Seriously, how many new voters is he finding looking for a new political home when he’s literally at 10% and can’t fill a coffee shop?
DECEMBER 20, 2019
By Tyler Durden – 11/04/2019
The Wall Street Journal Editorial Board blasts Chicago Mayor Lori Lightfoot for her deal with the Chicago Teachers Union (CTU). The deal will further wreak havoc on the already insolvent school system.
Who will be hurt most?
The WSJ answers the question this way: Union Routs Students in Chicago.
The WSJ commented “Michelle Obama the other day complained that white people were leaving the city to escape minorities who are moving in. No, they’re fleeing Chicago’s high taxes and lousy schools—and so are minorities.”
You can kiss those positive and stable outlooks goodbye. The system is insolvent and this contract will further weaken the outlook.
S&P already has CPS bonds in the “highly” speculative area, five steps into its junk ratings.
A Chicago Teacher’s Pension is based on your years of service and a pension percentage (up to 75%), multiplied by your final average salary. Their union notes “There are ways to increase these factors to enhance your pension or meet eligibility requirements.”
Wirepoints asks Chicago Teachers Strike: Why is No One Talking About Pensions?
The average retired CPS teacher already receives a pension of nearly $55,000 a year, according to a 2019 FOIA request to the Chicago Teachers’ Pension Fund.
However, looking at the pension of an average teacher far understates the true size of CPS pensions. The “average” benefit includes teachers who only worked a few years for CPS, which brings down the average.
To get a more accurate picture of what pensions are really worth, look at career teachers. Over half of all currently retired CPS teachers worked 30 years or more. On average, they receive a $72,000 annual pension and began drawing benefits at age 61.
In comparison, the average annual Social Security payment in Chicago is just $16,000 and the maximum benefit for someone retiring at age 62 is $26,500.
The average career CPS pension will grow by 3 percent, compounded annually, due to the COLA benefits teachers get. That will double a teacher’s annual benefit to over $140,000 in 25 years.
Those projections were based on the proposed contract. The CTU held out for even more benefits and got them.
By 2023, Lightfoot must find an additional $989 million a year for pensions, according to the Tribune’s Hal Dardick and Juan Perez Jr. Thank you, former mayors and aldermen, for promising more pension benefits than Chicagoans could afford.
That one is easy.
On October 5, I commented Escape Illinois: Get The Hell Out Now, We Are
Goodbye Illinois. Hello Utah. See my reasons for Utah above.
If you can’t get out of Illinois, do the second best thing, Get the Hell Out of Chicago.
By the way, Chicago is not “headed” for insolvency, it’s already there, but it is just not recognized yet.
by Kristinn Taylor
Sanders and Omar embraced on stage and then held hands aloft in solidarity before the cheering crowd.
Short excerpt from Omar’s speech:
The Sanders-Omar rally was moved to UM’s larger (14,625 seats) Williams Arena from the 2,700 seat Northrop Auditorium to meet demand. Sanders does not appear to have come any where close to a capacity crowd as the photo below shows the upper bowl completely empty.
OCTOBER 29, 2019
Morris served as an advisor to Bill Clinton while he was in the White House, and has ties to both Clintons going back decades.
“She feels entitled to do it. She feels compelled to do it. She feels that God put her on the Earth to do it.” Morris said during a recent interview.
“She’s hesitant because she realizes the timing is bad. In the old issue of sexual harassment, the focus has shifted from the perpetrator to the victims…when your focus is on the predator, that’s Bill Clinton’s problem, but when you look at the victim’s…that’s her.” Morris added, arguing that Hillary’s efforts to ignore her husband’s sexual indiscretions are taking a toll.
Morris claimed that Hillary is waiting for Joe Biden to inevitably drop out.
“She’s got to wait until Biden drops out because he’s obviously next in line for it, and if he goes away, there’s an opening for her,” Morris said.
“Make no mistake. She wants it,” he added.”She’s planning on it. She’ll do everything she can to achieve it.” he added.
In the past few weeks, Hillary has made several comments indicating she is at least considering another run.
During an appearance on PBS Newshour, Clinton teased a 2020 run against Donald Trump by bizarrely asserting, “Obviously I can beat him again.”
Clinton then fanned the flames of speculation about a third run for president again when she tweeted at Trump, “Don’t tempt me.”
