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- An #Illinois default: "It’s a safe bet that everyone will share in the pain—taxpayers, bondholders, and public pensioners alike"
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- "Yet at any other age than the divisive present, the report would not have been seen as controversial"
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Tag Archives: John Cullerton
Illinois’s arrogant politicians have mortgaged our future: “Not only did the public officials spend other people’s money, they spent money that didn’t exist. To cover their tracks, they borrowed vast sums and knowingly underfunded the very pensions they had sweetened”
CHICAGO TRIBUNE How Illinois politicians consciously created these debt and pension crises Editorial Board August 26, 2016 …The first revelation explains, in a way we’ve not seen before, how methodically Illinois officials dumped so much debt and unfunded pension obligation … Continue reading
Posted in Israel & Middle East
Tagged Illinois, John Cullerton, Michael Madigan, pensions
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