-- 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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All the electricity needed to power Pritzker’s EV utopia will come from unicorn farts and fairy belches.
Solar is alright,
but
NUKES DO IT ALL NIGHT!!
This is all about Pritzkers 2024 Presidential campaign. He can wear the cloak of climate change green energy purity and most Democrat voters who think that electricity comes from a power outlet in the wall will fall for it.
Just look at the facts, nuclear power has been the most reliable and lowest cost energy source in Illinois; as well a no carbon emissions. .Stupid is as stupid does.
It’s not stupid, they know what they are doing. YOU are the carbon they want to reduce. People will die without reliable energy in today’s world. They know this. And they always see your death, peasant, as the solution to saving Gaia Mother Earth.
And of course they expect to be above the fray when the SHTF!