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"It appears the alarmists were right, and Pritzker and the green lobby were wrong." That would be Wirepoints, a few in the General Assembly and not many others.
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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Mommy what did we have before we used candles? This horrible thing called electricity dear, but it was bad. Put on your glasses and go read a book.
Kudos to Wirepoints– Again! I followed this utilities discussion in a lot of detail as the legislation was kicking around, and there was not one other media source that paid a hoot of attention to it. It just shows the laziness and ineptitude of the mainstream media. They don’t have knowledgeable staff, aggressive investigators or competent editors. Whoever feeds them softball puff pieces controls the info that gets published. As I have said before, one of the major problems with the our state is not the Dem politicians– it is the lazy corrupt media that does not do the job… Read more »
Hmm.. yet those nebulous taxes keep appearing on your money bill, don’t they? Whether you know it or not, those that pay their bills are underwriting the cost of those that don’t, in the form of mysterious green taxes, usage taxes, taxes for keeping your line hooked up etc. It’s a scam folks, aided and abetted by your “look the other way” politicians and you’re forced to pay it because it’s a “ tax “.
But we can take comfort knowing that each of us will be equitably freezing in the dark. CEJA, the big energy bill, is brimming with “equity” and social justice goals. As we wrote earlier, it includes such things as a state-run Green Bank, a Clean Jobs Workforce Hubs Program; “environmental justice communities”; job creation for ex-offenders and former foster children; “energy empowerment zones”; workforce and training including soft skills and math to ensure communities of color, returning citizens, foster care communities and others understand clean energy opportunities; stipends for jobs and apprenticeships, including funding for transportation and child care; access to… Read more »
All to create pork for their “friends.” No metrics for success. Nobody watching the use of the money. Just a slush fund that can be thrown around to benefit them and their friends, alla Madigan. And the media eats it up and the slaves are mesmerized by the grand sounding platitudes and the simps really believe that all of this will benefit persons of color. It’s a refined system that works on a populous that is supine and perfectly content with being slaves.
What do power generating and distribution companies know about power generation and distribution? Obviously nothing. How dare anyone question the wisdom of our Trust Fund Baby-in-Chief, JB the Hutt? The Climate is going to kill us all. Don’t you plebes know that we need to sacrifice a few meaningless lives in service to the Sun-god? All facetious of course. Anyone with a functioning brain stem had long ago figured out that the Climate Clerics were peddling a religion. They would scream ‘hottest Summer ever’, until someone looked at the fine print and found that they looked all the way back… Read more »
Well railroader you must be close to Romeoville by me that plant has already started the process of tear down unfortunately, there will be some training for local fire departments
Forgot to add the mayor of Romeoville pushed for its closure he always stated it was a eye sore
Alas. Residents of Romeoville, Lemont, Lockport and the surrounding communities can look at the sky and freeze/fry. In the dark. Minus the eyesore.
Might be time to build that ‘Power Plant in a Box’ project. Hmmm…
Do you ask yourself how anyone can look at Chicago and Illinois and claim Prickster has any answers? That question makes sense to the rational person, but Chicago and Illinois democrats are not about fixing Illinois. They are about organized crime and control of their slaves. So stop asking yourself why aren’t they doing anything to help and start asking yourself how they are going to steal from you today.
It’s all shaping up like you slaves will have a barrel of laughs in 2025 and thereafter. I hope you enjoy it. I know I will. Enablers deserve every bit of it.
This is all by design. Remember, YOU, deplorable, are the carbon they intend to reduce. They don’t want you to be mobile or move around and use electricity. Your global elite leaders – of which JB is as a billionaire – has plans for you, peasant. Remember to note, that throughout all of history, most people lived and died in the same town in which they were born, and rarely if ever traveled more than 50 miles from their birthplace, unless they were recruited for a war, were enslaved by others, or were in the merchant class. It was a… Read more »
Good rant and very true. In-laws coming to America from Ireland was told that grandma from her chair would say ‘Danny put your feet in the dirt by the door and make a mark, for I know I shall never see you again’ And that’s how it was, off to the America to Chicago never to return to that little plot of land in Ireland. Money was wired back from time to time to the old farm, but that was it. There was no going back, except in memory and song.
I’m shocked! Shocked! Shocked that JB the Hutt was gaslighting…again!. Who am I kidding? Fat boy has a better chance of being Mr. Olympia than he does of telling the truth.
This situation, like others of Pritzker’s, were designed to create headlines for an individual determined to run for President under the banners of far left idealism. Like some of his other headline grabbing moves this situation too is unraveling as we watch. In addition to the described power problems Southern Illinois miners and power plant employees were put out of well paying productive jobs thanks to Pritzker’s edicts. The Democrats, supposed champions of these workers, cheered Pritzker on along the way of his paths of destruction. At one time I thought on a that James Edgar, of Edgar Ramp fames… Read more »
We live in a progressive utopia, there are no pieces to pick up.
We’ve been pounding on this for a long time and nobody listened. Good piece here by the Tribune, but they might have added the interconnection problem, which we have written about, that is just as serious as the production problem. And I doubt batteries are much of a solution.
Who would of thunk that the people who make a living running power plants and distribution systems as well as answering to shareholders would know more about energy than Leftist Democrats with their ‘Climate Change’ ideology and hordes of ‘green energy’ grifters? Also, like only a few other states, IL is Blessed with an enormous resource of coal that doesn’t require really deep mines to harvest. Why in the world would perfectly good, fairly modern coal plants be stranded!?!?!?
Yes it is a good piece but where was the Trib at during the situations unfolding?
Right on, Riverbender. It seemed obvious to me that CEJA was garbage from the start. We wrote about here often while it was being drafted and after it passed. As I wrote at the time it would have been less stupid for the state to just write a check to one of those scam “energy offset” programs. Norway did that. https://wirepoints.org/should-illinois-follow-norways-lead-to-break-impasse-on-energy-bill-by-just-writing-a-check-wirepoints/
Pritzker and Leftist Democrats want IL to be just like CA, with sky high peak rates and rolling blackouts. Wonder what the goof ball Sorenson thinks? Oh yeah, IL has late term abortion so there.
Yep, democrats doing what they do best, ruining, destroying everything they touch.
So this guy wants 1M EV’s by 2030 and very little electricity to charge them. Typical Pol. Maybe they can be charged by osmosis.