Sunday, May 28, 2017

Majority of Illinois Cities Are Shrinking – Illinois Policy

While major headlines broke over news that Chicago was the only one of America’s largest 20 cities to shrink from July 2015 to July 2016, most of Illinois’ other cities with 50,000 people or more also lost population.

Six Terrifying Graphs That Summarize America’s Public Pension Crisis – Zero Hedge

"Illinois nearly completed the coveted state, county and city trifecta but was narrowly 'bested' by Wayne County, Michigan."

Recent Wirepoints Originals

Unbelievable: Illinois House Votes With Senate To Hand Over Public Assets To Bondholders – Wirepoints Original

Watch the video of the bill's sponsor, Rep. Barbara Flynn Currie, lying shamelessly about its purpose.

Brace for a Major Worsening in Illinois’ Fiscal Crisis – Wirepoints Original

A far deeper crisis for Illinois is inevitable, we've long said, but it's now more imminent because that certainty is becoming more obvious.

New Stanford Study Exposes Illinois Pensions as the Farce They Are – Wirepoints Original

Using a "market value" discount rate, just to keep Illinois pensions from sinking further into debt, the state would have to contribute "well over twice of what it actually contributed." Chicago and Cook County are toast, too.

Why Won’t Illinois Political Reporters Ask Meaningful Questions? – WP Original

Just ask, and keep asking. It's really not that hard.

NOTE TO READERS: New Software and Other Changes

By: Mark Glennon* We've switched over to a new software program, so please excuse us if we are down for a bit and you encounter bugs. If you do see any problems we don't fix, let us know by email linked here. Yes, we will be restoring a comments section. Cosmetically, it should look pretty much the same as soon as we are finished. However, the new software is more robust and will allow us to add other functionality as we...