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Just as the World’s Columbian Exposition in Jackson Park shaped the development of South Shore in the past, residents say the Obama Presidential Center could shape its future, even as some worry about the displacement of current residents.
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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Toxic Narcissist/Failed President Obama — Whose Claim To Fame Was Being An Alleged ‘Community Organizer’ — Still Refuses To Sign A Community Benefits Agreement — For The South Shore Community That Will Bear The Brunt Of The Burden — Of His Jackson Park Public Land Theft
The Obama Center will be like a casino: people come, gamble, go home. No one visiting the center is going to explore the neighborhood, unless it gentrifies.