-- Connecting the dots between our economy, government and business --
Mayor Brandon Johnson’s administration says there’s no money left to do something about the 25-plus tents at Gompers Park after the city has spent $70 million in federal money since 2020 on homelessness.
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
From the photos, a few important questions arise: 1) If the ball goes in or near a tent, will the tent owner keep the ball? 2) If the owner keeps the ball, would that result in a stoppage of play? 3) If the ball is in play, and a tent owner takes the ball, would that be a ground-rule double? In any case, it looks like the baseball ground rules for that ball park need to be amended.
Obviously you don’t have children in the area of Gompers.
Obviously you do not have a sense of humor.
From the picture, it would appear that these people could live along the first and third base lines of Comiskey Park. I don’t think having to return a batted ball will be much of an issue.