-- 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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If the think that is dangerous, try working downtown Chicago on a normal day. Ken Griffen could not take it and left the State because of the Hooligans. Crime and destruction are the new normal in the Chitty.
There is some good news in this. Oak Park-River Forest, one of the most progressive places in IL, is learning from its mistakes, and taking corrective action. It is rare that a progressives recognized their folly. They usually just recommit themselves to the failing course of action because ideology demands it. The fact that its failing means that it is working. But when OPRF can recognize that ‘equity’ means emboldening children to act feral, it means there is hope for the rest of us.
HA HA
Oak Park voted in 2020 to ban cops from schools
https://www.oakpark.com/2020/07/09/d200-votes-to-end-school-resource-officer-program/
— now these lib-tard shit-stains have to fix the problem themselves — karma is a nasty b****.
I thought the educators detested having police officers in their schools. Now what? Who is involved in these school fights? One guess. Will the schools support officers who make arrests? Will the problem makers be prosecuted and expelled? Questions, I have questions.