-- 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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There’s a chart out there showing that during the 1990s until about 2016, the crime rate decreased significantly while single-parenthood increased significantly. Now don’t get me wrong, studies have shown that absent fathers contribute to criminality, but it’s not the only thing. An alternative theory is that criminals are going to commit crime no matter what. I believe that crime is not caused by social problems to be solved through addressing root causes. I believe, as do others, that crime is caused by criminals who will commit crimes *regardless of their social conditions*. The criminals must be punished swiftly and… Read more »
Zippy is out of control, what else is new!
A minister;s son that tells the woppers he does??? WOW
The Mayor talking Reparations is like a homeowner getting bids for a backyard pool when the electric bill is overdue and there is no money to pay the property taxes.
Spot on. This is Democrat’s financial and budgeting behavior in a nutshell.
LETS SEE MAYOR DUMB NUTS NEEDS A BILLION FOR THE RED LINE 3 billion for OHARE AIRPORT 37 billion for pensions i know JUST TAX BLACK HOMES AN BUSSINESS FOR THE REPERATIONS MONEY THEY WANT IT THEY PAY FOR IT
It’s not easy raising 3 or 4 kids in the urban cesspool known as Chicago even with a 150 man security detail. So a little diversionary fun by riling up the white folks with Reperationisms talk is to be expected.
The Goons did not like that one.
+1 for the low quality photoshop. Keep it up