-- Connecting the dots between our economy, government and business --
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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Given how obsolete and outdated a facility Soldier Field has become, they ought to call it “Myspace Field”
LOL
LGTBQ field
Hey Bigot, you forgot to include the (I) Intersex, (A) Ally, and + (Rock Spiders), it’s LGBTQIA+ now.
“Sold yer Field”
Wrong Joe Solider Field is a National Historic Landmark so it won`t be torn down anytime soon do a little research
George,
The NHL designation doesn’t prohibit demolition outright; it just makes it more difficult.
Soldier Field lost its NHL listing in 2006. I’m gonna raise my bet.
For a quick read on the future of Soldier Field just Google on the Pontiac Silverdome.
Yes, you read that right. It sold for the price of a Chicago Grey Stone. The city of Pontiac was happy that a developer took it off their hands, paid to have it torn down and put a new Amazon facility on their property tax rolls!