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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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The writer is late to arrive at this realization: “The fixation on the police is beginning to look like a red herring for inadequacy by those in power.” This has been obvious for several years. Demagogues and media blame the police, the system, deplorable Caucasians and of course DJT, but NEVER blame wealthy owners of the news outlets (like Jeff Bezos, WaPo, Carlos Slim, NYT), they do not accept any responsibility for their own failed policies and actions.
Excellent article
What needs to be done is to get in the faces of the mayor, Kim Fox and those behind those two including the media, who speak the same nonsense.
Expose the mayor and Fox making excuses, blaming police, for Fox and Lightfoot’s own incompetence and refusing to take the proper, past and proven way to deal with crime and criminals.
Having read the Chicago Tribune series on “slumlord buildings and fires”, I thought to myself, as a parent, I’d be certain to always install both smoke-detectors and CO2 monitors in ANY home my kids live in, replace batteries as needed, regardless of whether landlord’s legal responsible for doing so. Nowhere in this article-series has Trib noted that parents always had ability to install/maintain detectors themselves, as responsible parents, that replacement battery-cost is minimal, that these alarms chirp loudly when battery-replacement is needed. Same thing with young-teen gangbangers and carjackers. Media and politicians never state the obvious: these delinquents are the… Read more »
It is my understanding that in Illinois while the landlord has to provide the detectors with a working battery the installation of replacement batteries is the tenants responsibility. I might add that removing batteries to put into remote controls, gaming devices and other assorted items is against the law however in Illinois it’s some slumlords, any landlords, fault.