-- 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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Everybody should know or realize that the Pritzker group is making millions off are lockdown. They own several companies that are profiting off this pandemic, he needs to be exposed, why do you think this fat pig slob is doing what he is doing. Everyday that he smiles so nicely at his daily press conferences I would Love to back hand him right in the face. I now call him chuckles the clown.
My thoughts are that Madigan looks at this as an experiment as to how far the public can be pushed before they wake up and the stuff hits the fan.
In Illinois it is what Madigan dictates and Pritzkler who was raised as a little spoiled overfed fat kid gets to play their little board type games upon the public.
State union people and the free stuff army are all on board
Two observations. First, the Governor will seek to use the upcoming legislative session to give him new punitive powers, likely outside tradition law enforcement domain. He’s not interested in operating under existing law. Second, I believe the Governor is deeply afraid. And he likely moves in a very tightly protected circle that only exacerbates this fear. Fear is a mind killer and our Governor is not the only individual taking counsel of his fears.
Failed leadership in a time of crisis like Neville Chamberlain
Open up
Because Pritzker will claim that he isn’t relying on 20 ILCS 2305/2(b-c) that requires a court order. Instead, he’ll claim he’s relying on 20 ILCS 2305/2(a), which gives broad authority to make rules, but only with respect to VERY specific sanitation issues. However, in order to get what he wants, our good ol’ Jabba “l’état, c’est moi” Pritzker will do as he has done before and just pretend those limitations don’t exist:
http://www.ilga.gov/legislation/ilcs/ilcs3.asp?ActID=330&ChapterID=5
Ha! At the end of the day, Gov. JB Herbert Hoover is only concerned about his own health. He’s shutting down the entire state just to make it safe for him.