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.
Call it the Betty Van Patter Center for Peace.
Both Daleys were adamant that Chicago’s famous Mob-related sites not be celebrated as landmark sites. Odd that we now want to celebrate a black gang site.
It’s a nice building, worth saving for its architectural value. But to promote the importance of a Chicago street-crime gang that dealt in drugs and guns is wrong.