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.
All of Madigans accounts need to be frozen until it can be determined if the money was ill-gotten. This project is going to be bigger than dismantling a mob family.
Totally agree. This is an organised crime ring. I pray the Feds are working with the RICO act in mind although Lausch is just a democratic operative so it may just be another bust.