-- 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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Does CTU have a limited window in which a member can decline membership or can they cancel at any time?
I believe they do. Heard a story about someone who tried to get out and they couldn’t find the paperwork that was mailed in.
Thieves.
Time for federal money laundering probe
where’s kwame?
He’s cashing his checks from the crooked red light camera racketeers
https://chicago.suntimes.com/2018/3/9/18367837/illinois-deserves-a-conflict-free-attorney-general
Janus ruling says you can leave the union and keep your money. Of course CTU will cook the books regarding labor contract spending related versus other spending.
So, CTU gets away with violating campaign finance laws, again-n-still, because CTU has bought lots of votes-n-influence among the pol’s who could actually make the union stop doing what they’re doing. The fact that some few of their members are upset is of no consequence, since the vast majority of CTU teachers – who we can assume are literate and well informed, they’re teachers after all – are entirely in favor of all of this. As Where’s Mine points out, we’ll see how these teachers all line up when they wrap themselves in Amendment 1 armor come the next contract… Read more »
on the other hand, I’m sure all will be forgiven by rank and file ctu if gates and the crew come through with gigantic $wins$ in next years contract negotiations. That’s what gates and core count on. and lets face it, they keep kicken ass on hapless homeowner/taxpayer (with help from press love fest) and won on Amend 1….so maybe if your rank and file, you keep mouth shut, fork over your dues no questions asked, put on your red shirt and go with the scam politics
All those Republican CTU members must be upset with the donations to Brandon
Politicians always sell out the taxpayer for the public sector vote. No matter what the cost is as it is someone else’s money.