders altogether? The answer to that one is easy. No amount of spending can turn bad people good. Training, counseling and therapy will save us, right Arne? Big spending is Arne’s solution to everything, but he’s always asking for more and delivering what exactly?
It’s laughable how our idiotic elites believe that “recruit[ing] people to an intensive program of therapy, counseling and job training” is going to turn gang bangers away from the thug life. Sure, slinging drugs and pimping hoes one day, and then turning wrenches on jalopies the next! The unfortunate reality is that the community has bred a rather large subculture of cannabis addicted violent sociopaths who have moral compunction shooting up a crowd of innocent kids. Job training isn’t going to fix that. As trite as it sounds, these people need a religion in their life and a moral code… Read more »
At least two of Johnson’s “ peacekeepers “ have been arrested after beating up people. This is yet another money grab that benefits those running it and doesn’t change anything.