-- 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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Public transportation is dead. No regular honest working person can risk riding it.
Why are pot sales happening on CTA trains when degenerate drug addicts can buy weed at dispensaries all over the city? Is the black market really all that much cheaper? Or do they lack ID’s to actually buy it.
If you’re lucky, your CTA train only reeks of pot and cigarette smoke — it usually smells like B.O., piss and shit
So CTA amenities include onroute pot-sales?
Another example to demonstrate public safety requires full enforcement of laws and regulations. Wait for gunshot victim’s family to sue CTA for failing to provide “safe-passage” upon its facilities.