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.
“Federal regulatory documents show ComEd paid Jenner & Block nearly $2.4 million in 2019 — more than what the power company had reported paying the law firm in the previous four years combined.” vs. “Law firm Jenner & Block is sued for $3.8 million in unpaid rent, in first big Chicago office space leasing lawsuit of COVID-19 pandemic” https://www.chicagotribune.com/columns/ryan-ori/ct-biz-coronavirus-lawsuit-jenner-and-block-rent-payments-ryan-ori-20200529-7brsyzldfza6vpaovltco65wpa-story.html Makes you wonder a little bit about Jenner’s finances. They’re a multinational law firm, one of the biggest in the world, and they’re on the take from MadiganEd for $2.9 mil for some state politics issues? Really?… Read more »
RINO John Lausch and the rest of the deep state losers will do nothing to stop Madigan. He and the rest of the pro machine us attorney combine scum have let the Democratic machine slide and have not investigated nor prosecuted the Daley’s, Rahm, Madigan, Patricia Van Pelt, the black caucus and others. The indictment of Burke by Lausch was only window dressing to help Lori get elected by taking out Daley, Preckwinkle and Mendoza.