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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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Scott, A preference for a neighborhood and community feel with single family homes is not evidence for racism nor some conspiracy. Your assertion is baseless and offensive. Perhaps most telling of all is how unintelligent it makes you sound. People here enjoy their yards and neighbors and unfortunately a person like you comes along to try and change it? We don’t want any of what you are proposing and if you knew anything about this neighborhood you would understand that this is in fact one of the most diverse communities in the city. We don’t want the traffic, the parking… Read more »
I’m curious what attracted Scott to Beverly since he was a transplant from the west coast. Was it the expansive yards? The beautiful streets lined with single family homes instead of multi family units? Did all the white faces make him more comfortable as a white man? Why didn’t he move to the “Black” neighborhood to the east? Scott in a classic virtue signal ignores all of these things when he moved to Beverly. Now that he is in his safe and wholesome neighborhood he wants to point out all of its’ “flaws”. The problem is that those same flaws… Read more »
Scott Kibler, Beverly. Please get the **** out of Beverly. No one asked you to come to Beverly to shove your progressive, property value wrecking nonsense down the current resident’s throats, even if they don’t want it. People like you destroy all that is good in the name of progress. You’ve never done anything in your life except wreck what other people have because you don’t like it.