-- 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 gun laws work. Keep up the good worthless government.
If Illinois Democrats won’t enforce the gun laws on the books, their latest gun grab is even more of a farce and a joke
Not a farce or a joke but more serious than ever. This guy is one of their people. YOU are not their people. You will be punished to the maximum for your gun crime; but this guy, because he is one of their people, is still subject to the same laws, but charges are not enforced against him. Because they hate you.
If this model citizen was sitting in prison for 30+ years for the serious crimes he committed society would be a better, safer place.