-- Connecting the dots between our economy, government and business --
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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4000+ gas stations is a lot of votes from owners, family, employees etc. Note to all of the, stop voting for democrats. It’s that easy. In the meantime those who live near a bordering state take a nice back road ride and fuel up there. My choice is Wisconsin where fuels prices are generally much lower. I paid $3.05.9 the other day when gas in Illinois was $3.49.9 saving almost $6.00. I’m saving $30 to $40 a month by taking a short 7 minute ride, close to $500 a year. It’s worth it.
I don’t think the Fat Man will be truly happy until he gets the Gas prices up to California standards…I was out there two weeks ago – $6.25 for regular. Almost $8 for premium. Insanity.
JB our Governor working for you!
This is GREEN electric has driven up all our costs too!
If a horrible to the environment lithium plant made sense the government wouldn’t have to fund it!