-- 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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The power plants in addition to providing reliable low cost electric provided well paying jobs in Southern Illinois communities. All of it and just so Pritzker could tout his “accomplishments” of making Illinois green for his planned presidential run. He didn’t get the nod and now he has to sit with the mess he created as it unravels – sadly the citizens of Illinois do too
Closing modern coal fired electric plants in IL to please the cult of climate alarmists with their near useless windmills and demands for taxpayer subsidies. Pritzker gladly sold out IL with CEJA for his extremist political ambition.
Lets start with examining the power grid and feasibility of the electric age . Then go from there. Because we aren’t near ready
Repeal nearly all of the clean energy laws – one of the best idea’s ever proposed!