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.
“The source said they believe the postal service’s problems are even more significant and widespread than the agency is letting on.”
It is, we now drop our mail at boxes inside the Post Office and checks are still getting stolen.
Hmm, is robbing mail carriers racist?