-- 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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No chance of changing now. Students graduating with Zero education. No businesses to work for, Illinois has done its best to discourage new businesses. Crime is the growth industry in the Chitty now and for many years to come. Crime pays in the Chitty.
These polls consistently expose the contradictory and incoherent positions of black and/or progressive voters. They mostly agree that crime is a problem, but at the same time, hate the police, vote for soft on crime prosecutors and refuse to cooperate with law enforcement. They are essentially saying:” “Crime is a problem but I want the police to go easy on my criminal friends and relatives”. And when everyone in the community thinks like this, the entire community delvoves into criminal mayhem. They resolve this conflict by believing in some vague ideological notions of social services and violence prevention. Which have… Read more »