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House Bill 2132 will allow the state to begin taking the initial steps to bring a large–scale offshore wind project to Lake Michigan. The legislation contains a provision requiring a community benefits agreement to ensure that the jobs generated from the project go towards the Black and Brown communities.
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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Notice all of supporting union groups listed at the bottom of the article. The whole Chicago union mafia is salivating to get their piece of this prime pork project. Of course some Illinois republicans also want to wet their beaks, so the bill can claim bi-partisan support. Way to go Illinois republicans!! Hopefully with racial equity (e. g. Racism) as the first and most important criteria in the evaluation process a challenge in the courts may be enough to stymie the progression of this effort to fleece Illinois taxpayers.
First major storm will destroy it. So much for taxpayer money.
Too bad windmills don’t work very well. We could build something else that isn’t politically gamed to put money in the wrong pockets.
You’re correct, Dave Hardy. They are inefficient and a nightmare when they eventually fail – what do you do with a behemoth wind turbine in the lake? Perhaps they’ll just let them settle on the lake bottom and call it a fish environment.
Stupid chickens!