-- 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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Well if a candidate is backed by the CTU or George Soros work to get their opponents elected and stopped the CTU in there tracks , with lost donations being gone for good
CTU needs to be legally designated as a political group. They certainly aren’t doing anything to improve education.
Gave PANIC ATTACK 2 million dollars of teachers union dues , which was illegal, for his mayoral run . He hasn’t returned it yet either !!!
One word to describe this – RACKET!!
No, no, no! You can’t disband the CTU for buying influence or bribery or anything else like that, say some. They can do whatever they want with their taxpayer funded employees.