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CAT Tracks for November 22, 2014
IL PENSION LAW UNCONSTITUTIONAL...AGAIN |
From the Southern Illinoisan
Judge rules Illinois pension law unconstitutional
CAT Tracks Editor's Note:
And just what part of that emphatic "NO!" does the State of Illinois not understand?
The popular definition of insanity being...
...doing the same thing over again and again and expecting different results.
Evidently Illinois officials cling to the theory that the third time is the charm...
...disregarding the "ostrich observation", that those who stick their heads in the sand leave their a..., uh, butts exposed.
Bears repeating:
'Let the Supreme Court Decide!'
The thing that was always blatantly stupid about this law was that while screaming massive debt that required/justified the State of Illinois to use "emergency police powers", lawmakers included the provision to cut member contributions to their retirement.
I mean, how crazy is that?!
"The state of Illinois made a constitutionally protected promise to its employees concerning their pension benefits," Belz wrote in a six-page opinion. "Under established and uncontroverted Illinois law, the state of Illinois cannot break its promise."
Attorney General Lisa Madigan's office said it will ask for an expedited appeal "given the significant impact" a ruling will have on the state's finances.