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.
Let’s see, the County Treasurer is seeking to distribute taxpayer money on the basis of Race! Not a lawyer but on the face of it this seems patently discriminatory and racist.
Yes, totally racist.