-- 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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Another lie. Good luck charging all those electric cars during the brown outs. You may need to find an alternate way to get to work to keep paying those taxes.
JB is dumb enough to think that Solar Panels work at night and that Windmills work the 55% of the time that the wind doesn’t blow so…..that must make him an expert on electricity brownouts.Rest assured, Illinois, JB is an expert and is on top of it. Youze chumbolones just shaddayp and gets back to paying youze taxes.
I heard thru the grapevine that JB is heavily invested in Lunar Panels.
My goodness, the gaslighting from Pritzker and Democrats continues. I think Ameren and MISO know what they are warning us about. How’d buying power at peak usage work out for CA?
Of course he doesn’t.
As the Supreme Leader of Illinois he has declared budget balanced, and the state of emergency to continue (how long is it now?).
As SL he can declare brownouts are a small sacrifice Illinoisans are happy to make in the war against climate change.
BTW, the climate’s been changing for millennia but that’s beside the point.