-- 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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Gosh, in the old days your taxes actually paid for policing. You mean we’ve got to pay twice now?
This is kinda like sending your kids to a private school.
Zippy has told us that the” youngins are just
Funnin ,” it’s not like they are young Capones. The regular Chicago police are busy with real crime. The private security is their only to suggest to the youngins, put that Glock down, don’t steal that car, don’t beat the hell out of that couple and steal what they have. Springfield could not care less,
Mr Bungles is to busy with listening to
“ Hail to the chief” to get involved.
By the way, why do you need private security
If crime is not a problem, lies again?