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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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Why bother arresting anyone. States Attorney in Cook County will drop or reduce charges. CPD administration will look at every possible way to discipline or fire officers for any reason, right or wrong even on complaints that were investigated and settled years before. Clout, political patronage, nepotism is rampant resulting in a CPD command staff that is mostly incompetent.
“Arrests are down” because many folks aren’t reporting crimes committed, because they know it’s futile. When someone actually reports a crime, it’s unlikely an investigation will ensue and a perpetrator will be arrested. If misdemeanor criminal is ever actually arrested, there’s a high probability DA Fox won’t allow the charge. And if arrested misdemeanor criminal is ever brought to court, judge will be compelled to simply release offender, to vanish into Illinois’ new world of “no cash bail”.
This is very important information. It tells you where you shouldn’t move to when considering relocating.