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.
Holy crap Batman, people who are a charged with murder are walking around bail free now and if they do go to prison they are out so quick it’s not like they even went to prison. So now we are going to put people in prison for traffic offenses? Yeah, that will happen.