-- Connecting the dots between our economy, government and business --
"Today, progressives are undermining the institutions our forefathers created. Following the lead of California and New York, Illinois is undermining the criminal justice system by eliminating cash bail for most crimes, including second degree murder, kidnapping, and robbery. Green Parties in Germany and Belgium are moving forward with plans to shut down nuclear power plants, despite electricity shortages. "
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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They think in their sick twisted minds that tearing down our institutions is “progress”.