-- 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 Illinois Supreme Court has a policy against enforcing the constitutional requirement.’ Reading the ruling in the link by the IL Supremes is at best tortured, making numerous circular arguments. No wonder Pritzker spent $M’s to effectively buy IL supreme court seats – it’s a legal clown show.
Ahhh, the old bait and switch . Unfortunately it is standard practice for Illinois lawmakers these days.
Present a bill with one aim and at the last minute gut it and put in some garbage language to further some issue that no one other than our corrupt politicians wants. It is what Illinois politicians do best!
Let’s have a special day for everyone ever wronged in America since 1619, replete with a paid holiday, no school, banks closed, etc. The Marxists love any excuse to foment racial discord and gain a paid day off in the process.
The point is that Emmett was a fourteen year old boy who was murdered by men who were never prosecuted for what they did. He deserves to be honored. It has nothing to do with Marxists or days off. He never got to grow up. We owe this to him!!!
We need laws that if an amendment is not related to the Orville, it can’t be tacked on. To many good bills fail by lawmakers retro sneak things in.