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.
I think this is a good move. Private citizens, however, are a different matter and should be free to play in prediction markets. As an IL resident I have been unable to open an account at Kalshi, Polymarket and others. Do any of you readers know a solution — is there one open to Illinoisans?
Governor Happy Meal Warrior, as ususal, gets it wrong and in typical fashion tries to tie it to Trump. How about Nancy Pelosi, you tax dodging trust fund baby?
About 40 YEARS to late with this .
Probably goes back to about 1818.