-- 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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Green grift democrats pushing electric cars no one wants
— too expensive
— charging is a pain in the ass
— fire hazard batteries
— batteries cost a fortune to replace
— they are shit for road trips
— they are shit for cold weather
and
— they are more unreliable than real cars (per Consumer Reports)
She says “There is no opposition to this bill…” despite 16 votes against the bill. Such scumbag liars. This is a huge cost with very little benefit.