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Comment: Chicago is not mentioned in this article, but the CTA is buying additional Proterra electric buses as it moves toward an all-electric fleet by 2040, as reported here. Proterra, which filed for bankruptcy, is discussed in this article.
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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These golf carts will make a fine rust outline as they sit still, about as productive as the patronage hires who dreamed up and ordered them. Resting silently at the back of the bus storage yard while the diesel and LNG powered buses do actual work, like the taxpayers that end up paying for their virtue signaling.
Little Pete Buttigieg gets crazy excited when he thinks about electric buses. He just loves them. Forget about the fact they are completely impractical and won’t last long. They’re electric!
CAUSE THEY DON;T WORK WELL?????????? NOT REALLY WELL THOUGHT OUT………..AS USUAL….ALL ABOUT GRABBING TAXPAYER MONEY FOR BS!!!!!!!!
Money laundering, oh so many ways
I’ll bet these will be great in the winter…. I wonder…has the morons making these decisions in the City of Chicago done the math on how much power these buses need to charge, included the cost of building the new substations and generating plants to provide the power, how much time is needed for them to charge, how the temperature impacts their performance? huh, anyone – No of course not. This will be another multi-billion dollar waste of money. Another oops. Another channel for corruption and graft. This has got to stop.
THAT IS ALL THEY KNOW HOW TO DO IS WASTE TAXPAYER MONEY…..IT’S A TALENT FOR THE DEMOCRATS SO THEY CAN KEEP GRABBING MORE OF YOUR MONEY!!!!!!!!!