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.
Maybe ordinary citizens need to get a Jeep like in the Rat Patrol fitted with a Browning M2 HB 50MM Aircraft gun. Just to defend ourselves (not for offense) when we need to get a gallon of milk from the store. Expressways are starting to look like something from MAD MAX.