-- 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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Another example of Liberal Opposite World.
Insanity. How would a case hold up in court IF the ‘cop’ is themselves breaking many laws? With teh safe-t act which a cop can get a 25k fine by the AG, lack of support … why would anyone be a cop?
Hmm, illegal alien law breakers enforcing laws on US citizens. What could go wrong?
Illinois democrats want to erase the concept of citizenship — and harvest votes from illegals