-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
February 25, 2020 letter from Republican State House and Senate members Chapin Rose, Jason Barickman, Avery Bourne, and Terri Bryant to Democrat State House and Senate members Don Harmon, Elgie Sims, Michael Madigan, and Justin Slaughter: It has been brought to our attention that the Illinois Department of Corrections is not informing ICE, until after the fact, that non-citizen felons are being released into their communities after serving their sentence. Previous policy required DOC to coordinate with ICE on transferring felons with this designation to Pontiac where they would begin the deportation process. As elected officials, the safety of our… Read more »
They’d have better luck going on Fox News describing what just happened. Writing letters to Madigan is pointless.
Court rules Trump can withhold funds from ‘sanctuary’ jurisdictions,
Reuters 2/26/2020
A VICTORY FOR ALL AMERICANS
Awesome! This is exactly what we need. These undocumented former correctional institution residents did their time, served their sentences and should be released into the communities, where they belong. They are just as much Americans as the rest of us. They are entitled to social security, medicare for all and other welfare benefits, because now it will be difficult for them to find jobs. Thank goodness Illinois banned that question “have you been convicted of a felony” the “ban the box” as its called. No one will ever need to know that they are undocumented felons convicted of heinous crimes.… Read more »
Sounds like they have the all qualifications to become politicians.