-- 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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Does she really have a verifiable address.
She is but one of many. That’s the way the “ holistic “ justice system works in IL. When these people finally run out of luck and on a slab, then it’s time for the crying, moaning about what nice people they were and a lawsuit if the circumstances are right.
“Greetings, from Judge Peter Gonzalez. Dear citizen, it may have slipped your attention that you were due in court. Please try harder. Thank you for your attention to this matter. Further criminal behavior will merit some stern comments from me.”
This is the intended goal of the SAFE-T Act. The point of this all is to eventually force the prosecution to drop the case after the witness/victim declines to remain involved.