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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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Another dig at America on his way out. Anyone else worried that this megalomaniac has the nuclear code?
Grifter Joe tosses his donors $5 Billion of taxpayer funds.
This is criminal misuse of taxpayer funds.
Have read that a typical electric car does not become “carbon neutral” until perhaps 75,000 miles but that’s assuming they are recharged 100% with electricity from renewable resources. What is the carbon neutral projection for these 8000-9500 lb behemoths? Meanwhile Secretary of Transportation Mayor Pete spent billions to build 8 recharging stations and many oppose nuclear and coal power. It’s an insane dynamic of putting the cart before the horse; ready fire, aim.
I don’t think Joe is making any of the decisions right now. It’s either Obama pulling the strings or some evil cabal of the extreme progressive left, or both. While this Rivian gift is outrageous, it’s the decision to allow Ukraine to use our missiles to bomb inside Russia that is dangerous. This is an effort to escalate the conflict to a point where Trump will not be able to stop supporting Ukraine without looking weak. I used to be more tolerant of the left but at this point they should be destroyed. Trump should be publicly tolerant of the… Read more »
Here’s the message to taxpayers from the democrats “Bend over you will buy an EV”
Joe doing as much damage as he can on the way out, just like Foxx and other loyal Democrats.
Something similar happened towards the end of WW2 in Germany. My assumption is that Biden, who’s mental competence is questionable, is determined to punish the USA for not letting him have a second term. Wild deficit spending, immigration and wars are flourishing yet the Congress does nothing to reign him in.
Biden isn’t making any decisions. The Biden Junta – the people behind him responsible for policy decisions – along with the Deep State, unelected lifelong Democrat bureaucrats responsible for administrative decisions and law making, are actively sabotaging Trump’s incoming administration. Right now the DC area is really on edge, expecting massive job cuts and an end to the gravy train, so they’re willing to burn it all down if they can’t get what they want.
What you say is true however don’t forget two things. Biden is still the President of the USA and holds certain powers and the people behind him that you mention threw him under the bus to run Kamala instead. My thoughts are Biden’s anger is at its worse when directed at his so called handlers because to him they are the very ones that sold him out. To Biden it is simply payback.
Absolutely positively sickening, what a waste of taxpayers money on a loosing proposition but Pritzker could care less it’s not his money such a loser Pritzker.