Think Chicago's bad? Check out Illinois

Mike "Mish" Shedlock, a registered investment advisor representative for SitkaPacific Capital Management, takes apart the figures on Illinois' unfunded pensions. He adroitly explains the legerdemain that goes into making the numbers look better than they really are.

In other words, Illinois could be in even worse shape than commonly believed.

For information on my award-winning historical novel, "Madness: The War of 1812," visit: http://www.madness1812.com

Filed under: Illinois politics

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