-- 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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Mass media is on board with the SAFE T act. The democrats basically run the media outlets and of course media management follows the orders. More and more opinion pieces are decrying those against SAFE T and of course, injecting the dreaded “racism” commentary.
I’m starting to think that one small county judge will issue a statewide injunction against the law throughout the entire state against the SAFE-T Act. They saw what the judge did in Sangamon County with the mask mandates. They collapsed throughout the state within weeks. My opinion is that the challenges are on good footing. The constitution specifically requires sureties and the SAFE-T Act ignores that requirement. I mean, when has the progressive ever cared about the constitution? The constitution is merely a piece of paper, an impediment to imposing to their goals on everyone else. On the other hand,… Read more »