-- 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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Another photo shoot on a bill never to be enforced
Most people do safely store and keep their firearms. Good luck collecting a fine the next time a kid finds a gun under a mattress or on a nightstand and kills himself or a sibling/ playmate goofing around on the south or west sides where it seems to happen most frequently.
I can see Chicago’s gangbangers and their parents running out, right now, to buy devices to secure their firearms!
Container is their pants for the gangs in Chicago