-- 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
Teachers Union President Stacy Davis Gates thinks her neighborhood public school is not good enough for her son and is sending him to a private school, then wants to close school choice and charter schools for your children. I rest my case on the CPS Union. Unfortunately, the CTU has bought, paid for and now owns the legislature and the mayor and they will get their moneys worth at the expense of our future.
She does THINK she is better than everyone else…………….NOT
Just cant get away from the one -1 goon who thinks the public are a bunch of suckers.
Doesn’t bother me anymore…….I just consider the source and how uneducated they are!
All goons as the hide behind a fake login. Thank you Wirepoints for exposing the corruption.
Here’s an interesting article about CPS
https://www.yahoo.com/news/chicago-teachers-union-president-raises-080053821.html
Yeah right. The blackest Chicago government and union in history (so BJ says) and she blames conservatives. She does not want black children to read because then they may figure out the hypocrisy of her statements. Remember, she is sending her son to a private school but denying the average citizen of the right to so the same.
Remember, this is the union that lost 77,000 public school computers to incompetent management and expects the taxpayers to pay for new ones.
-1 goon. If you think anything in my comment is incorrect let’s hear your side. We’re all waiting to hear.