Illinois lawmakers ought to give up their state pensions. Legislators are part-time employees, but they make nearly $70,000 a year and in some cases can qualify for a pension after as little as four years in office at age 62. If they were elected before 2011, they can...
Finance
lllinois Moves Toward Insolvency
We're now making national news: After trying to tax Illinois to governmental solvency and economic dynamism, Pat Quinn, a Democrat who has been governor since 2009, now says “our rendezvous with reality has arrived.” ... Illinois was more heavily taxed than the five...
We’re Dying — Another 5.4 Million Get SS Disability
Yesterday I re-wrote about Tytler: A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. The post when on to cite recent news about how we're nearing...
Food Stamps & Taxes Suggest We’re Nearing the End
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from...