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More deflection, diversion, spin, twist, and dance... Again, Please show me where exactly I disagreed with your opinion.
Please show me where I stated you disagreed with my opinion. What I stated and I will say again. You have a problem with my opinion because it obviously does not fit your liberal script. I've agreed numerous times, but because I agreed and stated the hypocricy that is occuring in my state, you and the other poster are still trying to rev up to the typical rants.
Sorry, your going to have to stick to having a problem with my agreeing with the OP on going after the Administrators.
Wow. No. What would make you think that? Illinois retirement is only partially funded by employee contributions, with the state taxpayers picking up the rest of the tab.
I think that because I am anal about my wife's teacher's retirement from Illinois. I know exactly how much she has paid in, exactly how much her contributions are currently worth, and exactly how much her benefit will accrue to given actuarial reality.
Even beaten up by the economy, my 401K will pay out far more generously than her Illinois retirement.
Michigan does not really have budget problems on a governmental level in the relative to other places. There manufacturing sector is dying which is why they have all the employment and economic problems.
Yet, they're still in better financial shape than NC. Hmmm...
Quote:
On top of that many of the states you mentioned are net contributors to the Federal government...If you went to a system where the federal government gave back dollar for dollar spending of federal revenues Connecticut would be flush with cash and North Dakota would go broke. Most of the states with balance budgets receive close to $2 from the feds for every $1 dollar they send to the feds, such as Montana.
In other words its easy to balance your budget if you are a red state living off the federal teat.
Has that been adjusted for the reasons why states receive a disproportionate amount of federal revenue or why income and therefore federal income tax revenue collected is unusually high in certain states? For example, Virginia - a large number of federal government agencies. Alaska - oil industry. And Hawaii - large naval presence.
Please show me where I stated you disagreed with my opinion. What I stated and I will say again. You have a problem with my opinion because it obviously does not fit your liberal script. I've agreed numerous times, but because I agreed and stated the hypocricy that is occuring in my state, you and the other poster are still trying to rev up to the typical rants.
Sorry, your going to have to stick to having a problem with my agreeing with the OP on going after the Administrators.
You can't even recall what you said? No wonder you're all over the map in your replies.
Allow me to refresh your memory Right HERE in post #58:
Quote:
Originally Posted by blackandproud
So let me understand your disagreement with MY OPINION. <snip>
Yet, they're still in better financial shape than NC. Hmmm...
Has that been adjusted for the reasons why states receive a disproportionate amount of federal revenue or why income and therefore federal income tax revenue collected is unusually high in certain states? For example, Virginia - a large number of federal government agencies. Alaska - oil industry. And Hawaii - large naval presence.
Or did you just link a fluff piece?
As I said the government of Michigan does not have the budgeting problems high growth states like NC and AZ accquired during the slow down.
...So in your opinion because of the special needs of Red states they are entitled to welfare from blue states? That sounds a lot like redistributing the wealth to me. Only its the Republicans getting money from democrats so its OK.
As for the Alaskan oil industry Alaska gives their citizens a stipend from oil revenues. They shouldn't need other states to pay them so Alaska Republican politicians can buy votes.
Making that kind of argument about state budgets is like saying..."I have sec. 8 for my housing, food stamps for food, Medicare for health coverage and SSDI for other costs so my budget is balanced...everyone else who can't balance a budget like me is just not good with money."
Last edited by Randomstudent; 06-21-2010 at 12:16 PM..
I think that because I am anal about my wife's teacher's retirement from Illinois. I know exactly how much she has paid in, exactly how much her contributions are currently worth, and exactly how much her benefit will accrue to given actuarial reality.
Even beaten up by the economy, my 401K will pay out far more generously than her Illinois retirement.
Her benefit is based on the average of her highest salaries, not on the accrued value of what she's contributed.
Her benefit is based on the average of her highest salaries, not on the accrued value of what she's contributed.
I know exactly how her payout is calculated. I also know that based on the best actuarial tables, she had also fully funded her pension as of July 2008. (We moved from Illinois in 2004).
This is not currently true because of the downturn. But that's okay because she wasn't going to retire anytime soon anyway.
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, that's $61 Billion Illinois taxpayers won't have to pay. Yippee!!! 
No wonder you're all over the map in your replies.
Then why are the taxpayers on the hook.
