-- 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 arrested. In Chicago you can pay for the parks but have to use them at high risk to your well-being. So much for police protection.
BJ claims that crime is down. We’ve all waited a long time for this, but we’re finally at the point where we can return with our families to downtown Chicago, Millennium Park, or Grant Park to enjoy ourselves.
Just kidding, of course. What a s***hole.
Gold jewelry, a commodity that can easily exchanged for cash at any pawn shop with few or any questions asked and untraceable as opposed to being sold on social media sites. Sounds like a new type of criminal practicing a new type of crime has crept into CHI.
If 17 robberies are occurring in downtown, wide-open Millennium Park; no place is safe. The national media needs to put this in perspective.