-- 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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Dems only support criminals and illegals
By all means, let repeat felons know when to expect to be hauled in. Perhaps an engraved RSVP is in order as well. Many felons that “ miss “ their court dates are already considered in compliance when they are sent a postcard reminding them that they “ missed “ their last court date. IL can’t stop licking criminals backsides enough.