-- 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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You must ask yourself the very hard question What would you do in that circumstance. Yes the women had mental issues, should have been in hospital. You are the patrolman she has a pot of boiling water in her hand. Do you let her throw it at you, or protect yourself? I agree you don’t have to shot to kill but You have only a split second before she lets it fly at your face. This is not murder in the first degree. How about the same pressure with the punks who are apprehended for shooting and killing people on… Read more »
Shall not be Infringed. Criminals do not follow the law.