-- 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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The thieves circle the wagons again. And there are no greater thieves than lawyers.
Look for this judicial activism to be overturned.
Although checks and balances are a good thing to circumvent absolute power by any one person, a quick look on You Tube of judges getting roasted for their activism by the likes of Hawley, Cruz and Kennedy shows us that many of them feel they are above the law and follow their SJW agendas at harm to the rest of us.