Illinois is at the point of no return

originally posted by: toysforadults
one of your major problems is the pension programs

wait till after the next correction they will be put on the chopping block.

I agree.....IF it happens.

After the City of Detroit bankruptcy....which was due to pension costs and the HUGE amount owed to BCBS and others for healthcare, I thought other cities and public pension systems would face the same ...but it seems no one else fell under the knife....and I've always wondered why.
California and Illinois being prime candidates.

a reply to: DontTreadOnMe

they were bailed out by the Fed to prevent a domino affect, the pensions are a MAJOR problem and cause of inflation. they = higher taxes and less services

I bet everyone has been noticing that where they live. who has been noticing less services and higher taxes?

bet ya you have unfunded pension liabilities in all of your unions

a reply to: toysforadults

That is what I DON'T understand!!!!

The Feds refused to bail out Detroit.
Why go and bailout other public entities .....unless it was political

Our former suburb...yeah, not doing as well as it once was.
Although I cannot say services were cut....at least not noticeably.
And to avoid undfunded pension liabilities...there was a separate millage added to make up the difference.
And, new hires have a different pension set up.

a reply to: DontTreadOnMe

yup exactly. where I live they have raised the taxes on home owners every single year and will do so again this year except we have seen an OBVIOUS cut in the services budget. all so everyone can get their pyramid scheme pensions

and guess who's going to pay for all of this?

my age group. meanwhile like you said, we won't get a damn pension

this topic honestly pisses me off. I'm sick of being told by old people that I should accept austerity while paying for them to retire with a retirement package that won't be offered to us

I know it's not most of the older peoples fault they bought into a scheme but damn this topic really does piss me off

I almost forgot, on top of all of that guess what they do? they offer tax subsidies to all the major corporations to bring in their low wage jobs and then those low wage jobs are suppose to provide the tax money for the pensions

the system is failed. IT IS A FAILED SYSTEM

it's broken

originally posted by: ketsuko
Wonder how quickly we will be seeing a Yellow Jacket style protest in states?

The end of the property tax write-offs will only hasten a process that should have been happening a long time ago.

I really don't know if this would happen. I think people in Illinois are apathetic. It is really not until you move away for awhile do you really understand how abnormal that state is.

They're moving closer to socialism while supporting Satanism more and more. I feel that there is a connection there. Socialism always looks tempting but always fails. It general starts in capitalist nations with ever increasing taxes on workers. To see who the state of Illinois wants to serve, or at least accept, look at this article. www.usatoday.com...

originally posted by: JAGStorm
a reply to: americanbuffalo1

The incoming new governor has said he wants to institute a tax on leaving the state

Wow, how bad is it that you have to scare people into staying. A leave tax??? CRAZY
Sorry to hear about your wife, I hope she has a speedy recovery!

I can't wait for the dems to build a wall to keep residents in as Ron Paul warned, lol.

This is nuts I thought florida taxes on the water were nuts.

I actually just moved from Illinois (Ottawa a small town about an hour and 15 minutes south of Chicago) to Nebraska in September. Me and the wife knew we had to get out of Illinois, its a sinking ship. Luckily we were both able to find comparable jobs in our field and buy a bigger more expensive house, while surprise suprise paying less property tax. I know not not everyone can, but those able to should definitly leave Illinois

originally posted by: trez1336
I actually just moved from Illinois (Ottawa a small town about an hour and 15 minutes south of Chicago) to Nebraska in September. Me and the wife knew we had to get out of Illinois, its a sinking ship. Luckily we were both able to find comparable jobs in our field and buy a bigger more expensive house, while surprise suprise paying less property tax. I know not not everyone can, but those able to should definitly leave Illinois

Yay for you & and your family!!! Just wait, you'll see over time how horrible Illinois really is. It took us a full year to grasp all the little hidden costs. My friend in Illinois had four kids, just the school registration cost her $1500, and that is for a PUBLIC school! You just got yourself a HUGE pay raise even if you making the same amount!