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Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Prosecutorial discretion is only for the (D)’s…
In their book it’s malfeasance if an (R) does it…
Kim Foxx can do as she pleases without consequences…
Sheriff Dwight Baird better follow the letter of the law or else…
Too bad D’s are outnumbered on this one and who cares what they think. Pritzker over played his hand.
What a word salad! Harold “But it’s conceivable!” Krent wins the award for stooge of the month!!! +4 for mentioning Trump and criminal charges in a totally unrelated matter. +1 for claiming Sheriffs are ignoring judicial precedent and failing to acknowledge that proponents are systemically ignoring precedent. +1 for strategically trying to isolate and attack individual sheriffs. Too bad the James Mendrick censorship campaign failed, and opponents outnumbered proponents 2 to 1 at the hearing. +2 for claiming “irresponsible action by the sheriffs” could be used to support legal action against them under state law. LOL +3 for saying Sheriffs… Read more »
Krent is full of it. There is no way the sheriffs would be charged with a felony or lose an official misconduct charge.
IIT-Chicago Kent Law school, Krent’s employer, as I’ve been told by a lawyer friend of mine, is headed into the dumps. Three decades ago it was an up and coming school, the hip hot place to learn law in Illinois, so much so, that even Obama wanted to be a part of the action, and he gave a commencment address in the early 2000’s when he was a lowly state senator. But oh How fortunes have changed under Krent’s SIXTEEN years of leadership as dean. These days, the school has dropped into the toilet. IIT-Chicago Kent’s bar passage rate dropped… Read more »