Thursday, November 20, 2014

Tribune: Aldermen turn up heat on CPS' bond deals

Ald. Thomas by Chris Walker / Chicago Tribune
I was amazed to see that Ald. Latasha Thomas of ward 17 is leading this charge. I'm wondering if her leaving the city council at the end of her term has anything to do with this:
The Chicago City Council’s Education and Child Development Committee will hold a hearing to examine Chicago Public Schools’ borrowing practices, committee chair Ald. Latasha Thomas said Wednesday.

Eight aldermen signed a resolution calling for the hearing in the wake of a Chicago Tribune analysis of the school district’s foray into auction-rate debt. Leading the effort is 2nd Ward Ald. Bob Fioretti, who plans to run against Mayor Rahm Emanuel in the Feb. 24 mayoral election.

The Tribune found that CPS' 2003-07 issuance of $1 billion in auction-rate bonds, paired with interest-rate swaps, could cost the district $100 million more than traditional fixed-rate bonds would have.

"They were gambling with our children’s future," Fioretti said Wednesday in an interview with the Tribune.
...
Thomas said she had yet to see the resolution but was willing to explore the issue at committee level. Thomas, unlike Fioretti, typically sides with the mayor on major issues.

No hearing date has been set.

Wednesday, November 19, 2014

No kid hungry

[VIDEO] NOTE: The video above is a preview for the documentary Hunger Hits Home. You can watch the documentary directly from the Food Network website via the VIDEO link in the brackets.

I saw a few minutes of this documentary on the Food Network this morning. This is an ongoing concern here in these United States where we're concerned about our young people struggling with hunger.

While this blog hasn't consistently tackled this issue we have posted about it on occassion. What was shared here at one point was an appearance on C-Span's Washington Journal was actor Jeff Bridges and Bill Shore talking about hunger in America.

In my mind yeah hunger is an issue but so is health. We want to teach our young people to eat healthy and that's as important as ensuring that they have something to eat.

BTW, over the years I have been tempted to share programs from Whole Foods Market to help schools start gardens. I know that they're not the only player as far a grocery stores in this activism. Perhaps to help not only the issue of hunger but of nutrition there are ways to attack this issue as well.