Threat Of More Looting Leads To Concerns Of Downtown Chicago Exodus – CBS2 (Chicago)

The Magnificent Mile Association’s Adam Skaf said many of the association’s 650 members are weary and frustrated; Lost merchandise can be replaced and insurance is still intact, but the future of insurance - the cost of the policies and what may not be covered - are concerns that could impact whether merchants decide to stay on the Mag Mile or in the Loop.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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