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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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Fact: Pritzker and Illinois Democrats are Tyrants. Jefferson said: “And what country can preserve it’s liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance? Let them take arms. The remedy is to set them right as to facts, pardon and pacify them. What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It is it’s natural manure.”
Crooked corrupt IL Democrat sewer rats are trying to shred the state constitution and rig the courts
American Jurisprudence § 937 – Due Process as federal or state question Even though state law plays a role in determining the existence of property or liberty interests which are protected by the Due Process Clause, whether a property interest is protected for purposes of substantive due process is a question that is not answered by reference to state law, and the ultimate question of the degree of due process protection to be afforded under the Due Process Clause remains a federal one, for the Due Process Clause does not require a state to implement its own law correctly nor… Read more »