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.
There’s real potential here for the ‘24 Dem convention to make the ‘68 Dem convention look like a kindergarten field day. Alienate protesters by making them stay far away from the convention venue, not enough police to keep the disaffected in line, potential for convention-goers to be assaulted,mugged, etc. while enjoying the city sights. Add potentially hot weather (climate change, you know) could make for very interesting times indeed. And, if the Dems feel that they have to make a last minute adjustment in the ticket—ditching the senile Biden and cackling Kamala— for candidates no one voted for—it could get… Read more »
Wait a minute, Larry. You and the Mayor have been saying for months the CPD and the entire City are ready for the convention. A little fibbing going on here maybe?