-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Cheap talk has been going on for years, and there are more guns on the street than ever before.
Unregistered machine guns are already under illegal under the National Firearms Act of 1934, So why are not the US attorneys not prosecuting the violators? The thugs once convicted must fully
serve the decade long sentences in the Fed’s big house and fined automatically $10K. POC ghetto prey in dog packs and the innocent need standard capacity magazines for self-defense. I know because i survived in wonderful Woodlawn during the 60 and 70’s.
For being members of G-Pac they certainly dont understand the laws… “These enhanced guns are now illegal in Illinois under laws passed over the last three years” They were already illegal, especially when used by those without FOID cards. Facepalm of the highest order right here.