-- 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 no cash bail part of the purge law is clearly and obviously, even to a really stupid person, blatantly unconstitutional. It’s there, in the constitution, the courts have the right to set bail for all Defendants. End of story. But progressives don’t respect the constitution. They see the constitution as a piece of paper that stands in their way of achieving their revolutionary goals, even though, the constitution exists to protect citizens from authoritarians like them. It’s really disturbing to hear these politicians and activists act like the constitution doesn’t exist, because really, that’s the only piece of paper… Read more »
COLUMN: Pritzker Will Try To Ignore Illinois Supreme Court If It Strikes Down Democrat Ban On Cash Bail – Chicago Tribune
I cannot take another term under that egotistical tyrant.
Unless you’ve planning your move, you’re stuck with JB until he either is elected president in 2024 (heaven forbid!), or the 2026 election. And you never know, the stupid chickens may just elect him for another term in 2026.