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.
Dont worry about a thing folks. All that electricity generated by the nuke plants will be covered by solar and wind turbines. Does anybody out there wanna buy a bridge, or believe in the Easter bunny or the Tooth Fairy?
If 25% of overall electric sales must come from renewable energy by 2025 then the mandate is really a cap on electric sales. Rolling blackouts coming soon to your neighborhood just like CA.