-- 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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Time to cut the head off the snake
The wording in this bill is absolutely disgusting! Please read the actual bill, which also impacts all private schools, and aims to allow ISBE access to all parts of a children’s private information.
Private education is the solution to public schools, not the other way around. BTW, what’s the $$$ going to be? Visiting homes, reading assessments, storing portfolios and medical records…always follow the money – these sponsors have their pockets lined with teachers union money.
This will pass. Remember folks, they hate you, and your values, and they’ll forcefully re-educate you in government schools.