-- 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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No cash bail. No bail. Their guilty until proven otherwise. Let them rot in jail. crowd them in jail cells as these criminals deserve to be like sardines in a tin can. If marxist, communist legislators can impose this unjustice upon law abiding people, business owners, let’s take steps to counter this by any legal means.
A cashless bail system is one stupid insane idea. Things just keep getting worse in Illinois.
Good is evil and evil is good in the land of Lincoln.