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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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Miller slinks out from the sweaty fold between Pritzker’s stomach and crotch to ‘publish’ another Democrat press release. Crawl back into your benefactor’s gut crevasse.
“… and collaboratively find a path forward.” Of course, a path forward must include jailing violent offenders, but the soft-on-crime people, of which there are so many in Chicago and Cook County, don’t want to hear that. OK, let’s hear your path forward without that component.
Ah yes, such deep thinking! The problem requires new strategies and concepts! It’s not that we have too few police, it’s that we have too many! Why don’t you fools eliminate policing altogether? Just let all the law-abiding people move before you do.
Read a good tweet thread the other day saying that no socialist or communist regime in the world ever really abolished policing or incarceration. Regimes destroyed and dismantled the previous capitalist-pig systems but new systems of policing and incarceration were immediately enacted aka Gulags. The left’s current defund the police movement is best described as anarchy, like Somalia. The pundit said this isn’t really a strategy at all and it can’t be what socialists want. But I disagree – anarchy is exactly what they want. While some believe that a world without police ‘would be like the suburbs’ in AOC’s… Read more »