Thursday, January 21, 2010

Illinois Debate Prep: The People vs.the MACHINE

Check out this new activist site highlighting a key fiscal killer that desperately needs to be addressed: Pension Reform Opportunity in Illinois. Antiquated public employee pension laws are crippling Illinois cities and villages. Learn about the problem, and how you can be part of the solution. Daniel Henninger, WSJ today on the critical issue for Illinois and America. The significance of the Scott Brown victory--revolt against the public union machine.

Can we bring reform to corrupt and bankrupt Illinois?
wlsam890 Roe & Cisco will be moderating the Republican Gubernatorial Candidate Debate @ Chase Auditorium next Wed. LIVE at 4pm. Open to the public!

If you want to submit questions for the Rep. candidates, go here: http://www.wlsam.com/Article.asp?id=1573751
P.S. How about those Dem House Speaker Mike Madigan rules? House Speaker Michael Madigan says he follows a personal code of conduct to avoid conflicts of interest. Even so, some clients of his private law firm have benefited from his public actions.

P.P.S. Crain's: Illinois enters a state of insolvency:
"Unfunded liabilities and pension debt are projected to reach $95 billion by June 30. The state must contribute $5.4 billion to the pension funds next year, and more than $10 billion a year in the future. Required contributions will soon start increasing dramatically because the state has repeatedly pushed back a payment schedule enacted in 1995 to set aside enough to cover 90% of its pension obligations by 2045, up from 43% today, one of the worst unfunded liabilities in the nation."

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