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If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
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The mayor’s crew is definitely the gang that can’t shoot straight. They bungled their first foray in to Springfield a last year. They can’t get things going in the City Council. They have no agenda in the Veto Session ongoing right now. And they will get stiff armed in the spring session in Springfield. Wow– what a major departure from times past when the City used to get almost everything it wanted when they had competent lobbyists and some party discipline to keep members in line. This is just another example of how far Chicago has receded as a major… Read more »