-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Electric heat is EXPENSIVE – where do these fools get their data?
Let the market decide the winners sad losers in the energy game. Politicians should get out of the energy business.
With whom are they consulting? Hunter Biden with his extensive experience working with Burisma?
Stupid chickens!!!
Dont try to think rationally to decipher a libtard’s actions it’s all about the Bengamin$. Follow the money and you will find out who is pushing this inflationary idiocy.
These people are so brainwashed and stupid.
And destructive.
But powerful.
I’d be interested to see the data that says electricity is cheaper than gas. And how can turning gas into electricity and then back into heat for cooking and heating the home be more efficient than using gas as the fuel at home?
There is no data. The goal is to prevent you from eating.
simple, you just need a magic federal $money$/ debt printing press to make the fake-equity energy green deal hustle to work….just like all the other delusional fake-progressive equity hustle stuff
When coal and natural gas are banned — and Chicago democrats are running a city owned electric utility — Chicago will have a third world power grid nightmare