-- Connecting the dots between our economy, government and business --
Jim Dey: "The state owes $14 billion on the bonds that are subject to litigation. Defaulting on remaining interest and principal payments would further devastate Illinois’ already flagging financial standing."
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WIREPOINTS ORIGINAL STORIES
Audio and summary Illinois bill would override local law to allow homeless living in all public parks – Wirepoints
April 14, 2026
27 Comments
If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
Mark Glennon on AM560’s Morning Answer: Chicago Fiscal Crisis Worse Than Pre-Bankruptcy Detroit, HIV Surge and Public Health Threat From Open Borders Goes Unreported
April 10, 2026
2 Comments
Summary and audio linked here.
Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades
April 3, 2026
9 Comments
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.
WBEZ and Chicago Sun-Times falsely blame Texas Gov. Abbott for 2020 to 2024 surge in Chicago Latino HIV, AIDS infections – Wirepoints Quickpoint
March 31, 2026
11 Comments
Expect no retraction or apology. This what they do.
Oh Susana, you little twit. The ratings agencies are afraid to fairly rate our credit. And, while there may be some funds who have bet against the state (based on practical, pragmatic credit analysis), the damage is to the people who have placed their trust in the corrupt POS politicians who continue to abuse their power and violate their oath of office and assumed fiduciary obligations. They, and you, Mendoza, are despicable.
The state is praying for a Biden. Victory and a bailout.