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Illinois pension shortfall to $250 billion
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Date: June 28th, 2017 5:00 PM Author: Transparent pozpig box office JFC it's almost as much as Obama's stimulus. We could invade Syria and destroy ISIS for less than that. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662589) |
Date: June 28th, 2017 5:02 PM Author: mewling sneaky criminal to the moon! (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662604) |
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Date: June 28th, 2017 5:07 PM Author: Aromatic forum community account (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662644) |
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Date: June 28th, 2017 5:11 PM Author: twisted old irish cottage (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662672) |
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Date: June 28th, 2017 5:28 PM Author: cream potus (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662805) |
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Date: June 28th, 2017 5:04 PM Author: Charismatic Magical Spot Faggot Firefighter you guys realize boomers are going to absolutely fuck us with these pensions, right?
i agree it's not fair, people counting on that retirement income their whole life, to try to change the terms now. so we can't do that.
but man we are going to get fucked so hard. |
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Date: June 28th, 2017 5:07 PM Author: Brass karate So it's more fair to fuck our own asses than fuck boomers who rode a gravy train their whole life? Lmao no (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662648) |
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Date: June 28th, 2017 5:10 PM Author: Stimulating red ape (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662667) |
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Date: June 28th, 2017 5:11 PM Author: mewling sneaky criminal (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662676) |
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Date: March 22nd, 2018 12:42 AM Author: Stirring salmon kitchen Cr. Lmao at Gen Xers who refuse to take away their masters pensions. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35658884) |
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Date: June 28th, 2017 5:10 PM Author: Stimulating red ape The terms were negotiated FRAUDULENTLY with governments picked by and dependant upon the unions that held them up only a thin veil of separation legitimizes the transaction
the influence was criminal and the vast majority of the electorate was the victim- they should pick governments that finally act in their interest and break apart this nonsense |
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Date: June 28th, 2017 5:17 PM Author: henna indian lodge dingle berry The state should just declare bankruptcy and fuck these pensioners on the reorganization. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662714) |
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Date: June 28th, 2017 5:26 PM Author: Stimulating red ape (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662785) |
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Date: June 28th, 2017 5:44 PM Author: Vivacious legend gaping The state can't declare bankruptcy without Congress allowing it. If Congress steps in, they will likely take over the whole budget reform process. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662929) |
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Date: June 28th, 2017 5:49 PM Author: beta razzmatazz area the state can go constructively bankrupt and foist the whole mess upon the courts, though. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662963) |
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Date: June 28th, 2017 5:50 PM Author: green therapy native Then start with chicago . Chapter 9 muni (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662967) |
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Date: June 28th, 2017 6:00 PM Author: Stimulating red ape GOP congress aint stepping in for some blue state unions, right? (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663027) |
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Date: June 28th, 2017 6:42 PM Author: Saffron Cerebral Corn Cake 18484852834836746 (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663312) |
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Date: March 22nd, 2018 12:43 AM Author: Stirring salmon kitchen Cr that is what stockton, ca did (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35658891) |
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Date: June 28th, 2017 5:26 PM Author: Brass karate This makes me so fucking mad brother. You honestly think this? These fraud boomers have 1) paid off their mortgage and likely have enjoyed nice gains on the equity of their homes, 2) never had student loans - or even a need for college education, 3) currently receive massively subsidized healthcare (for now lmao), 4) received regular raises throughout their careers, 5) drive brand new cars and do all types of other heinous shit. And you think we should bear the burden? Because it was promised to them? No fucking way. Shit had changed. That $4,500/mo pension should be cut to $1,500 and these fucks can just deal with it (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662784) |
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Date: June 28th, 2017 5:34 PM Author: Jet-lagged philosopher-king athletic conference here is the reality for a lot of people--including myself--if there is a wave of reorgs that fuck pension benefits...my parents are moving in with me and i'm supporting until death. mind you, i don't mind and plan to have them move in with us with old age, etc, but right now...they kinda enjoy being old and shit on their own. not every person on a pension was a cop who jacked the last 3 years for 200k salaries. there are plenty of paraprofessionals whose top salary was 29k out there. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662848) |
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Date: June 28th, 2017 6:44 PM Author: Saffron Cerebral Corn Cake That's the way it was for millennia and the way it will revert to if the United States embraces fat govt pensions. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663327) |
