-- 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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Pace bus drivers are some of the loneliest people in the world. If you don’t like dealing with people, this is the job for you.
The PACE buses in my community, even during rush hour, are mostly empty or have one or two people. It would be cheaper, and faster, and more efficient, to use transit vans on these bus routes.
Same here. The one that stops at the train station during rush hour rarely drops anyone off. If it does it’s one person and there’s nobody else in the bus.
That’s it! We house the illegals on moving Pace buses!
Kind of like a free version of the downtown sightseeing buses.
You’re on fire today with the comedy , i like it!
Most of the regulars here have a great sense of humor. I view this comment section as banter in an old school Chicago neighborhood bar. Lots of guys and gals here that I would gladly have a beer with.
That would be fun and it is on our to-do list.
Crap Fax would have an operative or two at the gathering and doxx with pictures and names everyone anonymous commenter here the very next morning.
Up here around Evanston it seems the main riders of Pace buses are the homeless… the local homeless “services” outfit Connections for the Homeless hands out hundreds of CTA/Pace passes per week for their “clients”, who spend much of their time riding around the nice north burbs… there’s even a snazzy new Evanston – ORD express bus with wi-fi for them to live on; the Davis L Station here is “vagrant central”, lol… go here: https://evanstonroundtable.com/2023/11/01/pace-launches-new-express-bus-route-from-davis-to-ohare/ “Holiday travelers, rejoice: Just in time for Thanksgiving, the Pace Bus started a new express Pulse Dempster Line from Evanston’s Davis Street CTA station… Read more »