-- 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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Unfortunately, Kim’s definition of a violent crime is different than most people.
Cabrini Kim is focusing on restorative justice only which means reducing criminal charges against most black arrestees to reduce the amount of incarcerated blacks and to reduce the crime stats that reflect poorly on black criminals. Too many violent black criminals so let’s get busy and change the numbers
It’s called restorative justice, but in reality, it’s cronyism, that allows members of her own race to escape justice. It’s race based corruption, pure and simple.
Yeah, right. Anybody believe Kim Foxx’s focus on violent crime will have a better result than from her first term?