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An anchor of the Mag Mile mall since its inception, the retailer—unhappy with the police response to recent looting, according to a source close to the situation—now is looking to shrink or vacate its space there.
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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Macy’s, and everyone in Chicago, should run like Forrest Gump until they are out of range of Chicago gunfire
Not a police Fault!
It’s a Lightfoot, Fox Fault!
Not a police Fault!
It’s a Lightfoot, Fox Fault!
Does anyone have statistics on Chicago’s retail workforce? Female/male ratio or number of LGBTQ workers? I feel there’s a compelling and untold story of how looting (and theft in general) puts the livelihoods of women and the gay community at risk.
Too bad for the lgbtq community. They voted for Lori and Foxx, and if they are out of work, they asked for it.
too bad I cancelled my Crain’s subscription since their reporting (except for John Pletz) was mere pablum. Greg Hinz might be one of the dimmest reporters writing in Chicago. Their “news” stories were rarely insightful. Macy’s leaving isn’t on Trump. It’s on the Democratic Machine.
No big deal, they can back fill the space with a Carson’s, Sears, JC Penneys or Lord and Taylor. If none of them are willing to then Rainbow fashion will take some space.
All of those stores have died. ☹️?
I think that was the point
And I am sure all the rioting and looting had nothing to do with this, right?
Maybe this will make all the liberal BLM supporters think twice.
You assumed they think