-- 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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how about on Mayday or the day after we get every parent of a cps student to call up the school their child goes to and inquire about the process to start home schooling for next year ! do you think if a large number of parents call in it might rattle them a little?
I do not know why they bothered to ask. They are going to do it anyways, like it or not.
There will be no school on May 1, regardless of what the school board, the school board president, the mayor, or anyone thinks. The CTU wants the day off and they will take the day off. Who’s going to stop them?
If I was a parent of a CPS student I would be going bat shit crazy over the lack of schooling and/ or the type of learning my kid was getting. If there was a voucher system the parents would have a proper oversight of their kids education. It’s time for vouchers NOW