Audio: Wirepoints’ Mark Glennon says Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades – Chicago’s Morning Answer
April 3, 2026
9 Comments
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Illinois lost another 54,000 tax filers and dependents, net, according to the IRS. Since 2000, fleeing taxpayers have taken $94 billion of annual adjusted gross income with them.
A shoe store? Why not rob a bank instead.
State crime vs. Federal Crime
Can police chase criminals if the crime is federal?
It’s obvious that Mayor BJ administration tacitly endorses shoplifting and looting, probably sees it as “economic redistribution” of luxury and household goods for POC community.
Please note Mayor BJ’s army of 140 CPD cops protect him and his property. Second City Cop blog-site is operational again. BJ detail strips much-needed CPD manpower from actual policing duty. Unabated street-crime is of little concern to our woke Mayor.
Brandon Johnson has previously told us exactly how he feels about the existing order. We already have a snapshot inside his brain. WP earlier addressed an interview where he said about being a teacher: “To be quite frank with you, I didn’t issue a lot of homework for students. That was my own way of rebelling against the structure. I don’t think I ever gave a kid an ‘F.’” BJ sees his people in an epic grand battle against ‘the system’ or ‘the structure’. In his sick mind, african-americans are struggling like the Palestinians, and the shoplifting, the looting, the… Read more »
That’s why Rep Delia Ramirez voted against resolution too.
They’ve been trying too destroy your neighborhood too, and they’re close to being successful. A dwindling supply of greater fools purchasing from the sellers is the only saving grace for current residents.
“At least eight people in hoodies broke into the store and robbed it.”
Tell me again how, nobody needs a 30 round magazine?
Just give the criminals what they want, their lives are not worth your property.