POLITICS Forbes: Why IL is in trouble

Just holy [uck fay]ing shit.

Owe more to pensions than they make.

Just WTF

Teachers & Superintendents

Fire / Police / EMS

Prison barbers making $100k.

Nurses in correctional institutions making $250k - a quarter of a million dollars!

Politicians double-dipping via multiple pensions.

Small town asshat mayors making more than the President of the United States of America.

Just read the article, as I’m quite literally sick of quoting this utter bullshit.

You’ll shit in every hat in both Annapolis and West Point before a GOP-lead House or Senate bails these retarded mother[uck fay]ers out.

I don’t give a shit if the whole state goes belly up and the Feds have to open [uck fay]ing soup kitchens.

Link: https://www.forbes.com/sites/adaman...with-100000-paychecks-cost-taxpayers-14b/amp/

 

Hate it for them.

 

They’re either going to go bankrupt or those pension payments will stop. They aren’t making enough and they can’t borrow.

Best, let’em jack that progressive income tax up and watch those decades-long chickens finally come home to roost. They’ll realize that there isn’t an infinite supply of money then, and that you can’t just pay everyone what they want. If they pass that progressive income tax, the exodus out of Chicago will make what happened in Detroit look comparatively minor.

 

States can’t go bankrupt unless we change the law federally.

They can default and stop paying but the debt will still be there

 

I was wondering where all of those overpaid government employees worked.

 

Got a client who moved here from IL, mid 50s, retired police chief from a suburb from Chicago. Makes 90K pension right now and when he reaches 60 (maybe 62), it doubles.

 

Why on earth would anyone ever set something up that way?

 

That's madness.

 

It 'felt' good.

 

Unions and bad negotiation in part.

 

I don't think it has to do with 'feels'.

It is Chicago. Vote early, vote often. Let's set up my brother-in-law for life on the government tit, [uck fay] the little guy.

My view on it, anyway.

 

I can't stop thinking about this.

"So what do you want? Just a little off the top? Haha, just kidding inmate. Buzz cut. NEXT!"

100k salary.

 

So...”liberals”.

 

Nah, nepotistic mafioso if you ask me.

 

I don't think IL's pension issues are anything new. I remember hearing something similar 5-6 years back.

I believe that @Volst53 is correct

 

Maybe but I'd guess the old New Deal coalition laid the groundwork. Would love to get some insight though.

 

@JudgmentVol

 

Can't wait to hear the Ssmiff-esque explanation about how this is relevant to anything we've talked about before.

 

Quick question, is Illinois a blue or red state?