-- 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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In a surprising turn, the facts are moving! It wasn’t his gun, it belonged to a friend and had been malfunctioning. He’s trying to dismantle a hot gun! He racks the slide and Boom! He’s thankful he didn’t need to look down the barrel I doubt his side job is a gun smith! It was a Taurus.
Said his wife.
Hmm, why would a government official need a gun?
Darwin Award! Cleaning a loaded gun? Maybe wiping his prints from a loaded gun!
Will he retain the same lawyer as Alec Baldwin…?
Sue the gun manufacturer as the *gun* is obviously defective…