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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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For more than 100 years (1870 to 1982) Illinois had a unique system for preventing just this kind of issue. Members of the Illinois House were elected by cumulative voting — there were 3 reps per district and residents could cast 1 vote for each of 3 candidates, 1 1/2 votes for each of 2 candidates, or all 3 votes for one candidate. The result was that every district had one rep from the minority party — there were GOP reps from Chicago (Mayor Daley Sr’s first elective office was as a replacement for a GOP rep that had died)… Read more »
It’s always been a problem. No Judge has the balls to step in and stop it. You had Bilandic and Anne Burke part of the Illinois Supreme Court for years. Him and old Daley protege and her married to jailbird Eddie. Both had Madigans blessing
Take that legislative,gerrymandered map to the US Supreme Court and have it declared illegal and unconstitutional.
The courts have already ruled. Federal courts are not to get involved in partisan map drawing. It’s a political issue and not an issue for the federal courts. You would need the state courts to seek relief.
Rucho v. Common Cause (2109)