It comes as the fourth-largest US public school district faces escalating fiscal pressures with federal pandemic aid coming to an end, underfunded pensions and rising labor costs.
No surprise. BJ and CTU dont care about any financial consequences. Like thieves in a bank vault BJ is scooping as much cash into his pillowcases as humanly possible. As CTU and their purchased puppet said on day one: “First lets gets the money.” Bust this criminal cabal now. Drain their pensions. Give the money back to the taxpayers.
The Railroader
1 year ago
Nice job CPS and CTU. Swiping the credit card to pay for expenses and interest on existing borrowings is an excellent course of action. The subsequent debt service coupled with the massive CPS/CTU payroll will bring about the bankruptcy that much faster.
Tough choices unmade today become the Sophie’s Choices of tomorrow.
Daskoterzar
1 year ago
Thats the ticket. Get a loan…on a credit card. Why not just use VISA, the interest rate is only 29%…no problem. Or perhaps…geee, I don’t know…maybe cut costs. Close buildings, right size administration, stop losing $23M in chrome books and other electronic “teaching aid”. Perhaps undo the programs that were implemented using one-time COVID money and discontinue them… These people are inept. Next is tax increases and hopefully bankruptcy.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
No surprise. BJ and CTU dont care about any financial consequences. Like thieves in a bank vault BJ is scooping as much cash into his pillowcases as humanly possible. As CTU and their purchased puppet said on day one: “First lets gets the money.” Bust this criminal cabal now. Drain their pensions. Give the money back to the taxpayers.
Nice job CPS and CTU. Swiping the credit card to pay for expenses and interest on existing borrowings is an excellent course of action. The subsequent debt service coupled with the massive CPS/CTU payroll will bring about the bankruptcy that much faster.
Tough choices unmade today become the Sophie’s Choices of tomorrow.
Thats the ticket. Get a loan…on a credit card. Why not just use VISA, the interest rate is only 29%…no problem. Or perhaps…geee, I don’t know…maybe cut costs. Close buildings, right size administration, stop losing $23M in chrome books and other electronic “teaching aid”. Perhaps undo the programs that were implemented using one-time COVID money and discontinue them… These people are inept. Next is tax increases and hopefully bankruptcy.
Eventually you run out of other people’s money.
Or the money runs out of purchasing power. Read up on the Weimar Republic for an economic example.
Absolute Insanity.