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.
“Assurances from Chicago leaders?”
Well, you’re screwed.
Turn Downtown Chicago into Section 8 housing for the poor.
Chicago is a goner, DOA.
No hope for Illinois or Chicago.
All the cops want to do it take their HUGE PENSIONS to Florida and live in a luxury home.
Check it out, you may not be able to find 1 retired cop living in the Shitty Of Chicago.
I attended a zoom neighborhood meeting about crime in the south loop. Over 100 concerned citizens attended. They were not allowed to speak. Questions were asked in advance and any questions critical of looters, tearing down statues, aggression of beggars, and other crime issues were not addressed. Sophia King and her sycophants were allowed to sugar coat the rising crime in the south loop with the commander doing the same. When I wrote an email complaining about the meeting I was given a lecture about first amendment rights of Jamal green who blocked traffic on Roosevelt and Columbus for 6… Read more »
Yep. It’s not just the politicians elected, it’s the people who elect them. Sometimes people just go bad and it’s best not to be around those people.
Sure, just as soon as the Trib comes up with a way to “socially distance” on an elevator. I propose bulldozing all those high-rise covid incubators downtown, along Lake Shore Drive, Marine Dive, Sheridan Rd etc. and then using the rubble to build those islands out in Lake Michigan that old man Daley’s Lakefront Plan called for. I am quite sure that the liberals that populate those pestilential palaces will be more than happy to do their fair share and give them up without asking any recompense in return. Now, I ask you, how much more sustainable can you get… Read more »