dblburger | Chicago Reader

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Re: “I guess we won’t have Rahm to kick around anymore

I never cared for Rahm's bravado and posturing right from the beginning (something Ben touched on in the article). It was myopic and reckless, and a sign of his overall leadership style. J. Peter Dowd summed things up nicely in a Trib article back in Feb, 2014*:

'Last spring, the Chicago Teachers Union and CPS came close to reaching a long-term solution. The CTU developed a plan supported by the CTPF's actuaries and a municipal bond expert. With municipal bonds backed by a relatively modest increase in property taxes, CPS could have immediately increased the funded ratio of the pension fund to 65 percent from 53 percent; funded a separate retiree health trust; saved the pension approximately $3.3 billion in future retiree health reimbursements and required CPS to pay only about $350 million in fiscal year 2014 instead of $613 million.

However, on the last day of the legislative session, Emanuel demanded that retirees' benefits be slashed by more than 16 percent. That would have reduced an average retiree's annual benefit by more than $6,000 per year within 10 years. A 34-year-old active teacher who worked in the system for another 30 years would have suffered a 51 percent reduction in the present value of her pension under Emanuel's plan.

The massive layoffs threatened by Sen. Cullerton have already occurred. As a result of Emanuel's last-minute refusal to reach an agreement in 2013, the CPS budget was reduced, resulting in 2,000 layoffs on top of the hundreds of layoffs caused by the controversial closing of 49 schools. Emanuel nixed a plan that would have taken advantage of historically low interest rates for bonds and generated cash flow savings from 2014 through 2017 of about $1.4 billion. Future retiree health costs would have been reduced significantly by the establishment of a self-funded retiree health plan.'

His continued poor decision making in public education was evidenced by a Trib pol in 2016, which showed that, 'Three times as many Chicagoans side with the teachers union as with Mayor Rahm Emanuel on how to improve public schools.'** This wasn't because he was some kind of tough negotiator, it was because he had a low value for education (not for his own kids, of course, they enjoyed a 10-1 teacher student ratio---just a low value for public school kids).

In the end, I think he couldn't grasp that Chicago is a city of neighborhoods, which includes strong neighborhood public schools.

*http://articles.chicagotribune.com/2014-02…

**http://www.chicagotribune.com/news/local/p…

5 likes, 6 dislikes
Posted by dblburger on 09/07/2018 at 1:53 AM

Re: “Boots Riley on the ‘regular’ revolutionary messages of his radical debut film

Will definitely check it out. Like I said, the link you provided earlier was spot on--a systematic take down of the bs narrative about Venezuela.

2 likes, 2 dislikes
Posted by dblburger on 07/06/2018 at 9:23 PM

Re: “Boots Riley on the ‘regular’ revolutionary messages of his radical debut film

Shorty,

Thanks for that very informative link! Much appreciated!

3 likes, 1 dislike
Posted by dblburger on 07/06/2018 at 12:47 PM

Re: “You can thank Karen Lewis for the national wave of teacher insurrections

Shorty,

When there's a postmortem done on the U.S. economy, I hardly think anyone (reasonable) is going to be pointing at decent paying middle-class jobs as the culprit. I rather suspect the flow of wealth and income upward since 1980 is a particularily crippling factor. 500% increase in real income for the top sliver, and dead flat real income for 90% of Americans (and 0% savings). Have you noticed, too, that the concentration of wealth is starting to look like the 1920s? It's almost funny to hear what some people think takes away from government services.

4 likes, 0 dislikes
Posted by dblburger on 04/11/2018 at 3:34 PM

Re: “Georgia gun lovers take bold stand against corporate handouts—for all the wrong reasons

'Wouldn't the person who purchased the shirt for $50 feel the person who purchased the shirt for $40 received $10 of value for free?'

One would think so.

6 likes, 0 dislikes
Posted by dblburger on 03/09/2018 at 5:51 PM

Re: “Georgia gun lovers take bold stand against corporate handouts—for all the wrong reasons

Iac,

?? So because your observation tells us that clothing is on sale 'well over half the time,' the guy who used the coupon paid the right amount and the other guy overpaid? Every time you blink something new comes true. Anyway, your "interpretation" of the event doesn't change the fact that one guy's $10 better off than the other guy.

4 likes, 0 dislikes
Posted by dblburger on 03/09/2018 at 5:20 PM

Re: “Georgia gun lovers take bold stand against corporate handouts—for all the wrong reasons

Iac,

You started with a Subway coupon, then switched to Macy's, then switched to a general view on value. How about we hold to Macy's. Two guys go in and buy the same shirt. One pays $50, and the other $40 because he had a coupon. Did he get $10 worth of value for free? One way to cut through the bs is to check their wallets. They both came in with $100. One has $50 left and the other has $60 left. So, yes, one guy got $10 worth of value for free. If you convert their dollar bills to coins, you could measure the weight difference. The explanation is that tangible.

4 likes, 0 dislikes
Posted by dblburger on 03/09/2018 at 9:02 AM

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