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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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Wonder what counties will use for a cash cow without the bond system that most use to bilk poor defendants. Once upon a time the bond system was only used as a guarantee that the person released would make court appearances. If they did the bond money was returned minus a small percentage for court costs. At some point counties and states attorneys realized they could make fines a part of the sentence and keep the bond money. Almost all bond money today ends up in the county coffers. Usually the bonds get footed by poor defendants families or friends.… Read more »
If cash bail is eliminated, crime will skyrocket. We’ve already seen a similar example with Crimesha’s soft on prosecution policies. When there is no penalty to crime, crime goes up. This will turn the Illinois Exodus into a stampede.
Disagree. The majority either bond out or are released on personal recognizance anyway otherwise we’d be out of jail space. Courts will still have means to keep the really dangerous folks off the streets. The bond system today is a joke and nothing more then government robbery of poor defendants in low level crimes.
*lots of stories of criminals released on low bail committing more crimes with hours/days
““Criminal justice reform doesn’t have to be us versus them,” she said. “It doesn’t have to be reformers versus law enforcement. And it certainly doesn’t have to be victims versus reformers. We can make these reforms by working together.”” No, it is an us vs. them. Criminal vs. Law Abiding. We have no interest in working with the criminal to reform the system. They have constitutional rights. That’s the end of the story. Fortunately, as the saying goes, if it bleeds, it leads, and local TV and news reporting LOVES to amplify crime stories, and they’ve done such a good… Read more »
Immediate reply from the Black Caucus who proposed this legislation, ” He’s racist”.