-- 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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What is the Sheriff’s Department doing in an incorporated area that should be covered by the Chicago Police Department unless this is a task force operation addressing retail crime throughout the county? If not, this is a political gimmick that is wasting taxpayer money.
As usual, Dart is a day late and a dollar short as to reality of crime in CHI. At this point, it would seem that the powers that be keep Sheriff Clueless around for comic relief.
“Dart said they are even following up with retailers once an arrest makes its way to the courts, helping businesses see cases through in an effort to make sure offenders are held accountable….”
Wow, what “genius” thought of this, lol…???
What an insipid MSM “puff piece”…