-- Connecting the dots between our economy, government and business --
First, protesters took over the Dan Ryan Expressway. Then, another group briefly took over Lake Shore Drive on a march to Wrigley Field. Now, activists want to interrupt Labor Day traffic to and from O’Hare International Airport by bringing the Kennedy Expressway to a standstill.
Wirepoints has obtained the handout Mayor Emanuel used to sell his $10 billion Pension Obligation Bond plan to Chicago Aldermen last week. It has no mention of the arbitrage risk. No stress tests. And no details of how “savings” are generated.
Chicago is looking around to hock whatever it has and borrow even more than $10 billion for its pensions.
The first step towards recovery.
Ted Dabrowski was on WTAD earlier this week discussing Wirepoints’ new initiative: calling on all Illinois legislative candidates to refuse a lawmaker pension if they are elected.
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