Friday, May 24, 2013

It's been 400 days since Gov. Quinn said he "was put on earth" to fix Illinois pensions

Pat Quinn: Why is this man smiling?
On April 20, 2012, Illinois' Governor Pat Quinn said this about the nation's worst-funded public pension system.
But I’m here to solve it. I know that I was put on earth to get this done.
That was 400 days ago.

Quinn was obviously wrong. Illinois' pension problem remains unresolved.

What has happened in the last 400 days?
  • Chicago Bulls point guard Derrick Rose was injured in Game One of a first round playoff series. The Bulls, sans Rose, made it to the second round of the 2013 NBA playoffs.
  • Occupy movement faded away.
  • The Summer Olympics were held in London.
  • The Benghazi terrorist attack killed four Americans.
  • Hurricane Sandy caused widespread damage on the east coast.
  • Barack Obama was reelected.
  • Quinn's office released "Squeezy the Pension Python" video.
  • North Korean dictator Kim Jong Il died
  • Pope Benedict XVI resigned.
  • White House AP phone records and IRS scandals emerged.
  • An EF5 tornado caused widespread damage in Moore, Oklahoma.
Every day, Illinois' $100 billion in pension debt grows by $17 million. Quinn, if he was the decent man his supporters claim he is, would do the honorable thing and admit that he is a failure.

Technorati tags:

1 comment:

Anonymous said...

Neither SB1 nor SB 2404 sufficiently address the issue.
Rather, they are they best legislators and critics such as Civic Federation think is politically possible.
These pensions have been juiced, spiked, gamed, and rigged.
They are so unfair to your Average John Doe taxpayer not receiving such a pension.
The pension benefits have been increased so many different times and ways by legislators since the sentence was added to the Illinois State Constitution at the 1970 Constitutional Convention.
"Membership in any pension or retirement system of the State, any unit of local government or school district, or any agency or instrumentality thereof, shall be an enforceable contractual relationship, the benefits of which
shall not be diminished or impaired."
The state has been in the business since 1970 of looking out for special interests first and foremost, not kids or taxpayers who aren't in a state pension special interest group.