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.
There’s a giant surprise coming for the ghetto gun toting crowd who face a serious tsk, tsk, from the corrupt states attorney Foxx. Federal charges for serious gun convictions usually carry a 10 yr visit to the gray bar college, more if they were a convicted felon or an extensive criminal history. Fed time also means that 85% of the sentence must be served. As Gomer Pyle said, ” Surprise, Suprise”