-- 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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1. Darrius Wilson apparently shoots at a car after its driver honked at him. 2. Illinois State Police locate his car and video of him getting into it eight minutes before the shooting. 3. Police arrest Wilson, who has four gun-related convictions, and he refuses to answer questions. 4. Wilson is released. 5. FBI locates Wilson in FL. 6. Cook County flies Wilson to Chicago. 7. Judge David Kelly refuses to detain Wilson, or put him on electronic monitoring. Judge Kelly releases him with orders to stay home at night. Taxpayers paid big bucks for all this “law enforcement” activity,… Read more »
Can anyone provide any explanation of reasoning as to why this chain of events makes any logical sense? It’s like our world has decided that its a Seinfeld episode – George does the opposite…
This is unbelievable. FBI finds and arrests him, we extradite the loser and one of Judge Tim’s geniuses releases the guy. Thanks for bringing him back to terrorize Illinois!