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Exelon Credit Rated Higher Than “Junk Status” City of Chicago and CPS
Wednesday, May 20, 2015 - Posted by Advertising Department [The following is a paid advertisement.] According to Moody’s, Exelon’s credit is rated (Baa2) two notches higher than Chicago (Ba1) and four notches higher than CPS (Ba3). Yet Exelon is demanding a $1.6 BILLION bailout from struggling family, business and government ratepayers including more than $20 million from Chicago and CPS. Maybe Exelon should be bailing out Chicago and CPS instead of the other way around! “A plan to financially reward Exelon Corp. for producing no-carbon energy and potentially save three Illinois nuclear plants from closure would cost ratepayers $1.6 billion over five years and strain budgets for financially strapped businesses and municipal governments, a study released Tuesday found.” - Associated Press, 4/21/15 ![]() We simply can’t afford to pad the pockets of Exelon shareholders while governments from Chicago to Cairo are in such dire straits. Businesses and governments can learn how much the bailout would cost them at www.noexelonbailout.com/calculator. Just say no to the Exelon bailout. Vote no on SB1585/HB3293. BEST Coalition is a 501C4 nonprofit group of dozens of business, consumer and government groups, as well as large and small businesses. Visit www.noexelonbailout.com.
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Keeping Illinois Nuclear Plants Open: Good For Our Communities & Illinois
Wednesday, May 20, 2015 - Posted by Advertising Department [The following is a paid advertisement.] Ben Lowers, Police Chief in Clinton, Illinois:
Outdated energy policies are forcing nuclear energy plants nationwide to close down and Clinton could be next. These closures devastate local communities. Jobs are lost. Services are cut. Last year, a Vermont town eliminated its entire police department after its local plant closed down. Clinton cannot afford this and neither can Illinois. That is why I support a legislative proposal called the Low Carbon Portfolio Standard. This proposal is good for our state’s economic health and would help prevent plants like Clinton Power Station from closing. I urge our legislators in Springfield to act now and vote YES on the Low Carbon Portfolio Standard - House Bill 3293 & Senate Bill 1585. To learn more go to www.nuclearpowersillinois.com
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Serving Consumers, Honoring Veterans – Credit Union Cooperative Values in Action
Wednesday, May 20, 2015 - Posted by Advertising Department [The following is a paid advertisement.] Credit unions are dedicated to fulfilling the daily financial needs of their membership and serving the needs of their communities. The movement’s “People Helping People” philosophy also motivates credit unions to participate in meaningful and important local activities, such as honoring our veterans. As a thank you for their ultimate sacrifice to our country, credit unions from across the state unite to sponsor wreaths to decorate the gravesites of veterans from each branch of the military during the holidays. This past year, through member donations collected at their branches and with funds directly provided by the credit unions themselves, nearly 570 gravesites were decorated with wreaths sponsored by Illinois credit unions at the Abraham Lincoln National Cemetery, as well as at Arlington National Cemetery in Washington, D.C. True to their mission, groups of volunteers from Illinois credit unions also participate in the ceremonial act of placing wreaths at the gravesites. As not-for-profit financial cooperatives with a mantra of “People Before Profits”, credit unions are a highly valued resource by nearly 3 million Illinois consumers — and remembered for their efforts in serving their communities this Memorial holiday and every day.
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