Tag: Illinois

Progressive Government Destroys N.Y., California and Illinois

Richard C. Young - August 9, 2018

Move your business from these three nightmare states. Are you getting murdered by brutal taxes or just plain murdered, as in Chicago. The overall business climate...

Chicago Downgraded to Junk

E.J. Smith - Your Survival Guy - May 15, 2015

No surprises here that Moody's downgraded Chicago's credit rating to junk bond status. There's no way it can continue on like this without increasing...

Medicaid Fraud Illinois Style

Richard C. Young - September 18, 2013

It’s really hard to conceive of a worse rat’s nest of Medicaid abuse and fraud. If you thought Obamacare would lead to misery for...

Time to Move Public Sector Workers into a 401k

E.J. Smith - Your Survival Guy - July 11, 2013

Any real pension reform in Illinois, and in any state for that matter, should start with 401ks. Workers in the private sector have been...

The Oi(nk)s in Illinois

E.J. Smith - Your Survival Guy - June 26, 2013

From Adam Andrzejewski the founder of Open The Books: 47 Village Managers out-earn every governor of the 50 States: See the Top 10 Village Manager Salaries in...

Illinois State Attorney Protecting Your Right to Concealed Carry

E.J. Smith - Your Survival Guy - June 14, 2013

Pending legislation in Illinois could make it the last state to finally allow concealed carry. But Governor Pat Quinn (Dem) said he will not support...

Race to the Bottom Bonds

E.J. Smith - Your Survival Guy - June 12, 2013

Illinois issued $600 million in sales-tax backed municipal bonds yesterday. The state’s motto is “State Sovereignty, National Union”. With deals like this piling up...

Is Anyone Paying Attention Here?

E.J. Smith - Your Survival Guy - March 19, 2013

It turns out the state of Illinois misled municipal bond investors by not disclosing its unfunded pension liability. Here we are in 2013, and...

The Debt Bomb Ticking Near You

E.J. Smith - Your Survival Guy - November 15, 2011

Last week Alabama’s Jefferson County filed for bankruptcy. It owes $3 billion on a failed sewer deal. A few weeks ago the capital of...

Souter Wants his Own Constitution

Richard C. Young - June 14, 2010

David Souter's Bad Constitutional History - John O. McGinnis and Michael B. Rappaport, The Wall Street Journal Justice David Souter is attacking the idea of...