Every Illinois voter now has internet!

By: Diane Benjamin Remember all those horror stories of kids camped outside restaurants and public buildings so they could learn during COVID school shutdowns because they didn’t have internet at home? You either have received or will receive a postcard from the Illinois Secretary of State about Amendment 1: Remember when you used to get […]

Response to Illinois wanting Federal money

By:  Diane Benjamin One group doing some great reporting is Wirepoints.org.  They printed excerpts from the letter Illinois Senate Democrats sent to DC wanting a bailout.  See the story here:  https://wirepoints.org/illinois-senate-democrats-seek-massive-federal-bailout-for-state-going-far-beyond-coronavirus-impact-wirepoints/ Excerpt: Yesterday they printed the response from the Illinois House Republicans:  https://wirepoints.org/illinois-republican-congressional-delegation-respond-to-request-for-federal-bailout-wirepoints/ Excerpt: The letter is long but it says exactly what anybody with […]

More Local Dems hilarity

By:  Diane Benjamin Can 97% of taxpayers in Illinois pay less in taxes while the State plans to spend more?  The local Democrat Party must think citizens have ZERO common sense: They don’t mention Springfield is planning to give financial aid to illegal aliens too. The FLAT income tax has been continually increased.  The State […]

Illinois might create a Distressed Cities Fund

By:  Diane Benjamin HB 0875 is working its way through the Illinois House.  SB 0170 is working its way through the Senate. Both bills want the Treasurer is create a Financially Distressed Cities Fund. Both bills ignore Illinois can’t pay its bills.  Both also ignore why cities are financially distressed.  The biggest driver is pensions that can […]

Current pension reform bills not good enough

PENSION FUNDS’ EXPECTED RATES OF RETURN: “BIGGEST LIE IN GLOBAL FINANCE” By Ted Dabrowski  In the April 10 edition of The Wall Street Journal, Andy Kessler points out that the bankruptcy situation in Stockton, Calif., “may expose the little-known but biggest lie in global finance: pension funds’ expected rate of return.” Last June the city of […]