-- 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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“Wage Theft”?!?! Every CTU member’s paycheck is wage theft when the highest paid teachers in the nation deliver 4 kids in 10 functioning at grade level. Bust this parasitic terrorist group now. CTU is the poster child of the criminal conspiracy evil of public sector unions. The unconstitutional epitaph of public sector unions will feature the criminal thievery of this verminous slime. (I know CTU scum: Those are a lot of big multi-syllable words so get out that dictionary if you have one.)
CPS spends $30K per student…and the students end the year dumber than when the year started.
I think we all know that every time the teachers cash a paycheck…they are committing the theft.
Someone representing students in Chicago Public Schools needs to file a lawsuit against teachers for stealing their right to a fair and comprehensive education.
It’s utterly sickening that the General Assembly doesn’t enforce that right, which is well within their power.
The teachers need to remain vigilant against wage theft. Good thing these teachers have such a strong union to fight back against this type of corruption. Most of the anti-union corporate boot lookers would just accept the loss and simp for their employer.
Can parents sue your comrades for theft of services for continuing to churn out graduates that can’t read, write or do math?
Wage theft, how about the taxpayers then file a lawsuit for theft and mismanagement of taxpayers funds.
aren’t all the public sec unions filing grievances 24/7?