-- 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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This is why Democrats are a cult.
Since Kirkland is obviously such a kind, loving, and caring firm, and obviously nobody needs a gun, they should eliminate all security measures at their offices, and forbid any employees from calling 911 for police assistance. These legal geniuses, who now only recognize the parts of the Constitution they like, need to start to walk the walk to match their woke talk. In general, all SJWs need to own and live their personal positions. Don’t like fossil fuels or internal combustion vehicles? Immediately stop using all things produced, manufactured, or transported with them, and don’t own an ICE vehicle. Or… Read more »
K&E is mostly comprised of slimy sharks specializing in fleecing financially stressed companies. They specialize in charging millions for making copies.
The corporate world’s law firms are required to be SJW just like them.
Law firms (and other professional firms) have become guardians of their profits. This is one egregious example. Hopefully the bar associations and courts will find a way to step in and remind them of the duties imposed by principles of law and ethics to serve the public interest. Lawyers profit by saying “yes” to clients and protecting themselves through non-public “engagement letters” that say the lawyer is not responsible when something that could go wrong does in fact go wrong. Same with accountants and actuaries. While supposedly giving opinions that protect investors and taxpayers, the clients who pay the lawyers… Read more »
And by the way: Ernst & Young Fined $100 Million in Ethics Exam-Cheating Probe – WSJ