-- 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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They snapped their fingers and the pandemic was solved. Now they say they will snap their fingers and the state will become fully green energy. What powerful fingers they have.
No, it’s an opportunity to turn to domestic production and not rely on unstable governments.
Low-Information, Economically/Scientifically Illiterate Illinois Democrat Congressman Sean Casten Thinks US Can Shift From Gas To Electric Cars Overnight — When The Money, Technology And Natural Resources To Make That Happen Are Unavailable – The Hill
Smarmy Sean needs to shut up and hope he isn’t swept out in the red wave. Another SJW progressive who doesn’t believe in law and order.
Why do these progressives keep doubling down on obvious failure?
He proposed more green energy investment, which will take years to (maybe) become a viable alternative to fossil fuels. But those who advocate immediately increasing fossil fuel energy in U.S. are foolish because it would take too long? We had energy independence a year ago.
John Kerry and Bill Gates should fly their private jets to Ukraine and see the carnage their stupid policies helped create. They handed Putin the $$$ and leverage to do what he has always dreamed of doing.
Casten knows what he’s saying is nonsense. But he thinks its what the wingnuts in his district want to hear. Isn’t he running in a contentious primary against the crazy nutjob lady who groomer her own child into a trans? Springfield created a hispanic district this year and are making casten and newman duke it out.
While we adjust to a life without fossil fuels, we can return to the ways of our ancestors, in 1850. Whip and Buggy maker stocks will be hot again!