-- 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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Tesla is recalling 1.6M autos in China. Seems like EV’s have more problems than conventional cars. These self driving features on Tesla’s are on the road all around us so why should we feel safe?
https://www.msn.com/en-us/autos/other/tesla-recalls-16-million-cars-in-china-to-make-autopilot-fixes/ar-AA1mvja5
The proof is in the pudding. Most people don’t want or trust electric vehicles, no matter what Mayor Pete, Lying John Kerry, Jabba or Dementia Joe say. Check all the EVs on the dealer lots. Try again Tribune.
Did Rich Miller write this Tribune Editorial? I smell his vacuous and servile parroting dripping in each and every propaganda phrase and weasel word.
What garbage. Gotion opposition is limited to conservatives, it says. In truth, polls in IL and MI showed overwhelming bipartisan opposition. And EV doubters are Luddites, it says. Most Americans are Luddites, the Trib apparently thinks. They live in a bubble.
What a totally silly puff piece by the Trib Editorial Board. You just couldn’t kiss JB’s rear end any harder. The Trib fails to mention any of the hard truths about EVs and their batteries– the much higher vehicle cost, the electricity from coal fired plants necessary to make the batteries and cars, the mining scars left all over the world from the search for rare metals, the massive discarded battery dumps being hidden in many paces in the world, the inability of the US power grid to handle charging, the intolerable wait times for getting hooked up to a… Read more »