-- 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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Looks like it’s “back to the 80s.” The timing is certainly right for a Chicago-style reboot of Curtis Sliwa’s Guardian Angels.
Martial Artists? Are these the guys who paint graffiti on the viaducts?
This isn’t going to end well. In the litigious society we live in today I expect some goofballs will roll the dice with the volunteers. The lawsuits will be filed before they get off at the next stop.
What a scam. Where are all the violence interupters that were supposed to be funded from all the $millions$ in covid arpa grants? Instead we have volunteers violence interrupters?
violence Interrupters! Oh! please. You know how you can indentify a violence interrupters? They’ve got their hand out. I think UC recently reported violence interrupters have a quantifiable impact. Hey Jackass fails to support their conclusions.
How long until one of these well intention-ed good people gets stabbed by one of the crazed mentally ill people riding public transportation these days? I wish the volunteers the best of luck and safety. This is not the responsibility of Chicago’s citizens. It is the number one responsibility of city government. The security people should be well trained, well armed city employees empowered to do whatever is necessary to stop the violence on public transportation.