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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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Yes, the public employee unions are corrupt and rotten with the teachers union being the absolute worst of them all. However, the coup de’tat to IL for it’s ruination was the obscene gerrymandering done by Pritzker. Pritzker’s buying of state supreme court justices is second. These two extreme actions by Pritzker will insure that IL never recovers.
I agree but the extreme gerrymandering was done by Madigan and protected by the Illinois Supreme Court.
I don’t trust anything form the Il Supreme Court – they are incredibly predictable when it comes to anything that impacts Democrats and public unions, i.e. stuffed puppets.
It’s just a political tribunal.
How we feel about the IL Supreme Court is exactly how liberals feel about the US Supreme Court. IL tilts to the far left, while the US Supreme Court tilts to the far right. Lawfare is about raw power now. However, because the courts don’t have an army to enforce their decrees, and rely on the executive branch to implement them, It’s only a matter of time before liberals start ignoring the Supreme Court altogether. Hawaii’s Supreme Court just flat out said unanimously (all justices were appointed by Dem. governors) that they flat out reject the US Supreme Court’s opinion… Read more »
At a City Club of Chicago lunch a few years ago, the head of CTU stated “We don’t see ourselves as a labor organization. We are a social movement.”
Keep em dependent on the state for their livelihoods, keep em stoned and keep em stupid. Mission accomplished.
can CTU even claim to be trade union negotiating for better conditions for its members at this point? or, bizarrely a fully taxpayer funded political organization whose allowed to negotiate with themselves, who’s only purposes is to deceive dopey taxpayers into spending even more astronomical $sums on for less?
This is a terrible article and reeks of capture. The title should be ‘What You Can Do to Stop Cronyism’ or something similar. Why not offer suggestions regarding organization and tactics? It’s not like a state has never flipped before. Johnson has a 20% approval rating.
I am looking for the laughing emoji for your comment but alas this is not Facebook.