-- 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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We need to start treating social diseases instead of the symptoms. Rap music, video games, and other social influences are having a huge impact on our youth.
Here’s illegal weapons training:
https://www.youtube.com/watch?v=otQPnIO5Yfs
Car jacking:
https://www.youtube.com/watch?v=wMWFo3gjMN8
We need to focus more on reformation as opposed to retribution. Cook County is notoriously overcrowded, and that creates tremendous stress for security and the inmates. Perhaps Brandon Johnson could find some loose change to make Cook County jail more compassionate.