-- 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 dead officer, Herman Stallworth, isn’t going to be released from his grave. In addition to the officer that was killed, his partner was shot in the face and permanently disabled unable to speak for about 3 decades before dying. The pain inflicted on two families because of the crime committed should have never been forgiven. This monster deserved to die in a cage like the feral animal he is.
Remember, she said the crime bill is only a start to radically transform Illinois’s criminal justice system.
3,000 years of criminal justice systems, thrown out the window, for ‘equity’!
She reveals herself for what she is every time she opens her mouth. She is unfit to hold office. Between her and JB they virtually guarantee that Illinois will see increasing number of people leaving the state. They know it and don’t care. Disgusting.