Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature currently requires accessing the site using the built-in Safari browser.
I have one word for you; KANSAS.
Do you want to sell Kentucky, New Jersey, and Mass too? All run by Republicans... As is Illinois ya dummy
We all know about the latest debt crisis going on on Illinois. No wonder 45 Million have already fled the state since 2008/09. And yet we have all of these Liberals and Democrats still trying to convince us that they are just so much smarter than Republicans when it comes to financing/creating jobs/balancing a budget/economic growth?
And now they are trying to convince us that about 93 Million People are going to die under the Trump Administration?
So what are we going to do about Illinois?
Lets see,,,,option 1....Put it on Ebay? Opening Bid......$3.00
Maybe sell it to Canada for about $250,000 ??
Why not just sell it to China or Russia and end the Misery already !!!
----
Kentucky, Illinois, New Jersey, Massachusetts, and Connecticut rank in the bottom five states, largely owing to the low amounts of cash they have on hand and their large debt obligations.
Ranking the States by Fiscal Condition 2016 Edition
- Each state has massive debt obligations. Each of the bottom five states exhibits serious signs of fiscal distress. Though their economies may be stronger than Puerto Rico’s, allowing them to better navigate fiscal crises, their large liabilities still raise serious concerns.
- Unfunded liabilities continue to be a problem. High deficits and debt obligations in the forms of unfunded pensions and healthcare benefits continue to drive each state into fiscal peril. Each holds tens, if not hundreds, of billions of dollars in unfunded liabilities—constituting a significant risk to taxpayers in both the short and the long term.
- The bottom five states have changed since last year. Kentucky’s position has declined, placing it in the bottom five this year. New York is no longer in the bottom five. New Jersey and Illinois improved slightly, but remain in the bottom five. Connecticut and Massachusetts also remain in the bottom five, in slightly worse positions than last year.
All 50 states have been guilty of the same sin. Their entitlement systems have all assumed a higher return on investment than what is actually happening in the real world.
As a result, every single state's entitlement systems are underfunded. Some worse than others. Illinois is in the "worse" category.
But they are all underfunded. Every single state. Including yours.
New York's pension system is 88.3% funded.
California's pension system is 73.3% funded.
Alabama's pension system is 66.0% funded.
Louisiana's pension system is 61.1% funded.
Mississippi's pension system is 61.0% funded.
Kansas' pension system is 59.9% funded. 46th on the list
Alaska's pension system is 52.2% funded. 47th on the list.
Connecticut's pension system is 51.9% funded. 48th on the list.
Kentucky's pension system is 48.9% funded. 49th on the list.
Illinois' pension system is 47.1% funded. 50th on the list.
Huh? What does that have to do with this conversation?Do you want to sell Kentucky, New Jersey, and Mass too? All run by Republicans... As is Illinois ya dummy
And now they are trying to convince us that about 93 Million People are going to die under the Trump Administration?
So what are we going to do about Illinois?
Lets see,,,,option 1....Put it on Ebay? Opening Bid......$3.00
Maybe sell it to Canada for about $250,000 ??
Why not just sell it to China or Russia and end the Misery already !!!
----
Kentucky, Illinois, New Jersey, Massachusetts, and Connecticut rank in the bottom five states, largely owing to the low amounts of cash they have on hand and their large debt obligations.
Ranking the States by Fiscal Condition 2016 Edition
- Each state has massive debt obligations. Each of the bottom five states exhibits serious signs of fiscal distress. Though their economies may be stronger than Puerto Rico’s, allowing them to better navigate fiscal crises, their large liabilities still raise serious concerns.
- Unfunded liabilities continue to be a problem. High deficits and debt obligations in the forms of unfunded pensions and healthcare benefits continue to drive each state into fiscal peril. Each holds tens, if not hundreds, of billions of dollars in unfunded liabilities—constituting a significant risk to taxpayers in both the short and the long term.
