-- Connecting the dots between our economy, government and business --
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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Chicago’s crime problem has received sufficient media coverage to damage its tourist-destination and convention-trade attraction, possibly for a long time to come. And the risk is genuine, whether a phone-snatching, or God forbid, a catastrophic violent attack resulting in intensive-care hospitalization, or death, folks know enough now to avoid Chicago.
Why come visit Chicago, unless to see your relatives?
/My Chicago relatives come to see me because I am not in Chicago.
Why stay in a hotel when it is illegal to eat at a restaurant in Chicago?
They will stay empty until Chicago fixes it’s crime, vax mandate and image.
Have not eaten in a chicago restaurant since that vax mandate was put in place3. Lots of great restaurants in Lake county who love diners no parking fees, no worries about getting mugged or car jacked!
Me too. My grocery store bill yesterday was outrageous, buying steak, fish, chicken, wine, beer and all of the other product I’d usually eat at a Cook County restaurant once a week! I’m willing to destroy this county to save it.
You’ll destroy it by moving out.
Otherwise you are just enabling the crooks
Olympics started last night. They said Chicago/NY and LA had zero participants in the games. Bummer. Chicago would have won the Gold hands down in these events.
Competitive carjackings by 12 year olds.
Synchronized Smash&Grab
Group tourist beatings
Organized marksmanship in expressway shootings.
Double Axle-Quad Spin-Triple Flip-Reverse Twist Drive By Shootings
“No” on the marksmanship in expressway shootings – they need more time at the suburban gun ranges to improve accuracy.
The other events are a shoe-in.
I have a friend that works for a Michigan Avenue hotel
When guests ask her if the area is safe at night — she tells them NO — that way she can sleep with a clear conscience
Hmmmm…..empty hotels, empty office buildings and empty stores. Power shoplifting mobs. We’ll done Lori!