-- 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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Crazy
We had to wear masks and remote learn lest we risk the life of one student or teacher. Now we’re passing soft on crime laws that will risk the lives of many students and teachers. Can’t have it both ways.
As I’ve cited here before, the stated purpose of the bill is equity. The ‘E’ in SAFE-T is Equity. The Black Caucus defines equity as “incarcerating fewer Black and Brown people”. This law is entirely about race. It’s a racial law designed to release accused criminals and convicted back into the community. The law itself applies equally to all races but in reality blacks and browns combined are about 2/3rds of the state jail and prison populations (approximately). I’m not making this up, it is the stated purpose of the law. It has all kinds of provisions that few are… Read more »
Pritzker, and all progressive liberal dems, use the false narrative of extremes whenever they justify one of their short sighted and dangerous agenda policies. They speak of the single mom stealing diapers to promote no bail, or the incest rape victim to promote abortions, but those examples are the extreme minority. The media is complicit. It’s all a charade. Keep eating those doughnuts big boy. It’s the one thing that can save us.
They must lie, because like most communist policies, the policies are very unpopular, so they lie, and often use force, to impose their will on an unwilling populace. Trust me, it’s not long before the state of IL starts using force on its internal enemies. My guess is that if Devore wins and starts rooting out the communists, Devore is going to have a target on his back and they’ll try to throw him in prison for the rest of his life