-- Connecting the dots between our economy, government and business --
In Illinois, the price of natural gas has gone up nearly every month compared to last year, according to the Illinois Consumer Commission. Nicor told one newspaper that heating bills for its residential customers are expected to reach an average of $971 this winter — a $450 increase.
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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The rise in fuel prices is the Democrat politicians fault!
From stopping pipelines to pushing the Green (BS) agenda and shutting down electrical plants.
I say burn wood from the Forest Preserve!