-- 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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Great! What an asset! So glad she has brought her mismanagement skills to a higher level.
This is great!
We want Pritzker, Johnson, Gates, and Mamdani to appear constantly on national media.
It’s a reminder to everyone in every state of what’s in store for them if they don’t vote Republican.
Full speed ahead!
Who knew the Peter Principle applied to teacher unions!
Again NOT PAYING HER FAIR SHARE. Delinquent again , over 1,000 , on a city bill !!!
I would say DOOM for the state of Illinois (like Chicago) but it’s really already there.
JB needs to ask Trump for a favor, how to have bankruptcy for a state.
Many teachers who don’t share her views will overlook her crazy rhetoric, tactics and far left views as long as she delivers on $$$ much like the police have their own goon John Catanzara representing their interests. Many of the people who say “how can you set aside your standards to vote for Trump” are the same people willing to set aside theirs for SDG and Caranzara.
I’m pretty tired of hearing non- CTU teachers rail on Gates after this latest showing of how spineless or duplicitous they are.
What’s most disturbing is how many people in IL, particularly leaders, try to rationalize SDG/ CTU behavior as though it’s not all that bad. News Flash – The CTU is BAD, real BAD. Absolutely no good will come from this for IL. I would recommend downstate teachers look for a new union and leave the IFT, if they have any sense.