-- Connecting the dots between our economy, government and business --
Mark joined Jeff Daly to talk about the demise of Lion Electric, the general decline of the green energy and EV market, the scandals that Chinese company Fuyao Glass has been involved in, and more.
Read more from Wirepoints:
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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I suggest anyone interested in this watch the “American Factory” documentary that describes the Fuyao owned glass plant in Ohio. One thing for sure one can grasp from the documentary is that the Chinese are certainly no fan of USA unions and to this day that plant is not unionized. In view of that I find it rather strange that this plant will be in Illinois which is supposed to be such a strrong union State. Can we assume that Pritzker is not as pro union as he portrays himself?
Hmm.. why the impetus to have Chinese run formerly American glass factories? I m not buying the ignorance of Pritzger regarding this issue, as anything with a dollar attached to it surely has his interest.
They may want to ask.
” Who are you paying off and how much you’re paying”.
In a more subtle way .
Pritzker needs to stop recruiting Chinese companies that import illegal Chinese workers smuggled into this country to work in their factories. Nothing more than JB condoning slavery by Fuyao. Not creating jobs for IL residents. They’re located now in Ohio and Ohio is investigating this Chinese company. What’s wrong with Pritzker?
Better question: what’s right with Pritzker?
Nothing.
He has DC aspirations – wanting to deliver for the American people what he’s visited upon the citizens of Illinois.
He may have enough money to sell himself to uninformed voters – heaven forbid!