Category Archives: Pensions

The 2017 Tax Offender of the Year

It’s once again time for that most prestigious of prestigious awards, the Tax Offender of the Year. To win this award you need to do more than cheat on your taxes; it has to be a Bozo-like action or actions. … Continue reading

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Illinois’ Pension Problems Get Worse; Lottery Checks Bounce

Two stories out of Illinois that are, perhaps, linked. First, the Illinois Lottery forgot to send some money to their bank. While a spokesperson for the Illinois Lottery said it was a mistake, one would think that balancing the checkbook … Continue reading

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Squeezy and Illinois

Sometimes you can’t make this stuff up. The video (below) is a real video from Governor Quinn of Illinois: Governor Quinn gives an excellent history of pensions but I notice there’s something missing from the video: solutions. Perhaps it’s because … Continue reading

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Pensions for All? California Legislator Introduces Mandatory Pension Bill

Every time I think the Bronze Golden State has reached a new low, I have to remember that I should never overestimate the intelligence of the California legislature. Kevin De Leon (D-Los Angeles) has introduced a bill that requires any … Continue reading

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