Remember, This Just LOOKS Bad
- If a lawsuit challenging Illinois’ new pension-reform law reaches the state Supreme Court, the overwhelming majority of justices might first want to extend a “thank you” before hearing arguments about the constitutional merits of the case.
That’s because they’ll be listening to their campaign contributors — literally — make a case for and against the historic new law that the General Assembly and Gov. Pat Quinn put on the books last month.
All told, state records show six of seven justices have taken close to a combined $3 million in campaign contributions tied to those with a stake in the pension debate: labor unions, business groups and a political committee controlled by House Speaker Michael Madigan, D-Chicago, who last month said the legislation could not have passed without his muscle.
Even a lowly state senator named Obama called this an "unseemly" practice years ago, and from what we've heard, this guy knows what he's talking about. Everyone would do well to keep an eye on that guy - he's an up-and-comer from the sewers of Chicago-style politics. He might go far one day, calling out even the appearance of impropriety like this. In fact, he might be just the guy to straighten out those pesky "Fast and Furious," Benghazi and IRS scandals that seem to be plaguing the national stage these days.
Labels: corruption, pension
22 Comments:
Blago came home for a holiday furlough and got his hair tinted. He looked healthy and said he goes back to club fed next Monday.
He closed a Greek resturant on Halsted New Years Eve dancing the night away yelling Oppa.
Dick Mell was there and said his shining son in law will be home for good by ground hog day.
Jeese Jr was seen doing a one on one with Dennis Rodman after a later New Years eve dinner at the wardens home. They smoked cigars until the sun came up.
Michael Sneed reporting.
let's be clear here. our democracy has been hi-jacked.
the federal reserve thru it's quantitative easing[printing more money from thin air] bullshit has forced interest rates to new all time lows.
this has two effects one of which is highly publicized the other they like to keep hidden.
while every single fixed income investor is a loser because their pension, ira, 401k, money can no longer get a interest rate of return based upon historic norms -- because the fed will lend money to business for less than your fund manager is seeking. the highly publicized story tells everyone that the feds low interest rate money, the qe, the money printing, what every you want to call it is good. that qe enables jobs.
well my friends. i ask you to look around and see what the feds qe money is being used for,
those low interest loans of 1-2 percent via the feds discount window that only corporations have access to is being used not to create jobs but to fund mergers and buyouts or to offshore construction and off-shoring.
take a look at chrysler we bailed them out. now they sold out to fiat and the only long term winners are the exec's popping their golden parachutes. cash for clunkers wasn't designed for the middle class. it was designed for the corp execs.
motorola merged with google
american airlines just merged with us air.
t-mobil merging with sprint.
the lists goes on and on. the free money provided by the fed is all going to the top corp elite who can then buy our politicians to make sure that there is no competition
there's no jobs being created from this. what is being created is a higher concentration of money and power,
hey, in the year 2000 we had over 18,000 banks in this country. today it's around 6,500. the too bug to fail banks are more powerful today than when they first created this economic crisis.
and you're gonna listen to obama telling you that he didn't go to washington to cater to a bunch of fat cat bankers. oh please.
The powerful wealthy elite robbing the modest pensions earned after a lifetime of service.
All to subsidize tax breaks for north shore traders, provide subsidies to savy developers, and give Fortune 500 companies tax incentives
It's merely a redistribution of wealth and stealing from the weak middle class and giving it to the politically powerful rich.
2014 and still no 3% non compounding COLA for those CPD retirees born after 1955
Meanwhile suburban and downstate officers get compounding COLAs
Social Security gets compounding COLAs to match inflation
These retirees pensions are losing value.
Do the 50 Aldercreatures get a Pension???? So Why 50 if there are cuts across the board in city services and the raising of fees and taxes? NYC doesn't have 50 Councilmen
We need say around 21 Alderman and make them a full time job
SSC is absolutely correct. Obama is someone we can trust. He is a straight thinker and will bring us together, while setting things right, and equalizing inequality. We can put our trust and faith in the wise leadership of Obama.
Hmmm. They must subscribe to the Mike Shields theory of picking your own hearing panel. I'm telling you the boy is gonna be governor some day.
Like everything else is this corrupt state not surprised even supreme judges are on the take, bought and paid for! Pity the lowly copper with no clout goes before any corrupt judge which is probably 100% of judges in this state! Watch the pension fall to the wayside whatever the madigan cabal wants they get!
Ten year rentention for judges, they're wealthy enough to have been in some sort of private practice for years and yet they need political campaign contributions from none other than Madigan endorsed organizations.
Another closed door discussion is needed here.
Contributions? Sounds more like bribes with a fancy title.
What about retiree health insurance?
Anonymous Anonymous said...
