-- Connecting the dots between our economy, government and business --
Some blamed the mayhem on the pandemic, but persistent cop-bashing emboldened criminals.
The St. Louis Post-Dispatch expresses the conventional wisdom: because of the “economic, civic and interpersonal stress” from the coronavirus pandemic. Chicago Mayor Lori Lightfoot blamed pandemic-related “frustration, anger . . . trauma and mental health challenges.”
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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Nonsense! The year was ‘mostly peaceful’! The excess murders are the result of White Supremacy.