The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Illinois pension shortfall to $250 billion
Poast new message in this thread
Date: June 28th, 2017 5:00 PM Author: stubborn boltzmann JFC it's almost as much as Obama's stimulus. We could invade Syria and destroy ISIS for less than that. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662589) |
Date: June 28th, 2017 5:02 PM Author: gay provocative halford to the moon! (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662604) |
 |
Date: June 28th, 2017 5:07 PM Author: jet-lagged excitant hell trump supporter (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662644) |
|
Date: June 28th, 2017 5:11 PM Author: Lavender Insane Theater (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662672) |
|
Date: June 28th, 2017 5:28 PM Author: purple razzle-dazzle church newt (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662805) |
|
Date: June 28th, 2017 5:04 PM Author: mauve private investor you guys realize boomers are going to absolutely fuck us with these pensions, right?
i agree it's not fair, people counting on that retirement income their whole life, to try to change the terms now. so we can't do that.
but man we are going to get fucked so hard. |
|
Date: June 28th, 2017 5:07 PM Author: Primrose hairraiser digit ratio So it's more fair to fuck our own asses than fuck boomers who rode a gravy train their whole life? Lmao no (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662648) |
|
Date: June 28th, 2017 5:10 PM Author: Floppy hilarious property feces (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662667) |
|
Date: June 28th, 2017 5:11 PM Author: gay provocative halford (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662676) |
|
Date: March 22nd, 2018 12:42 AM Author: Crimson Mind-boggling Laser Beams Chapel Cr. Lmao at Gen Xers who refuse to take away their masters pensions. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35658884) |
|
Date: June 28th, 2017 5:10 PM Author: Floppy hilarious property feces The terms were negotiated FRAUDULENTLY with governments picked by and dependant upon the unions that held them up only a thin veil of separation legitimizes the transaction
the influence was criminal and the vast majority of the electorate was the victim- they should pick governments that finally act in their interest and break apart this nonsense |
|
Date: June 28th, 2017 5:17 PM Author: Vengeful School Cafeteria The state should just declare bankruptcy and fuck these pensioners on the reorganization. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662714) |
|
Date: June 28th, 2017 5:26 PM Author: Floppy hilarious property feces (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662785) |
|
Date: June 28th, 2017 5:44 PM Author: Stirring Main People Pozpig The state can't declare bankruptcy without Congress allowing it. If Congress steps in, they will likely take over the whole budget reform process. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662929) |
|
Date: June 28th, 2017 5:49 PM Author: effete station the state can go constructively bankrupt and foist the whole mess upon the courts, though. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662963) |
|
Date: June 28th, 2017 5:50 PM Author: wine hospital Then start with chicago . Chapter 9 muni (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662967) |
|
Date: June 28th, 2017 6:00 PM Author: Floppy hilarious property feces GOP congress aint stepping in for some blue state unions, right? (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663027) |
|
Date: June 28th, 2017 6:42 PM Author: silver idiot stag film 18484852834836746 (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663312) |
|
Date: March 22nd, 2018 12:43 AM Author: Crimson Mind-boggling Laser Beams Chapel Cr that is what stockton, ca did (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35658891) |
|
Date: June 28th, 2017 5:26 PM Author: Primrose hairraiser digit ratio This makes me so fucking mad brother. You honestly think this? These fraud boomers have 1) paid off their mortgage and likely have enjoyed nice gains on the equity of their homes, 2) never had student loans - or even a need for college education, 3) currently receive massively subsidized healthcare (for now lmao), 4) received regular raises throughout their careers, 5) drive brand new cars and do all types of other heinous shit. And you think we should bear the burden? Because it was promised to them? No fucking way. Shit had changed. That $4,500/mo pension should be cut to $1,500 and these fucks can just deal with it (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662784) |
|
Date: June 28th, 2017 5:34 PM Author: low-t nursing home here is the reality for a lot of people--including myself--if there is a wave of reorgs that fuck pension benefits...my parents are moving in with me and i'm supporting until death. mind you, i don't mind and plan to have them move in with us with old age, etc, but right now...they kinda enjoy being old and shit on their own. not every person on a pension was a cop who jacked the last 3 years for 200k salaries. there are plenty of paraprofessionals whose top salary was 29k out there. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662848) |
|
