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"It's a two day commercial for Chicago to show the best that we have to offer on a global stage," said Chicagoland Chamber of Commerce CEO Jack Lavin.
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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Almost every report on this event includes NASCAR’s estimate of 50,000 fans but I’ve yet to read any reports on ticket sales. They must know how many have been sold, why isn’t anyone reporting it?
Every person that drives in Chicago should watch the race. You can learn how to drive so fast the carjackers won’t be able to get you.