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.
This is insanity. They handpicked this young guy, age 26, to take their orders. Two days later they find out some really compromising information and demand his resignation. But they won’t say what it is and they won’t tell anyone why. WTF, right? They obviously trusted him, but suddenly they do not? Makes no sense! My hunch bet this guy is a rat. He’s a young guy, worked his way up through Quinn’s office, familiar with Madigan. I bet he’s a rat on the take from the FBI. They somehow found out from one of their sources that this guy… Read more »
If he was an “inside informant” against Madigan then I’d call him a Hero instead of a Rat.
Very true!