-- 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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As usual, progressives cling to the fallacy that more regulations will reduce crime, never mind that criminals don’t come by their weapons legally to begin with. Note, I’m also aware that this is all a smokescreen, as they simply don’t want private citizens to own firearms.
It’s more than just stopping private citizens from owning firearms. It’s because Democrat politicians hate you to your very core and they to do everything they can to spite you. They know you love your guns and so they will do everything possible to take them away.
Because they hate you.