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.
It has surprised me how fast the domino’s are falling in Illinois. Madigan IS going to jail. Will Madigan lose his pension after conviction?
Link was a major factor in turning Lake County from solid Repub to overwhelmingly Dem now. He was the most effective counter to the Lake County Federation which was the Repub mainstay of the county for decades. The Dems have take over the county board and most of the legislative seats. Let’s see if the Repubs can mount a comeback. Highly doubtful I predict.
Screw link toss his ass in jail just like they would do to you and me if we committed tax fraud
Yes, but Link is bringing Waukegan a casino. Just what Waukegan needs, right? I can’t think of a less desirable location or of a facility designed to visit misery on local citizens, but heck, it is another way to tax citizens