Illinois Comptroller: "The State Can No Longer Function"

They reigned in public workers pensions?

 

Too bad for them this didn't come to a head when their buddy ****bama was in office. He would have printed them some money and bailed them out. Lotsa luck now.

 

Kalifornia is next....

As we have seen in the country for the past 120 years, liberal Left-leaning political waves do nothing but ultimately destroy healthy economies. The only way we have been able to get out of the holes dug out by Democrats and RINO's is to get into wars, or, plunge even deeper into wars we are already engaged in.

The only (ONLY) hope for this country now is that we enact emergency, iron-clad legislation that allows only self-supporting people to vote! If a person has taken UNEARNED, handout welfare of ANY kind during any particular calendar-year, then he is not (NOT) allowed to VOTE at any time during that calendar-year. That is the only way that we can avoid an inevitable and catastrophic plunge into a Socialism hell and its aftermath of insolvency, bankruptcy, and total civil breakdown....

Conclusion: robbing 'Peter' to pay 'Paul' destroys the lives of both Peter and Paul. What does a parasite suck on after it has sucked the blood out of its host-animal and kills it...?

. "I exist... therefore it is your DUTY to support me!"

 

Good observations. The parasite image sticks in my mind, albeit grosses me out as well.
Your voting proposal is sensible, those who are doing the supporting would seem to be less focused on "what's in it for me" and more on what is best for our nation. Unfortunately that idea would have far too many political and legal antagonists to ever happen.
I'm very pessimistic. Things are going to get far worse and scary before they get better (imo) --- despite Trump's (and only trump's,, thanks for nothing republican cowards) best efforts. The media and everyone wants to destroy him --- and themselves, apparently.

 

I knew this was going to happen soon. That's why I jumped ship last year. When I see how well my new home state runs with faaarrr less taxes, it underscores how poorly run Illannoy really is. Especially when I think about how high my property taxes where, and all the other taxes, and how little I got in return, and they're still going bankrupt. Democrats have run that state into the ground. No exaggeration, just a fact.

 

How the hell you think the last 8 years were "authoritarian" is beyond me, but NOW you're going to see what is true authoritarianism. This is Trump's MO, and Trumpians are only happy to obediently oblige.

Trump's continual lies, his attempts at kicking the press out of the White House, the opaque nature of the State Department he's developed, the undermining of government institutions, spreading fiction as facts, the continual flip-flopping on issues....all these and many more are indications of an authoritarian mindset.

That a 1/3 of our country cannot see this is THE most troubling aspect of all, for it is clear that it will take a catastrophe to wake that 1/3 up.

 

Massachusetts, too. The MBTA has more retirees than contributors.

 

If the millionaire ex CEO with no political experience governor would stop vetoeing

Yup, millionaire, ex-CEO with no political experience who can't get his anti-union measures passed since its democratic senate so he has held the budget hostage for 2 years now.

THis is what happens when you hire rich jerks with no experience who thinks its run like a dictatorship and doesn't care about all the poorer people he is totally screwing. I need to get the hell out of the POS state

 

They'll just need to re-negotiate those pensions won't they.

 

I'm not sure they can, per the state Constitution.

 

Another "liberals are poopyheads" thread by the really sad right wing lacking any intelligence or knowledge of the issue. Par for the course for right wingers.

 

LOL, you right wingers really have no shame, and absolutely no intelligence

Yeah, must be another one of those people asleep during the Obama presidency if you really are blaming the left.

Man, the power of Fox brainwashing is amazing

 

Then the state will just have to start liquidating assets like trains, planes, buildings, land and automobiles. A lot of the government will end up privatized.

 

Any kind of excuse is good enough these days, hey?
I would rather you were just spiteful of the right and driven to cover up all sins of the left because you think the end justifies any unscrupulous means. But it appears to be more of an incurable condition that shows no signs of a conscience.

 

And, so next you're going to tell us in what way anything you've said has any bearing on the topic of hyperliberal Democrats in Chicago turning the State of Illinois into a bankrupted "Venezuela"...?

And, so next you're going to tell us in what way anything you've said has any bearing on the topic of hyperliberal Democrats in Chicago turning the State of Illinois into a bankrupted "Venezuela"...?

.. "YOU Illinois slimebags caused YOUR OWN problems, now YOU fix them!"

 

That is my understanding as well, I think it went to the ILL supreme ct and got shot down. As I mentioned earlier, ILL is was my home state and I have a LOT of retirees from IL in my family. The teachers get pretty dam generous payments (as in "dam I wish I had a JOB that paid that well") but i'm pretty sure they are SS exempt so that factors in. I had a couple of Aunt's that retired a year or two earlier than planned because they were expecting cuts coming down the line and wanted to "lock in"

The pension problem is a common and very serious issue in many many states, and certainly its a problem on the Federal level as well but I do believe that steps have been taken in some area's to help reduce the problem 20 years from now but not really addressing the ongoing issues. (if hired after certain dates you get a different program than if hired before certain dates)

I know down here in FL they had a big kerfuffle over a 3% increase in retirement contributions and some of the firefighters and teachers I know were really really pizzed off about it, but I viewed it as a good thing that will help curtail issues a decade from now.

 

Tbe MBTAs big problem was that, for decades, they coulx retire-regardless of age-after only 23 years. Many retired before age 55, some in their 40s! Many will collect pensions longer than they worked.

 

correct, same "issue" with a lot of programs down here, the biggest issue isn't really the pension itself, but what age you can retire down here we have a lot of cops/firefighters that retire in their 40's and start a 2nd career while collecting their pension along with benefits too. I can't say I blame them for taking advantage but I can blame the system for allowing benefits to start so early, that's a lot of taxpayer dollars.

 

How many Tea Party rallies turned violent? Zero.

 

He champions terrible fiscal policy.

 

Please stay in that state.

 

The entire Obama legacy was one of central planning and government control.

 

To your largely accurate statement about the Obama regime being an end-to-end exercise of central planning and government control I would add that the biggest 'player' in the whole disgusting epoch was the Federal Reserve System! The Fed ran everything of any real importance in the economy, broke every law regarding a free-market system based on capitalism, rescued criminals and those "too big to fail", ran up a 5 Trillion Dollar balance sheet with imaginary 'money', and punished those who save money while rewarding speculators and stock market gamblers by creating a fraud-balloon economy which persists to this moment....

Can Trump take back power from the Fed and give it to Congress and the Treasury Department where it belongs? Very doubtful. The Fed has been gaining enormous power ever since it was brought into existence by liberal Democrats under Woody Wilson 103 years ago. But the "Great Recession" marked the final, very successful power-grab by the Fed, and now it runs the economy of the world in collusion with other big central banks around the planet, like the Bank of England, the European Central Bank, the Bank of Japan, etc.

Today, only the Russian Federation and China run their country's central banks instead of the other way around....

 

The pension/union problem existed long before your current Governor was elected.

Just look at the date on the article and the last paragraph.

 

Spot on. I would also like to add the handling of GM as another ridiculous aversion of the law.