-- 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 decade long campaign of green energy corruption stated with JB.
Why can we only buy green expensive energy in Illinois?
It would really be funny f these power companies decided not to sell power to the government entities suing them. How long do you think Chicago city hall could run without electricity.
CHI would be up for grabs the first night that the funnin yutes figure out that there are no alarms, CC cameras, etc.