-- 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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Thanks To The Democrat Crime Purge Law — That Went Into Effect Yesterday — You Can Assault 4 Cops And You Won’t Go To Jail – CWB Chicago
The first Cook/County/Chicago case to walk out the revolving doors of the criminal courts. A woman was charged with 4 counts of Aggravated Battery, felonies, for pepper spraying 4 Chicago police officers during the Mexican Independence Day riots, um festivities. She was released with no cash bond, no electronic monitoring and a promise to appear at her next court hearing. Viva! Viva! Viva!
At the sound of the siren the Purge will begin, good luck to all citizens.