-- 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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Illinois now has the unaccountable, Liberal Trifecta. Gates, JB and Johnson.
They’re all also 3 of the biggest Demagogues among Elected Officials in the Nation.
With this election, the teachers union members have shown who they are and what is important to them. Money. Period. This person is solely focused enriching herself, screwing the tax payer and providing as little education as possible. Schools will remain Daycare, Transportation and Food service agencies – nothing more. It is NOT all about the kids and never has been. Move your children to private schools if you can, it is the only way they will get an education.
The rest of IL taxpayers and students are screwed. They just don’t know it yet.
And there you have it – the most extreme element they are.
How did Stacy Davis-Gates win this election? Teachers voted for her. This is who they are.
The God Mother of the teachers Mafia is now the head God mother. She extorts the taxpayers. She is an enemy of education; she sends her children to private schools for good reason.