-- 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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Remember, according to Lori, dozens of people simultaneously breaking into retail stores and walking out with freebies is NOT looting. It is organized burglary.
https://cwbchicago.com/2021/11/organized-burglars-raid-stores-in-wicker-park-and-west-town-overnight-please-dont-call-them-looters.html
Pawn shops (some mobile),wig stores,barber shops,nail salons,more pawn shops,resale store, and of course another Pawn Daddy.
https://www.youtube.com/watch?v=qmuL33DfpW8
Left out hub cap stores!
Don’t overlook the catalytic converters and recently hijacked vehicles – there’s a market for all criminality in Chicago.
you left out Med Men, a fast growing pot shop franchise.