Date: June 28th, 2017 6:44 PM Author: silver idiot stag film That's the way it was for millennia and the way it will revert to if the United States embraces fat govt pensions. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663327) |
|
Date: June 28th, 2017 5:42 PM Author: tantric mad cow disease Here's how you avoid getting fucked by Illinois boomers: You move out of Illinois. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662905) |
|
Date: June 28th, 2017 5:42 PM Author: low-t nursing home (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662907) |
|
Date: June 28th, 2017 5:52 PM Author: Rebellious multi-billionaire (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662984) |
|
Date: June 28th, 2017 5:04 PM Author: aggressive knife patrolman Would swallow the whole crypto market 2.5 times. Nice. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662616) |
|
Date: June 28th, 2017 5:05 PM Author: ruddy address dragon *Rauner betting BIG on Tezos to pay off deficit* (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662623) |
|
Date: June 28th, 2017 5:06 PM Author: aggressive knife patrolman (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662632) |
|
Date: June 28th, 2017 5:11 PM Author: Floppy hilarious property feces (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662669) |
|
Date: June 28th, 2017 5:41 PM Author: tantric mad cow disease (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662897) |
|
Date: June 28th, 2017 6:25 PM Author: Disturbing toaster (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663189) |
|
Date: June 28th, 2017 5:07 PM Author: Rambunctious people who are hurt $19K for every man woman and child in IL. LOL. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662639) |
|
Date: June 28th, 2017 6:44 PM Author: silver idiot stag film Which really means $30 for every taxpayer (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663332) |
|
Date: June 28th, 2017 5:25 PM Author: Stirring Main People Pozpig What is the endgame for Illinois here? (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662778) |
|
Date: June 28th, 2017 5:29 PM Author: Primrose hairraiser digit ratio Detroit circa 2008 (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662810) |
|
Date: June 28th, 2017 5:29 PM Author: filthy talented wrinkle Amendment to state constitution to allow for progressive income tax -> cop dat sweet sweet tax money for pensions.
By the way, the Illinois Supreme Court has ruled pensions are contracts so they can't cram down reforms that reduce benefits already promised |
|
Date: June 28th, 2017 5:31 PM Author: purple razzle-dazzle church newt i believe those pensions are more than that. there's a fucking amendment protecting them. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662826) |
|
Date: June 28th, 2017 5:35 PM Author: henna mental disorder doctorate Correct. State constitution protects them. Illinois unionists were shameless. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662851) |
|
Date: June 28th, 2017 5:37 PM Author: low-t nursing home im amazed at this. like HO LEE SHIT. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662876) |
|
Date: June 28th, 2017 5:35 PM Author: low-t nursing home they ENSHRINED IN THEIR FUCKING CONSTITUTION a no cram down on pensions?!
man...they're good. gotta admit it. ljl. |
|
Date: June 28th, 2017 5:30 PM Author: purple razzle-dazzle church newt flood cook county (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662820) |
|
Date: June 28th, 2017 5:32 PM Author: wine hospital Probably just not honor the obligations to be honest. They are too large and there isn't enough money. Any politician who would raise state taxes by 25% would be shot. Pensioners aren't getting their windfall. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662834) |
|
Date: June 28th, 2017 5:33 PM Author: bipolar racy skinny woman https://i.ytimg.com/vi/hEJnMQG9ev8/maxresdefault.jpg (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662839) |
|
Date: June 28th, 2017 7:30 PM Author: soul-stirring useless brakes mexican Fucking lol'd (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663697) |
|
Date: June 28th, 2017 5:44 PM Author: wine hospital Eventually it will come to a head. Illinois won't be able to borrow anymore and there will be a choice between funding pension system and providing for basic services like replacing street lights and garbage pickup. The governor will order the street lights be replaced, unions will sue and get a court order directing the governor to put that money into the pension fund, the governor will refuse and will be wildly popular for doing so. Unions will move for civil contempt which may be granted but no one in the state will enforce it. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662924) |
|
Date: June 28th, 2017 5:49 PM Author: bipolar racy skinny woman Is it possible that some firebrand politician will rally the people to amend the constitution re: pensions. Like some Trump-type just going all out and talking about how you can't have garbage pickup or fire departments or anything because of greedy govt workers? (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662959) |
|
