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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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This seems to be big:
https://www.politico.com/f/?id=00000180-6933-d3ee-a392-79bb60c90000&fbclid=IwAR1DAOdpFMwnJMLZ3Q1JbTvJ3_djDuWJiHyaoENdfIe5hcv2Y3is8rP_tKs
Well, that clears up the mystery of her resignation: corruption.
Illinois needs more crooks outed and prosecuted.
Not true. Do a better job with your research. Otherwise all media outlets would’ve covered this complaint. A formal investigation is required with all complaints made against public officials.
Why is she resigning? This article does not mention any reason.
One would think that the reason for the early resignation would be important.
Journalism!
No one else is saying why. Not even a hint or mention. It’s Illinois, everyone knows who controls the media, so unless it’s something to bash the (R) or praise the (D), it’s not news worthy.
“Journalism?” It’s a rare, and becoming rarer, discipline.