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Gotion High-Tech has participated in the 863 Program and Torch Program, two initiatives identified as projects designed to acquire advanced technology and research to support the People’s Liberation Army, according to a DCNF review of corporate materials. Gotion High-Tech owns the U.S.-based Gotion, Inc., which is building large manufacturing facilities in Illinois and Michigan with generous taxpayer subsidies. It is receiving over $8 billion in U.S. taxpayer subsidies including $536 million from the State of Illinois.
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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The cadre in that picture has been buying homes in every suburb waiting for their instructions.
JB has no love for IL or America. The man is a globalist who just happens to have a position of power in IL, while the rest of his wealth and family power are spread elsewhere. Just like the pre-WWI royal families across Europe were all related, and had little connection to the countries they ruled, but rather, had more loyalty to each other, that’s how JB feels about his current office in IL. The Czars of Russia spoke French in their court and their spouses. They were raised by British nannies. JB went a prestigious boarding school for high… Read more »
And Illinois legislators are his sheep
Great write up!
All the Pritzkers are nobodies that just happen to have money.
A reminder to all to never, ever, book a Hyatt Hotel.
Governor Carnival Barker won’t enjoy this article at all.
Will these soldiers work at the plant with all their weapons? Invasion with open arms.