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.
The car theft/carjacking rate in Chicago boggles my mind. How the CPD can possibly keep up baffles me.
I don’t think there’s a big city police traffic department large enough in the whole country.
We need Russian style penal colonies in Alaska for our thousands of car thieves.
Or, we could hold them closer to home, without bail, in the Cook County jail. But that’s inequitable.
Somebody steal mine is got 130K on it and is 11 years old.
Insurance rates will skyrocket if you own one of these.