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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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Since the Illinois Supreme Court is packed with the liberal thinking appointed (elections really dont count) demoncrat judges I’m sure they will overturn this decision with much fanfare. The FOID law is a joke, rarely prosecuted, unless you are a white person and Cook County courts regularly dismiss these charges. Out of the thousands of shootings that have occurred in Chicago over the years how many had FOID cards? How many of those shooters were allowed to possess a firearm under federal law? How many of those who were arrested faced the wrath of the court for not having a… Read more »