Home Chicago News Exactly How Screwed Are Chicago Pensions? – Stump Exactly How Screwed Are Chicago Pensions? - Stump April 4, 2017 5 Share on Facebook Tweet on Twitter “Very,” says actuary Mary Pat Campbell. h&m ShareTwitterEmailPrintGoogleFacebook Read Article Sort by: newest | oldest RickAll the recent quiet crafting of laws specifically designed to determine who gets what and when in bankruptcy is the best evidence. Evidence that we have been brought past the point of no return fiscally by these schmucks. And they know it. Why these laws all the sudden for banks, bond holders, etc.? It’s because they have to “lawyer up” Knowing it’s all now a Ponzi scheme. Not to stay out of jail, but to “get what’s mine” ahead of you. 2 months 22 days agoj.a.herzrentCould Chicago voters through referendum force appointment of a receiver under the Financially Distressed Cities Act? 2 months 23 days agoWirePointsDunno. I, for one, wouldn’t bother to research that because Chicago voters don’t have the slightest idea how bad it is, thank to our incompetent media. 2 months 23 days agohele cookIncompetent media? Biased media? Or don’t want to upset the apple cart? 2 months 22 days agoj.a.herzrentMultiple factors in my opinion. Print media is under financial stress and reporters’ jobs are in jeopardy, so they write about what will stimulate a dwindling supply of readers while seeking to avoid offending politicians and union leaders who could make waves with publishers and advertisers. TV and radio media are playing to whatever audience will listen to them (Fox vs CNN) so there is a bias about what will be covered and how it will be covered. There is a basic lack of understanding of complicated issues with the result that reporters develop “sources” who have a point of view to put forward, and then those… Read more »2 months 22 days ago wpDiscuz Recent Wirepoints Originals Speech Muzzlers Triggered: Chicago’s Theater Community On The Attack – WP Original June 21, 2017 Together we make great theater -- unless you disagree with us, in which case you're a bigot. New Study Details How Pensions Exploit New And Younger Teachers – Wirepoints Original June 14, 2017 Illinois gets an 'F' as you'd expect, but we have plenty of company on this. Why You Shouldn’t Believe The Illinois Budget Deficit Numbers Released This Week – Wirepoints Original June 11, 2017 True numbers are 2X or 3X worse and show the genuine bind Illinois is in -- not just an ego clash between Rauner and Madigan. Wait for July To Downgrade Illinois Bonds To Junk — For The Subprime Anniversary – WP Original June 9, 2017 And a look ahead for the near term. Would Congress Authorize Bankruptcy for Illinois and Other States? Yes, Inevitably. – Wirepoints Original June 4, 2017 All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. -Arthur Schopenhauer. And thanks to ZeroHedge for republishing this article. COGFA: State of IL Revenue Up In May But Still Down For Year – WP Original June 4, 2017 Up 7% for the month but still down 3.5% for the year-to-date. Great Speech By Rep. Jeanne Ives On ‘Union Thugs’ Vandalizing Construction Site of a State Rep. They Don’t Like – WP Original June 2, 2017 And shame on most of the Illinois press for ignoring this crime. Video: IL State Senator, Clueless About Bill He Sponsors, Blames Questioning On His Mexican Heritage – WP Original June 1, 2017 Truth is, most of the rest of the legislature doesn't know what the bill does either. It still passed. Same with most of what they rushed through this week. Skim through this database of City of Chicago salaries (and don’t vomit) – WP Original May 31, 2017 Names, titles, salaries and more.