Ted joined Scott Slocum to talk about the need to tell the truth about Illinois’ problems, why the state’s pension crisis is such a national outlier, why our neighbors have so little pension debt and what that means for the state’s competitiveness, how pensions enrich the public sector, and more.
Read more from Wirepoints:
- Chicago’s black hole: Pension debts jump even though taxpayers pour billions into city funds
- This one graphic explains why Illinois is such a financial mess
- Illinois government’s $100K salary and pension club: 140,000 members and rising
- Look for Chicago’s pension mess to become worse. That’s a bad sign for taxpayers
- Illinois state pensions: Overpromised, not underfunded – Wirepoints Special Report
Audio and summary 
If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
Expect no retraction or apology. This what they do.
Bond investors are glad to buy our debt, because they know the politicians here will always put them first. Moodys, and the politicians are two wolves debating over what to have for lunch, and we are the lamb.
The law and constitution puts them first. If the politicians could figure out a way to cheat them they would.
Total Illinois Debt, state & local, is in excess of $200 billion. See Illinois Policy link below. Does not include payables.
https://www.illinoispolicy.org/reports/203-billion-and-counting-total-debt-for-state-and-local-retirement-benefits-in-illinois/#:~:text=This%20is%20the%20first%20report,debt%20for%20every%20Illinois%20household.
It has been true for at least a decade now. Government does not work for the people; the people work for the government. The taxpayer was put on earth to work for the government employees.
The public is now subservient to public servants. That was inevitable with the formation of public employee unions. And they are quite proud of their accomplishment.
We are blood donors to vampires
Subservient is just a nicer way of saying slave. You people aren’t just slaves. You actually revel in it. You even like it. You will complain all day but not lift a finger about it. I guess happy in their slavery was actually a thing back in the 1860’s.