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.
It is better for the police to retire than lose their temper with a protestor or someone simply disrespecting the police. School districts for example do not tolerate the level of disrespect that Lori Lightfoot is expecting the police to endure. The amount of verbal abuse alone that the police have been subject to in the protests, looting, riots, and elsewhere since the death of George Floyd is not psychologically healthy. The two people primarily responsible for the CPD retirements are both Cook County Democrat black females. Cook County States Attorney Kim Foxx and Chicago Mayor Lori Lightfoot. Their method… Read more »
Forgot to say and Moving to Florida to live in a Luxury home, drive a Luxury Car and have a nice boat behind their house. No State Income taxes on their pensions or any other income that they may earn. Lots of good jobs opportunities for them and everyone.
Why anyone who get move out of Illinois doesn’t is beyond me.
Leave Illinois and your income goes up, they quality of life explodes on the up side.
Illinois “Land of Slavery”
The land of Lincoln, birthplace of the Republican Party, and political home of the man who ended slavery has become the enemy of individual liberty. The political crimes, extortion, bribery, and enslavement of the people by the politicians and their public union mobs are tantamount to tyranny. If you remain in Illinois, you will spend the rest of your life (and your grandchildren too) paying off debt that lined the pockets of politicians from the governor all the way down to the administrators of mosquito abatement districts. It is amazing to me that people can escape this simply by relocating… Read more »
You’re an idiot. My Florida home only cost $650K, my new boat 350K. Thank you for your tax dollars idiot.
What is your point?
Dixon, please. Can’t even tell what the point of that comment is.