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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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CWB Chicago. #44: Chicago man shot and killed 2 people at a party while on bond for attempted murder, prosecutors say. October 5, 2022 “A Chicago man shot and killed two men during a party last week while on bond for attempted murder and on probation for a felony narcotics case, prosecutors said Wednesday. Absalom Coakley was also allegedly carrying a handgun when police arrested him this week in River North. He is the 44th person accused of killing or shooting — or attempting to kill or shoot — someone in Chicago while awaiting trial for a felony this year.… Read more »
Apparently the police and prosecutors are also too stupid to see the wonderful benefits of the SAFE-T act. Illinois is fortunate to have a governor who is so much smarter than everyone else
JBPutin attended a law school named after his family. And he SIGNED the law with his own pen. That’s his signature on the bill! So OF COURSE he is smarter than every other practitioner in the state.
He and the Democrats are the ones who don’t understand it. Project Much Mr. Pritzker?
Pritzker Says Voters Too Stupid To Understand SAFE-T Act
The fat man is following the New Democrat Party Playbook: lie, lie, lie and get the media to cover for you