-- 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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How about these lazy union parasites do as they are told
So who runs the schools? The Teachers or the Administration?
What am I thinking? It’s Chicago. Of course the inmates run the asylum. And they write their own payroll checks too.
Bust this union.
Dearest CPS employees, you do realize the scalability of e-learning means we can have one teacher teach more than a few hundred students at one time, right? And, arguably, the idea of a system (CPS) that supports 200+ physical structures (which create significant expense, etc.) that are somewhat superfluous in a virtual teaching reality, suggest many/most of you are now unnecessary? If ever you folks thought it important to rise up against the goofs, Sharkey as exhibit #1, this is the time. These leaches have been enriching themselves on your (rank and file union dues paying folks) dues for a… Read more »
Get ready for ctu to press for renegotiating the ridiculous gold plated deal they just got to include hazard pay…thats what lightfoot just hinted at on daily covid report that ‘we are not renegotiating the contracts’, ie.-so she must already be getting pressed by ctu. Then watch all the other gov unions from chicago to springfield demand renegotiated contracts for covid/hasard pay….after all they’re heros!!
OMG, they go, Stacy Gates–“impact bargaining” $$$$$$$$$$$!@!! Chicago Sun-Times: We won’t reopen teachers contract for Chicago Public Schools to start on time this fall, Lightfoot says.
https://chicago.suntimes.com/2020/5/11/21255248/reopen-schools-chicago-lori-lightfoot-teachers-union-contract-fall