-- 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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Very rude of Durbin to have the Postal Police go after his Democrat voters.
“Dick” and his followers are responsible for this issue in the first place, now to be all about safety…needing more police…what a jackass. I wonder if he will allow the criminals who would rob the postal worker to be chased by the Police or physically arrest them or even detain them for a moment. I am sure the rules he will put in place will require the Police to do nothing…then they can be blamed for any injury or rise in postal crime. What a schmuck.
I don’t disagree that Postal worker safety is an issue, but Dick Durbin’s fixation on it is weird. His progressive liberal party is responsible for this problem. Soft on crime and wide open borders Dick! All legal, law abiding citizens deserve to be safe, but Dick focuses on letter carriers. What happened Dick, did someone steal your letter to Santa again?
These clowns are the ones that have created the problem!!!! Everyone knows they purposely changed the rules at the DMV to accelerate the chaos. Mailing IDs makes identity theft much easier for criminals. They could easily correct this. It’s an invitation for fraud.