Commercial-News finally scoops the News-Gazette

The Danville Commercial-News had to terminate it's Monday home-delivery edition (times are tough), but it has an eye-opening article on it's E-edition (not sure about on-the-rack issues).  Check it out:

 

Schools fear Quinn's idea to shift pension costs.

 

http://commercial-news.com/local/x2053734305/Schools-fear-Quinn-idea-to-...

 

Quinn wants to shift $1.3 billion of it's unfunded $85 billion pension system to all school districts outside of Chicago.  According to the article, that would represent more than a 400% increase for local school districts to come up with.  I'm guessing that not too many voters will want to see their property taxes climb so much, especially after the increase in their state income tax.

 

It gets better...Since a 1995 pension reform bill was enacted, Chicago was already funding the 'employers' portion of pensions, which is what Quinn now wants all school districts to do, but unfortunately Chicago officials persuaded the Legislature to let them slide on more than $1 billion owed the Chicago Teachers Pension Fund through 2013, when they said they couldn’t pay.  What was their 'method of persuasion, I wonder.  Threatening to break some kneecaps?  This is Chicago we're talking about, after all.

 

Remember when Sears and the Chicago Mercantile Exchange threatened to leave Illinois because of the higher corporate income tax?  Legislators were falling all over themselves developing a 'package' (bribe) to persuade them both to stay.  I fired off a nasty email to my representative threatening to move out of Illinois, but that I could be 'persuaded' to stay.  I haven't heard back from him yet.

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Charles Chapin wrote on February 21, 2012 at 6:02 pm

With apologies to the Commercial-News, this was no scoop. N-G had it earlier. I'm amazed there isn't more outrage. This basically shifts those pensions to the local property tax base.

What a sleaze Quinn is.

buzorro wrote on February 21, 2012 at 10:02 pm

My apologies to the N-G.  I don't subscribe to it and only peruse the headlines posted here.  I obviously was wrong,......again.

 

But referring to the subject matter, I agree with your synopsis, but only as far as it goes.  IMHO, it's not just Quinn who's the scoundrel, but the state legislature as well, and especially the Chicago area legislators.  It's no secret that Chicago is infamous for being one of the most corrupt cities in the country.  It's also a fact that four Illinois governors (so far) have ended up in prison because of their corruption.  Chicago political leaders are the sole reason why Illinois has bucked the fact-based trend by all other states to allow it's citizens 2nd Amendment rights.

 

In this particular instance the problem of unfunded government-employed teacher's pensions, which are the state's responsibility, is being addressed by threatening to make them a school district liability instead, as well as higher education entities from community colleges through universities.  In this move to eliminate 10% of the state's debt, real estate taxes will go up, some schools wil close, more schools will consolidate, and many teachers will be permanently laid off, resulting in larger classroom sizes.  Ironically, the Commercial-News just featured a couple of stories in it's Sunday edition about how more and more students are needing 'alternative education' because, to quote one local teacher, 'some kids don't learn as well in a regular class, they need more one-on-one time with educators.'  Under Quinn's plan, the 'alternative education' will soon be the norm, since class sizes will increase and there will be even more students 'who don't function well,' there just won't be any teachers available to give them the personal attention that they need.

 

In closing I'd like to point out the similarity of Quinn's plan to that of Wisconsin's Governor Scott Walker's that caused such a furor.  Both governors were addressing their state budget woes in basically the same manner.  Although the media were quick to show the nation the 'alleged' public backlash against Walker's plan and how Illinois teachers were even calling in sick so that they could attend the protests in Wisconsin, the vast majority of those protestors and those who protested against Walker's 'attack on the working man' were government-employed union members.  I contend that the 'root cause' of both governors' intentions are government-employee unions themselves.  When teachers choose to strike for better wages and/or benefits, they should no longer be considered 'professionals who only want to do their job of teaching children,' but rather 'one side of an us vs. them' mentality having nothing at all to do about 'the children.'  

 

Here in Danville a very large segment, if not the majority, of our population are government employees belonging to unions.  Whether they are employed by the city, county, school district, VA, postal workers, etc., they have to be paid.  Unlike private companies or corporations, government entities do not have the option of closing it's doors as a result of union demands.  'Us vs. them'...they are our employees but ultimately have the power to bankrupt us.