-- 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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Illinois Supreme Court – bought and paid for by JB, he tells them exactly how to rule.
Once again don’t like a ruling , move to a favorable venue, US Supreme Court here it comes. Good chance the ruling down state will overturn jbs weapons and magazine ban in October! Then the tyrant will expedite a hearing to overturn that ruling, in the meantime buy what you can if there’s a TRO cause it’s only gonna take a week or so for the state to get a favorable ruling. Amazing how that works we have to wait months for a trial date the state gets it in days