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.
We don’t need no stinking ethics rules
Does anyone else feel that a thorough investigation of corruption in IL government agencies will uncover waste and fraud that will make MN and MA pale in comparison?
I’m shocked, shocked that something like this could happen in Chicago!
The tip of the iceberg for those who are politically connected.
“raises questions about how potential hires are screened”. That’s funny. CPS screening employees. The extent of their screening is likely a check box on the application that makes sure you are someone’s relative or connected through another social program or vendor – end of screening.