-- 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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Simple question: has IL converted their fleets to EV?
If not, why not?
Lead by example Jay Robert!!
Although I agree with your sentiment…
It would be huge boondoggle…
That we the taxpayers would foot the bill for…
According to IL Secy of State there are 7,509,017 vehicles in the State of Illinois (Alexi would never lie unless you were an investor in his daddy’s failing bank). And JB somehow thinks that 1 MIl in IL will be electric in six years – 1,000,000/7,509,017 = 14% is moronic. But his Pravda media will puff this for his 2028 Presidential Campaign.
South Korea just “put the brakes” on EVs because of fire problem: https://www.dw.com/en/south-koreans-hit-the-brakes-on-evs-after-battery-fires/a-69978616
Pritzker should find a new windmill to tilt at, because internal combustion engines aren’t going anywhere. Maybe Kamala, JB and Mayor Pete can form a support group to prop up their spirits while the rest of us tool around town in our gas guzzlers. With idiots like this trying to take control of our lives, we may as well enjoy ourselves and get this global climate change thing kicked into high gear.
There was a car on fire at the Rivian plant parking lot. I wonder if it was an EV? No details yet.
https://www.yahoo.com/news/fire-crews-respond-vehicle-fire-135504603.html
Does anyone know if homeowners insurance costs more if you park an EV in them?
“A” car on fire? More like 50 EVs waiting to be shipped to customers:
https://insideevs.com/news/731281/rivian-factory-fire-r1s-r1t/
Here’s another nail in the coffin for EV’s in Germany. Here in Illinois our governor is throwing hard earned taxpayer money to them as fast as he can. Hybrids should be first like Toyota has been doing. The Rav4 Hybrid is hard to find and orders may be 3 months or more to get a new model. We need an inexpensive sub $15K EV for urban use only with quick 110 charge with a range of 125 miles or so and without all the bells and whistles which can cost close to $90K. Then they may become more popular. The… Read more »