-- 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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Look to Utah Illinois.
All the FOID issue does is cause wait times and grief for honest citizens to own a firearm. Routinely, persons arrested for serious gun crimes in Chicago are charged with not having a FOID. How many are prosecuted? Perhaps 1%. The whole FOID thing is a fraud. Control is the goal of the anti gun democraps who run this state. I have neighbors that own multiple firearms, handguns, shotguns, evil black rifles (AR15 style rifles) and I also own several firearms. Am I afraid of them? No. Are they afraid of me? No. I belong to a rifle club and… Read more »