Posted on 09/22/2012 6:40:08 AM PDT by Kaslin
Federal bailout.
then why did they settle? unions had prices us and themselves out of the market.
aparently Rahmbo doesn’t plan to be around in 3 years when the bill has to be paid
raise those property taxes again- who wouldn’t want to live in Chicago and send their kids to the CPS!
Stupid headline. Stupid premise. Of COURSE they know how to pay for it. Or rather they know who besides them are going to pay for it.
A shrinking student population and a big fat teachers union contract in a state that dramatically raised taxes and is broke. What could possibly go wrong?
PRITZKER’S WENT TO PRIVATE SCHOOL. NO SURPRISE.
What does SHE care where the school money is coming from.....her stash comes from a hotel chain and Obama's stash comes from Heaven itself, untouched by human hands.
Leni
Thanks for making me laugh, because I have been in a bad mood for a long time! Here in Springfield, retired state employee acquaintances who have retired before age 60, are grousing about the possibility of having to pay more for their state retirement health care. I used to ascribe to the tenet that if a state worker was promised something, the state should fulfill that requirement. After living down here for a few years, I realize that these workers a) knew that they had a unsustainable deal and b) that they should have planned for it. Morons.
Raise taxes on everything.
Pritzker has problems with the unions at her hotels.
The Pritzkers I knew in Penny’s generation went to private elementary, but to New Trier for HS. The kids got a say for HS.
The children of that cohort that I knew, went to Waldorf for elementary and public HS (not in Chicago, but, obviously in very nice areas). Again, the kids had a say.
That is, in general, true. One of the foundations of a civilized society is the respect for contracts. Where would we be if an employer promised a worker $100 for a day's work, then was allowed to pay him just $75 at day's end?
That being said, the current public employee payment system is simply not sustainable. Perhaps each state needs some sort of limited bankruptcy option, which would allow for a limited reset of salaries.
But I'm guessing that things would have to get much worse for that to happen. Politicians today just won't risk losing votes to do it. Easier to kick the can down the road a bit.
Amazing - they had the unions cutting back on requests, effectively putting their backs against the wall, and they turn around and sweeten the deal above the original demands. Lunacy on display.
Exactly....I'm sure that was a mitigating factor when they approved the contract...
They will hold the american taxpayer hostage...by eventually telling Congress Illinois will have to declare bankruptcy...if they don't pony up...
Personally, we need to see states fail to get their spending in line...
Cut workers, supplies, books, and turn off the heat and lights to the buildings.
aparently Rahmbo doesn’t plan to be around in 3 years when the bill has to be paid
What, he’s going to run for POTUS?
I live in Illinois and I couldn't possibly agree with you more! In the last 5 years my property taxes have doubled to over $9k/year on my home, and my income taxes doubled last year under the third corrupt governor in a row, Pat Quinn.
All told, I paid $57,962 in State Taxes (income, property tax) and all Federal taxes in 2011. I'm far from "rich" and these taxes are killing me. Yet, there are some who say I don't pay enough (while they pay NONE) and I should pay more?!
I can't stand it anymore.
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