-- 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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Kass is only true heir to Royko and will probably be the last the way the newspapers are going.
John Kass was the only reason i subscribed to to the tribune.
You can keep Darlene, Eric and Rux. They have destroyed the thribue.
Good luck tribune.
The new uniform will not have a Bobbie hat as Mr Kass suggested. The new uniform will be pink from head to foot for instant visibility and to engender respect for the CPD. The hat will be the pink knit hat so popular in the women’s march of a few years ago. Vests will not be allowed, but pink tutus are optional, only if they are an exact color match to the regulation pink tights. Don’t worry about the tutus getting in the way of the gun belt because firearms will not be permitted. Pink Nerf projectors will be the… Read more »
As usual, John Kass cuts through the nonsense and shows exactly where these insane ideas will lead. It doesn’t take a genius to see it, only someone brave enough to say it. Kudos again to John Kass!