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"...State Street, which has some 35,000 theater seats within a block or two and is the main thoroughfare of Chicago’s recovering entertainment district, is enjoying the benefits of the pendulum swinging back to the Loop from once-ritzier North Michigan Avenue... If retail smash and grab is the main problem on Michigan Avenue, State Street now has to worry more about Chicagoans and suburbanites being afraid of walking back to the train, especially late at night."
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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Once I would have agreed with cops getting out and waling a beat. But today it is rather pointless. If cops witness a robbery they are not allowed to pursue and if any arrests are made the offenders get out almost immediately. So why would any cop waste their time on such idiocy?
Hey Trib editorial wimp, how about you apply to the Police Academy, try to pass, then volunteer to walk the midnight beat on State Street?