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.
Chicago is past its prime — not just water Tower Place. Time for a tear down renovation.
From “The Best of Yikes” or from “Yikes’ Greatest Hits: “… Mag Mile recovery is in full swing …”
Here I thought I was reading another WBEZ happy news headline. But Block Club is just a wanna-bee WBEZ, same sappy happy faux news. Michigan Ave is at ICU-stage call the priest stage.