-- 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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That’s over $1M per charging station – sounds about right for IL.
Wo Ho, can’t wait for the first group of charging station to open. The time needed
To build enough of them at this pace is about
50 years. The whole idea is a joke but El Gordo will push forward, he can’t steal our
Money fast enough to spend.
All of the copper 1/0 or 2/0 cable will not cause a theft problem will it? No what in the wide wide world of sport was I thinking.
ALL THESE PEOPLE AND 1 BRAINCELL………………………