-- 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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Kim Foxx has been terrible and a disaster for Chicago and cook county!!!
But hey, dems voted her in so they can live with their choices! So glad i moved out of cook county!
I call her “Misdemeanor Kim”. She has a way of making felonies magically disappear…if she doesn’t just drop the charges completely. She’s the inventor of “misdemeanor murder”!
If Fooxx only prosecutes “100% slam dunk conviction” cases, as she proudly notes, then of course her conviction rate seems successfully high, in isolation of true context of those many many arrests not approved for charges. But if Fooxx’s conviction rate is presently only 86% of those “100%” cases, then her incompetence is extremely worrisome.
Bragging about shooting fish in a barrel!
Liar, Liar, pants on fire!
So 86% of felons approve of the job she’s doing. I would have guessed 100%.