“CPS is too big, too corrupt, and too insulated to reform itself,” state Rep. Jeanne Ives (R-Wheaton), a long-time critic of bloat and poor performance in the schools, told Chicago City Wire. “It is one of two school districts that should actually be broken up into smaller districts because the bureaucracy is unaccountable.”

Just released. We will be reading it.

A new report that assesses the risks to investors of buying in markets burdened by public pension and budget problems. The report, by real estate research firm Green Street Advisors, raises alarm bells about the Chicago market, giving it the worst “fiscal health” score among top U.S. metropolitan areas.

Green Street also says Chicago appears to be on the same path as Detroit, a former fiscal basket case that recently emerged from bankruptcy.

The crookedest guys in the room.

We have a city government that continually makes it less attractive for employers to consider places like South Works. Mandatory wages and time off, the plastic bag tax and layered regulations, along with high sales and property taxes and workers’ comp costs — even as neighboring states implement policies attractive to job providers — exacerbate the economic disparities “progressives” supposedly are trying to reduce.

What we need instead is a complete rethinking of city government’s relationship with the private sector.

Comment: Long, long overdue.