Posts tagged "Illinois Public Pension Systems"

Scrap Public Pensions

Scrap Public Pensions
There has been one budget deficit after another – in one state after another due to runaway Pension Debt. And as much as I would like to say that the main problem is abuse, it isn’t. Yes it is true that pension abuse is rife in some places including Illinois. But the real issue with... Read more »

Illinois: So Much More Than Just A Deadbeat State

Illinois: So Much More Than Just A Deadbeat State
So what’s new in Illinois Politics? Absolutely nothing as Illinois Senate President John Cullerton was able to easily defeat the only logical and sensible proposal that could have put a sizable dent in a State Pension System that is putting the state on a sure path to bankruptcy. Oh well, Cullerton would rather placate the... Read more »