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.
These people are your whack job relatives, that are so crazy, you don’t even want them at your house for holidays and family parties. Every sane family member talks about them behind their back and makes fun of them. But these same crazy nut cases also happen to run the state legislature. And they’re going to literally and figuratively force their agenda on you whether you like it or not, and you better celebrate their lifestyles, or else they’ll throw you in a reeducation camp. Stearns has already made that clear when she decided it was acceptable to teach 10… Read more »