State of Affairs with Bill Bratton Part Two

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.6 • 1.8K Ratings

🗓️ 22 November 2020

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

2020 has been a wacky year, especially when it comes to civil unrest. So we're veering off course a little bit this weekend and chatting with Bill Bratton, one of the most respected and trusted experts on risk and security issues. During a 46-year career in law enforcement, he instituted progressive change while leading six police departments, including seven years as Chief of the Los Angeles Police Department and two terms as the Commissioner of the NYPD. As the Executive Chairman of Risk Advisory at Teneo, a management consulting firm, Commissioner Bratton advises clients on risk identification, prevention, and response. Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	Welcome to the Jill on Money Podcast. It is Sunday, November 22nd. And today we are
0:10.6	airing the second part of our interview with William J. Bratton, a law enforcement
0:17.5	expert.
0:18.5	Yeah, he ran the big police forces in New York and LA and Boston.
0:23.8	Yesterday we talked a little bit about,
0:25.8	kind of the state of policing.
0:28.1	Today, we're focusing on how the financial fallout from COVID-19 could really impact so many of the police forces
0:39.4	around the United States.
0:41.8	And you know, I think that this is really important because this often happens
0:45.9	where we're talking about you know stimulus is a good is a bad well stimulus might save a
0:52.1	cop's job or a firefighter's job or a firefighter's job or a teacher's job.
0:56.0	This is what's so important.
0:58.0	So here is the rest of our interview with Bill Bratton.
1:02.0	The financial fallout for all of these states and cities is dramatic and if we don't get money
1:11.2	into the state coffers, then many of these municipalities will be under pressure.
1:17.1	So I'm wondering if you think about a massive budget cut coming for many of these cities unless there is more stimulus from the government.
1:27.1	What is it that you would do if you were stuck in that position of managing amid budget cuts at this critical time.
1:34.4	Well, I've had that experience in Boston in 1980.
1:38.3	I was the superintendent and chief,
1:39.8	the number two position in that department.
1:42.0	We went through a tax initiated crises where the
1:48.4	city budget was reduced by 25% because of a cap on real estate tax. And we had to lay off 25% of the Boston Police
	...

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