-- 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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Just as gas stations are paid for by auto and truck owners , charging stations should be paid for by EV owners, not taxpayers.
Chicago is filled with multi unit apartment buildings. 6 flats, 8s, 12s, 24s, 64s with no parking spots. EVs simply are a luxury for wealthy climate change believers.
Mr. Horton should put his own money at risk instead of directing companies to do so. Typical liberal Northwestern moron, giving the standard line of some disenfranchised group. Give us stuff! Pound sand Mr. Horton.
And again it’s all about Political climate change.