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unfunded pensions

CNBC’s Santelli On CPS Pension Fund: It’s A Ponzi Scheme

Dan & Amy are joined by CNBC On-Air Editor Rick Santelli who had this to say about the Chicago City Wire: "It is a great publication. I wish more print and blogs and commentators and analysts would zero in on some of these huge issues."

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Mark Glennon Is One Of The Most Dangerous Men In IL

Mark Glennon is a former corporate attorney and venture capitalist who understands bond markets, public sector pensions, the truth about Illinois' confiscatory property tax system and the rest of the state's financial house of cards and he breaks it all down at the news site he founded, Wirepoints.com. Glennon's facility with translating the Illinois Ruling Class' fantasy math into the tangible human costs it imposes makes him a dangerous man to Illinois pols and a must-read for Illinois residents.

On this edition of Against The Current, we explore questions with Mr. Glennon like, does Illinois have problems that can be solved or is it simply in a predicament with inevitable outcomes short of changes to federal bankruptcy law?  Can underfunded pension be salvaged? Is there a way to bring Illinois home values back, particularly for the 500,000 homes that are seriously underwater? What will happen to Illinois if it continues to lead the nation in out-migration?

We'll explore all of these topics and more with Wirepoints.com Founder Mark Glennon on this installment of Against The Current.

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Illinois Pension Liabilities: Unaccountable And Unaffordable

On this edition of Illinois Rising, Dan Proft & Ted Dabrowski, VP of Policy, Illinois Policy Institute, talk with Jason Gonzales on his previous run against House Speaker Madigan, and his current lawsuit against him. They also talk with Jared Walczak, a Tax Foundation Policy Analyst, about the current Illinois Tax Climate. Finally, they are joined by Bob Williams, a senior fellow at State Budget Solutions, to discuss the growing unfunded pension liabilities in Illinois.

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