Will Illinois import Kentucky's pension idiocy?

Kentucky has spent much of the last three decades blowing up our public employee benefits plan, creating a $30 billion-and-growing unfunded liability. Illinois's Gov. Pat Quinn wants to spend the next three decades doing the same in the name of saving money.

Quinn's move is really just a much bigger bite of the apple Kentucky has nibbled at twice in the last twelve months.

I can hear the Obama Magic Bailout Machine getting revved up for this trainwreck already.