Wirepoints’ Mark Glennon on AM560’s Morning Answer: Spencer Pratt in Los Angeles Mayoral Race Offers Chicago a Blueprint
June 4, 2026
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Summary and audio linked here.
-- Connecting the dots between our economy, government and business --
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
Audio and summary 
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Reading this reminds me why I decided never to go near fund accounting when I got my degree. It seemed insane. From this article, it sounds like CPS has taken it to the next level of insanity.
This is how the financial collapse of Chicago, Cook County, Illinois and the dozens of other Democrat run borrow-and-spend cities, counties and states happens. The bankruptcy of New York City started with an inability to simply make payroll. “Trump to Chicago: Drop Dead”.
New York City never went bankrupt. The city was forced into austerity measures that included large budget cuts and tax increases.
RICH – why don’t you finish your statement? Yes, NY didn’t enter bankruptcy, but rather had to rely on the existence of a newly created Municipal Assistance Corporation to issue financing to keep the City alive. No institution would let the City borrow money. One could question under the MAC whether there would have been more freedom than there was if in bankruptcy. There is also the view that unanticipated rising inflation saved the debtor City. In any event, NY should serve as a caution and not a mere affirmation they avoided bankruptcy. Recall that Governor Carey stepped in and… Read more »