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State Rep. Luis Arroyo’s foray into the shady world of sweepstakes machines is at the center of the federal bribery case alleging he agreed to pay off a state senator in exchange for support on legislation that would benefit the largely unregulated industry. Now other players linked to the alleged scheme are emerging, including businessman James Weiss, the son-in-law of former Cook County assessor and county Democratic Party boss Joseph Berrios, and an ex-Chicago cop who was fired for consorting with a drug trafficker, the Chicago Tribune has confirmed through state records and a source with knowledge of the probe.
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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‘Crook’ County instead of Cook County…
Where’s the Scorsese Illinois/cc/chicago mob movie? The scripts already written.
In theaters this spring: “The Chicago Way”.
interesting interpretation