At lease we’re not this bad: Russia may raid pension to help its oil companies

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City home values only glimmer in bleak Cook property value report – Early & Often

Chicago homeowners saw their property values inch up a bit in recent years.  However, property values across Cook County — residential, commercial and industrial — continued to slide, and are one indicator the area remains in the grips of a poor economy. http://politics.suntimes.com/article/chicago/city-home-values-only-glimmer-bleak-cook-property-value-report/wed-08132014-838pm

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United Neighborhood Organization no longer managing 16 charter schools – Chicago Tribune

The UNO Charter School Network board, which was established in June 2013 in the midst a scandal over UNO’s hiring practices, said it will not renew its charter management contract with UNO and will assume all charter school management following the 2014-2015 school year. http://www.chicagotribune.com/news/local/breaking/chi-united-neighborhood-organization-no-longer-managing-its-16-charter-schools-20140813-story.html

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10,300 Illinoisans’ health coverage in jeopardy – A.P.

More than 10,000 Illinois residents who bought insurance through Obamacare could have their coverage canceled if they don’t send citizenship and immigration documents to confirm their eligibility by Sept. 5. http://www.myfoxchicago.com/story/26272908/10300-illinoisans-health-coverage-in-jeopardy

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Bad Pensions Meet Bad Journalism: An Example and a Lesson – WP Original

By: Mark Glennon*   Usually, Illinois’ 600-plus municipal pensions are ignored by local papers. Maybe that’s a blessing because, when they try, they often do readers a disservice.   This week the Forest Park Review ran a story headlined Police and Fire Pensions in the Healthy Zone. It provides a nice catalog of omissions, misunderstandings and outright errors that plague both the media’s and public’s understanding of the pension crisis. And it’s agreat place for point-by-point exposure of many reasons why the Illinois pension crisis is underestimated, even in towns reported to be healthy. Numbers I’ve used here about Forest

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