-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Remember that democrats love violent criminals. Remember that democrats could care less about law abiding citizens. Remember that democrats hate you unless you adore at the altar of their convoluted ideology. Remember that is you live in a rural county outside of the Chicago metro area you are nothing but a rube and a hayseed.
Because they shouldn’t be released early during their umpteenth go round behind bars and nothing ever happens to those sneaking in contraband, that’s why. Caught in possession of something illegal behind bars? Going to add half your sentence back on to be served in full. Caught carrying something in? Half your pals sentence to be served in the same cell with him. Let’s try that.
Democrats only protect criminals, as usual. Inmates are allowed to attack prison guards, and to much money to be made by smuggling in weapons into jails. They need to follow the money.