-- 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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From the many war-stories I’ve heard from lived-experiences at CPS schools from a retirement-age CTU member-CPS teacher, it’s nearly impossible to get fired or “pushed out” of CPS employment. A teacher must commit a serious offense to get fired. Worst-case scenario, a teacher will get reassigned to another school, or to “rubber room” assignment outside of any classroom. A CTU CPS teacher can go AWOL for months, and be fine. But get fired? Huh.
Face it, in the post- Obama divided America where every black is a victim from birth, anything negative pointed out about any one them is mean, racist and hateful.
Yes.
Yup. It’s a shame the race card has been so overused; it’s become a cliche. Like the car alarm everyone ignores, knowing eventually it will be turned off.
When genuine racism occurs, who is going to pay any heed?