-- 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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No one will feel safe until the area actually is safe, wandering Walmart-like greeters on State Street will not accomplish that.
Downtown Cheerleaders Think That Vest Wearing ‘Ambassadors’ Will Deter The Crime Thug Predators On Michigan Avenue
I can hear them yelling “citizens arrest, citizens arrest” right now. Barney Fife would be proud.
Actually that was Gomer shouting ” citizens arrest”. What a great program!
A job promotion for those in the Safe Schools patrol. Perhaps the can earn their way to the Air Team!
They’re frequently seen at the corner of Michigan and State.
LOL
That will help…………insert laughter here