Main Menu
collapse

Resources

Recent Posts

Recruiting as of 4/15/25 by Tha Hound
[Today at 09:02:34 AM]


2025 Transfer Portal by Billy Hoyle
[Today at 08:24:01 AM]


Marquette NBA Thread by pbiflyer
[May 01, 2025, 09:00:46 PM]


OT: MU Lax by MU82
[May 01, 2025, 07:27:35 PM]


Big East 2024 -25 Results by Billy Hoyle
[May 01, 2025, 03:04:10 PM]

Please Register - It's FREE!

The absolute only thing required for this FREE registration is a valid e-mail address. We keep all your information confidential and will NEVER give or sell it to anyone else.
Login to get rid of this box (and ads) , or signup NOW!


MU82

Quote from: Frenns Liquor Depot on April 15, 2020, 03:26:25 PM
I have to say we need to change our perspective on all of this.  To be successful we are going to have to change our view that 'this is will stop this' and move toward 'does this contribute to improved safety'.

Taking temperatures does.  Wearing masks on top of not allowing the obviously symptomatic in the store does.  hand washing does. etc. etc. 

Nothing is going to stop this thing, we just have to hope we can slow it down with a bunch of things so we can go out into the world again (and so people will be comfortable entering the world again).

Superbly stated.

In some of the debates/discussions all of us have had on this, I probably would be seen as one who leans to the side of caution/safety. But we are NEVER going to find anything that cures this 100%, contains this 100%, ensures that not a single person will die, etc.

Eventually, we have to open the country back up.
"It's not how white men fight." - Tucker Carlson

"Guard against the impostures of pretended patriotism." - George Washington

"In a time of deceit, telling the truth is a revolutionary act." - George Orwell

🏀

Quote from: Coleman on April 16, 2020, 04:48:50 PM
Where TF you live, Iowa?

About 40 minutes northwest of Rise Mundelein.

WarriorDad

The state has asked the federal government to bail out our already terribly managed pension.  The pension crisis here is a disaster of unfunded liabilities and promises before the virus.  This will not be the first request by states, but the ones already in turmoil will use it as a way to erase their sins.

https://www.nytimes.com/2020/04/17/business/dealbook/illinois-pension-coronavirus.html
"No one is more hated than he who speaks the truth."
— Plato

jesmu84

Quote from: WarriorDad on April 18, 2020, 02:24:47 PM
The state has asked the federal government to bail out our already terribly managed pension.  The pension crisis here is a disaster of unfunded liabilities and promises before the virus.  This will not be the first request by states, but the ones already in turmoil will use it as a way to erase their sins.

https://www.nytimes.com/2020/04/17/business/dealbook/illinois-pension-coronavirus.html

Good.

Joe six-pack deserves his bailout too.

WarriorDad

Quote from: jesmu84 on April 18, 2020, 02:29:40 PM
Good.

Joe six-pack deserves his bailout too.

Maybe we should be wiser with our promises to all people in pension funds.  Without this virus, the pension system was already in full destruction mode.  Only New Jersey has a bigger problem.  Sunny projections each budgeting session that are rarely funded.  This problem goes back to the teens of the 1900's here - 100 years of insolvency for the most part. 

Asking other Americans throughout the country to bail us out here is not going to over well.
"No one is more hated than he who speaks the truth."
— Plato

Spaniel with a Short Tail

Quote from: WarriorDad on April 18, 2020, 02:24:47 PM
The state has asked the federal government to bail out our already terribly managed pension.  The pension crisis here is a disaster of unfunded liabilities and promises before the virus.  This will not be the first request by states, but the ones already in turmoil will use it as a way to erase their sins.

https://www.nytimes.com/2020/04/17/business/dealbook/illinois-pension-coronavirus.html

Not entirely accurate. The Senate President went a little rogue on this asking on his own - not on behalf of the State since that is the Governor's prerogative - for this additional financial assistance.

https://capitolfax.com/2020/04/18/despite-harmon-letter-pritzker-has-not-asked-feds-for-pension-aid/

jesmu84

Quote from: WarriorDad on April 18, 2020, 02:52:53 PM
Maybe we should be wiser with our promises to all people in pension funds.  Without this virus, the pension system was already in full destruction mode.  Only New Jersey has a bigger problem.  Sunny projections each budgeting session that are rarely funded.  This problem goes back to the teens of the 1900's here - 100 years of insolvency for the most part. 

Asking other Americans throughout the country to bail us out here is not going to over well.

Everyone at the top gets their bailout. Joe six-pack deserves his after he's done so much for others.

tower912

Quote from: jesmu84 on April 18, 2020, 04:52:10 PM
Everyone at the top gets their bailout. Joe six-pack deserves his after he's done so much for others.

