Audio: Wirepoints’ Mark Glennon says Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades – Chicago’s Morning Answer
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Illinois lost another 54,000 tax filers and dependents, net, according to the IRS. Since 2000, fleeing taxpayers have taken $94 billion of annual adjusted gross income with them.
Right before Trump takes office, this demofilth’s plan is to release everyone. No exceptions. What a great example of the type of pond scum you geniuses like to elect. All while thinking how brilliant you are. Truth is you are the most brilliant sheep and slaves out there.
You think Wirepoints readers elect pond scum?
Doesn’t matter. The point is demonstrating superiority by insulting others. Heaping helpings every day.
Free at Last is superior to you. You complain about your situation and he did something about it. He is serving up heaping helpings but you’re still malnourished. Next course should be served up soon. Keep it coming Free. Bon appetit.