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.
We can all look forward to fours years of drivel from our new Chicago Mayor. He’s the low IQ mayor elected by low IQ voters. We all know the city is going to burn while the mayor holds a press conference calling the rioters “silly kids.
Talk is cheap, have been hearing the same old story as thing continue to get worse. How about actually doing something about it. Like putting the cops on the beat and stopping it. Old Mayor Daily did not allow this to happen, the cops were storm troopers back then. Today’s cops drive by crime and do not get out of their cars.