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.
Just like immigration policy, it’s easy to say you are for green energy projects to help the environment…until you actually have to do something about it…like carbon sequestration.
Hmm, is carbon capture the smell of my bathroom in the morning?
Don’t forget to lite a match.
Maybe the stuff can be sent to Texas and N.Dakota and be used to frack more oil. That would be a good thing.