-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Just another normal day in the Chitty of Chicago.
To the vendors who have been robbed at gun point. NO ONE is coming to save you or do anything for you. Get some training, get a concealed carry license, arm yourself and be prepared to defend your life if need be. It is your right and you may not feel much safer. but you will feel prepared to defend against a threat to your life.
Stop your whining Little Village residents. It is just getting boring and no one is listening to you any longer. Who did you vote for the last ten years at the state, county and city levels? Go cry to the folks you put in office who can do something about it.
The solution is to take Maria’s gun away
I’d like to know who is heading into Little Village, which might as well be another country, to rob and mug hapless illegal immigrant street vendors. The article is silent on the description of the offenders.
The only way you hear about the description is if they are wearing MAGA hats.
Thank Jesse Jackson’s influence. He declared descriptions by race were inciting and the idiots in the IL press fell for it and, voila! No reference to skin color in Chicago.