-- 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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There is no fixing any of it.
Children and society, and NOT the CTU, deserve more, so much more.
An ignorant complacent electorate results in disasters like Illinois and the Biden administration.
Sad commentary.
CTU is not a real union — it is a money laundering racket for the crooked and corrupt Illinois Democrats
Something to ponder.
https://www.dailymail.co.uk/news/article-11531815/Teachers-union-boss-Randi-Weingarten-mocked-gushing-Biden-schools-FDR.html
Wow these people are scummier than I thought.
I have always been fond of the old adage–“If you don’t look out for your own best interest, who do you think is?” So who is looking out for the students’ best interest? Lori? The CTU? The City Council? The Chicago Board of Ed? Anybody? Maybe some parents, who are totally powerless. That’s why the poor students are getting shafted in this city– and statewide as well for that matter.