-- 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 a passage from Joseph Story’s Commentaries on the Constitution of the United States: With a preliminary Review of the Constitutional History of the Colonies and States Before the Adoption of the Constitution Fifth Edition By Melville M. Bigelow, PH.D. 1891 SS1896 The next amendment is: “A well-regulated militia being necessary to the security of a free state, the right of the people to keep and bear arms shall not be infringed.” SS1897 The importance of this article will scarcely be doubted by any persons, who have duly reflected upon the subject. The militia is the natural defence of… Read more »
“The Court holds that the Illinois Act’s registration requirement is ‘consistent with this Nation’s historical tradition of firearm regulation’ … Pre-colonial evidence suggests that colonies required gun registration in a variety of ways.” This is ridiculous. Evidence? What charter is she talking about???? Digging in to pre-colonial law leads one to Sir William Blackstone and Joseph Story. I’ll post Story in the next entry. Blackstone is indisputably the leading authority on the Laws of England and their adoption in United States constitutional law. Just digging through some of his writings and Commentaries on the Laws of England leads me to… Read more »
How does this Biden affirmative action judge get assigned both the School Transgender case AND the IL Gun Grab case?
It’s really confusing. There are several exceptions to random assignment.
https://www.ilnd.uscourts.gov/ViewRuleDetails.aspx?9dYQttbq37M=