- The bottom five states have changed since last year. Kentucky’s position has declined, placing it in the bottom five this year. New York is no longer in the bottom five. New Jersey and Illinois improved slightly, but remain in the bottom five. Connecticut and Massachusetts also remain in the bottom five, in slightly worse positions than last year.
Afraid to post New York state lowered taxes to attract business?
.
See post 65, dispshit.All 50 states have been guilty of the same sin. Their entitlement systems have all assumed a higher return on investment than what is actually happening in the real world.
As a result, every single state's entitlement systems are underfunded. Some worse than others. Illinois is in the "worse" category.
But they are all underfunded. Every single state. Including yours.
Every single state?
Does Your State Have A Pension Problem? - WSJ.com
View attachment 135883
.
See post 73, dipshit.New York's pension system is 88.3% funded.
California's pension system is 73.3% funded.
Alabama's pension system is 66.0% funded.
Louisiana's pension system is 61.1% funded.
Mississippi's pension system is 61.0% funded.
Kansas' pension system is 59.9% funded. 46th on the list
Alaska's pension system is 52.2% funded. 47th on the list.
Connecticut's pension system is 51.9% funded. 48th on the list.
Kentucky's pension system is 48.9% funded. 49th on the list.
Illinois' pension system is 47.1% funded. 50th on the list.
No mention of South Dakota?
Why is that...
.
Say it with me: “Unexpectedly.”
With just 10 days to go until Illinois enters its third year without a budget, resulting in the state’s imminent downgrade to junk status and potentially culminating in a default for the state whose unpaid bills now surpass $15 billion, Democratic Illinois Comptroller Susana Mendoza issued a warning to Illinois Gov. Rauner and other elected officials on Tuesday, saying in a letter that her office has “very serious concerns” it may no longer be able to guarantee “timely and predictable payments” for some core services.
In the letter posted on her website, Mendoza who over the weekend warned that Illinois is “in massive crisis mode” and that “this is not a false alarm” said the state is “effectively hemorrhaging money” due to various court orders and laws that have left government spending roughly $600 million more a month than it’s taking in. Mendoza said her office will continue to make debt payments as required, but indicated that services most likely to be affected include long-term care, hospice and supportive living centers for seniors. She added that managed care organizations that serve Medicaid recipients are owed more than $2.8 billion in overdue bills as of June 15.
“The state can no longer function without a responsible and complete budget without severely impacting our core obligations and decimating services to the state’s most in-need citizens,” Mendoza wrote. “We must put our fiscal house in order. It is already too late. Action is needed now.”
Illinois Comptroller: "The State Can No Longer Function" | Zero Hedge
And now they are trying to convince us that about 93 Million People are going to die under the Trump Administration?
So what are we going to do about Illinois?
Lets see,,,,option 1....Put it on Ebay? Opening Bid......$3.00
Maybe sell it to Canada for about $250,000 ??
Why not just sell it to China or Russia and end the Misery already !!!
Cut all government pensions in half.
Reduce government employment by 20%.
Deport all the illegals.
You really gonna mess with your GOP favs in the police department? Who do you think gets these sweetheart pensions ?
Lol...tell me something I didn't know!Say it with me: “Unexpectedly.”
With just 10 days to go until Illinois enters its third year without a budget, resulting in the state’s imminent downgrade to junk status and potentially culminating in a default for the state whose unpaid bills now surpass $15 billion, Democratic Illinois Comptroller Susana Mendoza issued a warning to Illinois Gov. Rauner and other elected officials on Tuesday, saying in a letter that her office has “very serious concerns” it may no longer be able to guarantee “timely and predictable payments” for some core services.
In the letter posted on her website, Mendoza who over the weekend warned that Illinois is “in massive crisis mode” and that “this is not a false alarm” said the state is “effectively hemorrhaging money” due to various court orders and laws that have left government spending roughly $600 million more a month than it’s taking in. Mendoza said her office will continue to make debt payments as required, but indicated that services most likely to be affected include long-term care, hospice and supportive living centers for seniors. She added that managed care organizations that serve Medicaid recipients are owed more than $2.8 billion in overdue bills as of June 15.
