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"We continue to anticipate plenty of action on the political corruption front coming out of 219 S. Dearborn in the coming days, weeks or months. The difference is that we’ve lowered our expectations about the timing. You know the old saw about a watched pot never boiling."
Why is this all taking longer than expected? Maybe because there are so many cases that federal authorities don’t have the resources to reel in everything at once? Or maybe it’s because suspects started cooperating as charges were about to be filed, giving prosecutors more time to prepare and new information to check out.
Summary and audio linked here.
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.
Full interview and summary linked here.
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When most pols will be taken down by the FBI who will be left to raise our tax’s? NO ONE!!
There only one indictment that matters right now, only one.