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.
Sounds like a headline from Mad Magazine circa 1969
Illinois Pot Industry Is Already A Pay-To-Play Corruption Mess — Now Illinois’ Crooked Unions Will Make It Even Worse
The illegal drug trade loves this since they don’t charge taxes.
Products are 6 to 10 times higher in Illinois than Oklahoma. And that is without the taxes added in. Over 6000 cultivators in OK. 5 in Illinois who are the governor’s friends.