Illinois governor profits off ICE detention center contracts – Politico

Comment: This is silly. The investment was made during the Obama Administration and Rauner wasn't even at GTCR, the firm that made the investment, at the time it was made. Nor do we know whether the money involved is material. According to the article, we only know it's more than $5,000.

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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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