The Chicago Public School system is broke. By now you know the score: pension promises cannot be met and union salaries and benefits are out of line with reality. Combined with bloated administration costs, the system is bankrupt. The Sun Times says the best hope is for teachers to accept a wage freeze. Best Hope? Not so fast. The contract is not up until 2012, and knowing what we know about unions, the picture is set for massive teacher layoffs or a gut wrenching strike and legal …

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Chicago Public Schools System Is Broke; Union Contract Mandates Raises Through 2012; Expect Fireworks