Thursday, August 30, 2012

Illinois Illinois, what you gonna do?

"By the rivers gently flowing Illinois, Illinois; O'er thy prairies verdant growing, Illinois, Illinois,  Comes an echo on the breeze, Rustling through the leafy trees, And its mellow tones are these, Illinois, Illinois, And its mellow tones"......

are screaming "How are you going to address these fiscal issues"?    Standard and Poors  yesterday downgraded the bond rating with the fair state (described above in idyllic terms in our state song) - the state that has the worst pension funding of any other state, among a host of other problems.  That is my pension we are talking about, so I have no answers, only questions.   How to fix this?  http://www.bloomberg.com/news/2012-08-29/illinois-debt-cut-by-s-p-after-lack-of-action-on-pension-funding.html

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