-- 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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Doing the math from figures in an October 6, 2021 CWB article, there was an average of over 5 carjackings per day in Chicago during September 2021. “For September, the city logged 168 carjackings through last Wednesday, up 57% from 107 during the same period last year. September’s rate is 147% higher than the same month in 2019 and up 223% compared to September 2018, records show. Last week, Chicago Police Supt. David Brown told a group of business leaders and politicians that carjackings reports are down.” https://cwbchicago.com/2021/10/a-woman-was-carjacked-on-the-mag-mile-yesterday-afternoon-police-say.html. Call it reality math. Spice up the CPS curriculum with reality math. Were the… Read more »
Biden doesn’t know where he is half the time, and his gaffes are getting worse. Everytime he opens his mouth it’s gibberish. He is not fit for office. Republicans need to take back the House so we can hold on for dear life when Kamala takes office. What a disaster.
It is amazing how many people wear a mask alone in a car, walking alone outside, and bicycling alone.
My all time favorite was the motorcyclist wearing a mask.
The guy coming to Chicago is a Biden look alike, not the real Biden. He has a totally different skull shape!
They gave him a new head. The old head doesn’t work.