-- 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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Was he a one-armed bandit?
Oh Willie,Willie, Willie
Lib judges and lawyers love repeat offenders. They keep them employed. Every con sent to prison is one less money stream for all that are employed through the legal system.
Excellent example of the Safe T act.
but the ads show casino patrons smiling and having fun
If you think the problem is because of no cash bail, first figure out the chance he would have had bail set and whether he would have made bail.