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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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This is the Globalists/Communists Agenda 21
This is also Rampant in any suburb where train tracks run thru!
Is the ordinance based on the number of occupants or how much they weigh to determine density? Many people have extra “Density” and some are just dense to boot.
This is more pie-in-the-sky wish list liberalism. Chicago has been losing population since 1950 (3,620,962) and has nearly a million fewer people today (2,696,555) than it did 71 years ago. Most wealthy, transit-rich parts of the city already have two and three flats within walking distance of a train station. Yet, the mayor, in her infinite wisdom, wants to force density into areas that don’t support or want density. There’s just not enough people in Chicago anymore to support the kind of density this bill requires. That’s why this bill is about one thing: destroying existing residential communities on the… Read more »
Lightfoot Pushing Major Power Grab To (1) Wage War On Cars Citywide; (2) Ban Single Family Housing; (3) Silence Neighborhood Opposition To Crime Generating, Property Value Destroying, Low Income Government Subsidized Housing; (4) Allow Developers To Dump Their Parking Problems On Neighborhood Streets; And (5) Micro-Manage Neighborhood Development