-- 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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
This is not so closely related but tell me why previous Chicago City College presidents got together to sue CCC for apparently reducing or changing their health benefits. Maybe this lawsuit will have far-reaching effects on the finances of Chicago City Colleges. As enrollment goes down, how does Juan Salgado deal with these types of lawsuits? Nobody is covering this in the news. And it seems you can only discuss anecdotal evidence regarding the practices and behind-the-scenes operations of CCC. Try getting real statistics and numbers out of this black box. When I worked at CCC, survey data on how… Read more »
Real world translation: Fully paid for “judge” protects CTU, IFT and any other educator union per the law of the land that was previously enshrined by the union friendly voter base of the once great State of Illinois. It may be appealed and then the Queen Bee of the Il Supreme Court Anne Burke can put in work for the cause.
The courts protecting the public sector union scum. Typical of Illinois and deeply unconstitutional. The day that Public Sector Unions are ruled unconstitutional will be a new birth of freedom. Bust these tyrannical terrorists now.
Nope. The people of Illinois enshrined union protection into the constitution. It’s not going anywhere.
Nope. When the US Supreme Court declares these criminal cabal public sector unions unconstitutional than ALL the state and local political unions will be also tossed into the septic tank. No corruptly created and prayerful IL Constitutional clause will matter. US Constitution will overrule that Democrat toilet rag. And all the contracts will be negated and neutered simultaneously. Pensions gone. Gold plated health care plan gone. No show/little work “jobs” gone.
Still living in your fantasy world. SCOTUS has no intention of doing that. But you can dream TPG. Keep saying stuff like “someday” and “you’ll see”. Just keep paying your taxes in the meantime. Maybe stop buying Farmer’s Dog food and go with Alpo. You need to start saving TPG.
Nope. Quintilian says that “Everything that has a beginning comes to an end”. Public Sector Unions will end. Soon. Their poisonous cancer and clear quid-pro-quo bribery perversion of Democracy across America is hastening this ending. If you haven’t noticed, much of FDR’s legacy is recently swirling the toilet bowl. I’d suggest that you stock up on that Gravy Train, buddy.
The voters enshrined unions in the constitution. All kneel and worship at the altar of union power! And make sure to pay your tithe to the holy of holies, public unions.
Soon your religious ecstasy will have you speaking in tongues.
FDR warned of this.
Now it has come to pass.
Awesome, the judicial system once again enables and empowers bad behavior. Illinois is awesome. Between JB and his never ending kingship, Brandon Johnson, the most popular mayor in Chicago history and a bevy of folks who voted for these boobs, we are WINNING.
Parents need to sue CTU for failing to teach students, high teacher absenteeism
You clearly didn’t read the article. Are you able to read, Deb?
Maybe we should sue police officers for the high crime as well.
Let’s add psychiatrists to the list for all their failures to cure anxiety ridden patients while realizing some will be committing suicide. Surely that will appeal to you as well. All either can do ultimately is give sage advice. You can’t force another person to act upon it.
Charge those psychiatrists with murder if their patients commit suicide.