A writer must “know and have an ever-present consciousness that this world is a world of fools and rogues… tormented with envy, consumed with vanity; selfish, false, cruel, cursed with illusions… He should free himself of all doctrines, theories, etiquettes, politics…” —Ambrose Bierce (1842-1914?). “The nobility of the writer's occupation lies in resisting oppression, thus in accepting isolation” —Albert Camus (1913-1960). “What are you gonna do” —Bertha Brown (1895-1987).
Labels
- pensions
- drumpf
- IL politics
- COVID-19
- brown favorites
- Mammon
- elections
- teachers' letters
- Retrumplicons
- social justice
- sundry
- eco/genocide
- HCR
- TRS
- pension analyses
- Ukraine
- American Racism
- college adjuncts
- ed reform
- healthcare
- unions
- self-defense
- Alzheimer's
- Schooldemic
- God
- poets
- Domestic Terrorists
- fair solutions
- Scotus
- songs
- fair taxation
- speeches
- books
- January 6th
- COLA
- animal injustice/justice
- miss you
- higher ed
- Hartmann
- humor
- poisoning children
- Joyce Vance
- mcconnell
- Israeli Palestinian War
- Buyer Beware
- CPS/CTU
- Pharma Greed
- blogging
- GB Photographs
- charter schools
- GPO/WEP
- scams
- Lists
- grandsons
- masks
- DB v. DC
- baseball
- curricula
- poetry
- space
- Dylan
- Giroux
- Injustice
- Camus
- Roe v. Wade
- Beatles
- CBF v. BK
- sculpture
- Censorship
- MP
- USPS
- Priest Abuse
- United Nations
- Zimet
- Boycott
- granddaughter
- Christmas
- Kamala
- cats
- zorn v. brown
- Lightfoot
- Poems
Tuesday, January 29, 2019
Thursday, January 24, 2019
Tell your senators to stop ruining people’s lives and jeopardizing this country's security!
Government workers and their families have now worked 34 days without a paycheck. While people are helping with food banks or GoFundMe drives—or, as we are, by securing interest-free loans through the AFL-CIO credit union for our members who are unpaid federal employees—these are all Band-Aid solutions. So many people are hurting. Many have applied for unemployment benefits.
Some have been forced to call in sick because they can’t afford the gas it takes to get to work. Some have had to choose between medications and food, and decide which bills to pay. And many, most notably our TSA agents, are being compelled to work without pay—a possible violation of the 13th Amendment.
The Senate will vote on two bills to reopen the government TODAY. But only the Democratic proposal would reopen the government, allow workers to get back to their jobs, and provide disaster relief to Americans affected by hurricanes and wildfires.
Please call your senators at 866-803-8830 (listen to the entire AFT message to connect with your senator) and tell them: Stop playing with people’s lives and livelihoods. Vote to reopen the government and put our government employees back to work!
President Trump and Republican Senate Majority Leader Mitch McConnell seem to think this is a game. The Trump-McConnell proposal is a rehash of ideas that Congress and the American people have already rejected. And while the bill says it’s creating short-term protections for the Dreamers, the poison pills in the language may make things worse for them in the long run. Plus the Trump-McConnell proposal still demands $5.7 billion for a border wall.
We don’t oppose border security. We oppose hurting working people and immigrants for a political sound bite.
Every day our government stays shut down, families are struggling under mounting bills and increasing economic insecurity. Native Americans are left without law enforcement or healthcare services on tribal lands. Snow plowing and road maintenance fall by the wayside, cutting off access to food, medicine and schools for working families on reservations. Immigrant families are still being separated at the border, and their children are getting sick and dying in detention camps that lack adequate medical supervision and care. People in domestic violence situations are left without legal protections. Small-business owners are left without loans. Food safety inspections are delayed. Crime victims go without legal services and support. National parks stay closed. Our communities and our country suffer.
Both Democrats and Republicans care about border security. That’s why President Trump should reopen the government—so our elected leaders can have a full discussion and continue to work together on serious and effective strategies to make the country safer and more secure.
