CTU to March and Rally Today for a Fair Contract, City and Schools Chicago’s Students Deserve

 

 

CHICAGO—Two days after Mayor Rahm Emanuel’s handpicked Chicago Public Schools (CPS) CEO Forrest Claypool declared war on public school educators by threatening $100 million in classroom cuts—roughly 1,000 layoffs—and the removal of teachers’ long-standing pension pick-up, the Chicago Teachers Union (CTU) will continue a series of non-violent direct actions with a mass march and rally from Bank of America (BOA) to City Hall today at 4:30 p.m.

 

 

Yesterday, the CTU withdrew nearly $1 million from its BOA account in protest of that bank and other financial institutions that sold CPS toxic interest rate swaps and are demanding a payout of at least $228 million—almost the exact same amount as cuts enacted by the Chicago Board of Education to schools and special education. In total, the City of Chicago and CPS will lose $1.2 billion on these toxic swaps, despite the CTU asking the Board for years to be a partner in challenging these rip-off deals.

 

 

WHO:
Rank-and-file CTU members, CTU officers, parents, students and community organizations, public education supporters and others

 
WHAT:
March and rally for a fair contract from Bank of America to City Hall

 
WHEN:
Thursday, February 4, 2016
4:30 p.m.

 
WHERE:
Bank of America
135 S. LaSalle St.

 

City Hall
121 N. LaSalle St.

 
WHY:
Mayor Rahm Emanuel has had every opportunity to pursue revenue from his wealthy friends and backers. Instead, he has targeted educators and students to pay for the Board’s mismanagement. Today, Chicago’s educators and public school supporters take to the streets to continue their fight for the city and the schools Chicago’s students deserve.