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.
kick back cash and the state “qualified purchaser” program!!! as big a scam as pols doubling as prop tax lawyers
only give back the cash when caught red handed–what a bunch of scum bag they all are.