It shouldn’t have taken a PhD in economics to notice this – Wirepoints Quickpoint
May 17, 2024
59 Comments
What a representation of Chicago’s plight.
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Twelve Illinois Congressmen vote against bill to give federal custody to non-citizen defendants charged or convicted with assaulting cops – Wirepoints Quickpoint
May 17, 2024
10 Comments
The bill passed despite their votes in response to certain incidents where local prosecutors are thought to have been too lenient with non-citizens assaulting cops.
The Chicago Teachers Union Plays Hooky – Wirepoints in the Wall Street Journal*
May 17, 2024
4 Comments
The Wall Street Journal Editorial Board cited Wirepoints’ analysis of Chicago student proficiency data in their latest piece condemning the Chicago Teachers Union’s outrageous contract demands…all while a vast majority of Chicago’s children graduate unable to read at grade level.
Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale
May 17, 2024
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Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.
Public education staffing has ballooned over the years…yet kids still can’t read – Wirepoints on with Jeff Daly of WZUS Decatur Radio
May 17, 2024
No Comments
Ted joined Jeff Daly to discuss how politicians can never spend enough on education despite there being no accountability for that spending, the growth of education staffing across Illinois, Mayor Brandon Johnson’s $1 billion demand for Chicago schools, why Gov. Pritzker is providing $830 million in taxpayer subsidies to struggling EV carmaker Rivian, and more.
Second City Teachers is the successor to Substance a “reform” group created by the late George Schmidt. George was a good friend though radically liberal. He documented school waste and child abuse in the 70’s but was crushed by Union leaders Robert Healy, Jacqueline Vaughn and a guy named Reese. Good luck to SCT, but the battle is lost!
I’m surprised their not insisting on divesting from Israel on the taxpayers dime?
“‘My report was mostly covered up by the Chicago media,’ [pension consultant]Tobe said.” His report is linked, if anyone wants to read it. It would have benefited from a succinct bullet-point summary. I wouldn’t want to overestimate the conscientiousness of Chicago media, but it’d take a fair amount of time to write a concise article about this. It appears that the problems include poor investment returns (tho I did not find any specific figures or comparisons), excessive and hidden fees (certainly a failure of pension fund management), and the City’s failure to provide sufficient funding. All aggravated by the pension… Read more »
What??? The grifters of CTU like Stacy Davis Gates and her water bill/property taxes scams are also scamming their own pensions? You mean that CTU thieves cant be trusted even among their own band of thieves? Whodathunk it? Looks to me like just more proof that all CTU members are criminals awaiting their own special corner of hell.
This is what I have been saying for years now including contacting my state Rep many times about the lack of transparency on pension management fees. For a select few politically connected the fees are King Solomon’s Mines for them. How many hands are in the funds before the pensioners get their money? How much money was lost due to the loss of compounding over decades? But does it matter when the taxpayer is on the hook regardless of returns or the cost of implementing the pensions.
SURPRISE……SURPRISE