-- 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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Fact, it takes about 400 to 450 gallons of water to put out a car fire now, it takes around 14,000 gallons of water to put out of lithium ion (EV) car fire. Does anyone realize how lethal these batteries are, what about disposal Pritzker, politicians, has anyone given it any thought, we’re still dealing with tire disposal and car batteries. The age of renewable energy is just not ready yet for massive release only the politicians pocket books are.
JB is a as-! as well as a slimy coward
MAGA 2022,2024