-- 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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On July 6, 2009 at the NEA Representative Assembly former NEA counsel Bob Chanin described why he believes that NEA and its state and local affiliates are effective at advocating for its members. For some background, there are two main teacher union networks in the United States, and each has national, state, regional, and local affiliates. The two networks are the NEA and it’s affiliates, and the AFT and its affiliates. CTU is AFT Local 1, a local affiliate of the AFT. Here’s Bob: “And that brings me to my final and most important point. Which is why, at least… Read more »
CTU is the poster child for School Vouchers. Bust this union now.
Students ? Students don’t pay dues. Who cares what they think. Its called the Chicago TEACHERS Union. Students are the last thing on the mind of Sharkey and his zombie army.
Silly editorial because we all know answer already: CTU’s mission is ensuring maximum employment security and superb wages for member-teachers, NOTHING to do with education nor welfare of students of those teachers.