-- 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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People already go thru 2 background checks in Illinois when getting a FOID card, which hopefully soon is stricken down, one federal and then via state police. How many of the dozens shot, wounded and killed in Chicago every weekend had a FOID card, and a legally owned firearm? Violations of the FOID act are routinely dismissed. Gun charges against convicted felons, persons on probation and parole are dropped everyday by the joke of a states attorney Cabrini Kim Foxx. The courts release repeat offenders daily on low or no bail for gun crimes. These idiots like Pigster dont have… Read more »