-- Connecting the dots between our economy, government and business --
Corey Brooks’ publicized efforts started in late 2011 when he climbed into a tent on the roof of a run-down motel across the street from his New Beginnings Church in a bid to raise money. Work is finally underway on the 90,000-square-foot community center in Woodlawn., which will include a trade school, a pool, restaurants, a tech center, a theater, golf simulation room and basketball courts.
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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Way to go, Pastor! Congratulations!