-- 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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Chicago creates its own problems, so let them live with it. They ignore violence from the left but now want to hide it from the convention-goers. If the violence and crime are good enough for the businesses and residents of Chicago, why aren’t they good enough for the convention attendees? They should live with the results of their liberal policies.
Uh, major overtime pay. I’d do it if asked . And, as usual, 90 percent of the crap goes down in the same part of town.
Learn from Joe’s mistakes and guard your own boundaries. If the CPD decides not to, or can’t, save the DNC from the cesspool their policies created, so be it. I’d be more than a little disgruntled if the officers my tax dollars pay to protect my municipality are off bailing out the mess that the progressives have turned Chicago into, especially if they get hurt and are now on disability at their municipalities expense.