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.
Major Sleazebag. He and Thompson really screwed us over. May they burn in hell.
Jim Edgar – and all the current remaining Illinois “RINOS” – are partly the cause of the current Illinois mess. These “go-along-get-along” politicians colluded with the Democrats to carve up the body of the taxpaying public. For 40 years these vermin were content to lap up whatever scraps or crumbs Mike Madigan tossed their way in exchange to not rock the boat or to obstruct the IL Democrat crime machine. Edgar’s disgusting pontification is worth nothing more than a plate of dog vomit. The Illinois republican party is changing for the better and in support of the taxpayers. There is… Read more »
Jim Edgar is a despicable person that started the “Edgar Ramp” theory of pension funding that didn’t work like he knew said it would.
Then, as bigger slap in the face of the taxpayer, he gets a very well paid teaching job at the U of I.
The U of I is, like other Illinois Colleges, on a downhill path that we can thank those like Edgar for.
That also means another pension for the RINO.
Jim Edgar defined the ‘party of surrender’. It’s over for those still here thanks to Edgar in large part. Edgar is a heck of a sellout.
Legacy, ha ha
His legacy is a $500B unfunded pension liability. Anything else is meaningless. Thanks Jim!