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Pritzker's sin here isn't so much the crude comments he made regarding some local African-American leaders but his tendency to cozy up to people in power, often using his wallet to pry open those doors.
What in heaven's name was Pritzker doing palling around with Blagojevich? No, the governor hadn't yet been indicted. But there was intense chatter at the time about what the feds were up to. Pritzker was clearly interested in snagging some sort of government job, and he ignored the flashing yellow lights in pursuing it with Blagojevich
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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