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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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Analyzing everything through the lens of race is wrong headed; more disappointing coverage by CBS2. Majority of NFL and NBA players are POC – is that a form of racism? I don’t think so. More likely meritocracy in action. No complaints from the race hustlers on that. Chicago and Cook county government officials are predominantly POCs. No complaints from the race hustlers on that either. The same people who rally the voters with calls for ending systemic racism are running the system. Huh? Majority of crimes in Chicago are committed by POCs, subsequently the percentage of POC stops make perfect… Read more »
96% of a districts population is black and 97% of the stops are black people. How is that’s inappropriate? Out of a 100 people there is 1 extra black person stopped, WOW! Look at the news, how many car jacking suspects are white? Look at the shop lifting gangs invading Michigan Ave, how many are white? Look at the daily crime reports making headline stories how many are white? Look at CTA robberies, how many whites. Check the available homicide stats from 2011 to present. Yearly averages 80% involve blacks, 15% hispanics and the remaining 5% involved all other races… Read more »
It’s actually a small number of people who commit the majority of crimes. It’s become obviously apparent since social justice requires releasing criminals, most of whom are repeat offenders. Giving someone a second chance, in most cases, is OK, but giving someone a fourth chance is wrong.