-- Connecting the dots between our economy, government and business --
Two landmark studies on the Chicago Police Department just dropped. Here’s what they revealed.
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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Pffft! How about we bring a scintilla of professionalism to the Political Class that’s the direct-line source of so much of the destruction in this state? How about we put the Political Class under the same type of microscope that CPD has been under for the last 2 decades? How about we have the PC wear body cameras for 15 hours a day so we can see their “Professionalism”?
seems fair as long as it applies to both parties as it would show that people are people & GOP politicians are fundamentally equivalent to their opposition when it comes to integrity & professionalism.