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.
Great title and summary! It should be fun watching them both fight over access to the same political donations. If they were smart, they would lawyer up and file suit already. LOL This may be a shock to some, but according to DNC lawyers, election rigging is protected by the first amendment. In the case below, the DNC is arguing for its right to appoint candidates at its own discretion while simultaneously denying any “fiduciary duty” to represent the voters who donated to the Democratic Party under the belief that the DNC would act impartially towards the candidates involved. Like… Read more »