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.
Jim Durkin doesn’t represent Chicago and has no say whatsoever. ?
I am appalled. Any other place where hundreds of miscreants ransack entire neighborhoods and steal upwards of millions of dollars of inventory would call that incident a terrorist attack. If this doesn’t need federal resources/national guard, can you please inform the people of Chicago what would? An all out civil war?