-- 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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The state intends to fill up the prisons with FOID card owners who fail to register the 17 or 30 round clip that came with their legally owned gun.
Do you really believe they are emptying the jails and prisons for equity? Do you believe the SAFE-T Act exists to reduce incarceration? LOL
They’ve emptied the jails to make room for you, deplorable. They want to put YOU in jail.
In all probability the ISP and everyone up to and including the governor know 1) the federal courts will eventually strike this law down and 2) virtually no one is going to comply with it in any event. They are just going through the motions with this “emergency rule” until it happens.