-- 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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Prepare to protect yourself, your family, your neighborhood! Another thing, don’t ask me for a hand out or sympathy. We have been down that path and this ending tells all.
CWB Chicago will have a field day, keeping track of crimes committed by criminals who could have been kept in jail, but were let out instead, thanks to the Democrat purge law.
They hate you. Believe it.
Move out of Illinois.
Or suffer the consequences.
I firmly believe it is Constitutional. I also believe it is very bad policy and will lead to more crime and more injustice to victims of crime. Just because something is Constitutional does not mean it makes for good common sense. An honest evaluation of this measure needs to be conducted at the end of the yar and then subsequently each year. I doubt if an ‘honest’ evaluation will ever occur.
Violation of the right to a speedy trial is the main problem, where both the victim and the accused are denied adequate due process under the Constitution.
Progressive leftist judges redefined ‘amount’ of ‘sufficient sureties’ to mean something other than money.
Just like leftist judges found that slaves were property and slaveholders had property rights, and found ‘abortion’ buried somewhere in the ‘right to privacy’ which again is nowhere in the constitution.
The Kankakee judge said they could solve this glaring issue with a constitutional amendment. But the left knows this is wildly unpopular and would never pass. So they accomplish judicially what they could never accomplish at the ballot box.
This is par for the course for leftist judges.