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A tax earmarked for specific parks could help rectify that issue, state Rep. La Shawn Ford said. “The festival organizers are going to spend some money to put the park back after their event, but at the end of the day they’re going to walk away with a profit and are better off as a result,” Ford said. “We need the park and the community to be put back whole and made better than when they found it as a result of these events.”
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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Funny how they have to pay ‘communities’. Who exactly is the leader of this community? How should the money be distributed? Who can I speak with that is in charge of this ‘community’?
The “Community” are the politically well connected who are faceless/nameless/shameless but stand behind the curtain all getting boatloads of money.
Better plan — keep oversized noisy music festivals out of city parks — they are intended for neighbors to use as recreation — not for drug addled fans of awful music