-- 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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Really making the city user friendly again . the past 2 years will derail 30 years of getting the city from marginally livable to a destination. Now we will be lucky if it settles out at marginally livable
It’s simply a money grab. Going after the real speeders would be racist and dangerous. Just give Lori money so she can give it away!
Average drivers’ car-speed wobbles 5+ mph, back and forth, up and down, while driving, because the human foot isn’t necessarily a steady force applied to gas-pedal. City Hall’s imposition of 6 mph as “speeding” trigger is intended to “tax by penalty-fee” as many Chicago drivers as possible. If City Hall was truly interested in “traffic safety” and “accident prevention”, they’d install speed cameras on Lake Shore Drive, where some drivers are 30 mph+, even 40 mph+, over 45 mph speed-limit, weaving lane-to-lane, causing true dangerous driving conditions for other drivers. In fact, maybe what Chicago really needs are cameras which… Read more »
Shuts up youze chumbolones and just pays the finez and youze taxes. Its all fer de kidz.
What about those who drive 40 in a 55 zone. That offense is impeding the flow of traffic and raises my blood pressure to boot. Lots of Clara Pellars’s out there. More and more are doing that. I see people not moving at a green light. My guess is they have Covid brain fog or a recent vaccine.
https://jaysizemore.medium.com/did-the-covid-vaccine-give-me-covid-brain-cd65e006ddc2
I knew I got caught in Irving Park doing 37. That was in March. I just got the ticket in the mail about a week ago…
Bad boy bad boy what ya gonna do when they come for you. Just be humorous.
Being humorous, spell check