It’s time for Trump and McConnell to stop playing politics with our lives. We must reopen the government so we can negotiate meaningful solutions to border security. Call your senators NOW at 866-803-8830 and tell them: Stop the shutdown.
In unity,
Randi Weingarten
AFT President
Randi Weingarten
AFT President
Tuesday, January 22, 2019
Legislation to repeal the 3 percent TRS/SURS salary limitation introduced in the Illinois Senate and the House
Senate Bill 60: sponsored by Sen. Jennifer Bertino-Tarrant (D-Plainfield)
Sen. Dale Fowler (R-Harrisburg), Sen. Rachelle Aud Crowe (D-Glen Carbon) and
Sen. Neil Anderson (R-Andalusia).
House Bill 350: sponsored by Rep. Kathleen Willis (D-Addison), Rep. Michael Halpin (D-Rock Island), Rep. Terri Bryant (R-Murphysboro), Rep. Katie Stuart (D-Edwardsville) and Rep. Dave Severin (R-Benton).
Over the past few
months, the IEA has been working closely with members of the legislature to
repeal the recently-enacted 3 percent
salary limit law that shifts the state’s cost of paying for an educator’s
pensionable earnings to local school districts, institutions of higher
education and local property tax payers.
Educators across Illinois know
this new law is having a chilling effect on educator professional development
and is further inhibiting the ability of educational institutions to attract
and retain educators into a profession that is in the midst of a career
sustainability crisis.
|
|
1) This is a
diversion of local resources: The new law takes money from your local classrooms and
schools and sends it to Springfield.
2) The 3 percent limitation is being applied to active TRS and SURS members regardless of how close they are to retirement. Furthermore, many school districts and institutions of higher education are taking the position that all increases in compensation, for any reason, should not exceed 3 percent because they do not want to pay the additional costs of a pension payment. This reluctance is impacting the ability of these public schools and institutions to attract and retain the best and brightest while also having to compete against the private sector and out-of-state entities that can offer more attractive financial packages. 3) Career sustainability is at risk because of the 3 percent limitation. All type of pay is impacted, even compensation received as a result of pursuing a master’s degree or obtaining additional academic credentials, cost of living increases, stipends paid for extracurricular duties, coaching stipends, seniority payments, promotions (teacher to principal), overtime compensation, National Board Certified Teacher stipends and other duties that directly enhance the education of the students. It is true that the 3 percent limitation is a disincentive for school districts to offer any increase in compensation above 3 percent regardless of whether the educator goes the extra mile to be the best in their field. Ask your state senator to support SB 60 and your state representative to support HB 350. Just click here and type in your address; you will be able to see who your lawmakers are and how to get in touch with them. They will be in their home offices until Jan. 29 when they return to Springfield for session. Please go see them while they are home and use the three talking points above in your conversations. If you haven’t yet, take a moment to sign the petition. So far, more than 18,000 of your fellow IEA members have done so. |
Sunday, January 20, 2019
Saturday, January 19, 2019
“There simply is no more loathsome creature walking the political landscape than the Majority Leader of the United States Senate”
“As
its first act in the new Congress, the equally new Democratic majority passed something called House Resolution 1. It was a massive anti-corruption measure aimed at
restoring the credibility of American elections and safeguarding the franchises
for those whose right to vote had been assaulted by 30 years of conservative
mischief, both in Washington and in the states.
“It
advocated a constitutional amendment to reverse Citizens United. It proposed making federal Election
Day a federal holiday, and it forbade both partisan gerrymandering and voter
purges. It also mandated that the president and vice president reveal the
previous ten years of tax returns. (Can't imagine what gave them that idea.)
All in all, it was a clear declaration of support for the right of all eligible
citizens to vote, and for their votes to have meaning.
