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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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Curious. Illinois has a 2 party consent law. Both parties must give consent to record conversations. How will this factor in all those who had wires on? Will this be inadmissible evidence or does Federal law override state law?
The consent law doesn’t apply to eavesdropping pursuant to warrants. And my understanding is the feds are very careful to keep those current — many require weekly renewals.
Unless one lives under a rock, it’s an open secret that the NSA records every phone call, every email, every text, every website you visit…every single electronic communication (and postal letters are all photographed and saved) in the USA (and most of the world.) Your cell phone’s whereabouts are also captured and stored, in perpetuity. Those who have the keys to this data are privy to essentially every criminal conspiracy in the nation. Of course, this is not to be publicly admitted, and cannot be used as evidence in a courtroom. But if you know what crimes were committed, focusing… Read more »
Even if you pay cash for a burner, the SN of the phone is recorded when it’s rung at the register so it’s easy for the spooks to get the video showing your face buying it. They probably have a real time video feed anyway.
Don’t forget, Cullerton is the godfather to Madigan’s only son. How’s that for Illinois politics. The leader of one branch of the legislature is tied by family and religious bonds to the leader of the other branch. Sort of like crime families intermarrying back in the old country.
Every email except Hillary’s for some odd reason.
Because those emails are in Ukraine!
Madigan’s granddaughter at family get together: “Mommy, what’s that I hear at the door? Is that Santa Claus?” “No honey, it’s the FBI.”
“A Friend of ours”: code from one made guy to another that the friend was also a made guy and is thus privy to business discussions. The house of cards is starting to collapse.
Somebody flipped…