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.
If you want to live life on the edge, head to Garfield Park on the west side, north of the Eisenhower, where population is 1/3 of its peak and ranked #1 for crime by HeyJackass, narrowly eclipsing Austin and Englewood.
Garfield Park was also in the epicenter of the riots, arson, and looting that occurred in Chicago after Martin Luther King Jr was assassinated on April 4, 1968, in Memphis, TN.
White flight ensued.
http://graphics.chicagotribune.com/riots-chicago-1968-mlk/index.html
Four months later was a separate incident of civil unrest centered in a different area of Chicago (Grant Park) during the August 23 – 28, 1968 Democratic National Convention which was itself held in Chicago.
The focal point of the DNC unrest was a call to end the Vietnam War.