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.
On a sad note tragically a 3 year old was shot and later died in a hospital last Thursday here in Rockford. Bullet apparently went thru a wall and struck the child in the head. Truly sickening.
They’re asking a power-mad Dictator to give up some of his power. It’s not going to happen
Remember history all dictators are eventually dropped one way or the other history shall repeat itself.