Jan 13
The collapsing socialist city-state of Chicago is plummeting into bankruptcy, hiking taxes, and torturing its citizens at record pace. Now the public teachers of the City intend to strike! They have a median salary of $71,017 and contribute—on the high end—only 2 percent of their salaries toward their very lavish pensions. Their average salary (as …
Sep 15
Writer and economist Stephen Moore, a native Illinoisan, writes that: * Nearly one of three state tax dollars in Illinois now goes to paying pensions for retired municipal and state employees. * The Illinois government recently announced that its treasury had insufficient funds to pay off the State’s lottery winners. * Illinois was the home …
Jul 01
The financial world has been reeling from a series of worldwide financial crashes. This week, high-taxing, high-regulating Greece became the world’s first “first-world” country to default on an IMF loan. On Sunday, the governor of Puerto Rico announced that his Island State’s debts are unpayable. On Monday, the U.S. Dow plummeted 350 points. Also this …
Mar 14
In 2008, federal prosecutors were stymied because Rod Blagojevich, the former governor of Illinois, refused to plead guilty to corruption charges. (In recent years, in most American jurisdictions, roughly 80 to 95 percent of all criminal defendants plead guilty and waive their rights to trials.) It has now been revealed that federal prosecutors approached ROBERT …
