Editorial: Former legislator with no class files class action suit that could cost taxpayers millions – Chicago Sun-Times*

"All three are ethical hypocrites. All three voted against accepting cost-of-living pay raises when they were in the state Legislature, posing like selfless good guys during hard times for Illinois, but have since gone to court to claw back every dime of those lost wages now that they’re out of politics and don’t give a hoot what people think."

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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

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.

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