Wirepoints’ Mark Glennon guest on AM560 with Chris Krok discussing CTU lawsuit agains Illinois Policy and more
August 19, 2026
7 Comments
Summary and audio linked here.
-- Connecting the dots between our economy, government and business --
Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Illinois paid the price for embracing Fauci’s “science.” Here’s the retrospective.
So the big picture plan has the assets of all these individual plans combined into one big fund. The plans are significantly under funded today. So there will be some administrative cost savings and projected higher return. Also there is a range in funding levels from below 20% to 80+ percent. In the future consolidated plan will there be any benefit for those local governments that have made more appropriate contributions or negotiated more responsible salary and benefit packages? Or will the responsible local governments assume the liability for those local governments that failed to fund at appropriate levels for… Read more »
For now, there is no full consolidation like that proposed. No municipality would share liabilities with another under the proposal. It’s just a proposal to consolidate investment management. However, I agree there is risk of it morphing into something bad like that, which will be the subject of my monthly Crain’s article later this week.