By Danielle Ryan
“Plenty of reason here for the US possibly to become involved,” pleaded a horrified MSNBC correspondent this week, chastising Trump for ignoring “war crimes” and “human rights abuses” by Turkish forces.
Yet, while he and others cloak their demands for continued US military action in humanitarian concern for the Kurds in the face of Ankara’s onslaught, there is a more selfish reason for the media outrage. They are profoundly addicted to the bogus narrative of the US as the world’s savior, and worse, they crave the kind of dramatic TV footage and tales of military heroism that US forever wars offer. If that sounds a bit too cynical, recall MSNBC anchor Brian Williams close to weeping as he shared the “beautiful pictures” of American missiles raining down on Syria two years ago.
The pleas for fresh US intervention also reveal a hyper-focus on Washington’s “image” in the eyes of the world. The media has been bleating for days about how Trump’s actions will be perceived by its allies and enemies, but who is going to break it to them that their “image” is not quite what they think it is?
Successive US administrations have pursued policies of chaos and disarray in Syria for years; first covertly attempting to sow social discontent to spur and exploit a popular uprising, then by funding, training, and backing jihadist militias (Al Qaeda, included) against Bashar Assad’s army, and prioritizing the fall of his secular government over peace for the better part of a decade.
Couple that with Washington’s continued facilitation of slaughter in Yemen, its penchant for economically choking uncooperative nations with punitive and deadly sanctions and its psychological warfare of constant threats of violence against Iran, and one wonders exactly what kind of benevolent do-gooder image there is left to salvage.
This uniquely American obsession with image on the world stage was on display during CNN’s Tuesday night Democratic presidential debate, too. The perpetually grandstanding Cory Booker claimed Trump had turned America’s “moral leadership” into a “dumpster fire,” while Pete Buttigieg lamented the president’s betrayal of American “values” that left the country’s reputation and credibility “in tatters.”
Joe Biden, who as Obama’s former VP, shares plenty of the blame for the state of Syria today, called Trump’s pullout from northern Syria “the most shameful thing that any president has done in modern history” in terms of foreign policy. Iraqis might disagree with that statement, but remember, all pre-Trump foreign policy disasters have been conveniently flushed down the memory hole and their perpetrators rehabilitated for the purposes of comparison with the evil Orange Man.
The hand-wringing over America’s image betrays a deeply delusional but long-ingrained belief that the world at large sees the US military as a force for good. In reality, worldwide polls have shown that the US is actually regarded as the greatest threat to world peace, not — as news anchors and Washington politicians would have you believe — a facilitator of world peace.
Tulsi Gabbard was the only candidate on the Ohio debate stage willing to call a spade a spade, describing the chaos in northeast Syria as “another negative consequence” of US involvement in the region.
“Donald Trump has the blood of the Kurds on his hands, but so do many of the politicians in our country, from both parties, who have supported this ongoing regime change war in Syria, along with many in the mainstream media, who have been championing and cheerleading” it, she continued.
She slammed the US’s “draconian sanctions” on Syria, describing them as “a modern-day siege the likes of which we are seeing Saudi Arabia wage against Yemen” and promised that if she was the president, she would end support for Al Qaeda in Syria, which she said had been the US’s “groundforce” in the war.
Cue the gasps all around.
Gabbard’s insistence on forcing a reckoning with the reality of US policy in Syria makes her presence on the debate stage so necessary, but predictably her input, while entirely truthful, was met with spineless attacks in the same vein as those she has been subjected to from mainstream media for months, culminating recently with a McCarthyist hit-piece published by the New York Times implying that she is a Russian asset.
Reaction to Gabbard from journalists watching on social media was just as fierce. MSNBC’s Clint Watts called the notion of US support for Al Qaeda a “falsehood” that needed challenging. Watts, it turns out, part-authored a 2014 piece for Foreign Affairs about Ahrar al-Sham, an Al Qaeda-linked group “worth befriending.” Another reporter called Gabbard’s claims about the US arming Al Qaeda a “Russian talking point.” Investigative journalist Max Blumenthal quickly responded with a photograph of Al Qaeda firing a US-supplied TOW missile in Aleppo.
But to the regime change fanatics and war cheerleaders, these facts don’t seem to carry much weight. Narrative has always been more important.