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"What would happen if Chicago and Illinois declared they were going to default at one moment? Illinois has made some progress in recent years...I wonder very much about the recent election in Chicago and its effect on the potential for fiscal crisis."
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Audio and summary Why the Holdup Using Artificial Intelligence to Cut Illinois Government Costs? – Wirepoints
May 19, 2026
8 Comments
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Note to readers from Mark Glennon re: Ukraine
May 6, 2026
4 Comments
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Wirepoints’ Mark Glennon on AM560’s Morning Answer – Chicago’s struggling commercial real estate and more
April 22, 2026
5 Comments
Summary and audio linked here.
Audio and summary
With cost of living increases and high tax rates in cities like New York City, Chicago and San Francisco, high income earners are looking to take advantage of more affordable areas of the country for the sake of stretching a salary significantly further. To determine how much you can save by moving to Miami, SmartAsset compared the cost of living and tax rates to those of NYC, Chicago and San Francisco for those earning $150,000 up to $650,000. High earners can save up to $200k per year by moving to Miami. Between cost of living differences and taxes, someone making $650,000… Read more »
Illinois has already asked the Feds for a pension bailout in 2020.
I vote HELL NO.
First insist on a COLA reduction, pension haircuts, etc. before granting any Federal pension bailout.
https://www.forbes.com/sites/ebauer/2020/04/17/begun-the-state-and-local-pension-bailout-requests-have/?sh=6201289294ea
Insist from who? State pensioners aren’t giving up their annual annuity increase and definitely aren’t taking a haircut. Maybe you’ll get a bankruptcy allowed in certain cities but the state can and will raise taxes. Plenty of taxes left to be raised. Pensions will be paid first.
PPFtard,
I’m guessing your eyes are brown!!
Da Judge
So your only retort is name calling on the level of an 8 year old? I’m guessing you lack the cognitive ability to form a coherent argument. You clearly can’t counter my statement. What’s next? Shaking your fist at clouds.
“If something cannot go on forever, it will stop.”
― Herbert Stein
Not sure you really understand what has happened in Taxistan over the past 10+ years. Higher and higher taxes to pay for golden public sector pensions will only result in more and more Illinois taxpayers voting with their feet.
Clearly you have a severe case of cognitive dissonance.
I’m guessing you are a public sector union troll.