Illinois Teacher Pension Fund

Illinois should have taken a hint from states that handled their pensions problems sooner and better. But, given the level of corruption at the state level..... well, they have the best government money can buy!

+1, I think that sums it up pretty well.

As to making Joe taxpayer liable just because they voted Joe representative into office doesn't seem totally fair to me, as its hard for me to remember a time when a politician ever did the bidding of the people, so why should the taxpayers be on the hook? Lesson learned, when malfeasance takes place, everyone suffers.
 
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