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.
If they don’t have the intelligence to ask for information on a foreign entity that will be coming in and impacting their local economy, they shouldn’t be surprised when they lose total control around this plant, the related energy use and their air quality. It starts with Manteno and spreads like a virus from there. Seems like money gets people to look the other way.
China builds the very best electric vehicles. Electric cars are the future, last thing Illinois cares about is the future (because Illinois has little future).
I wonder if Manteno trustees getting a kickback? From what I’ve read citizens don’t want a CCP company in their community.
When’s the next election? These Manteno trustees NEED TO GO!