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.
Now, that’s someone to whom you should be listening. Yikes.
You inow how truly corrupt a state government is when a billionaire is caught using disparaging remarks about black politicians gets a pass and then gets the governors house. Truly filthy this state is.
Blago shouldn’t have tried to sell the US Senator (D-IL) office, nor should have Jay Bob (never held public office then) and Roland Burris been involved. The office should have gone to the best qualified. ??
Birds of a Feather!