-- 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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The teachers unions actions are equivalent to violence against children
School vouchers for all would go a long way toward curbing teachers union power. The very last thing that teachers unions want to face is accountability, competition and the forces of the free market.
no one with a backbone will do anything about it.
Overrated job. Most teachers are doing it for one reason, no, not for the children, but for short hours, good pay and benefits. Get fired chalk burners then find out what a real job is. 8.5 hours a day, 1/2 hour lunch, 1 or 2 weeks of vacation, no half day bs, punch in, punch out, 4 or 5 holidays a year.
This is also true for Cops and Fire guys (the most overpaid of all besides teachers).
This is definitely true otherwise these cops would not enforce unconstitutional orders for a paycheck.
I am generally pro Cop and pro Fire by the way. I’m also pro-sanity about what the job is for most (I’ve seen hundreds of out of shape or obese DOC and cops), and at least in IL, the agreements with them have led to the insolvency of many things. I also noticed that occasionally I am being censored with comments on wirepoints, which is pretty lame. Rarely, but if you comment about a certain class of people even indirectly, they restrict. Very Voltaire telling.
Censorship is cowardly.
Our cultural and political institutions are taking off the masks and now showing very clearly what they are all about- lust for money and power. They do not even try to hide it any more. Feels like we are nearing an end game here…
Teachers should be ordered back to work. If they don’t show up they will not be paid. Sick days taken only with proof of illoness from doctor. If they strike….so what. The damage to this generation of young people is already done. How long do you think the unions will last if the teachers get no paycheck.