Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
23 Comments
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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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.
Leave it to people on a par with Gates/ Johnson when it comes to financial wizardry to invest in risky markets that when they go belly up, the chump investors have no recourse or chance of recovery. A person that fancied himself a wolf of Wall Street once tried to sell me Iraqi money futures reasoning that when the US took that country over, they would increase in value exponentially. Needless to say, he went bust and couldn’t do anything about it.
$2B investment in China seems kind of risky when the companies right here in the USA are doing just fine. The NY Post listed several “investment opportunities” made by Hunter in China. I wonder if the union sought his advice and invested in Postal Savings Bank, China Investment Corp, Founder Group, Thornton Group, Bohai Harvest and Bohai Capital, Lion Hall Group, Hudson West or World Food Program USA.
Would be a coincidence for sure.
It is worth noting that the Illinois Teachers Retirement System is different from the Chicago Teachers Pension Fund. Although both funds understand that investing in their own product, the employability of the scholars they currently produce, is a waste of money.
More proof that this country has lost its way.
Should invest in Chicago bonds, they pay above average interest rate. Wonder why they do not invest in Illinois.