-- Connecting the dots between our economy, government and business --
When details of the project were made public six years ago, there was an estimate that the center could be completed by 2021. Federal reviews, which the initial planners did not fully take into account, took years to complete. Obama and former first lady Michelle were at the ceremonial groundbreaking in September 2021. Lori Healey, the foundation’s senior vice president overseeing the construction, says the target date for completion is now October 2025.
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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Gee that’s a swell looking nuclear reactor.
Such a sight! The world’s largest outhouse.
Lynn Sweet sees a landmark, I see the loss of a beautiful park.
Lynn Sweet is the biggest Obama suckup in the media.