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Part 2: To solve the pension problem retire the pension system. Why is the government in the retirement business anyway? Political control is the only reason. If the state controls the future retirements of…
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Part 1: No it is not the solution. Illinois House leader Tom Cross has suggested a new plan to resolve the pension funding issue. It has three new options for current employees (not retired…
Read MoreEditor’s note – the following is from Fox News Chicago: Pension expert Bill Zettler said the special provision was slipped into state law decades ago by politicians eager to get union support. In his…
Read MoreWhat Is Resource Acquisition? New Delhi, India – “Starving flood victims fought each other for scarce food supplies Monday…” Associated Press, Aug 6, 2009. Five years ago Fortune magazine reported military planners warning of…
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From the archive… Ten reasons why progressives’ 100-year ascendancy is about to begin its inevitable decline. 1. Progressives stand firm: “No compromise with voters.” Neither “tone deaf” nor “out of touch” are adequate descriptions…
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My answer would be absolutely not but unfortunately for us taxpayers 20,603 state retirees do have pensions greater than the total amount they contributed to their pensions when they worked. How does that compare…
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As Illinois stares into the pension payment abyss, we have to question the morality of unlimited pensions for part-time employees. Just last week the state announced $1.2 million in cuts to the meals on…
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From the archive: If you listen to union representatives and their lackeys in the media you will hear this constant refrain: Illinois pension problems are the direct result of the taxpayers not paying their…
Read MoreFrom the archive: The 5% of Illinois workers who are in the state pension systems cannot have an unlimited claim on the 95% who are not. The one huge problem with the current pension…
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While the Obama stimulus program provided over $30 billion in subsidies for renewable energy, all the wind turbines in the Midwest are not providing any energy at this moment of greatest need. In fact…
Read MoreI often read letters-to-the-editor or get an email from a teacher that says something like: “I worked 30 years as a teacher and …” But when I check the official state records that teacher…
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Teachers already retire early – why do they need an option to retire even earlier? Well if you are a public union (IEA – Illinois Education Association) and you give politicians over $50 million…
Read MorePresident appoints Amish buggy maker to Council of Economic Advisors. Two days after electrifying the nation with his brilliant economic analysis of the nation’s increasingly stubborn unemployment problem President Obama proclaimed his birthday as…
Read MoreAfter reading various news reports recently promoting “Education Week” I decided it would only be fair that I represent the taxpayer for “Taxpayer Week” where we taxpayers would solicit praise from various public employee…
Read MoreGive ’em a million, save a billion.
That is my answer to Darwin Heide’s letter urging all of us to call Springfield and let them know how upset we are that they are not raising our taxes by $320 billion (or $8 billion a year for the next 40 years) to make millionaires out of public employees when they retire at age 55.
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