Illinois Stops Paying Its Bills, but Can’t Stop Digging Hole

Discussion in 'Politics' started by chanel, Jul 5, 2010.

  1. chanel
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    chanel Silver Member

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    http://www.nytimes.com/2010/07/03/b....html?pagewanted=1&_r=2&ei=5065&partner=MYWAY

    Hmmm. Wonder if anyone in DC is paying attention to IL. :confused:
     
  2. editec
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    editec Mr. Forgot-it-All

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    Pensions are promises made by the present to be paid for by the future.

    Sometimes things just don't work out as planned.
     
  3. ba1614
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    ba1614 Silver Member

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    There's some in the WH that had a lot to do with the IL mess. It's a precursor for what's coming for the whole country.:evil:
     
  4. chanel
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    chanel Silver Member

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    I agree. And yet they are following the same path, all the while ridiculing the tea party having the audacity to show concern.

    I live in NJ, which is in a similar situation. The governor is well aware of the dire situation, but I don't think he's gotten that message out loud enough. I know a lot of moderate Dems who think he's over reacting. I think the opposite. The sky IS falling.
     
  5. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    One by one, each of the States in the US are going to be dealing with this issue. It's time for everybody to take a hard look at all the government give-away support payments for people on the public dole. It's time to stop spending more than you take in every year in taxes. It's time to start being accountable and responsible public servants BUT no State is going to do that and it's going to be their downfalls.
     
  6. KMAN
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    KMAN Senior Member

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    I thought Obama and rightwinger said the economy was recovering??????
     
  7. daveman
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    daveman Diamond Member

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    Leftist economics in action. It's astounding how anyone can claim it works. :cuckoo:
     
  8. saveliberty
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    saveliberty Diamond Member

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    It is recovering from capitalism. Socialism makes it all better. :eusa_whistle:
     
  9. Baruch Menachem
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    Baruch Menachem '

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    Oregon is tap dancing along the event horizon of the same hole. We just raised taxes substantially in order to keep PERS going here. Oregon has more and more state employees and the PERS system here is the incontinent elephant in the living room.
     
  10. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    No, because Liberalism is a mental disorder.
     

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