“On
the op-ed page of the Washington Post—Jesus,
Hiatt. Really?—Mitch McConnell called it ‘a power grab’:
“‘It
would also empower that newly partisan FEC to track and catalogue more of what
you say. It would broaden the type of speech the commission can define as
‘campaign-related’ and thus regulate. Many more Americans would have to notify
the feds when spending even small amounts of
money on speech or else be
penalized. That partisan FEC would also get wide latitude to determine when a
nonprofit’s speech has crossed that fuzzy ‘campaign-related’ line and then
forcibly publicize the group’s private supporters.
“‘Apparently
the Democrats define ‘democracy’ as giving Washington a clearer view of whom to
intimidate and leaving citizens more vulnerable to public harassment over
private views. Under this bill, you’d keep your right to free association as
long as your private associations were broadcast to everyone. You’d keep your
right to speak freely so long as you notified a distant bureaucracy likely run
by the same people you criticized. The bill goes so far as to suggest that the
Constitution needs an amendment to override First Amendment protections.
“That's
bad enough, but here comes the line that, if the WaPo opinion editors had any guts, they
would have either cut from the piece, or killed it entirely.
“‘I’m
as firm a supporter as anyone of vigorous debate and a vibrant political
discourse — but I don’t think Americans see an urgent need for their tax dollars
to be used to bankroll robocalls and attack ads, including for candidates they
dislike.
“Jesus,
Hiatt. Seriously? Let's ask Elizabeth Warren how firm McConnell's support for
vigorous debate is. Hell, let's ask Merrick Garland how much he enjoyed Mitch
McConnell's vibrant political discourse.
“There
simply is no more loathsome creature walking the political landscape than the
Majority Leader of the United States Senate. You have to go back to McCarthy or
McCarran to find a Senate leader who did so much damage to democratic norms and
principles than this yokel from Kentucky. Trump is bad enough, but he's just a
jumped-up real-estate crook who's in over his head. McConnell is a career
politician who knows full well what he's doing to democratic government and is
doing it anyway because it gives him power, and it gives the rest of us a
wingnut federal judiciary for the next 30 years. There is nothing that this
president* can do that threatens McConnell's power as much as it threatens the
survival of the republic, and that's where we are.
“McConnell
declared himself in opposition to Barack Obama right from the first day in
office. There's even video. Most noxiously, in reference to our present moment,
when Obama came to him and asked him to present a united front against the
Russian ratfcking that was enabling El Caudillo del Mar-a-Lago, McConnell
turned him down, flat. Moreover, he told Obama that, if Obama went public,
McConnell would use it as a political hammer on Hillary Rodham Clinton. (Obama
should have done it anyway, god knows.) McConnell issued a watery denial of
these charges, but there's no good goddamn reason to believe him.
“He doesn't have
the essential patriotism god gave a snail. He pledges allegiance to his donors,
and they get what they want. He's selling out his country, and he's doing it in
real-time and out in the open. This is worse than McCarthy or McCarran ever were.
Mitch McConnell is the thief of the nation's soul” (There Is No More Loathsome Creature Walking Our
Political Landscape Than Mitch McConnell (Yes, that includes the jumped-up
real-estate crook in the White House))by Charles P. Pierce.
Tuesday, January 15, 2019
A New Study Compares the Investment Expenses Paid by Large Public Pension Funds
“A new study, [Public Pension Management and Asset Investment Review Commission],… compares the investment expenses paid by
large public pension funds. Although such comparisons are difficult because of
vast reporting discrepancies, the study still raises important questions about
investment expenses of these funds—including some in Illinois…
“Among 84 funds with assets over $10 billion… by far the most expensive on the list was
Illinois’ largest fund, the Teachers’ Retirement System (TRS), at 1.58%, or
$778.6 million…
“[T]he State Universities Retirement System (SURS), ranked 42nd
with an expense ratio of 0.34% and expenses of $63.3 million, and the Illinois
State Employees’ Retirement System (Illinois SERS), ranked 67th at 0.17% with
expenses of $28.9 million. The average expense ratio for the 84 funds was
0.37%.
