-- Connecting the dots between our economy, government and business --
The suspects in the case weren’t identified until roughly four or five years later via an ATF tip on a gun running case, but by then the statute of limitations had run out. "It really angered me because, at that time in Illinois, you could write a bad check, a single bad check for forgery, and we could chase you for 30 years. But attempted murder of a police officer, they couldn't," former Riverside police chief Tom Weitzel said. He teamed up with Republican state Sen. Judy Baar Topinka, who successfully amended the law so that there was no statute of limitations for the shooting of an officer in the line of duty.
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