Illinois State Comptroller Leslie Munger announced there would be no pension payment from the state in November and maybe not December and maybe not until June.
We will still be getting our pension checks.
It means that the state will not be making their monthly payment to TRS and the other state pension funds.
Read the previous posts by trustee Bob Lyons for the numbers.
Not that Governor Rauner would give a rat’s ass if retired state workers did miss a few checks. He wants to shake things up, remember. He’s holding the state’s budget hostage to his union-busting agenda, and if that means no pension checks to old folks, so be it.
So, Anne and I stopped off at Whole Foods the other day for a few items to take on a weekend drive. We don’t normally shop at Whole Foods because it is just too expensive. If we’re going to spend extra money on fresh produce, we still have the Logan Square farmers’ market – for a few more weeks anyway.
Walking in I noticed that Whole Foods has created their own certification program called Responsibly Grown.
Or Not Really Organic. What they have done is make up a name for products and requirements for farmers and agribusiness. It allows them to sell more stuff – still over priced, but slightly cheaper – without actually meeting the tougher government requirements for organic labeling.
It is a form of corporate self-regulation.
Am I comfortable with that? Nope.
How is that different than the other stories I have been posting about?
Social Impact Bonds and Pay for Success allows Wall Street and Goldman Sachs to create criteria for identifying special education students which substitutes those criteria for regulations that the feds have created through special education laws.
Government regs replaced by self-governing for-profit corporate regs.
Comfortable with that?
Pearson, the for-private education monopoly is now running teacher certification programs. Pearson and Stanford University have teamed together to replace the state teacher certification function with a private for-profit one.
Feeling more comfortable?
Or the CPS scandal.
Here is what the investigative journalist Sarah Karp wrote in her original Catalyst story that broke the news on Barbara Byrd Bennett and SUPES.
Yet the certification issue raises red flags as well. For one, Illinois, like most states, has its own certification for principals and administrators, called a Type 75 certificate. The certification issued by the Supes Academy, through the American Academy of School Administrators, is an additional, unofficial certification that is intended to “sharpen the skills of superintendents.” In addition, the Supes certification was just launched in April of this year—and it was at least partly self-created, by Supes itself.
Privatizing certification and corporate self-regulation.
What could possibly go wrong?