-- 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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Gun owners are the new Palestinians. We do not exist and have a separate set of laws!
Eventually law abiding gun owners will move out of Illinois, but it won’t do a damn thing to reduce gun violence. Just another disenfranchised group being pushed out so Pritzker’s vision can be realized.
I have noticed a couple of my neighbors doing some twilight gardening. The funny thing is I don’t see any new plants or bushes the next day., just a covered up hole. They must be planting something for the future when the Dems start Holocaust 2 or Civil War 2. Until then, I will be like Sgt Scholz of Hogans Heroes, “I see nothing.”
And another sweeping bill will be overturned…
SCOTUS might quash it, but XLLL and Kwame will ignore that and do as they please.