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.
It’s all going as planned.
This “program” puts law abiding citizens and their families at risk every day. Officials do not seem to care at all about the actual people living their lives, raising their families and paying their taxes. Doesn’t seem to matter to them that this continued behavior degrades our quality of life in order to somehow protect this numbskulls right to break the law and injure people. Just a matter of time before this jack ass does something really bad…then who they gunna blame? It is against all common sense, which frightens me, there is so many decisions and direction in play… Read more »
Hmm, this even beats those 2 for the price of 1 deals….
This dude has a certain Charlie Manson look about him, and not in a good way. Significant mental health issues and no hope for getting better. Hopefully he doesn’t hurt any innocent people as he meanders around a city that has no solutions for this type of problem. This story isn’t going to have a happy ending.