-- 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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Hell, it’s only $15,000,000. Fifteen Million Dollars. Gosh…anything else we can do for you Jackass? If this moron would be the AG of Illinois and quit wasting our money on law suits against the federal government that the majority of Illinois residents do not support, he’d have plenty of money. Who decides whether this jackass gets more? The tax payer or the graft machine in Springfield? Nevermind…I know the tax payer will never have a say.
As the crowned heads of medieval Europe found out with the Templar Knights, Sir Kwame’s forays from coast to coast come at a steep price.
He wants more money because of the number of lawsuits he is filing against the Trump administration. If he loses these lawsuits, as he probably will, how does IL recoup the money he spent?
It’s the unconstitutional laws as well, most if not all the firearm cases will eventually be lost when they hit the supreme court. SCOTUS ruled you can’t ban commonly owned firearms, there are MILLIONS in Illinois alone, with only few fools registering them, Illinois will lose.