-- 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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How interesting. The Macon County jail is emptying to make room for you, deplorable, when your progressive neighbor snitches on you for owning a several unregistered 17 round magazines that came in the packing with your glock. These are felonies now, deplorable, and any states attorney who refuses to hold you in pretrial with no bail will be disbarred, fired, and replaced.
Everything went fine until they crossed the Macon County line…..