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Summary and audio linked here.
If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
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.
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Audio and summary
Gambling of any kind and the tax revenues therefrom will not improve budget deficits. Sure, some revenue will be collected, but gambling imposes all kind of externalities and costs. Las Vegas works because the vast majority of money spent comes from outside Las Vegas. It also has an unequaled entertainment infrastructure. The zeal in which Illinois politicians pursue gambling is disappointing- they are not a solution to govt fiscal ills. As an aside, I got a kick out out of the plans for a Waukegan casino. They are building a heliport for those who want to avoid the traffic. I… Read more »