An Illinois Pension Bailout? Governor Quinn wants you to guarantee his state's pensions.

The Wall Street Journal reports:

Now that Chicago's children have returned to not learning in school, we can all move on to the next crisis in Illinois public finance: unfunded public pensions. Readers who live in the other 49 states will be pleased to learn that Governor Pat Quinn's 2012 budget proposal already floated the idea of a federal guarantee of its pension debt. Think Germany and eurobonds for Greece, Italy and Spain.

The newest scam to steal money from you.