-- 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
Transfer any controversial law passed by the democrats to the hell hole of a court system, Cook County. Almost every judge is beholding to their democrat masters and a ruling against them would spell the end of a judges career. Manipulation of the legal system, corruption, nepotism and gross bias are the rule of the day in Crook County.
There was surprisingly little outcry when the move to concentrate all the judicial powers of IL into two blue counties was made.
There was some outcry but the problem is that the communists in Springfield are relentless, and their non-stop constant action keeps conservatives always on their back feet. Just as normies try to fight back against one crazy law, another law is proposed and passes under one-party authoritarian circumstances. We’re unfortunately always on the defense and we can’t fight everything at once. It’s a tactic that communists use to bring about revolution by changing everything about the existing order all at once.
This will be swiftly overturned by an Appellate Court and transferred to Sangamon County, just as every other unfavorable ruling for the government has been overruled swiftly and harshly when lower court judges reject the Democrat Party’s sole authority to control the every day lives of citizens in the state.