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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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Does this count as a mass shooting, or does this not fit the DNC narrative?
The body count in my little town this weekend. ZERO. Why can’t Chiraqis just get along with each other?
The Sun Times has documented 91 cops hovering around ” lori with the giant appendage ” to protect her from non existent threats. The gangs won’t go after her, because she is their best friend. Why doesn’t the City Council remove all but 1 of those cops from protecting her and assign them to protecting the people of Chiraq, instead? She isn’t any more important than the last person who was murdered over the weekend and she certainly isn’t special. Give her an incentive to actually stop the violence instead of just pointing fingers and angrily shouting. If the killings… Read more »