-- Connecting the dots between our economy, government and business --
Business was so busy at his Des Plaines gun store, Eldridge said he had to close shop for a day.
”We were running three-five-times our normal volume, so much so that we ultimately had to close the store on Friday the 20th, just so we could get caught up with paperwork and organizing the pick-up guns when people’s background checks were approved,” he said.
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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