"It’s not yet clear how much money the feds or state and local governments will give Stellantis to rebuild and expand Belvidere, but it’s likely to be larger than the $536 million deal for Gotion Hi-Tech’s battery-assembly plant in Manteno." Chicago Teachers Union contract demands are totally divorced from reality – Wirepoints
May 8, 2024
36 Comments
Details emerging about Chicago Teachers Union’s upcoming contract show just how divorced its demands, both extreme and expensive, are from the reality at Chicago schools. It’s not just about massive salary increases, but also about money for migrant students, climate initiatives, abortions and gender-affirming care. About blocking parental notification. Count on CTU’s demands to veer further from reality until the public finally says no.
Weekly crime statistics from the Chicago Police Department: Report through 5/4/2024.
Gov. JB Pritzker calls it “ethics” reform.
It’s rare to see city leaders in Chicago take an open, unabashed stance on the collapse of literacy. To complain is deemed as too political, too racist or too anti-public schools. So it’s refreshing to see Willie Wilson, a successful businessman and leader of the black community, call for a literacy initiative “with the goal of getting 100% of Black students reading at grade level.”
He thinks Belvidere is a town in Mexico!!!
Just the other day I read here that Stellantus, a foreign company, was offered a deal it could not walk away from to reopen Belvedere. This will provide another headline for Pritzker to tout himself as a job creator while in reality its just taxpayers money being taken from one pocket to be put in another while Stellantus and other connected individuals line their pockets. The Belvedere plant no doubt closed because of the Illinois business climate and now the State has to bribe its way to reopen the plant and provide headlines for its king, J B Pritzker.
As long as it’s IL taxpayer money subsidizing the operation, anything’s possible, even businesses setting up shop in IL.
As even with all the tax subsidies EV sales crash because nobody can afford them. Belvidere is all about maken Illinois look good for dem the convention base on the taxpayers dime….
Even if you have to get a car loan, you should buy a Tesla so Musk can become a trillionaire.
Don’t worry about how many years it’ll take to recoup the capital cost. Think of how much gas money you’ll save! Also, I like the people who become born-again environmentalists after buying an EV.
I liked this WSJ article. Its saying if Reps win in ’24’ all the EV subsidies are dead. If Biden wins you will likely see even more fed $billions$ for EVs, solar, wind thru expanded IRA because astoundingly even with all the green deal/ IRA $billions$ spent the EV companies are still loosing fortunes. Same for wind & solar. So,I believe the reopening of Stellantis plant as EV plant in Belvidere is contractually dependent on the fed/IRA subsidies remaining in place after 24. I’m sure the same for Gotion EV plant. But with anything fed funds, once funding is started… Read more »
Very concerned about the lack of transparency at all levels of our government. Given the actors involved – Biden, Pritzker, Democrats, UAW – there very likely is illegal activity involved using taxpayer monies, specifically in the form of ‘kickbacks’.
You aren’t seriously suggesting Biden would be involved in some illegality, are you?
Solyndra 2.0
Just stop with the tax credits and subsidies, let capitalism and competition go to work
If that happened, no private-industry companies would set up shop in IL.
Stellantis has to build a much better and competitive product than they have been in Belvidere. The subsidies will not make sense unless this happens.