-- 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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First step: De-certify police unions. Bonus: It creates a philosophical conflict among the remaining public sector unions. If they support the de-certification of the police union, what does that say about their belief of workers to organize? If they don’t, they’ll appear to side against the necessary reforms.
Political leader lesson #1: Never Bow To The Mob. Never.
Lori unfortunately, is bending over backwards, But it can never be enough.
And civilians training police? These rough communities have a 4th grade CPS education and barely read. What can they possibly offer to the police?
How about they stop committing crimes? Lori needs her brown shirts to arrest businesses that allow more than 6 people into their space.
Did you see that George Floyd had coronavirus too? how do we know he didn’t die of a coronavirus related heart attack?
She had already bowed to the mob last year with the CTU. That set the precedent, and she’d only been in office a matter of months…