May 22, 2013
Pension funds pressured to deny First Amendment rights to hedge fund managers the unions don't like.
May 23, 2013
At long last somebody asks why the requirement for a 3/5 vote for incurring state debt should not apply to pension debt.
May 20, 2013
May 17, 2013
Pending legislation sponsored by Dems will lower voting age to 17, though just for primary elections.
Bill passed by the General Assembly would allow DuPage County to consolidate units of government.
Might set precedent for the rest of Illinois.
Governor Quinn still needs to sign it.
May 16, 2013
May 15, 2013
Gasoline taxes are supposed to go towards roads.
"Senate President John Cullerton's pension reform proposal would slice only about half of what he estimated it would immediately cut"
"This is how business is done in the Illinois legislature: Promise the unions little if any change in exchange for political and financial support...."
May 13, 2013
May 9, 2013
Only the unions understand the insolvency game: The winners are those who slap their liens on first
And the savings would be minimal
May 8, 2013
This reform proposal would do little, but a group of retired teachers will sue anyway.
May 6, 2013
Would have little effect on the problem.
May 5, 2013
May 1, 2013
Stick it to the Kids -- let them pay for this mess
Courts to seize any tax dollars needed to fund the pensions
The negotiation is culminating among legislators with pensions and union chiefs with pensions; disputes to be resolved by judges with pensions
April 30, 2013
Yet another source shows that the official pension deficit numbers are baloney
ILLINOIS REMAINS IN DENIAL
Current reform proposals would barely dent the problem
Pensions make them multimillionaires at age 50: To buy an annuity of $100k/year would cost about $2 million.
That's $2,500 per household.
May 21, 2013
May 18, 2013
May 14, 2013
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