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Date: June 28th, 2017 5:42 PM Author: Doobsian hall Here's how you avoid getting fucked by Illinois boomers: You move out of Illinois. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662905) |
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Date: June 28th, 2017 5:42 PM Author: Jet-lagged philosopher-king athletic conference (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662907) |
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Date: June 28th, 2017 5:52 PM Author: spectacular stag film (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662984) |
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Date: June 28th, 2017 5:04 PM Author: awkward shimmering internal respiration Would swallow the whole crypto market 2.5 times. Nice. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662616) |
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Date: June 28th, 2017 5:05 PM Author: sadistic weed whacker idea he suggested *Rauner betting BIG on Tezos to pay off deficit* (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662623) |
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Date: June 28th, 2017 5:06 PM Author: awkward shimmering internal respiration (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662632) |
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Date: June 28th, 2017 5:11 PM Author: Stimulating red ape (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662669) |
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Date: June 28th, 2017 5:41 PM Author: Doobsian hall (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662897) |
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Date: June 28th, 2017 6:25 PM Author: lime chest-beating resort (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663189) |
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Date: June 28th, 2017 5:07 PM Author: Adventurous messiness rigpig $19K for every man woman and child in IL. LOL. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662639) |
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Date: June 28th, 2017 6:44 PM Author: Saffron Cerebral Corn Cake Which really means $30 for every taxpayer (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663332) |
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Date: June 28th, 2017 5:25 PM Author: Vivacious legend gaping What is the endgame for Illinois here? (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662778) |
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Date: June 28th, 2017 5:29 PM Author: Brass karate Detroit circa 2008 (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662810) |
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Date: June 28th, 2017 5:29 PM Author: deep cheese-eating blood rage Amendment to state constitution to allow for progressive income tax -> cop dat sweet sweet tax money for pensions.
By the way, the Illinois Supreme Court has ruled pensions are contracts so they can't cram down reforms that reduce benefits already promised |
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Date: June 28th, 2017 5:31 PM Author: cream potus i believe those pensions are more than that. there's a fucking amendment protecting them. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662826) |
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Date: June 28th, 2017 5:35 PM Author: Misanthropic electric french chef Correct. State constitution protects them. Illinois unionists were shameless. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662851) |
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Date: June 28th, 2017 5:37 PM Author: Jet-lagged philosopher-king athletic conference im amazed at this. like HO LEE SHIT. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662876) |
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Date: June 28th, 2017 5:35 PM Author: Jet-lagged philosopher-king athletic conference they ENSHRINED IN THEIR FUCKING CONSTITUTION a no cram down on pensions?!
man...they're good. gotta admit it. ljl. |
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Date: June 28th, 2017 5:30 PM Author: cream potus flood cook county (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662820) |
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Date: June 28th, 2017 5:32 PM Author: green therapy native Probably just not honor the obligations to be honest. They are too large and there isn't enough money. Any politician who would raise state taxes by 25% would be shot. Pensioners aren't getting their windfall. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662834) |
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Date: June 28th, 2017 5:33 PM Author: Galvanic Peach Gas Station Electric Furnace https://i.ytimg.com/vi/hEJnMQG9ev8/maxresdefault.jpg (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662839) |
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Date: June 28th, 2017 7:30 PM Author: opaque thirsty doctorate wagecucks Fucking lol'd (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663697) |
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Date: June 28th, 2017 5:44 PM Author: green therapy native Eventually it will come to a head. Illinois won't be able to borrow anymore and there will be a choice between funding pension system and providing for basic services like replacing street lights and garbage pickup. The governor will order the street lights be replaced, unions will sue and get a court order directing the governor to put that money into the pension fund, the governor will refuse and will be wildly popular for doing so. Unions will move for civil contempt which may be granted but no one in the state will enforce it. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662924) |
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Date: June 28th, 2017 5:49 PM Author: Galvanic Peach Gas Station Electric Furnace Is it possible that some firebrand politician will rally the people to amend the constitution re: pensions. Like some Trump-type just going all out and talking about how you can't have garbage pickup or fire departments or anything because of greedy govt workers? (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662959) |
