Chicago Mayor Rahm Emanuel's more than $30 million campaign war chest wasn't enough to vanquish a crowded field of candidates in today's primary election to avoid a runoff election with his nearest opponent. Emanuel was held to a little more than 45% of the vote with more than 80% of the ballots counted. The shape-shifting reptilian will face Jesus "Chuy" Garcia, a Cook County Commissioner, in the runoff election. Garcia captured about 34% of the vote in the five-man field of candidates in a near-record low turnout election.
Interesting comment popped up on the Tribune web site in the lower right corner:
ReplyDeleteIndiana doesn't have red light or speed camera's, is ranked #3 in the nation and #1 in the midwest for Freedom, Is fiscally responsible, AAA credit rating, 2 BILLION dollar surplus, No pension issues, Doesn't send its governors to Federal Prison, 40% lower taxes...
Umm I think PERF (or INPRS) did have a mini-crisis a few years ago - not to the extent that Illinois IMRF has though. Not that long ago Marion County had a pension crisis with fire and police that pre-dated PERF and were paid out of the county's general fund. If I recall, the police were handed over to PERF with a big one time payment from a bond issue.
The problem is most of our recent governor's should be in prison but our US Attorney's are worthless as is our local media!
ReplyDeleteWe can only hope this is an omen of things to come for Indianapolis.
ReplyDeleteNeither PERF nor TRF are adequately funded, but the problem is that the govt created a defined benefit pension in the first place.
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