Heroic and essential.    Until you mention pensions.  Then socialistic leeches.   
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

mu_hilltopper

With a little luck, COVID will help out with those pesky pensioners.

Pakuni

Quote from: WarriorDad on April 18, 2020, 02:52:53 PM
Maybe we should be wiser with our promises to all people in pension funds. 

Or maybe "we" shouldn't have spent a couple of decades diverting pension contributions into pork projects that enrich our major campaign donors.
It's like you're not even trying anymore.

warriorchick

Have some patience, FFS.

MU82

Why doesn't Pritzker just assign Coach Ditka to punch da virus outta da state?

My friends.
"It's not how white men fight." - Tucker Carlson

"Guard against the impostures of pretended patriotism." - George Washington

"In a time of deceit, telling the truth is a revolutionary act." - George Orwell

MarquetteDano

Quote from: WarriorDad on April 18, 2020, 02:52:53 PM
Maybe we should be wiser with our promises to all people in pension funds.  Without this virus, the pension system was already in full destruction mode.  Only New Jersey has a bigger problem.  Sunny projections each budgeting session that are rarely funded.  This problem goes back to the teens of the 1900's here - 100 years of insolvency for the most part. 

Asking other Americans throughout the country to bail us out here is not going to over well.

Agree on the argument that Illinois overspends and needs to get its house in order.

In regards to asking other Americans to pay, there are about 5 states that pay more to federal gov and get less back. So out of 50 states, 5 can complain.

Chili

Quote from: MarquetteDano on April 19, 2020, 11:33:43 AM
Agree on the argument that Illinois overspends and needs to get its house in order.

In regards to asking other Americans to pay, there are about 5 states that pay more to federal gov and get less back. So out of 50 states, 5 can complain.

And Illinois is one of those states that pays more in taxes then we get back.
But I like to throw handfuls...

MarquetteDano

Quote from: Chili on April 19, 2020, 01:26:32 PM
And Illinois is one of those states that pays more in taxes then we get back.

Exactly my point. Other than  California, Texas, New York, and a few others, we are subsidizing the rest.

Hards Alumni

Quote from: MarquetteDano on April 19, 2020, 02:51:19 PM
Exactly my point. Other than  California, Texas, New York, and a few others, we are subsidizing the rest.

Thank you for your service.

The Sultan

https://www.businessinsider.com/illinois-reportedly-organized-secret-flights-bringing-masks-from-china-2020-4?fbclid=IwAR2vF-Xo0SQEGk6jAgUunHD92LuswGj9c086jMQbTuZILjdsbrfwwsNcdqM

Illinois Gov. J.B. Pritzker organized secret flights bringing millions of masks and gloves to the state from China on charter jets in an effort to bypass potential Trump administration efforts to seize the products, The Chicago Sun-Times reported.
"I am one of those who think the best friend of a nation is he who most faithfully rebukes her for her sins—and he her worst enemy, who, under the specious and popular garb of patriotism, seeks to excuse, palliate, and defend them" - Frederick Douglass

MarquetteDano

#217
Quote from: Hards_Alumni on April 19, 2020, 03:01:16 PM
Thank you for your service.

Thanks for the snark but I was not the one who stated that it isn't fair for the rest of the country to assist Illinois.  Was just stating the facts.

If we all wanted every state to be break-even where would that leave Mississippi, Oklahoma, New Mexico, Kentucky, et al?

Let's not pretend state welfare has not been happening for years.

tower912

Quote from: Fluffy Blue Monster on April 19, 2020, 03:09:59 PM
https://www.businessinsider.com/illinois-reportedly-organized-secret-flights-bringing-masks-from-china-2020-4?fbclid=IwAR2vF-Xo0SQEGk6jAgUunHD92LuswGj9c086jMQbTuZILjdsbrfwwsNcdqM

Illinois Gov. J.B. Pritzker organized secret flights bringing millions of masks and gloves to the state from China on charter jets in an effort to bypass potential Trump administration efforts to seize the products, The Chicago Sun-Times reported.
Wise.   Sad that is what it has come to.
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

Hards Alumni

Quote from: MarquetteDano on April 19, 2020, 03:38:55 PM
Thanks for the snark but I was not the one who stated that it isn't fair for the rest of the country to assist Illinois.  Was just stating the facts.

If we all wanted every state to be break-even where would that leave Mississippi, Oklahoma, New Mexico, Kentucky, et al?

Let's not pretend state welfare has not been happening for years.

