-- 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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Better get Kwame Chiles on the case. If he’s not too busy riding other AG’s coattails, he’ll surely find the filing egregious , superficial and arbitrary!
There is no interpretation on the word “SHALL” – no maybe, no kind of, no sometimes, no I think, no we should, no we know what’s best.
7th circuit is a democrat playground where the judges get to use their liberal ideology to stomp on the rights of law abiding gun owners. The rights of Illinois firearm owners will taken away as the 7th hasn’t seen a gun restriction law that they haven’t embraced. The USSC has to take this case if the 7th slaps firearm owners in the face and return the rights of firearm owners who haven’t and most likely will never commit a crime with a firearm. Meanwhile the “catch& release” policies of the SAFE T Act continue to release resl criminals back onto… Read more »