“Caution should be used in interpreting this information. As
noted in the Pennsylvania report, it is difficult to precisely compare
investment expenses among public funds because they are not reported
consistently. This is particularly true for expenses related to so-called
alternative investments that are not publicly traded, such as real estate,
private equity and hedge funds.
“Illinois TRS’ ranking is partly attributable to a reporting
change in FY2016 that more than doubled investment expenses, according to a
spokesperson. Before FY2016, TRS subtracted real estate investment expenses
from real estate income and showed only net real estate income in its
Comprehensive Annual Financial Reports (CAFRs); the fund subsequently reported
real estate expenses and income separately. Although the change made TRS’ investment
expenses appear higher, it did not have any financial impact, the spokesperson
said. Without the additional expenses related to real estate and other
alternative investments, TRS’ investment expenses in FY2017 would have been
$349.6 million instead of $778.6 million and its expense ratio would have been
0.70% instead of 1.58%...
“Besides reporting differences, funds’ investment expenses can
vary due to the mix of investments. Over the past decade, public pension funds
across the country have increasingly turned to higher-fee alternative
investments to meet their investment return targets, but the
use of alternative investments varies widely. In FY2017 TRS had 40.3% of its portfolio in
alternative investments, 35.5% in stocks and 21.5% in bonds; for the 81 funds
with assets over $10 billion that report allocations, the average mix was 26.2%
alternative investments, 48.9% stocks and 22.4% bonds, according to Public
Plans Data. (These numbers don’t sum to 100% because of a small percentage of
assets in cash and other investments.)
“Investment expenses also depend on whether a fund’s investment
approach emphasizes high-fee active management or low-fee indexing. As
explained in the Pennsylvania study, active investing involves managing a
portfolio to outperform the returns of a given market index, while index or
passive investing involves investing in a set of securities to replicate the
performance of a market index. TRS uses indexing for 33.5% of its stock portfolio. Illinois
SERS, whose assets are managed by the Illinois State Board of Investment, has 65.9% of its total portfolio in
index-type investments. In 2016 the Board of Investment revised its investment
strategy to focus on indexing and reduce its exposure
to hedge funds…
“Of course, even high investment expense is justified if it
results in a higher return. However, the study concluded after subtracting fees
and adjusting for the risk of various asset classes that low-cost investments
usually outperform most managers.
“The Illinois General Assembly should consider requiring a
similar study of its public pension funds. While the recent change in reporting
by TRS is a step in the right direction, the public would benefit from uniform,
comprehensive reporting of fees across all systems. Moreover, a systematic
examination of asset allocation, investment approach and manager selection
would help ensure that investment expenses are warranted.
“Although investment costs are important, neither increasing
investment returns nor reducing investment costs will solve Illinois’ pension
problems. At the end of FY2018, the State’s five retirement systems—including
TRS, SURS, Illinois SERS and the Judges’ and General Assembly Retirement
Systems—had a total unfunded liability of $133.5 billion and
only 40.2% of the estimated assets needed to pay future benefits.
“Illinois is expected to spend $7.1 billion, or 18.2% of its general
operating expenses, on pension contributions in FY2019. Even so, statutorily
required State contributions are not expected to be sufficient to keep the
unfunded liability from growing until FY2029.
Under Illinois law, the State’s FY2020 contribution to TRS is
$4.8 billion. The fund’s actuaries estimate that full funding would be 63.7%
higher at $7.9 billion” (Public Pension Management and Asset Investment Review Commission). These excerpts are from the Civic Federation, January 11, 2019.
Monday, January 14, 2019
"From Russia with Love"
“President Donald Trump told reporters on the South Lawn of the White House Monday [January
14] that suggestions he was some sort of Russian agent were totally ridiculous,
and insisted that the entire special counsel investigation into Russia's
interference in the 2016 election is a ‘whole big fat hoax.’
“It's in
keeping with his broader approach to the question of Russia's election meddling
efforts and ties between those close to his campaign and actors for foreign
powers: This is all a sham. Special counsel Robert Mueller is out to get him --
as is the entire FBI. They've got nothing. (The 192 criminal counts, 36 people and entities charged, seven people who
have pleaded guilty, the four people sentenced to prison and the one person
convicted at trial as a result of the Mueller probe make clear,
of course, that Trump is wrong.)
