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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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Here is the 30 minute press conference that accompanied the video. http://www.youtube.com/watch?v=U1VdhQbfSTY Chicago Police Superintendent David Brown is fed up with the press not accurately reporting what transpires during the riots. For instance, If the police are subjected to an organized planned attacked, which is what happened Friday July 17, 2020, report that is what occurred. Here’s the WGN video caption that accompanies the video listed above: “Chicago police release video footage of protests at Columbus statue.” Here is the CWBChicago video caption to which this article links: “Protesters clash with Chicago Police at Grant Park statute of Christopher Columbus… Read more »
I guess this looks to Mayor Lightweight and those several wacky aldermen like innocent protesters exercising their first amendment rights. This surely a teaching moment. I didn’t realize the 1st Amendment protected throwing dangers objects at police, assaulting them and distributing dangerous objects with the intent to injure.