-- 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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The wrong people are being arrested because of Shot Spotter. Most of these arrests are of minority members and politicians just can’t seem to grasp that this is happening.
100’s of arrests zero convictions.
This decision is emblematic of Mayor Johnnson’s faltering administration. Even though I have already moved away from this chaos, I literally grieve for my fellow Chicagoans who remain there.
Communist think they’re smarter than common-sense.