-- 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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Nuclear is one dependable carbon free source of power that exists today. If the Biden administration was not full of crap , they would be looking at a long overdue method to safely store the waste generated by these plants. The Congress is shirking its mandated responsibility to do exactly that. All the Greenies are blowing smoke up your rear when they tell you that Nuclear is bad and that Wind and Solar will save us. The people in Illinois State house better pull their heads out of their rears because I see no replacement for all the power generated… Read more »
Fukushima? Chernoble? How much carbon is going into those two fiascos?
You are a fool.
There is only one solution to global warming and it is nuclear power. Period. If the environmentalists actually give a fig about golbal warming than they would embrace nuclear power. But their goal isn’t really about the environment. Instead their objective is totalarartian control over peoples lives and determining who is worthy of consuming the earth’s resources and who isn’t worthy.