-- 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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Bring back the three strikes law. Lock them up for 10 to 20 and maybe they get the message if not another 20. No more tolerance for these little Capones
Hillary’s super-predators have come to fruition. How long before Chicago produces another Girl X? With a perp with a rap sheet a mile long…
How’s that legislation coming where we hold these little turds parents accountable?!