-- 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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Get the popcorn this will be fun. 1st gun incident in a school cannot be far off!
Good luck
I think its a great idea. Let the teachers and administrators handle in school problems. What’s going to happen when one of these schools that refuse to allow police officers in needs help from the cops they hate? Sorry, I can’t go in there, bring the 6ft 5, 260lb, 8th grader outside madam principal.
When a teacher or staff member is killed all hell will break loose.
Can’ wait until one of those CPS Honor Students shanks Union Prez Jesse Sharkey
Remove all the brave police from the schools. The cops don’t need the headaches and disrespect. Make the local school union leader the designated responder to break up the fights. This is going to be fun to watch.