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 tyrant Pugster knows there are no LEGAL enforcement routes on his fake orders. He relies on citizen fear and business cow-towing, scoundrels at IDPH, and a complicit Supremely lie-down Court. See Thomas DeVore’s FB page.