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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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Lori is dancing as fast as she can. The city is about to blow up again and nobody is willing or able to clean up the mess she created! If she bows out now she can keep her election war chest, all $241!
Nature abhors a vacuum. So do yuppies.
When you begin to punish ordinary people for the actions of criminals – which is exactly what the defund the police movement portends to do – ordinary people take matters into their own hands. Foxx and all these aldermanic Tankies have emboldened the criminal element. This is people directing their collective middle finger at them.
Has Lori spoken on this? What happens when some miscreant gets their head turned into a canoe. I’m not apposing self defense. I think Lori’s objective now is to steal as much as possible before she’s handed her hat.
I’ve heard from a lot of people that the yuppies are abandoning the ‘raise kids in the city’ thing in droves. Too much crime, too dangerous to be outside with the family. Now they’re moving to the suburbs…
There goes the neighborhood!
Here’s an article on Chicago crime and judges.
https://www.naturalnews.com/2022-04-30-chicagos-left-wing-judges-letting-murder-suspects-out-people-are-dying.html