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Illinois pension shortfall to $250 billion
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Date: June 28th, 2017 5:00 PM Author: Jet-lagged irradiated locus knife 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: federal office internal respiration 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: Underhanded mustard wrinkle (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: Motley Frozen Abode Private Investor (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: Curious garrison (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: Exciting Bearded Reading Party 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: ruddy base hissy fit 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: Frisky kitchen (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: federal office internal respiration (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: Sienna balding church 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: Frisky kitchen 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: Aphrodisiac deer antler piazza 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: Frisky kitchen (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: Thirsty multi-colored parlor 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: house-broken obsidian lay 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: Henna supple senate fat ankles 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: Frisky kitchen 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: laughsome mad-dog skullcap sweet tailpipe 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: Sienna balding church 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: ruddy base hissy fit 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: Black nursing home 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: laughsome mad-dog skullcap sweet tailpipe 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: alcoholic glittery patrolman indian lodge 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: Black nursing home (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: Alcoholic spot kitty (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: Harsh mental disorder 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: 180 Burgundy Home Toaster *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: Harsh mental disorder (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: Frisky kitchen (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: alcoholic glittery patrolman indian lodge (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: claret friendly grandma (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: Scarlet high-end rehab $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: laughsome mad-dog skullcap sweet tailpipe 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: Thirsty multi-colored parlor 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: ruddy base hissy fit 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: Razzle-dazzle Yellow National Athletic Conference 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: Curious garrison 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: vibrant menage 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: Black nursing home 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: Black nursing home 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: Curious garrison 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: Henna supple senate fat ankles 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: passionate legend 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 submissive chapel 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: Henna supple senate fat ankles 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: passionate legend 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: Henna supple senate fat ankles 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: aromatic macaca 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: Henna supple senate fat ankles 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: laughsome mad-dog skullcap sweet tailpipe 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: aromatic macaca 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: Scarlet high-end rehab (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: Drab depressive 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: Flatulent Parlour Party Of The First Part 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: Mind-boggling Pink Electric Furnace Shrine 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: Flatulent Parlour Party Of The First Part 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: aromatic macaca 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: Flatulent Parlour Party Of The First Part 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: Henna supple senate fat ankles 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: Flatulent Parlour Party Of The First Part 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: adventurous trump supporter business firm (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: Painfully honest potus 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: Jet-lagged irradiated locus knife 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: adventurous trump supporter business firm 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: Flatulent Parlour Party Of The First Part 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: Concupiscible cuckoldry (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: provocative dingle berry theater 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: Alcoholic spot kitty 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: provocative dingle berry theater 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) |