-- 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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This is what should happen to anyone who voted to end cash bail
SCHADENFREUDE CORNER: Anti-Cop Minnesota Democratic Party Official Left Bloodied In Violent Carjacking — Now Calls For Tougher Crime Laws – New York Post
Downstate St. Clair and Madison Counties are connected to seriously high crime areas in St. Louis Mo by various Interstate Highways. The fun will begin for these two fine Democrat party Counties when the St. Louis criminal element discover that they can commit crimes in Illinois, if caught not be detained by the bail system and simply return safely back to Missouri. You won’t read these things in the media as they are too busy praising Governor Pritzker’s achievement’s for his Presidential run ans to the good people of those two counties congratulations are in order for your support of… Read more »
Anyone who voted to end cash bail deserves to be the first victim of the violent crime wave that policy will unleash on Illinois