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.
The rally should be a bout the elimination of Thornton Township, not taking it back. Taxpayers in most states are not taxed to support township government because they do not have them. Also, Illinois has 17 counties that do not have township government to support. Township government was established in the 1800s for farmers. This was years before city / village governments. Thornton Township now has17 municipal governments! How many farms are in Thornton Township???