-- 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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Sometimes old criminal records can be a warning to others. (I said sometimes and not always.) It says something about a pattern of behavior. I encountered a guy applying for an apartment and he had an old theft conviction. I sensed he was still a dishonest guy. After my encounter with him–a few years down the road– he was convicted of something much worse. I realize somebody convicted of a nonviolent crime when young can definitely reform and turn over a new leaf and sometimes create an amazing life. It is also wise to remember that antisocial personality disorder is… Read more »
What a clown, the unemployment rate in Illinois is not affected by this law. It is because of bad policy and governance. That being said, in typical fashion, democrats are bascially incentivizing crime every chance they get.
Crime has consequences.
Sure they did. This way any lawmaker who gets caught taking a bribe can get his record sealed. Never know how much they got