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.
Lori built the white elephant hospital at Mccormick place to take care of the unions and the democrat patronage workers from the south suburbs, south and west sides, and especially the political inbreds from canaryville and the 19th Ward. Also what happened to all all the money given to the south and west side community political workers to do contact tracing? Obviously they didn’t do the work. Nothing happened as they were just typical patronage workers hired by Lori in exchange for votes to get her re-election started.
However will this get paid?