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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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“The Railroad Intoxicating Liquor Act prevents people from drinking “any intoxicating liquor” or being intoxicated on any railroad, as well as in or around any railroad station or platform, in Illinois. In addition, the act requires railroad conductors to enforce the law and arrest those in violation of it. Violators will be charged with a Class C misdemeanor.” What a joke! I rode Metra trains for a total of twelve years and saw people drinking alcohol (beer, wine, etc.) on outbound trains all the time, and rode with profoundly drunk people riding Metra from Chicago after St. Patrick’s Day, Taste… Read more »
Everything is a damn joke in IL. From top to bottom, inside and out. A ten ring circus.
I’m utterly surprised that the Utu and ble have not filled suit to stop this reversal of the law by bozo Pritzker. Utu and ble were the two unions representing its members that originally pushed for the law, how can Pritzker say it’s the conductors responsibility to enforce this law it’s not his/hers job to do so. Maybe the FRA will step in this is ludicrous this individual in Springfield has lost his mind.