-- Connecting the dots between our economy, government and business --
Katie Abraham and a friend were waiting at a stoplight in January 2025 when police say their car was struck at high speed by a Guatemalan man in the U.S. illegally. Authorities said he was suspected of drunk driving. Katie died at the scene, while her friend later died at a nearby hospital.
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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Deeply sorry Sir. No parent should bury a child.
Katie’s Father was on AM 560 and 890 today my condolences to you and your family sir you are a very strong man to come out and speak as to what has happened.