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.
Mayor BJ is all about the art of the shakedown.
Another frivolous eco-hoax fraud lawsuit money grab
BJ is going to balance the budget by suing various entities. Bold strategy…