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.
Interesting, Madigan has already found his replacement this is all show and go it’s a setup from the onset ladies and gentlemen. It’s very interesting that this individual opposing the weasel is the one who has taken the most from him apparently 729,000 dollars. Better watch these slick pri-ks the fix is in. I would take a bet he steps down sooner than later