‘After the Chicago Teachers Union rejected Chicago Public Schools’ latest contract proposal, district officials said they would stop paying a sizable portion of teacher pension contributions and make cuts to school budgets. Union president Karen Lewis referred to these threats as a vindictive “act of war” designed to pressure the union into signing the contract. […]

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‘The latest quarterly report from the Office Of the Currency Comptroller is out and as usual it presents in a crisp, clear and very much glaring format the fact that the top 4 banks in the US now account for a massively disproportionate amount of the derivative risk in the financial system. Specifically, of the […]

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