-- 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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What does Stacey Gates and a prostitute have in common?
They both do it only for the money.
Why public unions should be ILLEGAL, CPS is from page.
Now more children will be graduated with below grade level reading skills. More will be unable to compete in the marketplace of America! Have at it Stacy!
I stand for public education. That’s why I can’t stand people like Stacy Gates, who ruin it.
Downstate is in for a surprise. Gates only cares about politics a, power and money for herself. She doesn’t care about education, students, or even member students. Reported that CTU only spent about 16% of union budget advocating for teachers. Downstate should open their check books to pay higher taxes without any improvement in student test scores.
The lawmakers will kiss her ass for her endorsement on their reelection. She has the power