Wirepoints’ Mark Glennon on AM560’s Morning Answer
April 22, 2026
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Summary and audio linked here.
-- Connecting the dots between our economy, government and business --
Owner Mike Antonacci says the company has been in business for 89 years, passed down through three generations. But the city has control of how much the cab company can charge, and Antonacci says the rates are so low that drivers don't feel its worth the gas money.
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Summary and audio linked here.
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
April 3, 2026
9 Comments
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.
Maybe it’s time for local government to get out of regulating the “cab business” and let the market place figure all this stuff out.
I still don’t understand how Uber and Lyft were able to start up when the cabbies are so tightly regulated and required to buy medallions.
Years back ‘jitney cabs’ were outlawed, yet Uber and Lyft are allowed?
Move the business to Indiana.
Simple as that.