-- 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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This is what I read the other day. Trump will be forced out of office along with Pence. Then next in line is Pelosi who will be president and selects Hillary as VP then Pelosi steps down for some “health” reason and Hillary is Prez. Sounds farfetched but not impossible in today’s world. The left is capable of almost anything nowadays.
No way Pelosi will step down. She’ll sit in the chair in the oval office for .05 seconds and decide that’s she’s never giving up power again. Trump isn’t going anywhere either. He will be reelected easily. Blue states will be even more blue, and same with red states; the swing states will be mostly red too. Democrats only win if there is record turnout. And they will be so demoralized after the failed impeachment that they’ll fail to show up to support Biden who will stumble all the way to the end.
Agree. She’s too power hungry but Hillary has way too much power. Just a possible scenario I read. What are your thoughts on Bloomberg? He worth about $53B so fund raising for him is not a problem. Under his term the murder rate is approx 1/3rd of Chicago with 3X’s the population.
Yes it did, but only because of stop and frisk, which Bloomberg will be called a racist for and has no chance at getting a Democrat nomination.
He won’t even move the needle. Is anyone really excited about him? The socialists are driving the base right now and with California driving Super Tuesday on March 3 (they purposely moved their primary up significantly this year to become more relevant in the D primaries in 2020) expect the most whackjob progressive candidate to win. ie warren. Biden may start strong – heck, Pat Buchanan and Ted Cruz won some primaries early on too. But for the long haul, Liz is going to win California handily.
This is the Democrats dream. They want to be able to imprison anyone based on anonymous hearsay “evidence” delivered without cross examination.
Frightening, which party truly is full of fascists communists thugs supporting violence towards their political enemies. Simply label your political enemies Nazis and justify violence towards them.
“Today, the Republican majority is not judging the president with fairness, but impeaching him with a vengeance. In the investigation of the president, fundamental principles which Americans hold dear — privacy, fairness, checks and balances — have been seriously violated. And why Because we are here today because the Republicans in the House are paralyzed with hatred of President Clinton. And until the Republicans free themselves of this hatred, our country will suffer.”
Nancy Pelosi, December, 1998
This is hysterically funny because he is SOOO wrong.
Hearsay is almost 100% tossed out of the court – unless its direct witness taped from a dying or dead person or cooberating a direct witness.
What Mike was trying to say (as the idiot he is) is CIRCUMSTANTIAL evidence – not hearsay.
Federal indictments, CTU strike, pension nightmare, a governor who removes toilets to reduce his tax bill, the Northwestern flap the other day, and now this. Illinois just can’t help but make the news for all the wrong reasons.
That’s off the wall, even for Lil Peanuthead.
When I was in AIT for the Army out at Ft Huachuca, AZ, there was a private in my platoon named Atkins. The kid just wasn’t wired right, if you catch my drift. No matter what, he always got himself into trouble. First weekend there, he was caught buying black and milds from the commissary. Most of the way through the cycle, we got our rooms tossed because a govt laptop went missing. Atkins again. Our final weekend, he got arrested for hitting a drill sergeant. Like I said, kid just couldn’t seem to help himself. Illinois is the Private… Read more »