Did a pack of wild teens destroy your property? Bill the city, one alderman advised. – CWB Chicago

The unusual suggestion came from Lakeview Ald. Bennett Lawson following an hours-long “teen trend” near the Belmont CTA station in June. Many insurance policies carve out exceptions for mob action and civil unrest.
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Giddyap
2 years ago

It’s Looting Season!

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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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