-- 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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There is zero chance that Illinois will have 1,000,000 EVs on the road by 2030. Why should anyone waste their money on overpriced electric garbage. Especially when Governor Carnival Barker has a gigantic carbon footprint. Rules for thee but not for me! It’s the Pritzker way of life.
Gov. Pritzker’s speedboats among most expensive on Geneva Lake – July 2, 2019 When Gov. J.B. Pritzker was caught speeding on Geneva Lake in Wisconsin last month, he was driving a sleek, custom-built wooden speedboat that’s among the most expensive on the lake. At 8:30 p.m. on June 7, the Geneva Lake Law Enforcement Agency issued Pritzker a warning for traveling 11 to 15 mph over the speed limit, according to Tom Hausner, commander of the agency. Pritzker was traveling on Williams Bay at 41 mph, Pritzker’s spokeswoman Jordan Abudayyeh told the Tribune last week. Boats on Geneva Lake are… Read more »
Pic of a CARBON GUZZLING Van dam boat
Lofty goal, JB.
Lead by example and replace the state’s fleets with electric vehicles.
If it’s good enough for citizens it should be good enough for the state/county, right?
Fed did that at some places and the cars are unused. No money and no charging stations, it certainly cut emissions and a whole lot of work now not getting done.
Another bust out like obummers solendra…….
Hopefully he’ll be gone long before then and people can get back to common sense!
EV’S are terrible……batteries blow without notice, start on fire, bad mileage, long charge time, don’t go far on a charge especially in winter………..THEY S*ck ……much like this administration!! They damage the streets also cause of the weight!