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Our Illinois Pensions

Our Illinois Pensions

By Editor-in-Chief on August 29, 2012

The funniest thing is going on back in Illinois! The governor and the Legislature are bickering over when “pension reform” might come about.  What difference does it make?  Anyone who knows their way around an Income Statement and Balance Sheet knows that the Illinois economy is never going to generate enough revenue to meet more than a fraction of its obligations.  Who cares about “pension reform” except the recipients of public pensions?  As far as the 95% of the Illinois citizens who do not have public pensions are concerned, “when the money runs out, the money runs out”.    For the teacher’s pensions, this will be in about eight years.  Embrace it and move on, ye teachers!  (more…)

Posted in Issue 203, State | Tagged Illionois, taxes, teachers and public funding | Leave a response

White House Leaks Denounced by 9th Cong. District Candidate Tim Wolfe

White House Leaks Denounced by 9th Cong. District Candidate Tim Wolfe

By Editor-in-Chief on August 25, 2012

A recent documentary video has provided new insights into the extent to which the White House has leaked intelligence information that undermines the security of the United States. Tim Wolfe, candidate for U.S. Representative in the Ninth District, has condemned leaking security for information for political purposes. (more…)

Posted in Issue 202, State | Tagged Illionois, Politics, Tim Wolfe, White House leaks | Leave a response

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