“But even if
you ignore all of those facts about the Mueller investigation, there's still
one question I keep coming back to over the last 48 hours: Why did Trump go out
of his way to ensure that no records of his meetings with Russian President
Vladimir Putin exist? These two paragraphs, from The Washington Post's Greg Miller,
are staggering stuff:
“‘President Trump has gone to extraordinary lengths to conceal details
of his conversations with Russian President Vladimir Putin, including on at
least one occasion taking possession of the notes of his own interpreter and
instructing the linguist not to discuss what had transpired with other
administration officials, current and former U.S. officials said....
“‘The constraints that Trump imposed are part of a broader pattern by
the president of shielding his communications with Putin from public scrutiny
and preventing even high-ranking officials in his own administration from fully
knowing what he has told one of the United States' main adversaries…’
“WHAT!
“Think of that
decision for a minute. The dark cloud of Russia's involvement in the 2016
election has followed Trump since almost his first day in office. The US
intelligence community concluded unanimously almost two years ago that the
Russians actively sought to interfere in the election to help Trump and hurt
Hillary Clinton. Any number of his past associates on the campaign -- and some
within his administration -- have pleaded guilty to lying to Mueller about the
nature and breadth of their interactions with the Russians. His top three
campaign advisers -- Paul Manafort, Donald Trump Jr. and Jared Kushner -- met
with Russians at Trump Tower in June 2016 under the promise that the Russians
had dirt on Clinton. At a news conference following their summit in Helsinki,
Trump sheltered Putin and Russia from blame in the election interference
operations, insisting that the Russian president said he didn't do it and there
was enough blame to go around on all sides.
“There's more,
but you get the idea. In a vacuum, the President of the United States going
above and beyond to shield his communications with the Russian president would
be concerning. Given what we know about the Trump campaign and Russia, it's
downright alarming.
“Now, back to
my unanswered question: Why, if you are Trump, would you purposely shield your
conversations with Putin even from your own aides? Why would you take notes
from a translator at one encounter and urge that person not to reveal what
transpired -- even to your senior aides? Why would you, as Miller notes in his
story, ensure that ‘there is no detailed record, even in classified files, of
Trump's face-to-face interactions with the Russian leader at five locations
over the past two years.’
“That's doubly
true given Trump's recounting Monday morning of the meeting in Helsinki with
Putin. Said Trump:
“‘That was a very good meeting. It was actually a very successful
meeting and I have those meetings with everything. I just know nothing about
it. ... It was a very, very successful meeting. We talked about Israel, we
talked about the pipeline that Germany is paying Russia a lot of money -- I
don't think it's appropriate. We talked about that. We talked about many
subjects, but I have those meetings one-on-one with all leaders including the
president of China, including prime minister of Japan, Abe. We have those meetings
all the time. No big deal.’
“So, the
meeting was: a) great; b) no big deal.
“Even without
all of the water under the Russia bridge, that would seem to suggest Trump
would be totally fine with sharing every bit of his (highly unusual) one-on-one
summit with Putin. And even if he wasn't comfortable sharing it with the
general public, he would certainly be willing to have some record of that
meeting (and others) that he and his senior staff could go over at a later
date. Right? And he certainly wouldn't go out of his way to get rid of any
ability by anyone other than him and Putin to know what went on in those
meetings, right? RIGHT?
“Here's the
thing: I don't know what Putin and Trump talked about in Helsinki or any of the
other times they have huddled over the past two years. What I do know is that
Russia ran an elaborate operation to interfere in the 2016 election to help
Trump and hurt Clinton because, at a minimum, they believed Trump would be
better for their interests. And that A WHOLE HELL OF A LOT of people in Trump's
orbit lied to federal investigators about their contacts with Russia.
