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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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Why not just give out citations for driving too slow. https://www.alllaw.com/articles/nolo/traffic-tickets/impeding-traffic-by-driving-too-slowly.html There are signs on major roadways saying slower traffic keep right. We’ve all seen Clara Pellers (Where’s the Beef lady) or Clarence Peller in the left lane doing 20 in a 45 mph zone. Plus has anyone seen or know if the yellow light is slowed down by a half second or so in your area? This can be the difference between getting a ticket or not. Drivers who know intersections that seem to have a quicker yellow either slam on the brakes and thus causing an accident or… Read more »
Nothing like adding a bit more stress to a stressed-out Chicago population.
Failed Mayor Lightfoot Plans To Defy City Council Vote, Use Veto To Maintain Her ‘New Jim Crow’ Speed Camera Surveillance – Chicago Sun-Times — Crooked, Corrupt, Predatory, Regressive, Revenue Robbery Ripoff Racket Speed Camera Tickets — For Drivers Going As Slow As 26 MPH/6 MPH Over The Limit — Cameras That Have Done Nothing For Safety — REALITY CHECK: THESE CAMERAS ARE A MUNICIPAL MONEY MACHINE — THAT PUSHES LOW INCOME BLACK DRIVERS INTO BANKRUPTCY