-- 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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Yet Mayor Johnson thinks reality of Chicago’s out-of-control street-crime is not a governance problem, that we’ve only a minor “exuberant youth” perception-issue to redirect from obviously prejudiced white Chicagoans.
When I have to drive through the city I keep an old cell phone and non working key fob in my cup holder. If I’m jacked I hope they don’t figure it out til I’ve ran away
Need some help from the techies on this one. Even with a factory reset, I assume a cell phone can be uniquely identified and tracked.
Yes and no. The IMEI can be registered as stolen but it is the individual user’s account that is tracked, not the phone. Many of these phones end up overseas in places where the supply chain is last to reach, so to speak. That’s where a lot of stolen cars end up too, in some shipping crate, and eventually on the streets of Benin or Peru. Many of these places also have really ridiculous import tarriffs, so much so, that there are stoles of it being cheaper to buy a flight to the US from South America buy a high… Read more »
Thanks, looks like you can disable the IMEI, and therefore your connection to the phone, but a thief can replace it with another “clean” number.
Gals, don’t leave home without it and I don’t mean your cell phone….
What’s their reaction when they see my iPhone in 5 years old?
A Kim Foxx voter