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.
“… in a handful of cases, victims were physically unharmed ,,,” In Chicago, that’s called progress.
Mayor Raggedy will be making a pronouncement soon, advising people not to judge the perpetrators harshly. These are likely young people that have suffered through a lifetime of disinvestment and assorted other injustices at the hands of….well, you know who he’s going to blame.
Seriously, how long will we have to wait, before we look into the sky and see this?
Somewhere after the end of time is my best guess.