Illinois Credit — Worst in the Nation

Illinois fell to the bottom of all 50 states in the rankings of a major credit ratings agency Friday following the failure of Gov. Pat Quinn and lawmakers to fix the state’s hemorrhaging pension system during this month’s lame-duck session.

Standard & Poor’s Ratings Service downgraded Illinois in what is the latest fallout over the $96.8 billion debt to five state pension systems. The New York rating firm’s ranking signaled taxpayers may pay tens of millions of dollars more in interest when the state borrows money for roads and other projects.

“It’s absolutely bad news for taxpayers,” said Dan Rutherford, the Republican state treasurer.

Illinois received its bottom-of-the-pack ranking when it fell from an “A” rating to “A-minus.”

via Chicago Tribune.

Well there you have it.  The Machine, the Illinois combine has driven us straight into the gutter.  The cost of the billions and billions of debt is going up and up.  The taxpayers are stuck with the bill.

It’s old news but I’d like to review this for the record.  I have only three (3) Republicans that represent me.  Every single other elected official that represents me is a Democrat.

Alderman Bob Fioretti – D
Mayor Rahm Emanuel – D
Chicago City Clerk – D
Cook County Clerk of Courts – D
Cook County Treasurer – D
Cook County Assessor – D
Cook County Recorder of Deeds – D
Cook County States Attorney (DA) – D
Cook County Board Member – D
Cook County Board President – D
IL House Seat, Derrick Smith (Current under indictment) – D
IL Senate Seat, Patricia Van Pelt – D
IL Governor, Pat Quinn – D
IL Lt. Governor, Sheila Simon – D
IL Attorney General, Lisa (I won’t investigate my father) Madigan – D
IL Comptroller, Judy Baar Topinka – R
IL Treasurer, Dan Rutherford – R
IL Sec. of State, Jesse White – D
US House, Danny Davis – D
US Senate, Mark Kirk – R
US Senate, Dick Durbin – D
US President, Barack Obama – D

What is that?  3 of 22?  If you just take the State folks it’s 2 of 17.  2 of 17.  That’s 11.76% of my elected persons are not Democrats.

So let me ask you, if I was looking to blame someone for the mess that we’re in where would be a good place to start?

Indicted Derrick Smith to Host Legal Clinic

Derrick Smith, the indicted Near West Side state rep accused of accepting a $7,000 bribe, is organizing an event for locals who might need legal help of their own.

In the first publically organized event for his 10th District constituents since being arrested and indicted on bribery charges in March, Smith is offering a free legal clinic at his West Side office, 2532A W. Warren Blvd., on Saturday, July 21 from 10 a.m. until 1 p.m.

via Chicago Journal.

Laughable until ya think about it for a moment…

Derrick is facing a massive legal defense bill; one that he probably cannot afford to pay.  But he can leverage his office and invite a bunch of lawyers to come and hear about some new cases.  The lawyers get some fresh cases and will contribute a little something something to Derrick’s legal defense fund.

There’s no corruption problem and a little more corruption cannot solve.

Derrick Smith ‘I intend to fight these charges’

State Rep. Derrick Smith on Monday spoke publicly for the first time about his bribery case, saying he would not “cower” and vowing to fight the charge against him.Holding a prepared statement in front of him and talking in a shaky voice minutes after he pleaded not guilty to a federal court indictment, the West Side Democrat referenced “shenanigans” he said the FBI pulled on him. Smith’s lawyer later castigated the government’s confidential informant.

“I intend to fight these charges. I look forward to having the opportunity to clear my name,” Smith said in a press availability at the Dirksen Federal Courthouse. Smith said he was troubled by “the shenanigans being played by the FBI to lean on people around me.”

“I will not cower,” Smith vowed. “I intend to stand tall with my wife, family, friends, House colleagues and lawyers.”

via Chicago Sun-Times.

Seems to me like he’s going to be headed to prison but there’s no doubt that he’s entitled to plea not guilty and get a fair trial complete with a jury of his peers.

