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RE: No wonder states like Illinois are financial messes...

Posted on: April 7, 2021 at 18:51:31 CT
scan MU
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There is no way the blue states can afford to pay the lavish pensions they promised state workers. That was the primary purpose of the last COVID spending bill.
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     Peanuts... - TigerMatt - 4/7 19:28:37
     Gvmt is a scam - pickle MU - 4/7 18:55:45
          Yes, agreed. nm. - MUTGR MU - 4/7 21:07:45
     RE: No wonder states like Illinois are financial messes... - scan MU - 4/7 18:51:31
          Except that pensions were not the primary purpose of the - SparkyStalcup MU - 4/7 18:55:11
               Do you believe in the concept that money - Bulldog Bob Brown STL - 4/7 19:25:51
                    Of course it is. It can be exchanged for assets of the same - SparkyStalcup MU - 4/7 19:35:10
                         Good. Do you think in its fungibility a state - Bulldog Bob Brown STL - 4/7 19:44:25
                              Are pension liabilities and typical expenses like assets - SparkyStalcup MU - 4/7 20:39:52
                                   "Prohibits state aid funds to be used to pay pensions" - Bulldog Bob Brown STL - 4/8 04:44:51
               RE: Except that pensions were not the primary purpose of the - scan MU - 4/7 18:57:22
                    State budgets were strained a lot because of unemployment - SparkyStalcup MU - 4/7 19:08:16
                         RE: State budgets were strained a lot because of unemployment - scan MU - 4/7 19:38:32
                              Actually, the bill specifically prohibits the funds from - SparkyStalcup MU - 4/7 20:42:57
                                   The city of St Louis is going to get $500M+ out of the - Bulldog Bob Brown STL - 4/8 05:00:30
     I read somewhere that there are retired HS superintendents - MU-TULSA MU - 4/7 18:50:35
          AR allowed teachers to retire at 75% of max pay - tigerinhogtown STL - 4/7 19:14:49
          The Columbia Public Schools superintendent makes 220k. That - SparkyStalcup MU - 4/7 19:11:57
          Not that is a good thing but its better than - JG MU - 4/7 18:52:02




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