-- 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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HEYJACKASS.COM for the real violence numbers, trust nothing else
She probably had to fight down her seething rage at being asked a question. I can only hope the reporter was large, loud and White. Lori is standing there like Cotton Hill waving her derringer!
She’s truly delusional:
“On Monday, Mayor Lightfoot – who promised to reduce Chicago’s bloody street violence – said this month has been less violent than last year in June.
“We are seeing a downward trajectory, where other cities are continuing to see a climb,” Lightfoot said.
2021 is so far Chicago’s deadliest year in more than a decade…”
The only stats to trust regarding the violence numbers is at HEYJACKASS.COM. 2021 is on track to be the deadliest year since 2012. Lightfoot it so out of touch, no make that she is just a liar, that nothing she says can be trusted.