-- 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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And the crime and mayhem continues! No sane reason to go to Chicago anymore!
“Honey, take Halsted downtown. DuSable is backed up again due to police activity. Jean Baptiste is covered in bullet casings.”
It will always be Lake Shore Drive. Always.
No it won’t. The city of chicago no longer belongs to your intersectional identity.
It’s just too bad they renamed it after a colonizer capitalist who occupied indigenous lands and nearly extincted every fur bearing creature in the upper midwest. Beavers almost went extinct because of this ‘fur trader’. This man was a monster by today’s standards. Why do we celebrate this?
He was black so cannot do wrong. You are a racist, that’s your answer