So here we are...post your comments, news and opinions as usual....
Hi Molly! Thanks for the fresh start. I had a miserably busy week last week and didn’t get in here, much.
I will try to do better this week.
Coming Collapse of State Budgets
If you wonder how a state with so much tax revenue can be bankrupt, as the State of Illinois is, then simply consider this.
Laura Murray, the recently retired Superintendent of Homewood-Flossmoor High School (my district) is being paid $19,907 per month to lounge by her pool in Barbados, or wherever. This number will go up every single year of her life, unless Illinois declares bankruptcy (please!) and defaults on these idiotic agreements and forces a restructuring.
There are over 3,600 retirees from Illinois education and government who will receive over $100,000 per year in retirement. Such a pension does not exist outside of government.
Jaibones on December 20, 2010 at 11:09 AM