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.
The only way out for Chicago is bankruptcy and the union can accept the same contracts as the rest of the state, not the platinum plan.
What do public unions in Chicago get that the public unions in the rest of the state don’t get? You made this false claim before as well by stating pensioners in Chicago public unions get better pensions than the rest of the state but offered up no examples. Do you have any examples or are you just spreading more false information?
Hmm, to they ever have pay freezes in the public sector? Old Joe went thru a few of those.
“ Brothers can you spare a dime ?” asks Mayor Playa on his way to spending more of the 30K he has blessed his unlicensed cosmetician with working out of her home.
This guy is so WHAT AM I DOING HERE………hasn’t a clue and is messing up Chicago even worse……………HELP!!!!
The unlicensed cosmetician does such a beautiful job! The pointed hair shaping the pointed head, Zippy never looked better.