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.
People – start phoning and emailing your mayors and council representatives to stop this unconstitutional, lawlessness. This needs to be addressed from the local level on up. This cannot stand. We will not have a town or Country much longer. Look how quickly the damage has been done in two years – we will not survive much more of this.