-- 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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Homeless encampments are not suitable use for public right-of-way viaducts. Obvious big safety hazard for motorists, pedestrians, and squatters themselves. Obvious legal liability issue for City of Chicago too. Blame Mayor’s Office and Streets and Sanitation Department for benignly tolerating such illegal trespass and unauthorized use of public property by squatters.
Wait for attorney to sue city on behalf of squatters, for failing to ensure their safety within public right-of-way.
Viaduct? Watch the Marx Bros explain it.
https://www.youtube.com/watch?v=kHMrLpDHXc0
Its deep water that’s why a duck.Why not a ford ?
this is another homeless encampment fire on NW side from a month ago that WGN briefly covered:
Fire in North Park destroys belongings of some sheltering beneath bridgehttps://www.youtube.com/watch?v=LW8GSuY3siY
All encampments under a viaduct should have fire extinguishers mounted on the walls.