-- 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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The SAFE-T Act, which abolishes cash bail in Illinois, is a woke and stupid law that endangers everyone as it puts dangerous and violent criminals on the streets.
It advocates soft on crime policies under the ridiculous guise of racial equity which is absurd.
I don’t want the legal system in Illinois to pursue the woke notion of racial equity. I want the legal system in Illinois to be fair to law abiding citizens and victims of crime by being tough on crime.
The SAFE-T Act only benefits criminals.
Fun days ahead as we sit back and watch what happens.
Have plenty of popcorn, stay home inside and watch the situation unwind for the liberal voters that elected the leaders…it is a show not to miss
Remember this when the mayhem explodes in 2023:
“Pritzker has frequently stated he believes cash bail must end in favor of a system that prioritizes an accused person’s risk of reoffending or fleeing prosecution, and the SAFE-T act does so.”
Notice that the safety of crime victims is never mentioned, it’s all about coddling criminals.