Woe to Illinois as Gov. Rauner throws in with the ideologues – Editorial – Chicago Sun-Times

Comment: "Rauner seems to really believe, says the Sun-Times, that "his opponents are motivated for the most part by base self-interest, doing the well-rewarded bidding of greedy trial lawyers and rapacious public unions." Um, that's whey he got elected. One thing's for sure. The Sun-Times' new union owners won't need to make any changes in the editorial staff.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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