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.
“Get the City Back on Track”? You got a long, long way to go, Lori. Sorry for this long note, but for any of you who have not been downtown lately, you will be stunned. I havent been there since June 10. Went down this am on a nice 72 degree Sept morning. Dont know whether to be angry or cry. Expected to see a lot of activity downtown especially since it is the start of a holiday week. First warning, a comical electric info sign over the express lanes on the Kennedy Expr saying “Anyone coming into the city… Read more »
Telling the PRESIDENT OF THE UNITED STATES – “F— You” has to be the single most idiotic thing any leader in the country has done. She is not fit to be mayor in any city.