-- 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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They just do not care, for people keep voting for them. They are daring the good people of Chicago to push back in a meaningful way. They know it won’t happen.
Lori will share her plans at her next town hall meeting. Porky has already thrown her under the bus! A Health Crisis in Chicago. Slap!
Where do these numbers stand when compared to the Chicago gang wars of the 1920’s, 1929 in particular?
Ever hear of the St. Valentines Day Massacre?
Why, I’ll bet that they aren’t even close…
The murder (and likely shooting) rate of the 1920’s was significantly lower than the 1990’s and today using the murders per 100,000 figure:
http://www.encyclopedia.chicagohistory.org/pages/2156.html
Year Homicide Rate
1870 2.6
1880 5.4
1890 7.0
1900 6.0
1910 9.2
1920 10.5
1930 14.6
1940 7.1
1950 7.9
1960 10.3
1970 24.0
1980 28.7
1990 32.9
2000 22.1
2010’s (not computed)
2020’s God Help Us!
The 2020’s are on track to be the worst decade in the history because the number of murders is up but the population is 1920’s levels.
Also in the 20’s through 40’s the black communities were much better off stronger families, actual businesses. Segregated yes, but are not the blacks still segregated today? Yes they are. People then had more common sense and morals as well.
Fence the areas in and go full ‘Running Man.’ Redirect the problem to be it’s own solution.
The city says murders for October 2021 were down. So far in 2021 there have been 41 more homicides to date in 2021 than 2020. Somebody’s got some splainin’ to do.
So you’re telling me that community based violence interruption doesn’t work?
Sun Times has a decent more up to date website on murders. Just scroll down a bit
https://graphics.suntimes.com/homicides/