-- 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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On the plus side those EV buses will never use any energy. Just sitting there and decomposing.
$95M. Spent on products that were not delivered. Instead of everybody shrugging their shoulders and saying “thats the way it goes”…Doesn’t someone need to got to friggin jail? Don’t our elected officials need to have some level of responsibility to even FEEL or even FAKE interest in a need to make this right for the tax payer of Illinois? $95M! Government is out of control.
Soon, the ‘lion’ will meet the ‘lamb’…
The light of truth is shining into the darkness & I rejoice…
Seeing the picture of all the grifters attending DJT’s speech, their faces reveal the realization that their decades long grifts are coming to an end…
Good news for us taxpayers…
Now we need to be alert for the next generation of grifters & malfeasants…
Nay nay! For JB the Hutt has decreed Lion Electric a ‘success’.
That must mean the DNC donation checks cleared.
The EV buses do not pollute Earths atmosphere, however the buses were never built, never worked, never delivered, never put in service. A true miracle!
Which means they REALLY didn’t pollute. Cue the leftist graphs that show how successful this green energy plan was.