-- 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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You will start to see hundreds of extension cords hanging out of apartment windows to charge their cars. Make sure you have different color cords to see which one is yours. At night sneak a cord into your neighbors outlet to save money. Cover that cord with hay so you won’t get caught.
And how long until they mandate that you must buy only a EV to drive?
Lets’ see
— half the range when temperature goes below 40 degrees
— impossible to find chargers
— once you find a charger, it takes an hour to charge — versus 3 minutes at the gas pump
— prices start at an affordable $85,000 for a basic family vehicle
— if you get in an accident, the ambulance will easily find you, by looking for the giant battery fire inferno that lasts for 2 days
Yeah — that sounds great!!
The progs. A lifestyle so great it’s mandatory.
Bingo!