-- 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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The city will spend untold thousands of dollars buying mini snowplows to keep the bike lanes clear and open during the winter.
With Dems in charge of energy policy, bikes are the future.
And who’s going to pour that concrete? The union guys, that’s who. Another way to funnel gobs of money to blue voters. This whole thing is a waste of taxpayer dollars. A few years from now the headline will be “Bike Lane Curbs to be Removed for Safety”.
Bike lanes in places that have sometimes severe winter weather, good idea.
Leaving work yesterday, I saw a biker weave out of the bike lane into the car lane to pass another biker. How are these guys gonna deftly maneuver and muscle for rank if they’re boxed in like sardines? Set the bikers free!
Waste of money. Nothing new, move along.
Millions being spent on the most privileged, pampered, people in Chicago
nary a mention of cost.