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.
The anti-violence report is from Chicago CRED (Create Real Economic Destiny), a private foundation founded by Arne Duncan and Laurene Powell Jobs (the widow of Steve Jobs).
Chicago CRED is an entity related to Emerson Collective LLC which was also founded by Laurene Powell Jobs.
Arne Duncan is a Managing Partner at both Chicago CRED & Emerson Collective LLC.
Violence “plagues” these communities, never point out that they are shooting each other. That would be bad form.