Ted joined Shaun Thompson to talk about about the Chicago Teachers Union’s absurd new contract demands, why so many Chicago teachers are chronically absent, and Brandon Johnson’s failed first year as mayor.
What a representation of Chicago’s plight.
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 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.
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.
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Damn Traders! Always looking ahead.
Once CME goes, the rest of Chicago’s finance industry will disappear — and you will be able to fire a cannon down LaSalle Street and not hit anyone
It’s kind of like that already now. The Board of Trade itself is in foreclosure.
I still don’t understand how Chicago could implement a FTT because even if CME did stick around, their servers that execute the trades are leased from a data center in Aurora. Unless they’re still on Cermak and Aurora is the backup?
CME is headquartered in chicago, that’s how they’d get around the tax. Two decades ago, they’ll just threaten to move to the suburbs, Rosemont would welcome them with open arms. Today? Companies leave IL entirely, they don’t move to the suburbs.
Most people have no idea how easy it would be to move an electronic exchange like the CME to Texas or Florida. It would be harder to move your family out of state than it would be for the CME to move. Plus the CME employees are savvy and most would probably welcome the move, just like the Citadel employees. The Marxist mayor has zero real world experience so has no idea how much influence the CME and its employees and its member firms and their employees have on Chicago financially. But, then again, as a Marxist, he doesn’t care.… Read more »
Wake up Mayor and City Council Duffy is not bluffing.
They’re already gone, these interviews to the press are the forewarning of what is to come, so that no one acts surprised when they leave. This is 1971 all over again, three years after mass riots and city in steep decline. Property prices in Lincoln Park and the West Loop will tank as the traders pack up en mass and put their million dollar condos and homes up for sale.
Take note Chicago, you have been warned by the CME.
Ken Griffin warned you and you chose to ignore him.
He is now the richest man in Florida (happy).