Ask Terry Questions Illinois pension debt

Illinois pension debt

By Terry Savage on May 26, 2015 | Wild Card

Why aren’t the citizens of illinois clamoring for jail terms for the filthy, deceitful legislators who basically looted the state’s pension funds and indebted every illinois citizen to $20,000.00 in debt?

Terry Says:  I don’t know.  They’re easy to find.  A lot of them are still down in Springfield continuing their deceitful ways in the budget debate. At least one of them is in jail:  former Gov Rod Blago — oops thankfully he’s so out of the headlines, I’ve forgotten how to spell his name!   At the time he tried funding the pensions with proceeds from selling bonds (which needed to be repaid) I wrote columns calling it “accounting legerdemain”!



a personal
finance question