-- 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
Hmm, are CPS grads really gonna pay for my social security going forward?
Chicago government agencies are masters at mediocrity. Intelligent people are suspect.
It is obvious by now that the Chicago voters and parents could care less about the educational status of their children.
Mediocrity would be an improvement for CPS.
Will these massive vestiges of past racism and segregation be repurposed? Some, like Lane Tech could be easily used as immigrant camps.
Unlike capitalism, it doesn’t take brains or effort to rule under communism, only the fist. Communists will have no competition with humans that can think.
It’s no wonder education is being forced to fail.
Here is an interesting to say the least article about the Rockford school district. Parents are starting to get fed up with this pronoun BS and starting to take legal action.
https://www.yahoo.com/news/parents-sue-rockford-school-district-164324867.html
One mistake I make posting this is it’s Rockford,Michigan not Illinois but at least people are getting upset around the country. Sorry because I’m getting bent out of shape over the news. Rockford school district wants to raise their levy to the max of 5% and the city of Belvidere also wants to raise the levy to the max. This is just the beginning.
The High Costs Of Diversity, Equity, & Inclusion At Illinois Universities | ZeroHedge
Neighborhood schools have AP classes.
Once again folks, don’t confuse CPS with education.
Wow! Jonathon Turley: he voted twice for Obama.
BUT BUT CPS/CTU says that the goal to is make *every* school academically challenging and high performing, which means there’s no need for selective and magnet schools any more.
Can’t we just take them at their word? Are we not listening to them? Every school will be good.
Excellence in teaching will NEVER happen if CTU is involved. That would take work and firing the incompetent. Work is a foreign concept to the leeches of CTU and since nearly all CTU members are incompetent that would be too much of a hit on the union dues so ….it will NEVER happen.