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.
If I were there I would be hitting the road.
The only person to say something marginally nice about Streeterville is a former political operative for Pritzker and currently works for Martwick’s appointed replacement in the IL House. And even she wasn’t all that bullish on the current situation.
Martwick and his replacement are both loyal puppets and toadies of Mike Madigan. Neither have denounced Madigan’s criminal behavior or called for his resignation. They are so jaded and blinded by 90 years of single party rule that the pain and suffering of the poor taxpaying chumbolones is unimportant: “Shaddayp and gets back to paying youze taxes”
Catherine Sharp is on the state payroll or are you referring to her work for the Friends of LaPointe PAC?
Denial isn’t just a river in Egypt