-- 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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Take a look at license plates from Texas or Indiana. They are made from a durable plastic(?) or a composite material that doesnt rust, fade, peel or fall apart. Illinois, metal rust bucket plates made by some politicians relative.
Plus it will be easier on the carjackers and car thieves to only remove the one plate after taking your sweet ride to the chop shop.
Yeah, that’s a real reason to require a front plate. If you are truly an ex Illini, the school has obviously lowered its admission requirements.