Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
19 Comments
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
-- Connecting the dots between our economy, government and business --
Audio and summary 
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Acknowledging that Mark G. may have been a bond lawyer in his past life, I am unable to fathom how such lawyers could “opine” these financial instruments while scraping massive fees off the top. No doubt there are engagement letters and qualifications in the opinions that are designed to protect them from liability. Just like the adhesion contracts that come with new software or any and all banking and securities accounts. Mandatory arbitration of disputes adds to the hoax. Rating agencies and actuaries and CPAs are all at the party with the other guardians of the economy and the society.… Read more »
Yup. I’d be nervous if I were at some of those firms.
I recall Blago issued a massive Pension Obligation Bond that actually panned out. But if I recall correctly the IL legislature spent the savings so it ended up a failure. There’s a lesson there somewhere.