-- Connecting the dots between our economy, government and business --
The hard part to ending legislative pensions will be getting lawmakers who are currently earning pension benefits on board. It will take lots of pressure from constituents to make that happen, but it’s not impossible. You can bet a bi-partisan public is fully behind ending legislative pensions.
Comment: He’s the financial guy who first floated the idea of the $10 billion pension obligation bond for Chicago.
Statewide home sales in September totaled 12,432, a more than 10 percent drop from September 2017, according to Illinois Realtors.
In Illinois, all three of the area markets that Attom measured – Chicago, Peoria, and Rockford – showed deceleration. Blomquist said property taxes and the higher mortgage rates can bring appreciation to a crawl.
Buyers of high-end homes would be required to pay tens of thousands of dollars to help fight homelessness under a proposal being introduced at a Chicago City Council meeting this week. Brokers worry about the effect on the already-sluggish luxury market.
Illinois politicians are rewarding Chicago Public Schools for losing students and perpetuating the district’s failed brand of education. The new education funding formula protects the base amount CPS gets from the state even though the district lost another 10,000 students in 2018.
How far has respect for freedom of speech sunk? How unaware are some Illinois lawmakers about constitutional protection for speech? House Bill 5977, now pending in the Illinois General Assembly, informs us.
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