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.
Just saw today that a Cook County jury handed down against Chicago a $10,500,000 verdict after a police chase in 2018. The perp was drunk, went on a high speed chase, and smashed into an innocent bystander, killing him. In its infinite wisdom, the Cook County jury awarded $10,500,000 to the victim saying was the City’s fault for the criminal running from police. The perp – who had been in prison at least 3x before? He got a measly 9 years in prison. Nine years, he’ll be out on parole in 2 years. I just looked it up with the… Read more »
What does the rest of the world think of Chicago?
Chee-Kah-Go! BANG BANG
https://www.youtube.com/watch?v=OWzZtKHSJ3I