-- Connecting the dots between our economy, government and business --
Former U.S. Ambassador Joseph Cella: "When taxpayers, citizen activists, state legislators, and members of Congress ask basic unasked questions on the hardest matters involving Gotion and the national security threat it presents, Gotion and its advocates set out to crush local opposition. We have seen it all in Michigan — media coverage, mocking, spin, pushback and shrill charges such as “xenophobia” and “racism." This textbook disinformation is what happens when state and local governments become intertwined with a PRC-based and CCP-tied company."
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
I’m surprised Crain’s printed this after it published the silly and inaccurate puff piece supporting the project by Greg Hinz.
I think they know Hinz is full of shit.
Pritzker is a useful idiot for the Chi-Comms
https://en.wikipedia.org/wiki/Useful_idiot