-- 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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With Illinois complete gerrymandered into a single party oligarchy, there is nothing to slow, much less stop the trial lawyers from gerrymandering the courts.
Illinois is lost.
Funny how JB and his pet Kwame are big fish in IL and get away with unconstitutional stunts like the FOID card and giving you only two Dem friendly venues to sue the state, but when out of this cesspool, regularly get their collective hat handed to them by real lawyers.
Absolutely correct! Funny how the secretary of state’s office doesn’t recognize the FOID card that is issued by the Illinois State Police
Can’t wait for the so called assault weapons hearing later this month by a downstate judge who already ruled it unconstitutional once and jbs bought and paid for judges overturned it instantly, while we have to wait months for a ruling