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 shortfall is not looming. It’s right here. None of the political hacks that fill these RTA boards have the knowledge and experience to be in their position. Not one. George Krambles was the last at the CTA, Alex Clifford at the RTA.
Ah!!!!! The saga continues, the blind leading the blind. Massive shortfall, no problem.
Nothing runs on schedule, no problem.
Murder, mugging and general harassment
On the trains, on bus routes, no problems.
Inept operators, drivers and leaders, no problems. It will all come to a screeching halt, no problem. Zippy will just go back
To the toilet bowl king, hand outstretched
“ more please may we have more”.
Ah, the Mayor’s rainbow staff is alive and well. Who needs any expertise for a job? Who even needs to read a newspaper or watch the news? Run the CTA? Heck, I rode on a train once and I am not white so I should get this job, right!
Perhaps the Rev. stayed at a Holiday Inn and is now an expert on the mechanisms of the CTA or listed Brandon’s boss Gates as a reference.