-- 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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Do away with all standards and rules. Why bother, structure is a nuisance. CPS is nothing but a baby sitting service, including three squares.
Zero Accountability at +$27,000 per student per year!! What an equity hustle racket!! Unbalivable
This is equity hustle/ crt laid bare—its all about zero accountability to dupe the hapless taxpayers to the truth of the astronomical $sums$ paid for crappy services. That end up, not in the pockets of low income folks of color, but in the pockets of majoriy white upperincome ctu types w a blm sign in the front yards
If the kid gets his name right he gets a 100% on the test. Sadly, half the kids fail this new standard.
Poor test scores in CPS? Come on, man. The obvious solution is to designate every student as graduating Magna Cum Laude and Class Validictorian even though they can’t spell their own name. Everyone is a valedictorian. See, our school district now is great! We only produce Valedictorians, not the functional illiterates we graduated last year.
Poor test scores? Drop the tests!
This stuff is straight out of communist USSR. Too many railroad accidents? Stop keeping count! Too much inflation? Stop collecting the data!