-- 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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Amazing how everything, and I mean EVERYTHING is reported by race, except the race of perpetrators. We get a description of clothing and perhaps height and gender, but no mention of the primary in-you-face characteristic.
Chicago has a black crime problem, oftentimes black-on-black crime problem, but that fact is silent in the media.
Thank you, Jesse Jackson, for intimidating the city into never identifying perpetrators by race. Makes it easier for the bad guys to escape arrest. And if arrested, soon they’ll rely on the SAFE-T act to set them free.
Stupid chickens.
How exactly do rising housing values benefit anyone? All it means is more taxes so that when you go to sell you find 1. Your house was not really that fictitious value and 2. Higher yearly costs in perpetuity.
How can anyone ‘downvote’ the truth? you are spot on
Trolls be trolls.
Welcome, Chicagoland Hispanics, to your tri-annual Cook County kick-in-the-teeth. You were spared for so long, but now you’re one of us.