Posted on 07/29/2018 11:08:09 AM PDT by SleeperCatcher
Other People’s Money: The Left-wing establishment press has found a new Democratic darling — avowed socialist Alexandria Ocasio-Cortez, whose running for Congress in New York City — but to be honest, the party has been trending that way for years.
The evidence can be found in the way blue states have been run — into the ground, financially speaking.
Several of them are facing massive debt thanks to mostly over-promised pensions approved by Democrats that have drained state bank accounts and are set to saddle taxpayers living in them with hundreds of billions of dollars in new taxes.
(Excerpt) Read more at thenationalsentinel.com ...
Mitch Daniels would have made a good POTUS but I don’t think he could take on the Rats like Trump does.
The major problem for Illinois is that the state constitution requires no reduction in state employee pensions, AND the state income tax does not apply to retirement money . Double whammus ala-t-bamus.
I am of the opinion that a conservative congress should get ahead of this by prohibiting future attempts to saddle other states with their debts via transference - cause you know the libs are going to try it.
“Taxpayers in these BLUE states are about to be destroyed thanks to massive debt”
Those Blue State taxpayers will soon be your neighbor, but hey at least they are tax payers and not tax consumers. (yet).
The Blue debt states will be looking for federal bailouts the minute they get another democrat president and congressional majorities.
They will have no compunction at all about forcing taxpayers in red states to pay the cost of their financial salvation.
Four words — Interest on the Debt.
If you have talent and want the rich lifestyle, then you go into the private sector and make lots of money.
If you don’t have talent and want the rich lifestyle, then you become a Democrat and steal money through government.
I agree, and also, he didn't want to run because of the public assassination he feared from the liberal press. Trump doesn't care what the MSM thinks of him, but Daniels feared it.
Prophetic. I'm kind of surprised it hasn't been floated already.
Agree, it is just a matter of socialist time...
It's Five Personality Traits.
There is a range from Disagreeable, to Agreeable.
And where you fit on the scale, dictates your behavior.
Neville Chamberlain: Highly Agreeable. Total Desire for people to like him. Hence, "peace in our time" BS.
Winnie C: Tending towards disagreeable. Less desire for likeablility: "we shall fight on the sea, air, etc."
Fascinating study. Started back in the 80's. There's online info and self tests and stuff now.
Oh you are so right. I can see everything that’s been accomplished by President Trump being thrown away if another wave of Obama-likes get in.
AMEN! There needs to be an ironclad no bailouts of failing states law. No way in hell should taxpayers in say, Oklahoma have to pay money to bail out states like Illinois in which crooked politicians made unsustainable promises to even more crooked public sector labor unions in exchange for their votes decades ago.
I always thought that was interesting how some will change states (or countries) to get away from the laws and regulations their original state (or country) bestows upon them, then proceed to change their new state (or country) into exactly what they moved away from.
Interesting, sad and disgusting, actually. Beware of these “new neighbors”.
I’m out in late September.
Yes But.......
When the indictments start being handed down the existing Democrat party will be utterly destroyed. it will take a hundred years to ressurect a viable Democrat party.
Everybody knows it ahd all tha Mueller impeachment whore smearing is to try to stop it from happening
LIBs are malignancies where ever they go. They are “Reverse Midas”...everything they touch turns to sh**.
Everyone has known for DECADES that these pensions were a corrupt bargain between the elected politicos and the unions who worked to put them in office. The costs of the salaries and pensions were off-loaded from the current budgets via delayed funding through bonds and other off-the-books methods. Now the money is due but there is nothing in the bank so their solution is to raise taxes and cut services. The limitation on the SALT (State and Local Taxes) in the new tax act just draws back the curtain a little earlier.
The Democrat party flipped to the left around 1970, They managed to come across as simply ‘liberal’ for a while, but by the time BHO took over the White House, they turned hard left. Let’s see how long that lasts. Or how long the party lasts.
A bit off topic but the above quote is pretty much what you hear everywhere as far as numbers are concerned.
Now I have absolutely no disagreement with statements that Illinois is the most corrupt government in America. But using the above numbers, I find it almost impossible to see how Illinois can be accused of being in the worst financial shape in the country.
Illinois is bad, no question, but the Land of Lincoln is a rank amature among these other blue state for financial stupidity.
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