Blago came home for a holiday furlough and got his hair tinted. He looked healthy and said he goes back to club fed next Monday.
He closed a Greek resturant on Halsted New Years Eve dancing the night away yelling Oppa.
Dick Mell was there and said his shining son in law will be home for good by ground hog day.
Jeese Jr was seen doing a one on one with Dennis Rodman after a later New Years eve dinner at the wardens home. They smoked cigars until the sun came up.
Michael Sneed reporting.
1/02/2014 12:58:00 AM
Above post was a waste of bandwidth.
Anonymous said...
SSC is absolutely correct. Obama is someone we can trust. He is a straight thinker and will bring us together, while setting things right, and equalizing inequality. We can put our trust and faith in the wise leadership of Obama.
1/02/2014 07:38:00 AM
I know it's extremely difficult for you to admit President Obama is right. President Obama was right about unlimited campaign contributions,and now you see how the political process is owned by the 1%. Just remember, you were being f**ked over before he became president.
Wow, I didn't know that these Illinios Judges could take political contributions, now that I know, the next time anyone I know gets in trouble just pass a bribe on as a contribution, what a screwed up system we live with.
Anonymous said...
2014 and still no 3% non compounding COLA for those CPD retirees born after 1955
Meanwhile suburban and downstate officers get compounding COLAs
Social Security gets compounding COLAs to match inflation
These retirees pensions are losing value.
1/02/2014 05:38:00 AM
What are you talking about? CPD never got compounding COLA. No City of Chicago retiree got compounding COLA.
I was born before 1955, am now retired and get simple interest 3% COLA, like every other CPD retiree.
Don't let the rising waters of global warming overtake you.
Anonymous Anonymous said...
Blago came home for a holiday furlough and got his hair tinted. He looked healthy and said he goes back to club fed next Monday.
He closed a Greek resturant on Halsted New Years Eve dancing the night away yelling Oppa.
Dick Mell was there and said his shining son in law will be home for good by ground hog day.
Jeese Jr was seen doing a one on one with Dennis Rodman after a later New Years eve dinner at the wardens home. They smoked cigars until the sun came up.
Michael Sneed reporting.
1/02/2014 12:58:00 AM
Then I awake and look around me at the four gray walls that surround me
And I realized that I was only dreaming
For there's a guard and there's that sad old padre
Arm in arm we'll walk at daybreak
And again I'll touch the green green grass of home
"...Obama is someone we can trust..."
Please report to Random Drug Testing, 3510 S. Michigan Avenue.
Anonymous said...
2014 and still no 3% non compounding COLA for those CPD retirees born after 1955
Meanwhile suburban and downstate officers get compounding COLAs
Social Security gets compounding COLAs to match inflation
These retirees pensions are losing value.
1/02/2014 05:38:00 AM
What are you talking about? CPD never got compounding COLA. No City of Chicago retiree got compounding COLA.
I was born before 1955, am now retired and get simple interest 3% COLA, like every other CPD retiree.
Don't let the rising waters of global warming overtake you.
1/02/2014 06:00:00 PM
Re-read the post. He clearly differentiates between OTHERS getting compounding COLAs and CPD's NON-compounding COLA. His complaint is that those born in and after 1955 aren't even getting the non-compounding COLA, while the rest of the State and teachers and others are getting a compounded one, regardless of their birth year.
Anonymous said...
2014 and still no 3% non compounding COLA for those CPD retirees born after 1955
Meanwhile suburban and downstate officers get compounding COLAs
Social Security gets compounding COLAs to match inflation
These retirees pensions are losing value.
1/02/2014 05:38:00 AM
You are so right! Those retiring see no increase for at least 10 years! Those pensions are losing value!
I was born before 1955, am now retired and get simple interest 3% COLA, like every other CPD retiree.
Yes since you were born before 1955 you get the 3% simple COLA. Those born after 1955 do not. They don't get the COLA.
Anonymous said...
2014 and still no 3% non compounding COLA for those CPD retirees born after 1955
I was born before 1955, am now retired and get simple interest 3% COLA, like every other CPD retiree.
1/02/2014 06:00:00 PM
Re-read the post. He clearly differentiates between OTHERS getting compounding COLAs and CPD's NON-compounding COLA. His complaint is that those born in and after 1955 aren't even getting the non-compounding COLA, while the rest of the State and teachers and others are getting a compounded one, regardless of their birth year.
1/02/2014 11:12:00 PM
You are correct. I mis-read the thing. Sorry, my mistake.
The FOP was told (before Shields) that there will be no more pension enhancements that are not paid for in some way. A percent or a half percent bump in contributions for example. Nothing for free.
The city and state are breeding grounds for ASSHOLE'S along with the county every half intelligent person is aware of this.
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