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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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“Several elected Republicans have pushed baseless claims that FBI informants were among those who planned and executed the breach on the Capitol.” The fairly convincing evidence of this are the two dozen or so (IIRC) uncharged co-conspirators mentioned in other charging documents. The FBI is chasing down 80 year old grandmas for misdemeanors but they fail to charge two dozen people that they allege, in their own court filings, organized, facilitated and participated in the Jan 6 revolt? I don’t think the Feds planned it – no one has really alleged that, but their fingerprints are all over the involvement, and… Read more »