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.
Those who escaped after Pritzker and Lightfoot encouraged the mobs to loot the Mag Mile made the best choice – get out before property values collapse.
The rush is on to get out.
Years ago my old investment bank and I tried to buy this guy for Houston Natural Gas . Before HNG became Enron etc .Brings a smile to an old man’s heart
Politicos talk, money walks.
Keep building the leftist utopia IL.