-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
How about the Illinois Supreme Court? Chief Justice Ann Burke, a known accomplice of Edmund Burke. Where has Ed been and was his corruption trial granted a continuance until 2150?
Shopping for friendly judges! Since they’re all on the government payroll is there any other type of judges? Hmmm….don’t agree you’ll be assigned to Cairo!
Our only hope at this point is Divine Intervention.
What JB wants, JB gets.
Sangamon County? This is called forum shopping. Like the IL Supreme Court was ever going to make some other decision.
I was surprised that it wasn’t St Clair County but it’s no big deal because both places are about the same.
The Illinois Supreme Court – corrupt to its core.
Judges bought & paid for – he who pays the piper (Freddie) plays the tune.
Complete lawlessness in Illinois – this another example.