-- 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
CTU is all slimy!Led by the great coward Jesse!
It’s ‘moving’ too far left? No, it MOVED too far left.
The barn door is open and the horses have escaped.
This election to replace Sharkey will tell us who the individual teachers in the union really are. Hopefully the perception that they “Are Bums. All of them” is not the case. There are several more moderate and reasonable candidates in the mix that can give the union a new direction and support policies that the majority of parents want. But if the members elect another commie, or agitator, or wacko– then we’ll all have to agree that it is the individual teachers who are the problem and they deserve the shaming they are getting.
CTU seems to pick the worst leaders — totally unemployable in the real world:
Former CTU President Karen Lewis — a greedy grifter that bought 3 homes — including one in Hawaii — with all the money she looted from CPS and the union
Current CTU President Jessie Sharkey — a champagne socialist with the intellectual agility of toilet film
Current CTU Vice President Stacey Davis Gates – a race hustling fraud — “Rich white men tell black women with children in the Chicago Public Schools what to do all the time” — in a cheap ratchet wig
I like your style!
Thanks!
With these CTU Creeps, the insults practically write themselves
I imagine that the teachers aren’t thrilled with the reputational hit they took these past two years. They had a lot of people and parents convinced that they are “heroes” of self-sacrifice and virtue, whose only mission is to put children first at all costs. Prior union leadership did a good job of the professional PR imagery of teachers paying for supplies for the classroom at the dollar store, and the teachers paying it out of their own pocket. It bought them a lot of leverage and status. Sharkey and Gates have done a great job making the teachers look… Read more »
I have lost all respect for Chicago teachers! Bums, all of them!
Stalin for president, Hitler for VP, Saddam Hussein, for Treasurer. Sounds like a winning ticket
You think? CTU, under the current regime, is more interested in the celebrity of organized labor than labor itself. The entire union is one giant ego trip for whoever runs it. The good unions are the ones you never hear about because, you know, they’re doing their job and everything ain’t a shitshow.