Wednesday, October 21, 2015

Illinois can’t pay on pensions but they found money to do gun buybacks

Yesterday, the Fitch rating agency downgraded Illinois credit to just above junk status by lowering their rating to BBB+ in light of their budget issues which are making the Mid-Western state unable to pay on pension and lottery obligations.  But despite the legislatures inability to pass an appropriations bill leading into 2016, on Oct. 19 Mayor Rahm Emmanuel was somehow able to find $250,000 for a new gun buyback programs to appease Obama’s call for new gun control mechanisms.
The city of Chicago, along with much of the state of Illinois, is one of the worst places for gun violence despite some of the toughest gun control laws in the country.  But like most liberal policies, results and data are meaningless as long as the ideologies of demagogues are able to be imposed on the people.


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