Wirepoints’ Mark Glennon guest on AM560 with Chris Krok discussing CTU lawsuit agains Illinois Policy and more
August 19, 2026
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Summary and audio linked here.
-- Connecting the dots between our economy, government and business --
Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Illinois paid the price for embracing Fauci’s “science.” Here’s the retrospective.
Unsustainable.
A problem that was predicted as likely from the moment Tier 2 was proposed.
The solution to which – no matter what it might be – of course being guaranteed to be protected from any future impairment or reduction.
Even if the ‘solution’ also turns out to be a mistake full of unhappy consequences.
When Social Security goes into the tank and reduces benefits, will the “equalization” go away? Perhaps that is the reason for the rush — peg Tier 2 to a current Social Security beneit. Fire fighters have a much greater claim to “hero” status than grocery clerks, of course, but it’s foreseeaable that there will be federal bailouts for all down the line. So much voter self-interest is on the line that every election year will be a Jubilee year and the debt ceiling will be eliminated. High incomes and wealth will be taxed to the max. Importance of public safety… Read more »
And the City still lists a defined benefit pension as one of the benefits for all new hire Firemen and Police.
What is one of the first rules to get out of debt? Stop digging!
The teachers are next.
So much for lowering pension liabilities with the Tier2 pensions.