-- 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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Energy prices falling? What? My Nicor gas bill for Nov/Dec was the highest it’s been in at least two years, that’s only as far back as the online system goes, and I feel like it’s the largest bill I’ve paid to them.
it’s going to be a long, cold winter. Look at what’s coming next week and beyond. Bitter cold, not going above freezing for weeks.
Under Bidet I expect $300 per month hearing bills to become the new normal. Build Back Broker….
Just received my Dec. bill – 38% higher than last Dec.
This is what is coming next. It’s going to be $500 a month to heat a fully insulated 3 bedroom/2 bath suburban home. Gas bills are going to break many households already on the edge.
As we all take cold showers, we can think to ourselves, “WE SACRIFICE FOR UKRAINE!”
Something smells fishy about Nicor gas prices. For Dec Nicor is 84 cents per therm down 30 cents from Nov but People gas is 55 cent and North shore gas is 45 cents for Dec. I contacted them on my utility page and asked what’s going on. They replied soon and said they go by market price. I will contact them again and suggest they buy some from North Shore Gas. Contact them ASAP and voice your opinion. Nicor is the highest in the state. There needs to be an investigation and try to contact your local state rep or… Read more »
They’re bribing somebody. That’s why they charge a higher rate. We saw it with ComEd.