Nine Cities file lawsuit against chemical companies for contaminating water going into Lake Michigan – Lake and McHenry County Scanner

The municipalities allege that Monsanto intentionally misled the public for decades about the environmental and health hazards of PCBs, resulting in widespread contamination. The lawsuit seeks to shift the significant costs associated with eliminating PCBs from the affected cities and villages to the defendants. It is unclear yet the exact costs.

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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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