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.
They’re not interested in making arrests. Those thugs won’t ever get charged. Stay out of Chicago and don’t spend a dime there. Advise friends and family to stay away. Chicago doesn’t give a damn about you, your property or your safety.