-- Connecting the dots between our economy, government and business --
When Illinois made recreational cannabis use legal as of January 2020, it immediately granted licenses to existing medical marijuana sellers, including large, publicly traded operators. Smaller, minority-owned businesses were due to get licenses in May of 2020, but the process was frozen by a state judge after some business owners sued over what they called an unfair application process. The stay was lifted in June, allowing companies such as Mr. Jackson’s to start work on their locations. By then, a head start for the large companies that was supposed to last a few months had stretched out to two years.
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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Biff, my friend who I have known for years, has better quality at a cheaper price! Thanks Biff!
Gee really! Joined a rigged game don’t cry.
This should not come as a surprise. EVERYTHING government touches turns to Chit.
More proof that racism and white supremacy are deeply rooted in the Governor’s Mansion