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BANKRUPT: bank·rupt /ˈbaNGkˌrəpt/ adjective: bankrupt (of a person or organization) declared in law unable to pay outstanding debts. . By all conventional measures, Illinois is bankrupt. The State Supreme Court would disagree, having said in its decision to strike down … Continue reading
In his very first Executive Order, Governor Pritzker instructed that: . “Every State Agency shall, within 60 days of the effective date of this Executive Order, conduct a review of (a) all statutory obligations, and (b) all audit findings within … Continue reading
It’s been reported that J.B. Pritzker is going to double the salaries of his senior staff out of his own pocket. My initial reaction is to say that it’s his money, and if the process is transparent and fully reported, … Continue reading
The previous post dealt with a proposal to address the issue of our debt, laying out a “front-loaded” increase in payments to our pension debt so as to avoid ever-increasing payments due in future years. That post was written under … Continue reading