-- 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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Everyone who shuts down traffic to demonstrate should be arrested and convicted. Protesters do not have the right to abuse the rights of others. This also disrupts emergency vehicles. If you want to demonstrate and protest, do not take away the rights of others.
First off the political leadership in Chicago, Cook County and Illinois have demonized police making traffic stops because those stops seem to impact minority drivers more than Whites. So let’s make a law reducing speed limits so more people can be stopped for speeding as a 25 mph limit is really a low number and many drivers will exceed the limit. Create another reason to complain about minorities being stopped to continue the lie of selective enforcement and continue to scream about those “raysssisss” POlice. The only reason for the 25mph limit is so the traffic cams can issue more… Read more »
People drive like they live; live irresponsibly, drive irresponsibly.