-- Connecting the dots between our economy, government and business --
Richard Ingram, executive director of the $51.2 billion Illinois Teachers’ Retirement System, Springfield, resigned Thursday, effective immediately. On July 31, the board of trustees unanimously voted to place Mr. Ingram on administrative leave “due to performance issues covered by his employment contract,” a news release from the system said.
Summary and audio linked here.
Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Summary and audio linked here.
Illinois paid the price for embracing Fauci’s “science.” Here’s the retrospective.
Podcast link is here.
Amazing, so much public money ($50B) funneled into a retirement system and the executive director is fired…no reason provided. Ridiculous.
No performance issues with an Illinois General Assembly and Governor not balancing a budget for two decades.
Fired for not achieving the 435% weekly return needed to pay the immoral pensions