-- Connecting the dots between our economy, government and business --
But after years of planning and raising well over $1 billion, the Obama Presidential Center finally has emerged from the ground as a physical presence in Jackson Park, just across the street from Hyde Park Academy High School and a quick walk from the University of Chicago campus.
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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Obammy’s great public land theft