An “Audible Gasp” Was Heard When The Chicago Fed Unveiled Its “Solution” To The Pension Problem

Submitted by Mark Glennon of Wirepoints An audible gasp went out in the breakout room I was in at last month’s pension event cosponsored by The Civic Federation and the Federal Reserve Bank of Chicago. That was when a speaker from the Chicago Fed proposed levying, across the state and in addition to current property taxes, a special property assessment they estimate would be about 1% of actual property value each year for 30 years.

Source: An “Audible Gasp” Was Heard When The Chicago Fed Unveiled Its “Solution” To The Pension Problem

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This proposed tax would only address the five state pensions. What about the other 650-plus pensions in Illinois, particularly those for overlapping jurisdictions in Chicago which are grossly underfunded? The Fed was asked that at last month’s seminar and they, without explanation, said they didn’t bother to cover that.

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“Steal” more from property owners to “solve” only a part of a problem that they have no role in creating?

Sounds like a “great” idea.

Wonder who will turn out the lights when the last property owner abandons Illinois?

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What Reactions To A Maryland Sign Tells You About Anti-Gunners

President Donald Trump may well be the most controversial president in history. Yes, much of that has to do with such a blatantly biased media that wants to make everything into a scandal ( remember when Trump got *gasp* two scoops of ice-cream?

Source: What Reactions To A Maryland Sign Tells You About Anti-Gunners

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The anti-gunners forget that next to the drug gangs, the American gun owners can be, are, would be the finest guerrilla army in world.

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GUN: Will this be a constitutional challenge to NJ gun laws?

Rutgers Professor Charged With Illegally Owning Assault Weapon
A Rutgers professor and well-respected melanoma expert who lives in East Brunswick was charged with illegally owning an assault weapon.
By Carly Baldwin, Patch Staff | May 7, 2018 10:45 am ET | Updated May 7, 2018 11:02 am ET

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I hope that this case can be used to overturn the Pepuls Republik of Nu Jerzee’s UNCONSTITUTIONAL gun ban.

Anyone feel treated by this fellow?

Where’s the GOFUNDME page for him?


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