-- 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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These expanded golf carts remain in the developmental stage. The charging requirements make them impractical for anything except short trips (local travel). Naturally, the Climate Clerics want to force Americans into these outrageously expensive primordial machines, despite their having no effect on the weather whatsoever.
This climate madness must end, or people are going to be killed like the Aztecs murdered their citizens in service to their sun god.
Are any EV plants north, south or in Canada signatory to UAW seems a big questions that none of these articles address?
Illinois is pushing electric cars no one wants, no one can afford
who can afford the gas cars either? It’s ridiculous. I gave my +10yr old car to my 20 something since I (hopefully) retired