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.
You have to admire the skills involved with walking a tightrope Tribune style. Always a crowd pleaser, appeasing the mob.
The trib- LOL
The Consent Decree is nothing but democrapic theater. A waste of millions of dollars as well. Oh my! More black people get arrested, maybe they commit more crimes. Oh my, more black people get stopped for traffic violations, maybe they drive like idiots without licenses, insurance, plates etc. Oh my, more black people are in prison, see first Oh My. Again, noting but democrapic theater.