-- 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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Heat pumps require an auxiliary source of heat below 15-20. It can either be electrical resistance heat or gas heat. I used to have it in Ohio so I know. It’s cheaper up to that point although that depends on the cost of electric being fairly priced.
Heat pumps do not work below 20F – these residences are unlivable.
How shortsighted and heartless of you considering issues of this mortal coil. On most every day in January and February, these lucky residents can warm themselves with the cloak of climate and environmental purity and ponder their good fortune in voting for Democrats all of their lives. Isn’t that enviable and blessed?
Chicago Ban On Gas Appliances Is Another Race Hustle Clown Car
As utility prices become unaffordable, Pritzker implements the policies Communist always go to, which is for the government (taxpayers), to pay the utility bills of the army of poor, that they themselves created, and send the bill to the Middle class. Pritzker is going to do to the Illinois Middle Class what California did to its. It’s right in front of our faces; have a look.
A typically idiotic Democrat solution. Natural gas appliances and heat are much less expensive per unit of energy than electricity. So these poor suckers in the lower income homes get giveaway electric appliances but are strapped with sky high electric bills. All in the name of the climate change hoax and Democrat idiocy.
Paid for by a bond fund (debt) to be installed by one of three contractors (bribe your alderman) in rfq from Chicago Dept of Housing ( slush fund and free campaign labor). I love the smell of corruption in the morning.