Commentary: Bears pitch for a lakefront stadium fizzled. Here’s how they can move forward. – Chicago Tribune*

David Greising, of the Better Government Association: "A cardinal rule in any negotiation is to avoid getting to 'no.' Once that word slips out, getting to yes gets much harder. (Gov. JB) Pritzker hasn’t entirely written off the possibility of a stadium deal, perhaps somewhere down the road, so the question now is what it might take to resuscitate an idea that nearly died on arrival."
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Old Spartan
1 year ago

Anybody in the business knows that to succeed with a big project like this you have to have two things- a good proposal and a good sponsor. This plan had neither. Regarding the proposal, it was too expensive, too big of an ask from taxpayers, a site certain to invite extended litigation, too much fluff in the peripheral features, presented poorly, and benefits an unpopular owner. And on the second essential, the Bears are just a horrible sponsor. You can not underestimate the magnitude of their ineptitude. Over the past few decades, they have blundered through proposals for a new… Read more »

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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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