Derrick Smith Must Resign or Be Expelled — Dems Own It

The Democratic party was silent prior to the election of State Rep Derrick Smith on the issue of his resigning or getting off the ticket for allegedly accepting a $7000 cash bribe from an undercover FBI agent posing as a daycare center owner in exchange for a $50000 grant.

The silence of the Democrats is now over as they are calling for the resignation of Derrick Smith in unanimity, as if from a chorus, they are signing the same song, “Get out!”

Illinois House Speaker Michael Madigan and Minority Leader Robert Cross found an issue they can agree as they named members to a committee to investigate the charges and to call on Smith to “Get out!”

via Examiner.com.

Silent?!  The Dems weren’t silent:

The growing pressure on Democratic state Rep. Derrick Smith contrasts with the silence from party leaders who avoided such criticism in the days after the arrest, when it might have affected his primary race.

Some, including U.S. Rep. Danny Davis and Ald. Walter Burnett, 27th, encouraged voters to support Smith to ensure the West Side seat stays in Democratic hands. But that changed the day after his easy victory over Tom Swiss, a former Cook County Republican Party official.

Now Democratic leaders are moving to oust Smith and pick a replacement to run in the November general election.

Davis said that while he asked voters to cast their ballots for Smith, it was about ensuring the seat stayed in Democrat control and was not a show of support for Smith. Davis said Smith should not appear on the November ballot given the ethical cloud he now faces.

“I was glad to see Derrick win the election, but I think in reality one can say that Democrats won the election,” Davis said. “I don’t think they were necessarily voting for Derrick, but I think they were saying ‘Democrat, Democrat, Democrat.'”  …

Quinn likewise refused to call for Smith’s resignation before the election, only to change his tune Wednesday while on a trade mission in Brussels.

“The governor believes Rep. Smith should resign” because the charges represent a “cloud hanging over” him, said Quinn spokeswoman Brooke Anderson.

House Speaker Michael Madigan poured more than $60,000 into the race before Smith’s arrest.  Madigan has declined to comment on the situation.

via Chicago Tribune.

The Illinois Machine, made up of both Democrats and Republicans, is working overtime here.   The Machine is controlled by Chicago Democrats — the GOP’ers in their mist are really just tolerated because they play along — and they own this.

Jesse White, Danny Davis, Michael Madigan, Lisa Madigan, Pat Quinn… what have you done for the poor folks whom you represent?  Quinn’s new budget calls for cutting Medicaid spending by $2.7 billion next year.  Well who’s that going to hurt Governor?

Last year this cabal doubled our income taxes.  This year they want to kill Medicaid.  How about stopping the corruption that costs our cities and state billions every year?

The whole lot-of-’em need to be kicked out to the street and have their pensions cancelled.

State Rep. Derrick Smith Charged, Arrested

Ha ha ha ha!

State Rep. Derrick Smith, a Democrat from Chicago, was arrested today for allegedly pocketing a $7,000 cash bribe to write an official letter of support for a day care center he believed was seeking a state grant.

The arrest came after an undercover operation launched by the FBI in December with the help of an undisclosed individual who works on Smith’s political campaigns, according to the U.S. attorney’s office.

The informant told investigators that Smith had talked about needing help with fundraising since he was appointed to the House seat last year. Smith allegedly said he wanted donations in the range of $5,000 to $7,000 and was willing to accommodate reasonable requests from donors, prosecutors said.

via Chicago Tribune.

Oh, this guy is so going down.  Read the story; the U.S. attorney has this guy dead-to-rights.

But the real question is who’s going to go down with him.  Mr. Smith is (was?) supported by a literal who’s who of the Chicago Democratic Party.  Jesse White, the Teachers’ Union, AFL-CIO, Ald. Fioretti, etc.

What’s even more interesting is that Smith’s opponent, Tom Swiss, is a former GOP party official of some sort in Cook County.  So now Democrats are forced to decide whether to vote for a guy who takes bribes or a former Republican.

Down right hilarious.