-- 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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And then there is the problem of trying to dispute a parking ticket issued wrongly. There are so many hoops to jump thru it’s almost impossible. An acquaintance of mine lives in Pecotonica, Illinois, west of Rockford. His daughter had to take her nurses licensing exam in Freeport, Il about one hour further west and about 3 hrs from Chicago. He just received a violation notice for an unpaid citation issued on the daughter’s car on the day she was in Freeport. He called and was treated rudely and told to present evidence of his claims with photos(?) of the… Read more »
Just don’t pay it. They’re just as unlikely to come to Pecotonia to collect $75.00
They go to Springfield and take the money from your tax refund instead.
Unpaid parking tickets can lead to your drivers license being suspended as well as the money taken from any state tax returns due.