Date: June 28th, 2017 5:59 PM Author: wine hospital Sure but you need 60% in both chambers before it goes to popular vote which also requires 60%. Seems doable but you have Madigan as Speaker in the House and i can't imagine he'd let it get to a vote. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663024) |
|
Date: June 28th, 2017 6:22 PM Author: Mildly autistic theatre community account Not a lawmo but Illinois SCOTUS said the pension promises were a contract (and the 1970 constitutional convention made that clear) so lawmos in the state have been saying that even if they amended the state constitution, they still couldn't abrogate their contractual obligation to pay the pensions (US constitution contract protection?). (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663170) |
|
Date: June 28th, 2017 6:41 PM Author: wine hospital yea that's a huge open question (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663304) |
|
Date: June 28th, 2017 6:49 PM Author: silver idiot stag film Can XO Gorsuch CUCK the Illinois SCOTS? (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663375) |
|
Date: June 28th, 2017 6:52 PM Author: Mildly autistic theatre community account Legit q, would xo Gorsuch or slate RBG be more likely to cuck SCOTUSIL? (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663405) |
|
Date: June 28th, 2017 6:23 PM Author: Rambunctious people who are hurt (Ben Stein's dad) (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663175) |
|
Date: June 28th, 2017 5:51 PM Author: Lake Dilemma California maf (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33662970) |
|
Date: June 28th, 2017 6:34 PM Author: Metal Gas Station Famous Landscape Painting Lol @ paying these co$TTT$ when the population is declining.
http://www.chicagotribune.com/news/local/breaking/ct-illinois-population-decline-met-20161220-story.html |
|
Date: June 28th, 2017 6:43 PM Author: jet state It's the poor who are moving out. Those with money are moving into Chicago. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663324) |
|
Date: June 28th, 2017 6:44 PM Author: Metal Gas Station Famous Landscape Painting Lol if you think professionals, who are getting fucked the hardest by tax increases, aren't fleeing the state (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663331) |
|
Date: June 28th, 2017 6:53 PM Author: Mildly autistic theatre community account GETCO quants balling out of control in Hammond IN (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663413) |
|
Date: June 28th, 2017 7:45 PM Author: Metal Gas Station Famous Landscape Painting No, they're balling out of control in Nashville, Portland, Seattle, Denver, Austin, Phoenix, etc. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663765) |
|
Date: June 28th, 2017 6:58 PM Author: wine hospital His basic assertion is correct at least with chicago. The population loss from the south side is poorer blacks moving out. The influx of residents to the loop and north side is professionals. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33663456) |
|
Date: June 29th, 2017 11:02 AM Author: Metal Gas Station Famous Landscape Painting https://fee.org/articles/this-state-is-on-the-brink-of-fiscal-meltdown/ (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#33667565) |
|
Date: March 16th, 2018 9:09 AM Author: boyish incel quadroon (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35618073) |
|
Date: March 16th, 2018 9:25 AM Author: Spectacular public bath Why not just murder all the pensioners early? You’d come out vastly ahead even if it was $1 million per hit. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35618158) |
|
Date: March 22nd, 2018 12:37 AM Author: stubborn boltzmann Average wrongful death judgment is like $7 million, but even then I think you come out ahead. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35658852) |
|
Date: March 22nd, 2018 9:58 AM Author: boyish incel quadroon Who said anything about "wrongful" deaths? (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35660268) |
|
Date: March 22nd, 2018 12:39 AM Author: Metal Gas Station Famous Landscape Painting Lol @ cucks who live in IL, NJ, NY, or CA, who work to pay for outrageous Boomer pensions (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35658859) |
|
Date: March 22nd, 2018 12:40 AM Author: nudist clown theater stage (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35658862) |
|
Date: March 22nd, 2018 10:01 AM Author: ivory comical turdskin home Joke will be on all of us when some lib potus and Congress extend retroactive pbgc coverage to these systems (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35660288) |
|
Date: March 22nd, 2018 10:11 AM Author: Rebellious multi-billionaire cr boomer libs are responsible but we're all just going to have to step up to the plate and pay our fair share hehe (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35660329) |
|
Date: March 22nd, 2018 10:15 AM Author: ivory comical turdskin home It's the management, the labor reps, the pols, the regulators, the banks... we should be guillotining them all. Some of the fuckers who tookall the triple OT their last three years too. I feel sorry for the bros who didn't game the system but whose pensions are fucked. (http://www.autoadmit.com/thread.php?thread_id=3660867&forum_id=2#35660364) |