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.
Ray, my wet dream is the riot of the century occurring during the 2024 Democratic Convention. Think 1968 on steroids with half a dozen progressive pols killed, 12 victims of the knockout game and 20 carjacked.
Then the whole country will get a glimpse of what’s in store for them if they deign to vote Democratic.
On the bright side I seriously doubt they’d ever come back. Here’s a trivia question. When’s the last time the Democratic Convention was held in Detroit?
Oops, I forgot that Daly was able to call out Chicago’s finest. Gee, I wonder what’s gonna happen when BJ has to make that call?
Nobody will be available to answer the phones