-- 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
Isn’t it illegal to change your name for the purpose of evading law enforcement? Or is the state of Illinois removing those barriers too in order to assist those who have committed crimes?
When you change your name it has to be reported to the government. You need your birth certificate and DL or ID. Which means you have to be a legal resident.
Illegals in Illinois can get a drivers license. From my understanding changing one’s legal name happens at the state level and they don’t automatically update the federal government. If you want the federal government to know of the update the individual would need to make that happen. Think updating for social security. This seems like a way for the state to “launder” illegal immigrants with the express intent to evade enforcement. The real question is how does passing this law not constitute harboring or obstruction? Wouldn’t the GA notes from bill passage effectively outline the intent to harbor? How great… Read more »
Need anymore evidence that the bloated blowhard in Springrad hates you?
Mark and Ted,
How is this legal? Illinois truly is the worst state in the nation.
Very on brand for a party that has seen various candidates change their names for ballot appeal, knowing most voters don’t know much about candidates. If this passes will we see many illegal immigrants named Sean Murphy and Siobhan O’Leary?