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The former Chicago mayor is considering a run for president in which he could face Illinois Gov. JB Pritzker, along with other prominent Democrats.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Emanual will not be able to run from his sanctuary city mistake. What is he going to campaign on? I’m not not a Marxist Democrat, so vote for me?
President Rahm “ I wear a tu-tu” Emanuel does have a certain ring to it
Not gonna happen.
Neither would be good for this country. Both too far left, and Pritzker isn’t financially responsible.
One snowball in hell vs. another snowball in hell? Result is a puddle of water.
It’d be glorious to watch these two go at it. Rahm Emmanuel, 5’7” weighing in at 140 pounds, 135 of that a titanium pair vs JB “Haystacks Calhoun” Pritzker, perhaps 6’ x 6’ x 6’ and somewhere on the Richter Scale having to explain why they and not the other are are more suited to the presidency. Rahm has much more experience and Pritzker has more money. I’d bet on Rahm.
I was going to comment on the story, but you pretty much said it all way better than me.