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.
They are rapists. Only Democratic government leaches are going to make out on this one. The poor honest hardworking taxpayer with a family will be a BIG LOSER. They will pay much more and get much less; it is the Illinois way.