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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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ALL THE REASONS WHY LAKE SHORE DRIVE SHOULD STAY LAKE SHORE DRIVE The Chicago City Council is set to vote on June 23rd, on whether to change the name of Lake Shore Drive, and replace it with the name of Jean Baptiste Point DuSable, a Haitian American of African/French descent, who was the first non-Native American settler, in the area that became the City of Chicago. Lake Shore Drive should remain Lake Shore Drive. We offer the following reasons why. LAKE SHORE DRIVE IS CHICAGO HISTORY. The name Lake Shore Drive has been a touchstone of Chicago history since the… Read more »
Pretty blue lights along the way,
Headin up DuSD Drive
(please note those blue lights are actually flames from the end of a gun.)
Soon DuSable Drive will have a terrible reputation. The LSD A listers will have DuSD as their address, that won’t be welcomed with open arms. Naming LSD as North Stoney Island would be more palatable. Chicago is continuous comedy. Bodies in the rivers and on the beaches. The reality for the Gold Coast is grim. I can see 550n becoming public housing.
There go all the maps and GPS navigations – Visitors beware!
Thank god, I was wondering when lightfoot was going to finally do something about all the crime! Singing that song “lake shore drive” Aliotta Haynes and Jeremiah from Berwyn, all these extra syllables just are not working out with the new lyrics!
By the same flawed logic, we might rename the United States after Columbus. I wonder how that would fly? Were there not indigenous peoples living around these prairies, wetlands and wild onion fields long before a fur trapper name Jean Baptiste wandered through?
Promoted by the “signage and stationary” lobbyists, because who possibly else benefits from this windbag virtue-signal?
The BIPOC population benefits. They collectively just took away your prestigious address and renamed it after own of their own (or at least one they claim to be their own). Think about that retribution. Hundreds of thousands of people now live on a street named after a black man and there’s not a darn thing the white intersectional colalition can do about it. BIPOC is in charge now and now it’s time for the oppressed to begin the oppression. I really, really hate to think in these sorts racist viewpoints, but I’m only trying to imagine the world through their… Read more »
Will be fun to watch what it does to real estate values. DuSable Drive does not have the cache of LSD.
I think that’s the point.
MLK incoming
Deb, did you fail to see my sarcasm?
Sometimes sarcasm needs a ‘/s’!
So will the feral predators stop shooting now on lake shore drive just as they stopped crime in the south loop after Lori and Sophia King took down the Columbus statues because blm demanded it.
OK! Who cares!
And we still go to the Sears Tower, no matter what name they apply now.