-- 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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This will offer a more panoramic view of carjackings.
What about More Cowbells?
Do not release carjacking thugs on bond and then sentence them to serve real prison time. That’s the only way to reduce carjacking.
My biggest complaint is that the helicopters aren’t green. When will Chicago invest in electric helicopters?
Put some machine guns on those choppers and then you’ve got something
In a very short time the use of helicopters to catch and arrest carjackers would be deemed racist since most of the suspects would be, you know.
I’m all for giving the police every tool they need to stop violent crime. It would be nice if some of these violent offenders actually went to prison though.