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.
A race to the bottom and the winner is Lion.
They are the least capitalized company with
The worst product. Behind them is Rivian
Soon to be facing capital issues.
The best of the bunch is Tesla, they have enough capital to hang on for at least 3 to 5
Years but will not be a Ford in longevity.
Your tax dollars on the way! The Chicago Board of Bducation has been given a 20 million dollar grant from the EPA to buy 50 electric school buses. The thing that is strange is Chicago B.O.E. has has no bus drivers and they usually farm out the bus service to independent companies. Wonder how this is gonna work out.
More taxpayer money thrown down the toilet bowl of America they call Illinois. And of course the government stooges are grifting off this money and pocketing it, its exactly what Obammy started when he subsidized millions to solyndra. But keep being good little self hater losers who vote democrat, democrat party needs you to be a perpetual victim so they can keep sucking off you for tax dollars.
Remember that BS well with obummer…..scam worked well so here we go again!