Category: Illinois Budget Deficit

A Thunderbolt Finally Hits Illinois Lawmakers On Pension Abuse

A Thunderbolt Finally Hits Illinois Lawmakers On Pension Abuse
One has wonder what in the hell took so long for Illinois Lawmakers to finally realize that their actions have contributed to rampant pension abuses. And I seriously doubt that the latest Chicago Tribune / WGN Investigation was the first revelation given lawmakers over the decades either. Whatever the case – at least today Illinois... Read more »

Number Of Taxing Districts Out Of Hand But Aren't We To Blame?

Number Of Taxing Districts Out Of Hand But Aren't We To Blame?
Back on April 21st I published a post describing how 6,994 Local Government Units were over-burdening Illinois Taxpayers. Well, forget that 6,994 number. According to an article by the Chicago Tribune Watchdogs, that number now stands at nearly 8,500. The original number was high enough to make anyone take a double-take, but my goodness Illinois... Read more »

Illinois Households Will Owe State $42,000 Each

Illinois Households Will Owe State $42,000 Each
As it stands right now, each Illinois household is responsible for the repayment of $10,000 to reimburse bondholders due to the inaction of our Democratic dominated legislature. However, when we add in all the unpaid bills, pension requirements and health-care liabilities that are rapidly piling up, that repayment figure will jump to a whopping $42,000... Read more »
Advertisement:

Illinois Pension Systems - Is It Fair To Taxpayers? Ask The Double-Dippers!

Illinois Pension Systems - Is It Fair To Taxpayers? Ask The Double-Dippers!
Political Pensions have long been under-funded, but at the same token not very equitable to the taxpayers that must subsidize them. I suppose what bothers me more than anything is that some very fortunate career politicians make a hell of a lot more retired than they actually earned. I certainly do not begrudge any government... Read more »

A Frank Discussion With Illinois State Representative Tom Cross

A Frank Discussion With Illinois State Representative Tom Cross
Representative Tom Cross (R-Oswego) happens to my representative as well as the minority leader in the Illinois House. And even though I don’t always agree with the man, he has been mostly good for our district and accessible. This past week was no exception. I began my dialogue with Representative Cross via an email that... Read more »

Illinois Infested With Public Pension Fund Abusers: Protected By Legislature

Illinois Infested With Public Pension Fund Abusers: Protected By Legislature
The list of public pension fund abusers in Illinois is long, but, if anyone wants an introduction then all they need to do is start at the Chicago Tribune Watchdog area of their website. Stories regarding Tim Baldermann of Chicago Heights and Roy McCampbell of Bellwood are just a small sampling of a nasty secret... Read more »
Advertisement:

Illinois Hit With With 67% Tax Increase

Illinois Hit With With 67% Tax Increase
Illinois Governor Pat Quinn, in my mind, has been a political fraud for his entire career. The favorite refrain of his campaign ads was that “you know me,” and evidently more people than not bought it hook, line and sinker. Of course, the majority of his votes in the Democratic strongholds around the state, were... Read more »