-- 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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One has to do an end around of the likes of JB, Kwame, mayor Panicky, Tim Evans, Taxwinkle and the Durbin/ Duckworth comedy duo to effect any change re the (un) Safe T Act. Good luck.
A good start if her actions match her words. Also needed, a competent mayor who understands the need for public safety and is willing to rebuild support and staffing for Chicago PD so it can do its job (and a dept that weeds out it’d own bad apples).
Nothing will change, she’s just another useless leftist hack. As “Second City Cop” recently reported, a primary focus of hers will be prosecuting pro – lifers who peacefully picket abortion mills…
75 yr old grandmothers don’t fight or resist arrests so they are easy pickings. SWAT team needed if they are armed with a rosary