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.
Still smoking quite a bit today, yesterday’s smoke cloud was huge. I saw the start of the blaze at about 7:15 am and it was just a small,, dark, smoke cloud that bloomed into a huge billowing smoke cloud in about 15 minutes. From where I was several explosions were seen with huge fireballs. Quite a show. Industrial greases, oils and lubricants were processed and stored at this location which is right on the Rock river. The building is a total loss with millions of $$$ in damages. We enjoyed evening cocktails last night watching the smoke rising from the… Read more »
You did a better job telling the story in one paragraph than any of the fluffed and buffed “professionals” who appeared on TV. Thanks