“The state can no longer function without a responsible and complete budget without severely impacting our core obligations and decimating services to the state’s most in-need citizens,” Mendoza wrote. “We must put our fiscal house in order. It is already too late. Action is needed now.”
Illinois Comptroller: "The State Can No Longer Function" | Zero Hedge
Lack of leadership from Chicago hometown boy Republican Governor Rauner?Say it with me: “Unexpectedly.”
With just 10 days to go until Illinois enters its third year without a budget, resulting in the state’s imminent downgrade to junk status and potentially culminating in a default for the state whose unpaid bills now surpass $15 billion, Democratic Illinois Comptroller Susana Mendoza issued a warning to Illinois Gov. Rauner and other elected officials on Tuesday, saying in a letter that her office has “very serious concerns” it may no longer be able to guarantee “timely and predictable payments” for some core services.
In the letter posted on her website, Mendoza who over the weekend warned that Illinois is “in massive crisis mode” and that “this is not a false alarm” said the state is “effectively hemorrhaging money” due to various court orders and laws that have left government spending roughly $600 million more a month than it’s taking in. Mendoza said her office will continue to make debt payments as required, but indicated that services most likely to be affected include long-term care, hospice and supportive living centers for seniors. She added that managed care organizations that serve Medicaid recipients are owed more than $2.8 billion in overdue bills as of June 15.
“The state can no longer function without a responsible and complete budget without severely impacting our core obligations and decimating services to the state’s most in-need citizens,” Mendoza wrote. “We must put our fiscal house in order. It is already too late. Action is needed now.”
Illinois Comptroller: "The State Can No Longer Function" | Zero Hedge
what does that mean? soon their only food supply will be bananas?I am reading everywhere that Illinois has become North America's Venezuela.
Banana State.
what does that mean? soon their only food supply will be bananas?I am reading everywhere that Illinois has become North America's Venezuela.
Banana State.
and Hot Pocketswhat does that mean? soon their only food supply will be bananas?I am reading everywhere that Illinois has become North America's Venezuela.
Banana State.
That's right Rexx Taylor
That's right
I hope that within the next six months, every dog and cat in Illinois run ,,run away!!! all the way to Texas!!!!what does that mean? soon their only food supply will be bananas?I am reading everywhere that Illinois has become North America's Venezuela.
Banana State.
That's right Rexx Taylor
That's right
and Hot Pocketswhat does that mean? soon their only food supply will be bananas?I am reading everywhere that Illinois has become North America's Venezuela.
Banana State.
That's right Rexx Taylor
That's right
Bad things happen when the president is a Republican.Say it with me: “Unexpectedly.”
With just 10 days to go until Illinois enters its third year without a budget, resulting in the state’s imminent downgrade to junk status and potentially culminating in a default for the state whose unpaid bills now surpass $15 billion, Democratic Illinois Comptroller Susana Mendoza issued a warning to Illinois Gov. Rauner and other elected officials on Tuesday, saying in a letter that her office has “very serious concerns” it may no longer be able to guarantee “timely and predictable payments” for some core services.
In the letter posted on her website, Mendoza who over the weekend warned that Illinois is “in massive crisis mode” and that “this is not a false alarm” said the state is “effectively hemorrhaging money” due to various court orders and laws that have left government spending roughly $600 million more a month than it’s taking in. Mendoza said her office will continue to make debt payments as required, but indicated that services most likely to be affected include long-term care, hospice and supportive living centers for seniors. She added that managed care organizations that serve Medicaid recipients are owed more than $2.8 billion in overdue bills as of June 15.
“The state can no longer function without a responsible and complete budget without severely impacting our core obligations and decimating services to the state’s most in-need citizens,” Mendoza wrote. “We must put our fiscal house in order. It is already too late. Action is needed now.”
Illinois Comptroller: "The State Can No Longer Function" | Zero Hedge
