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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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Lightfoot says “…I’m dubious”.
One of the definitions of dubious is “of questionable character”, so she is telling the truth, for once.
Most of the players live in the north burbs already.
With the crime rate as it is I wouldn’t attend anything in the City anymore
Did BD Lori just offer the Bears billions of dollars? Sure sounds like it. She just got played!
Lightfoot is f^^king clueless – Bears fans can’t wait to dump Soldier Field — most of their fan base is in the NW suburbs — why would they wan to deal with downtown traffic/crime-thugs when they can see the game in a modern field close to where they live
I’d bet most of their fanbase is in the collar county suburbs. To your point when we still lived in Ill-annoy our town was 35 miles from The Loop (and by extension, Soldier Field). Not even taking into account the skyrocketing crime, a drive into Chicago on I-55 to Lake Sh, sorry, Jean Baptiste DuSable Drive and Soldier Field on a Sunday would’ve taken us roughly two hours from our house given how screwed up traffic was then and is now. (And believe me, there were trips we took to see the White Sox play at home that took an… Read more »
If they move to Arlington the thugs will now have to commute to do their nefarious crimes. The fans won’t be coming into the thug kill zone.