-- 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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Is this a charitable contribution for those who pay it? For ComEd is that tax deductible? Surely those who pay should be able to deduct.
Doug Scott and the Illinois Commerce commission are forcing the states utilities to socialize these cost and shift the cost to paying customers! Scott was removed from the ICC in 2013 or 14 and should be removed now during his tenure bills increase sharply then decreased he returns and bills skyrocket!!!!!
The only solution to this and other thefts like this
is to VOTE the Democratic as_holes out.
they will continue to steal your money and
piss it away to these programs and others.
People cannot afford electricity tough that is why
God created candles.
Dont forget when it’s time to vote the head as_hole Pritzker out.
Com Ed already is FORCING you to “DONATE” to their REBATE PLAN which THEY CONTROL!!
That is the communist way, and Illinois legislators and governor know how to implement it perfectly!
I wonder when the governor and legislators will approve funds to build a wall around Illinois.
This needs to go to the courts, this crap has to stop and stop now, I personally will not pay this on my bill, it will be omitted
Good luck with that plan. Have fun with your late charges and eventually no electricity.
Hardly, late charges on something that’s discriminatory and no electricity doubt that.