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ILLINOIS STATE TREASURER
DAN RUTHERFORD
The State of
The
State's Coffers
Tuesday, March 26, 5:30-8:30pm
The
Lounge at Iwan Ries, 19 South Wabash
Cocktails at 5:30, presentation 6:00-6:30
followed by discussion and more cocktails.
$40 includes drinks, two cigars, and sandwiches.
Reservations
are required.
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Dan Rutherford has been Treasurer of Illinois since 2010.
From 2003 to 2010, Rutherford served in the Illinois State Senate,
representing the 53d district, where he was also Assistant Minority
Leader.
While in the Illinois Senate, Rutherford distinguished himself by,
among other things, being the only GOP lawmaker to
vote yes
on the civil unions legislation before it headed to Governor Quinn’s
desk. Before becoming a senator, Rutherford was a member of
the Illinois House of Representatives from 1993 to 2003. From
1978 to 1980, Rutherford served as a legislative assistant to State
Representative Tom Ewing, and during the 1980s, he worked for
Service Master, where he eventually became responsible for the
expansion of Service Master's businesses internationally. Mr.
Rutherford holds a bachelor's degree in business administration from
Illinois State University.
According to
ballotpedia, "On May 23, 2011, Rutherford said he could not
support adding to Illinois's burgeoning debt. He released his
own report that states Illinois's total debt would cost every
household in the state $42,000. Rutherford arrived at the number by
adding Illinois’s $140 billion in unfunded pension and health-care
liabilities, the state’s $45 billion bond debt, and the nearly $8
billion in unpaid bills. The treasurer said lawmakers must cut
spending and live within their means in order for Illinois to pay
off the debt. 'You can’t borrow any more money,' said Rutherford.
'And if I need to send letters to the rating companies to tell them
the treasurer of Illinois is opposed to any more borrowing, I’ll go
ahead and do that.' Rutherford said alerting national rating
agencies and bond houses could make it more expensive for Illinois
to borrow. He said he hopes that step would give lawmakers
pause before asking for a billion dollars. Rutherford, along
with Illinois Comptroller Judy Baar Topinka, came under criticism in
September 2011 for giving pay raises during a fiscal crisis. Topinka
gave 56 employees raises of at least 3 percent and several employees
raises up to 15 percent. Rutherford gave out 19 raises
averaging 16 percent increases. The issue came to light by an
analysis of payroll records by the Better Government Association, a
Chicago nonprofit group."
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About
the Cigar Society of Chicago
ONE OF THE OLDEST AND greatest
traditions of the city clubs of Chicago is the discussion of
intellectual, social, legal, artistic, historical, scientific,
musical, theatrical, and philosophical issues in the company of
educated, bright, and appropriately provocative individuals, all
under the beneficent influence of substantial amounts of tobacco
and spirits. The
Cigar Society of Chicago embraces this tradition and
extends it with its Informal Smokers,
University Series lectures, and Cigar Society Dinners,
in which cigars, and from time to time pipes and cigarettes,
appear as an important component of our version of the classical
symposium. To be included in the Cigar Society's
mailing list, write to the Secretary at
curtis.tuckey@logicophilosophicus.org.
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