-- 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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Maybe Toilets didn’t see brownouts coming because they plan to raise electricity to prices people can’t afford.
Keeping voting Democrat. You reap what you sow.
Thank your progressive liberal governor for your higher energy bills.
We knew this was going to happen when the Green New Deal was being pushed thru way too fast. We were told to switch to LED lights to save energy and then Com Ed raises their rates to compensate loss in revenue. EV’s are too expensive for most and take a long time charging. Natural gas is up almost 350% from .28 cent per therm to now $1.24 in two years and may get higher. They told us natural gas burns cleaner for decades now and all of a sudden it contains all sorts of toxic chemicals. https://www.wbur.org/news/2022/06/28/natural-gas-health-methane-harvard-air-toxics https://www.ecowatch.com/natural-gas-toxic-chemicals.html Is… Read more »
”they” said the poles would be ice free by 2020. . .
It’s called trying to fly a plane while building it.
No forethought, just full steam ahead. What an idiot is our own JB!
We’re installing a backup generator this week – hope we won’t need it, but thinking that we may.
What type of fuel will you be using? Natural gas/propane or hybrid?
Cow manure!