Wirepoints’ Mark Glennon guest on AM560 with Chris Krok discussing CTU lawsuit agains Illinois Policy and more
August 19, 2026
7 Comments
Summary and audio linked here.
-- Connecting the dots between our economy, government and business --
Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Illinois paid the price for embracing Fauci’s “science.” Here’s the retrospective.
According to Angelo Codevilla, while self-identified democrats say the democrat party reflects their values, most self-identified republicans (and independents) say the republican party DOES NOT. The republicans in IL are just Democrat-Lite, so the author’s claim that the pension clause was “bipartisan” is far less meaningful than meets the eye. The orgy of love for bonds can’t last forever. The moment bonds enter a bear market, the rush for the exits should rapidly turn into a stampede and the result will be BONDFIRE. Since money is debt, monetary wealth is nothing but IOU’s. There exist perhaps a quadrillion dollars of… Read more »
When IL defaults on the promises of future cash flows (pensions) to retirees, that is synonymous with defaulting on debt.
Bet me that when that occurs (and it will), defaulting on debt will be a national pastime.