-- 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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Gas went from $4.09 to $4.29 overnight here in the south suburbs
Also Nicor gas did use all a favor they went from 68 cents per therm in Dec 2021 to 63 in Jan 22, Feb 22 55, now the greedy bastards went back up to 68 cents for the month of March 2022, when will this ever end.
Everytime someone fills up at $4 a gallon, Biden’s poll numbers drop and the red wave in November takes another step forward.
Gas at some Rockford stations today is $4.09 for regular.
$4.19.9@ Willowbrook & Rockton Rd Speedway station. $3.25.9 @ Casey’s near Walmart in Beloit.
Luckily in less than 10 minutes I can cross into Wisconsin where the gas savings are abundant. Today on a short shopping jaunt I bought gas for $.94 cents a gallon less that the price in Illinois. 11 gallons @ .94 cents meant an almost $11.00 savings. Meanwhile fat boy vows to eliminate the automatic July gas increase of $.02 cents a gallon. Buy 100 gallons and save a whopping $2.00. Democraps are the political party for the working men and women!