Illinois Pension Benefits, Other Promises, and Insolvency
• https://www.themaven.netLet's take a momentary reprieve from Italian insolvency to discuss the sorry state of affairs in Illinois.
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Let's take a momentary reprieve from Italian insolvency to discuss the sorry state of affairs in Illinois.
In Illinois is a State that should just commit suicide and be emerged into surrounding states. It is following the EXACT pattern as the fall of the city of Rome itself. Constantine the Great moved the Roman capital from Rome to Constantinople around
An audible gasp went out in the breakout room I was in at last month's pension event cosponsored by The Civic Federation and the Federal Reserve Bank of Chicago.
Although Illinois passed legislation in 2013 requiring police to attain a warrant before using drones for most surveillance purposes, legislation reportedly backed by Chicago Mayor Rahm Emanuel would eliminate that restriction and allow the governmen
Gun rights groups filed two separate lawsuits against an Illinois town this week after it enacted an ordinance banning certain firearms and ammunition magazines.
Residents of a town in Illinois were just handed down an unconstitutional decree from their local government, they now have 60 days to give up their guns or be fined up to $1000 per day.
Illinois -- The Illinois House has passed a bill that will require legal gun owners to hand over ownership of heretofore legally possessed guns. Now, this most tyrannical bill has moved to the Senate and is one step away from becoming law.
The AR-15 is the most demonized firearm in the world these days (or at least in the United States). While gun folks tend to love the blasted things-yours truly included-anti-gunners see them as basically magazine-fed bazookas. Thanks to the media
Undeterred by national ridicule heaped on Illinois last year, statehouse Democrats are pushing again for passage of the "privilege tax" on investment managers.
What better time than now to borrow $107 billion to invest in stocks? That's what Illinois is actually considering.
Sell A Record $107 Billion In Debt To Fund Insolvent Pensions
The city of Chicago would seemingly rather watch homeless people die than allow a good Samaritan to offer up his home that doesn't meet their specs.
(Reuters) - Chicago Police arrested 50 people for using "secret groups" on Facebook to sell guns and drugs, the police said on Thursday, and they criticized the world's biggest social media network as being unhelpful during the 10-month investigation
say operator...CHICAGO (INTELLIHUB) -- WCKG 1530 AM radio station operator Matt Dubiel claims that The Alex Jones Show radio feed was cut off, "faded," as Jones started speaking about the U.N. vehicles which have already entered Chicago.
Citing a murder rate 500 percent less than Venezuela, Chicago is asking for UN troops, who are known around the world for sexual abuse, to be deployed.
Illinois owes a lot. But how much? And who does it owe this money to? It turns out that no one knows. According the Bloomberg, even the CFO of the state government doesn't know how much they owe. By the time he gets reports on public debt from stat
The Illinois legislature is in recess right now. Other than disbanding the body, that's the best place for them. When they return, they are going after your pocketbook in the form a gas tax hike.
Unless used for capital improvements, any new Illinois State borrowing, regardless of security structure, will amount to nothing more than kicking the can further down the road.
Illinois is chasing a moving target as it tries to dig out of the nation's worst budget crisis, and a review obtained by The Associated Press shows $7.5 billion worth of unpaid bills -- as much as half the total -- hadn't been sent to the official
Illinois now has a budget, the first in three fiscal years. An excellent writeup on The Stump entitled Illinois Financial Disaster: Even More Reactions to the Budget explains what passage of the budget does and does not do.
Chicago, Illinois, has a chronic inflated state problem disguised as a schooling problem. In order to eradicate the symptom, Mayor Rahm Emanuel has decided to attack those who suffer from it and not the actual root of the problem -- adopting a class
(Natural News) Although suddenly everyone is aware of the looming financial collapse of the State of Illinois, almost no one is aware of why it's actually happening. And the lying mainstream media -- purveyors of fake news -- won't dare tell y
Ron Paul Talks about trump and Chicago
Total capitulation by Governor Bruce Rauner is in the works. The taxoholics wore him down.
With Illinois facing a Friday night deadline by which it has to come up with its first fiscal budget in three years or face a downgrade to junk resulting in what a policymaker called a "death spiral", another mini drama is taking place in Connect
As if Illinois didn't have enough to worry about...
The reason I'm so much fun at parties is that my idea of a good time is to lecture everyone on cryptocurrency. I can pretty much talk bitcoin and blockchain with Hamiltonian fervor all night.
Bloomberg columnist Barry Ritholtz is a firm believer that government knows better how to spend your money than you do.
Illinois become the first?...(Natural News) For years Natural News founder/editor Mike Adams, the Health Ranger, has been warning Americans that many of the nation's public sector pensions are underfunded by hundreds of billions of dollars and are
What if everyone declared bankruptcy, would that solve all financial woes? Or rather, would it be the ultimate debt bubble burst? Bankruptcy is a "solution" that would become disastrous if everyone were to use it. So can it truly be considered a