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Date: June 28th, 2017 5:59 PM Author: green therapy native Sure but you need 60% in both chambers before it goes to popular vote which also requires 60%. Seems doable but you have Madigan as Speaker in the House and i can't imagine he'd let it get to a vote. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663024) |
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Date: June 28th, 2017 6:22 PM Author: Rusted multi-billionaire corner Not a lawmo but Illinois SCOTUS said the pension promises were a contract (and the 1970 constitutional convention made that clear) so lawmos in the state have been saying that even if they amended the state constitution, they still couldn't abrogate their contractual obligation to pay the pensions (US constitution contract protection?). (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663170) |
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Date: June 28th, 2017 6:41 PM Author: green therapy native yea that's a huge open question (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663304) |
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Date: June 28th, 2017 6:49 PM Author: Saffron Cerebral Corn Cake Can XO Gorsuch CUCK the Illinois SCOTS? (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663375) |
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Date: June 28th, 2017 6:52 PM Author: Rusted multi-billionaire corner Legit q, would xo Gorsuch or slate RBG be more likely to cuck SCOTUSIL? (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663405) |
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Date: June 28th, 2017 6:23 PM Author: Adventurous messiness rigpig (Ben Stein's dad) (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663175) |
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Date: June 28th, 2017 5:51 PM Author: brilliant range California maf (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662970) |
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Date: June 28th, 2017 6:34 PM Author: Trip House Lol @ paying these co$TTT$ when the population is declining.
http://www.chicagotribune.com/news/local/breaking/ct-illinois-population-decline-met-20161220-story.html |
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Date: June 28th, 2017 6:43 PM Author: Frisky bat-shit-crazy stain rehab It's the poor who are moving out. Those with money are moving into Chicago. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663324) |
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Date: June 28th, 2017 6:44 PM Author: Trip House Lol if you think professionals, who are getting fucked the hardest by tax increases, aren't fleeing the state (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663331) |
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Date: June 28th, 2017 6:53 PM Author: Rusted multi-billionaire corner GETCO quants balling out of control in Hammond IN (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663413) |
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Date: June 28th, 2017 7:45 PM Author: Trip House No, they're balling out of control in Nashville, Portland, Seattle, Denver, Austin, Phoenix, etc. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663765) |
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Date: June 28th, 2017 6:58 PM Author: green therapy native His basic assertion is correct at least with chicago. The population loss from the south side is poorer blacks moving out. The influx of residents to the loop and north side is professionals. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663456) |
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Date: June 29th, 2017 11:02 AM Author: Trip House https://fee.org/articles/this-state-is-on-the-brink-of-fiscal-meltdown/ (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33667565) |
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Date: March 16th, 2018 9:09 AM Author: odious gold station (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35618073) |
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Date: March 16th, 2018 9:25 AM Author: frum hell Why not just murder all the pensioners early? You’d come out vastly ahead even if it was $1 million per hit. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35618158) |
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Date: March 22nd, 2018 12:37 AM Author: Transparent pozpig box office Average wrongful death judgment is like $7 million, but even then I think you come out ahead. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35658852) |
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Date: March 22nd, 2018 9:58 AM Author: odious gold station Who said anything about "wrongful" deaths? (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35660268) |
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Date: March 22nd, 2018 12:39 AM Author: Trip House Lol @ cucks who live in IL, NJ, NY, or CA, who work to pay for outrageous Boomer pensions (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35658859) |
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Date: March 22nd, 2018 12:40 AM Author: Motley public bath (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35658862) |
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Date: March 22nd, 2018 10:01 AM Author: obsidian histrionic filthpig roommate Joke will be on all of us when some lib potus and Congress extend retroactive pbgc coverage to these systems (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35660288) |
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Date: March 22nd, 2018 10:11 AM Author: spectacular stag film cr boomer libs are responsible but we're all just going to have to step up to the plate and pay our fair share hehe (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35660329) |
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Date: March 22nd, 2018 10:15 AM Author: obsidian histrionic filthpig roommate It's the management, the labor reps, the pols, the regulators, the banks... we should be guillotining them all. Some of the fuckers who tookall the triple OT their last three years too. I feel sorry for the bros who didn't game the system but whose pensions are fucked. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35660364) |