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.
Madigan will never spend a day behind bars. He will be diagnosed with any number of diseases, one after the other, that prevent his participation in his defense. One delay after another until he chokes on an apple seed at age of 103.
IMO the Feds should give Mikey and Eddie a choice, no jail time but a televised public flogging in Daley Plaza for both.
That would bring a big smile to my face!!