-- 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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It’s a very long list of ‘Oh sheets!’ already by Pritzker in hammering everyday folks in IL, but CEJA is a BIG disqualifier for anyone who has aspirations for national office.
Failure? Nay Nay! This is yet another one of noted trust fund baby JB the Hutt (may he be praised) success stories!
Watch for the pleas for people to shut off their power and conserve, all while paying more every Month. Praise be The Hutt!
“The deliberate and artificial supply reduction increased prices and enabled the investment companies to produce extraordinary revenue gains by increasing the cost of electricity for American households. Their conspiracy violated multiple state and federal laws forbidding anticompetitive schemes and deceptive trade practices.” – Attorney General Ken Paxton Scores Major Win …
Im planning to remove da toilets from my house to lower da taxes so I can then pay for my much higher energy bill.
Thanks to his Largeness!!
I have a SF home in Chicago and another in Florida. Both about the same size and use the same total amount of electricity. My July electricity bill in Illinois was $355. Florida was $275. A 30% difference. Thanks to the People’s Republic of Illinois.
JB must be heavily invested in green energy. He doesn’t care about IL taxpayers
Put up some more wind mills JumboJB, that’s the ticket. Better yet, lets build a hydro electric plant that can only operate when it rains…
JB’s “Go Green, Go Broke” plan!