Tag: Illinois bankruptcy

Obama Center bleeds Chicago and Illinois taxpayers

Higher taxes and money from bankrupt Chicago and Illinois are the price of ripping up Jackson Park for the private Obama Center and two gentrified golf courses. It’s bad enough that public parkland is being confiscated for the private use of former President Barack Obama’s “Center” (it’s not a presidential library) to spread around his... Read more »

Why Illinois is better off bankrupt

That’s the view of the fiscally conservative Illinois Policy Institute. After itemizing the long list financial problems of the woe-be-gotten, “failed state”  of Illinois, the Institute concludes: It has taken Illinois’ state and local governments half a century to accumulate unsustainable levels of debt and unfunded liabilities. Today, it is virtually inconceivable the elected officials... Read more »