Oh, I'm aware it has.  I was being ironic.  The bumpkins in the taker states (MS, LA, OK, NM, et al.) rail against welfare and then take the hand outs.  A bunch of failed states without being propped up by the 'elites'.  They're a bunch of hypocrites, but that is a different discussion for a different day.

MarquetteDano

Quote from: Hards_Alumni on April 19, 2020, 06:00:28 PM
Oh, I'm aware it has.  I was being ironic.  The bumpkins in the taker states (MS, LA, OK, NM, et al.) rail against welfare and then take the hand outs.  A bunch of failed states without being propped up by the 'elites'.  They're a bunch of hypocrites, but that is a different discussion for a different day.

My apologies I missed the irony.

Hards Alumni

Quote from: MarquetteDano on April 19, 2020, 07:14:07 PM
My apologies I missed the irony.

Well, it was a pretty crummy attempt, so I don't blame you.  I blame me.   ;D

WarriorDad

Quote from: MarquetteDano on April 19, 2020, 11:33:43 AM
Agree on the argument that Illinois overspends and needs to get its house in order.

In regards to asking other Americans to pay, there are about 5 states that pay more to federal gov and get less back. So out of 50 states, 5 can complain.

It comes down to being honest in assumptions and setting that funding accordingly and the mess we find ourselves in here would have been addressed years ago.

The pay in vs pay out by states depends how it is done.  Are only tax receipts used or are other factors?  An an example, federal monies going to Florida for Federal highway helps Florida but it also helps trucking / commerce for the entire region. Some of these states are the backbone of our military and receive funding for bases.  Illinois, is an example that does not fit that criteria in comparison to a Florida, Georgia or other states that receive more money.  If national defense is important, the bases have to be built somewhere and warmer weather allows for more training hours and less wear and tear on the equipment.

We live in a progressive country when it comes to taxes.  The poorer states will receive more just as the poorer citizens will on a percentage of what they pay in. 

At issue here is around knowingly promising pensions for years on end that never had a chance and were baked in falsehoods.  That is our pensions system here.
"No one is more hated than he who speaks the truth."
— Plato

Chili

Quote from: WarriorDad on April 19, 2020, 09:42:52 PM
It comes down to being honest in assumptions and setting that funding accordingly and the mess we find ourselves in here would have been addressed years ago.

The pay in vs pay out by states depends how it is done.  Are only tax receipts used or are other factors?  An an example, federal monies going to Florida for Federal highway helps Florida but it also helps trucking / commerce for the entire region. Some of these states are the backbone of our military and receive funding for bases.  Illinois, is an example that does not fit that criteria in comparison to a Florida, Georgia or other states that receive more money.  If national defense is important, the bases have to be built somewhere and warmer weather allows for more training hours and less wear and tear on the equipment.

We live in a progressive country when it comes to taxes.  The poorer states will receive more just as the poorer citizens will on a percentage of what they pay in. 

At issue here is around knowingly promising pensions for years on end that never had a chance and were baked in falsehoods.  That is our pensions system here.

Under every metric Illinois is a universal payee to the fed. Whether it's funding to the state or direct benefits residents receive from the federal government - IL pays more out than it gets back.

Honestly why is it IL pays for hurricane relief in the south when they don't way for snow removal? If you're going to live in hurricane country, stuffs going to get messed up.

But I like to throw handfuls...

MarquetteDano

#224
Quote from: WarriorDad on April 19, 2020, 09:42:52 PM
It comes down to being honest in assumptions and setting that funding accordingly and the mess we find ourselves in here would have been addressed years ago.

The pay in vs pay out by states depends how it is done.  Are only tax receipts used or are other factors?  An an example, federal monies going to Florida for Federal highway helps Florida but it also helps trucking / commerce for the entire region. Some of these states are the backbone of our military and receive funding for bases.  Illinois, is an example that does not fit that criteria in comparison to a Florida, Georgia or other states that receive more money.  If national defense is important, the bases have to be built somewhere and warmer weather allows for more training hours and less wear and tear on the equipment.

We live in a progressive country when it comes to taxes.  The poorer states will receive more just as the poorer citizens will on a percentage of what they pay in. 

At issue here is around knowingly promising pensions for years on end that never had a chance and were baked in falsehoods.  That is our pensions system here.

So to summarize: the metrics used by the GAO are wrong that Illinois citizens pay $20 billion more per year in taxes to Fed than they receive. And since IL politicians lied, IL citizens do not deserve any assistance from the Federal government presuming argument being morale moral hazard then every state would overspend and expect a bailout from Fed government?

Edit:  fixed morale hazard to moral hazard.  Well that definitely was Freudian.   :D

Previous topic - Next topic