Posted on 10/03/2019 7:44:16 AM PDT by george76
in the back of their devious minds is legalizing prostitution. The state is doomed.
The state is doomed.
Yes, and I live here.
I’ve been hearing talk of bankruptcy for a few weeks.
Sooner or later?
So clearly, the solution here is ...raise taxes even more. Causing massive widespread suffering is a small price to pay for the corrupt political deals over pensions for a few.
Eventually, there will be bankruptcies that will be federalized and everyone in the country will pay these crooks.
Democrat judges will order it when ever it arrives in the courts.
These pensions cannot be discharged in a bankruptcy. It’s like a student loan. Short of re-writing the state constitution nothing effective will be done.
These pensions cannot be discharged in a bankruptcy.
Not so much to cut pensions, but mountains of other debts.
Like free money!
He raised taxes to get his and other gov’t workers a fat pension and is having everyone who is not, they are paying for it.
I have no doubt you are right. Chicago’s situation reminds me of the opening chapter of “Atlas Shrugged”. The oak tree that seemed so strong and solid is rotten to the core.
The Illinois Supreme Court consistently has ruled the state constitution doesn’t allow for pension benefits to be cut.
But a new legislature and governor could change that in a heartbeat by Amending the State Constitution to Abolish all taxpayer funded Pension Schemes and reduce current Pensioners to an amount comparable to the Funds the Pension Fund has.
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