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.
Kwame Raoul serves as AG in the most target rich environment in the country yet……never seems to find and prosecute any corrupt politicians. What’s up with that? The FBI are the only ones who do that. Like Little Lisa before him, Raoul instead serves to protect Madigan, Burke, Martwick, the Democrat Machine and the rest of the corrupt Illinois politicians (mostly Democrat).