Monday, April 2

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Monday...and a nice day at that. 
Finally, a realistic story on teachers pensions.  This is the first time I have seen someone in an official role make the determination that all of us have known since the story first came to light.....there is no way for the cash outflow to continue.  there is no way for all the retirees to be paid in a manner they were promised.
http://www.pjstar.com/free/x2020319551/Illinois-pension-director-suggests-cuts-for-retired

it will be very interesting to see what the next steps are.  I find it funny that the story is in a Peoria paper, and no mention of it in the Chicago media.  just wait for the whining to start.  as it is, our income and property taxes are unaffordable....

so - Happy Monday. 

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