-- Connecting the dots between our economy, government and business --
All was quiet Monday and no arrests had been made, however, police clashed with demonstrators on Friday. According to the Champaign County State's Attorney two men who were not university students were arrested and charged with mob action.
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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If these kids spent as much time on school work as they do on this garbage we would have a buch of genius kids on our hands!!!!!!!!!