-- 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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Just one more dagger in the heart of Illinois. Fewer hunters from out of state, less tourist money and fees from hunters
Illinois democrats just made a bunch of lawful hunters felons with their BS anti gun legislation. Making felons out of innocent gun owners. They just can’t wait to brag about how many guns were seized, how many were arrested and tout how safe the streets of Chicago are now, wait a minute……