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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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The Tribune is misleading the public by stating the person can be held if they represent a public safety risk or risk to the community…the law says it must show a risk to a specific person. I guess if the other person is dead there’s no longer a threat.
Of course, I don’t read Trib articles. Under any circumstance. But Crap Fax summarized it. The crap fax and commenters whine and complain that ‘memeing’ of this law – as the Purge Law – is too difficult to refute because combating ‘misinformation’ requires lots of words and nuance. I’m not making this up! The memes contain simple facts – kidnappers will be released without bail – and the Tribune complains ACKSHULLY…. Of course, all of the media are liars. Flat out liars. When this law passed, ALL of Democrat media praised how great it was and how it would be… Read more »