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beachbum bob

(10,437 posts)
7. Illinois finances has been a mess for 30 plus years as govenors of both parties and the
Mon Jul 3, 2017, 11:02 AM
Jul 2017

legislature has viewed the pension monies as their own personal slush fund and redirect the "states contribution" as well as the payroll deductions from state workers paychecks to pay for state programs and services and they "wrote IOUs to the pension funds...This was all done to avoid RAISING OUR STATE INCOME TAX...as with most politicians, they are cowards at heart and only care bout their own survival. So 30+ years later we have what we have. Rauner's actions are 2 fold.....profit for sure with junk bond status AND place Illinois into such dire financial state that the constitutional protection of public worker pensions (state workers, teachers, etc) can be removed by calling a special constitutional convention or place on the state ballot as referendum. The hate of protected pensions runs deep in conservative world, doesn't matter if they were earned and workers monies were contribute or not. The conservative disrespect of americans who worked in the public sector is disgusting.

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