-- 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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“PARENTAL NOTICE OF ABORTION ACT OF 1995″
This law protects children from sex traffickers. The law exists to protect minor children from their traffickers.
Of course, Democrats want to remove this one remaining protection for children.
Because Democrats hate children and the unborn.
They know repeal is highly controversial, so expect the bill to be rammed through on a party line vote in the middle of the night on the last day of the veto session.