Ten U.S. states have public pension liabilities that are at least as big as their annual revenues, according to a Moody’s Investors Service report released on Thursday that found the Illinois pension bill was equal to 241 percent of its revenues. …...
Illinois broke federal securities laws in misstating the true health of the state’s depleted pension funds when going out onto the bond market between 2005 and early 2009, the Securities and Exchange Commission announced Monday. … The finding of...
I found this while at the Khan Academy. [youtube http://www.youtube.com/watch?v=Tczu_dvVuuk]
My comment on a brainless story: Since when is Crain’s the new PR mouthpiece for Quinn and Rahm? Except for the graphic this piece is nearly 100% opinion. So Indiana spent $300k on a campaign and got 20 or so companies to move. Those companies may provide...
Illinois was fifth in a ranking of extra wireless costs, the Tax Foundation said, with the user paying an average of about 21.8 percent in additional federal, state and local taxes and fees. Only callers in Nebraska, Washington, New York and Florida pay more. via...