Jon Rahm

CTU strike deal leads to CPS credit downgrade

By Jonathan Ingram
09/28/2012
On Thursday, Moody’s Investors Service downgraded the credit rating of Chicago Public Schools. The school district’s credit rating now sits at A2 with a negative outlook, the same rating given to Illinois, which has the lowest rating of all 50 states. According to Moody’s, the downgrade reflects CPS’s weakened financial condition, caused primarily by the facts that:...

Chicago Teachers Union (CTU) strike bulletin: Recommended strike chants

By Chris Andriesen
09/10/2012
Strike chants pulled directly from Chicago Teachers Union’s strike bulletin issued on Sept. 8, 2012. What’s outrageous? unpaid wages! What’s disgusting? Union busting! Rahm, Brizard, we’re no fools! We won’t let you ruin our schools! Rahm, Brizard, we’re no fools! Corporate cash can’t buy our schools! Lies and tricks will not divide, Parents and Teachers side by...

Rahm’s Union Problem

By Paul Kersey
07/08/2012
The City of Chicago recently released its Annual Financial Analysis 2012: 85 pages detailing the city’s awkward financial position. There are two sections worth highlighting. The first deal with public employees in general, the second has to do with pensions. The city’s workforce is getting small but more expensive: dropping from almost 42,400 full-time-equivalent positions in...

Rahm on TIF

10/14/2010
by Kate Piercy Not many people understand tax increment financing (TIF) very well, and the lack of transparency in the TIF process, particularly in Chicago, leaves many taxpayers unaware of exactly where TIF developments are located, how many tax dollars are going into these TIFs, and how the money is being spent. Mayoral candidates looking to fill...