What is your opinion on Bruce Rauner? (Springfield, Union: loans, buying a house)

[Liledgy]

Originally Posted by chet everett

I specifically choose "boost in revenue" because it anybody that looks at the situation realizes that just increasing tax rates on individuals or businesses is no guarantee that there will be more actual cash flowing to where it is needed and there is broad consensus that haphazard tax increases WOULD HURT the already very fragile economics of Illinois -- State and local tax hikes in Illinois have hurt economic growth, lowered the standard of living, and contributed to out-migration – Will County News

If there are efforts to make Illinois more attractive to businesses AND slow down out migration there would be increased revenue.

HA, Will County news. Only the fastest growing county in Illinois.

[Liledgy]

Originally Posted by chet everett

I specifically choose "boost in revenue" because it anybody that looks at the situation realizes that just increasing tax rates on individuals or businesses is no guarantee that there will be more actual cash flowing to where it is needed and there is broad consensus that haphazard tax increases WOULD HURT the already very fragile economics of Illinois -- State and local tax hikes in Illinois have hurt economic growth, lowered the standard of living, and contributed to out-migration – Will County News

If there are efforts to make Illinois more attractive to businesses AND slow down out migration there would be increased revenue.

Really Chet, you quote Steve Balich. He's getting dragged over the coals and in the next right wing victim.

[Liledgy]

Originally Posted by chet everett

I specifically choose "boost in revenue" because it anybody that looks at the situation realizes that just increasing tax rates on individuals or businesses is no guarantee that there will be more actual cash flowing to where it is needed and there is broad consensus that haphazard tax increases WOULD HURT the already very fragile economics of Illinois -- State and local tax hikes in Illinois have hurt economic growth, lowered the standard of living, and contributed to out-migration – Will County News

If there are efforts to make Illinois more attractive to businesses AND slow down out migration there would be increased revenue.

Kim Jong-un from North Korea would probably be a better more reliable source than than where your pulling this propaganda from , lol.

[Liledgy]

Get over yourselves, the Supreme Court has ruled. You can wish, hope, hold your breath, etc. But there is nothing that can be done about the what we owe. And since rauner doesn't want to govern, we owe many more billions than we did before he took office, not a good place to be.
As much as madigan hated Quinn (if your a right winger that should've told you to vote for him), he was chipping away at billions of debt (something Ruiner can't claim). So what's the difference between the two guys madigan hates? Quinn, who madigan hated, but still was able to pass 40% pension reductions for new hires (mistake) and pay down 10'sof billions in pension obligations plus billions in outstanding bills. Or, the other guy madigan hates, Ruiner who has done nothing!!! That's right,zip, zero. Added 10'sof by billions of debt since he took office.

[MSchemist80]

Originally Posted by Liledgy

Kim Jong-un from North Korea would probably be a better more reliable source than than where your pulling this propaganda from , lol.

Our govt is looking a lot like Kim Jong Un's or Venezuela or any radical leftist run govt. A bunch of greedy politicians and their cronies getting fat off the starving masses whom they are parasitizing. Democrats, party of the working people my @ss.

As for the Illinois Supreme Court: at some point probably soon the money is going to run out, even the junk investors won't buy Illinois bonds, and the supreme court can issue whatever orders they'd like but you can't squeeze blood from a stone. The Feds are going to have to intervene and fix this mess the Dummycraps and their Union conspirators caused and Illinois will rightfully be a national embarrassment and can serve as a rallying cry for more Republican victories nationally.

[Liledgy]

Originally Posted by MSchemist80

Our govt is looking a lot like Kim Jong Un's or Venezuela or any radical leftist run govt. A bunch of greedy politicians and their cronies getting fat off the starving masses whom they are parasitizing. Democrats, party of the working people my @ss.

As for the Illinois Supreme Court: at some point probably soon the money is going to run out, even the junk investors won't buy Illinois bonds, and the supreme court can issue whatever orders they'd like but you can't squeeze blood from a stone. The Feds are going to have to intervene and fix this mess the Dummycraps and their Union conspirators caused and Illinois will rightfully be a national embarrassment and can serve as a rallying cry for more Republican victories nationally.

You must be speaking of Ruiner, when he was loving the pension funds he was investing. You know "getting fat off the starving masses".

[MSchemist80]

Originally Posted by Liledgy

You must be speaking of Ruiner, when he was loving the pension funds he was investing. You know "getting fat off the starving masses".

If you want to talk about people bleeping over the pension funds you can start with Daley.

Pension funds lost millions on deals with Daley nephew, Obama pal | Chicago Sun-Times

As opposed to Rauner's firm GTCR which got good returns for the pension funds at least when they were funded by the idiot Dems that is.
http://www.chicagobusiness.com/artic...-pension-funds

Good returns don't mean jack when you don't fund it. That isn't GTCR's fault they did their job. That was the politicians. It is like not putting money in your 401k and complaining to the managing company when you have very little when you retire.

[dtcbnd03]

The mere idea of a pension fund...although well intentioned...is a ponzi scheme. I promise you X but only pay you Y. And as the overpromising, underfunding, undercontributing, manager skimming, borrowing and orphans strip the pension fund clean the later people are left holding the bag. Not to mention if a private company goes bankrupt those assets belong to the company and not you. My favorite example is the Central States pension fund where the headline says it all "Pensions may be cut to 'virtually nothing' for 407,000 people"

Failing Central States Pension Fund is out of options - May. 20, 2016

401ks are hands down the best option. Under your name and your SSN and simply dollar cost average into a low cost index fund and you'll be a millionaire by retirement and no one can touch it!

There is absolutely no way we can pay back $200 billion. Zip. Zero. Nada. So I love how Rauner is looking to do structural reform. The Supreme Court can say they're protected all they want...but if it's between the state going under and pensions they're gonna be more reasonable and say "ok cut em"

[Liledgy]

Originally Posted by MSchemist80

If you want to talk about people bleeping over the pension funds you can start with Daley.

Pension funds lost millions on deals with Daley nephew, Obama pal | Chicago Sun-Times

As opposed to Rauner's firm GTCR which got good returns for the pension funds at least when they were funded by the idiot Dems that is.
http://www.chicagobusiness.com/artic...-pension-funds

Good returns don't mean jack when you don't fund it. That isn't GTCR's fault they did their job. That was the politicians. It is like not putting money in your 401k and complaining to the managing company when you have very little when you retire.

Never was a fan of Daley!

[Liledgy]

Originally Posted by dtcbnd03

The mere idea of a pension fund...although well intentioned...is a ponzi scheme. I promise you X but only pay you Y. And as the overpromising, underfunding, undercontributing, manager skimming, borrowing and orphans strip the pension fund clean the later people are left holding the bag. Not to mention if a private company goes bankrupt those assets belong to the company and not you. My favorite example is the Central States pension fund where the headline says it all "Pensions may be cut to 'virtually nothing' for 407,000 people"

Failing Central States Pension Fund is out of options - May. 20, 2016

401ks are hands down the best option. Under your name and your SSN and simply dollar cost average into a low cost index fund and you'll be a millionaire by retirement and no one can touch it!

There is absolutely no way we can pay back $200 billion. Zip. Zero. Nada. So I love how Rauner is looking to do structural reform. The Supreme Court can say they're protected all they want...but if it's between the state going under and pensions they're gonna be more reasonable and say "ok cut em"

Your right about central states, it's a mess. I left the teamsters (ups) in 1984. Jackie pressor was the president, he went to jail. My previous international president was Ray (or Roy) Williams, they put him away too!
Definitely some bad apples in the teamsters (at least then).