"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Under fire, Emanuel defends ‘payday loan’ plan to borrow $389M for CPS
Submitted by Mike Powers on Mon, 2017-05-22 00:00
in
"The decision to add $389 million to the $950 mountain of short-term debt the broke school system already owes will allow CPS to make it through the school year and still make a $721 million payment to the teachers pension fund due on June 30." Fat government pensions have bankrupted Chicago public schools.
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