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.
Hey Virginia, there is no Santa Claus, pay for it yourself
Well that’s a start. The Pontiac Silverdome was the gift that kept on giving until the Lions moved back to Detroit.