Posted on 05/28/2014 2:42:40 PM PDT by reaganaut1
All that for pensions and not for actual services being rendered. Soon enough it will all go for pensions.
While FReepers point and laugh at the rickety handcart of Detroit rolling down the tracks, a locomotive is bearing down on us from behind with a full head of steam.
Two. Social Security and Obamacare.
Yes CC, Detwaa was a cake walk compared to IL, Chicago, California, and CALPERS, to name a some of the biggies head for Chapter insert number......
The sooner it collapses, the better.
bump
“All that for pensions and not for actual services being rendered. Soon enough it will all go for pensions.”
NJ and CA are looking at the same grim future; it would be foolhardy for anyone to open a business in these places. You’d just be suckered into buying a piece of a huge IOU...
“All that for pensions and not for actual services being rendered. Soon enough it will all go for pensions.”
From cases all across America, getting serviced by a “Law Enforcement Person” is something one will live longer without.
I suggest bankrupting all such Trough Feeder pensions. Let the CopPersons live off their stored adipose - all that donut derived fat should be good for something.
Let Illinois bail out Chicago.
>>While FReepers point and laugh at the rickety handcart of Detroit rolling down the tracks, a locomotive is bearing down on us from behind with a full head of steam.
The sooner it collapses, the better.<<
All us older folks will probably die off in the first six months or maybe a year then you can handle the rest.
Being a neighboring state to Michigan, I tend to pay attention to their well-being (or lack thereof) and the Detroit problem pales in comparison to the Chicago and etc. pension/tax locomotive coming down the tracks...
Query: why are all those people so worried about "sustainability" in the environment (etc.) not at all worried about "sustainability" in the economy??
Public pensions equal big fat burdens. Here’s a solution—have govt employees enrolled in 401-k plans and have govt fund a generous 60%-75% of the max yearly contributions allowed. That way each employee is funded for future retirement during their active working years only and from that years budget allocation only. When the job ends so does the retirement funding. No more pensions for life that heavily burden the public taxpayers for retired government workers.
Sue the Democrat Party. They caused this and they have lots of money.
I don't think it needs to come to that! We just need a major reorganization of our financial system, which supports the Progressive nanny-state with debt and money printing. Give us real money, and you immediately end the government's ability to run all its social engineering schemes.
Hey, it's not like I just got done graveling out the bomb craters in my paved alley half an hour ago, on my own dime & time, because the city won't...
Oh, wait...
and they will probably fine people who do that too.
The day my State finally crashes I’m going to laugh and laugh and laugh....
I believe it was Saginaw Michigan that ditched some 500 city employees by privatizing services leaving the city with only 20 full time employees.
Illinois is a vital part of the “blue wall” of Democrat electoral votes.
They’ll get federally guaranteed state bonds before any real pain is inflicted.
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