-- Connecting the dots between our economy, government and business --
In a last-minute bid to derail a project that finally appears to have a lot of momentum, opponents of the proposed Obama Presidential Center in Jackson Park have released some flashy schematics of how a reimagined center might instead be built elsewhere on the South Side.
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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Isn’t there a landfill available to take this huge waste of space?
Worlds largest outhouse will be a huge attraction.
Why not build where it will do the most for the community? Why not Harvey? Easily accessible from 94 and 57.
Because it would not be flashy enough for mr president. Even Washington park a few blocks away would have revitalized a neighborhood. But no…. It has to be a lakefront