Posted on 12/27/2010 9:10:59 AM PST by dragnet2
#1 Illinois
#2 Connecticut
#3 Indiana
#4 New Jersey
#5 Hawaii
#7 Oklahoma
#8 Colorado
#9 Kansas
#10 Kentucky
#11 New Hampshire
(Excerpt) Read more at businessinsider.com ...
What a surprise!
New York and California are not even in the top 10????
OMG!
Or Michigan?
no SOUTHERN states!..... hawaii is communist IMO...
corruption is in the south but no where near the depth of the north.
What is this? A race to the bottom?
“New York and California are not even in the top 10????”
I was surprised too. But rest assured those two states can be likened to ‘dead man walking’ as well.
Indiana invested in GM and Chrysler and got left in the cold.
Corruption is rampant in some southern cities. Depends on “who” the elected officials are.
#6 Louisiana
We are doing our best to root corruption out down here in the south and we will continue to do so.Oh and we go after the POS republicans as well.Kennerly and banister of gwinnett county are the latest.One resigned to avoid indictment and the other was arrogant enough to think he would not get indicted.WRONG.Our DA is no slouch and his name is Danny Porter.One of the good guys unless you are one of the bad guys.
(New York) State put freeze on hiring, then added 51,464 people
Check out the price tag...
This has to be a bogus list—CA is 500 billion in the red right now.
#1 - IL - what a surprise!
Whoops, almost left out Louisiana at #6.
#1 Illinois
#2 Connecticut
#3 Indiana
#4 New Jersey
#5 Hawaii
#6 Louisiana
#7 Oklahoma
#8 Colorado
#9 Kansas
#10 Kentucky
#11 New Hampshire
One of the biggest pension problems that New Jersey has is that public employees often qualify for multiple pension plans - some after only holding a particular position for a brief period of time. In addition, public employees can technically hold more than one public job at the same time - upping the number of plans they can tap into. It’s disgraceful and ready to explode.
Read “The Soprano State.” It’s a real eye-opener.
NJ opted NOT to put in 3 billion into its pension fund this year. I think they’re looking to challenge for # 3 or # 2 spot...
Not surprising to see Illinois at the top of the list.
This morning I was looking at municipal bond offerings and a State of Illinois General Obligation taxable bond was offered with a interest rate of 7.45%.
Hawaii is a socialist state, so that entry is no surprise; but, Oklahoma?
I’ve been telling people for a long time, government retirement pensions, AT ALL LEVELS, are gang raping the American private sector.
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