“Add it up and
you get this: If Trump really didn't do ANYTHING wrong in relation to Russia,
the dumbest thing he could possibly do is what he did -- actively work to
scotch the official record of any evidence of what he and Putin have talked
about over the past two years. It's literally the most guilty looking thing he
could do.
“Which brings
me, again, to this: If he did absolutely nothing wrong and this whole Russia
investigation is a total hoax, why did Trump try to keep the contents of his
meetings quiet? Why would he do that?
“To me, that's
the question the press has to ask and ask and ask. Because the answer that
seems obvious is one that would deeply endanger Trump's presidency. And if he
is truly innocent of any and all allegations, then why lead people to believe
you might not be?” (The One Giant Question Donald Trump Still Hasn’t Answered on Russia by Chris Cillizza, Editor-at-large, CNN).
Please support House Resolution 1, introduced by House Democrats on January 3, 2019, by calling your senator and representative
“VOTING AND ELECTIONS LAWS: Voter registration would
be made easier. Citizens could register online or get registered automatically,
via data from driver's licenses or other government sources. For federal
elections, states would have to provide same-day registration and at least 15
days of early voting. Election Day would be a federal holiday.
“The bill would crack down on efforts to take voters off the
rolls or prevent them from casting ballots. Felons could regain their voting
rights after finishing their sentences.
“Federal elections would require paper ballots to prevent
computer tampering. State chief election officials couldn't get involved in
federal campaigns.
“The bill would declare an intent to revive core
anti-discrimination provisions of the Voting Rights Act of 1965 that were
effectively shut down by the Supreme Court six years ago. It would also state
that failing to vote isn't grounds for taking away a person's voter
registration.
“CAMPAIGN FINANCE REFORM: Provisions from the
Disclose Act would expand the prohibition on foreign political money and
mandate the disclosure of the big donors behind politically active 501(c) (4)
social welfare organizations.
“Digital companies, like Facebook and Google, would have to set
up public databases cataloging political ad purchase requests of $500 or more
and create new measures to block ad buys by foreign nationals.
“Presidential inaugural committees would have to disclose
expenditures, in addition to the existing requirement for donor disclosure.
This is a response to reports of unexplained spending by Trump's inaugural
committee.
“A new matching-fund program would support House candidates who
agree to raise only small-dollar contributions. (Similar provisions for Senate
candidates would have to come from the Senate.) The public financing system for
presidential candidates, largely irrelevant since 2012, would be updated.
The bill would quash "sidecar" super PACs that support individual candidates.
The bill would quash "sidecar" super PACs that support individual candidates.
“ETHICS: Presidents and vice presidents would have to release their tax
returns, something that happened routinely in past administrations but not in
this one.
“Presidents-elect would need ethics plans for their transition
teams and would have to file financial disclosures within 30 days of taking
office. The bill would tell presidents and vice presidents they should act as
if they are covered by the conflict-of-interest law, which actually exempts
them. Again, this wasn't an issue in previous administrations because past
presidents did not have the volume of business entanglements that Trump has.
“House members would be barred from serving on corporate boards.
Rep. Chris Collins, R-N.Y., is under indictment for allegedly using inside
information he gained as a corporate board member.
“House members would be forbidden to use taxpayer money to pay
penalties for employment discrimination. Former Rep. Blake Farenthold, R-Texas,
used $84,000 in federal funds to settle a sexual harassment claim by a former
staffer, said he would repay it, but changed his mind after leaving office.
Congress passed a bipartisan measure in December requiring members to pay out
of their own pocket for some settlements and court judgments in sexual
misconduct cases.
“The Supreme Court would have to establish a code of ethics,
something it has never had. The laws regulating foreign and domestic lobbying would be
expanded” (NPR).
Pass this on to your friends. Thank you.
To read more about HR 1, click here.
Saturday, January 12, 2019
An Important Message You Can't Miss
There are people in charge who don’t believe in science. Please join Conservation International and the fight to protect nature. WeNeedNature conservation.org/
Subscribe to:
Posts (Atom)