-- 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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Is there an expectation of privacy in a public space? Chicago already has an extensive network of cameras throughout the city. What’s the difference between having these cameras record a demonstration versus a drone doing the same thing? Would the ACLU like to answer that question?
Funny how protestors who often turn violent in public spaces don’t want their actions recorded or their identities revealed.
Would you want to work under the conditions that a good arrest of real criminals are released before the ink is dry on the paperwork?