The ponzi scheme begins to collapse.
One of the worst places in America.
Similar to Gary, Indiana.
Just wait for these vaunted "public safety" hero fire fighters to go around starting fires. This is how government employees behave. They've done this before.
A rational person, given a choice of terminating a firefighter or a mere politician would instantly choose the person of no worth.
But, instead, the firefighter gets the axe. Methinks firefighters should have a rule: we protect real people, buttwipes can fight there friggin’ fires themselves.
In the Army we were told where to find sympathy, in the dictionary right between sh!t and syphilis.
These pensions were put in place under local and state schemes, the Federal Government has no responsibility to bail out these pie in the sky vote buying schemes.
East St. Louis is the anus of Illinois.
L
The 1990s??.....Now truthfully.....Who could have ever seen this coming......./s
Murder rate E Stl in 2017 => 111/100k population.
Chhicago in 2017 => 24/100k.
In the old days, you put in your time, then retired at half-pay. By then your home was paid off, and your kids were - hopefully - out on their own.
But then the local governments started using crazy multiplier formulas to determine pensions. So now it is very common for an employee to retire at full pay, or even more.
And to make things even more interesting, most state constitutions prohibit reducing public pensions. So its either change the state constitutions, or...heck, I don’t know what.
All the useless gov workers to lay off, and they layoff firefighters.
I’m betting those in six figured admin positions are just fine.
I grew up near there and remember when it had 70,000 people and, although it had problems, it was at least functional. My first job in 1973 was in downtown East St. louis. My father bought two new cars from a downtown dealer, both times in the evening after he got off from work. We always drove through ESL to go to and from places north of it. Decades of corrupt government, mismanagement, loss of business and industry, growing crime, and welfare state dependency did it in. Some years ago a man was injured on city property. He sued and, because the city didn’t have insurance or the money to pay him, the court awarded him the deed to city hall.
East St Louis is 98 percent black and has the highest murder rate in the USA.
“In 2013, the per capita homicide rate in East St. Louis was about 18 times the national average,[32] and had the highest homicide rate of any city in the United States”
https://en.wikipedia.org/wiki/East_St._Louis,_Illinois
The best thing that could happen to East St. LOUIS is if it burned down.
Save nine million by laying off nine firefighters?
Bump
Thanks, ‘Rats.
Chicago has 420 billion dollars in long-term debt...
the old farts get the fat pension and the tax payers pay increasingly odorous taxes to support the fat pensions....
if the people on fat pensions want the young workers and the tax payers to suffer, they've accomplished it...
http://www.freerepublic.com/focus/f-news/3782158/posts
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CAGW Names Illinois Gov. J. B. Pritzker September 2019 Porker of the Month
Citizens Against Government Waste ^ | September 2019 | Citizens Against Government Waste
Posted on 9/28/2019, 10:14:46 PM by Tolerance Sucks Rocks
Citizens Against Government Waste (CAGW) named Illinois Governor J. B. Pritzker (D) September 2019 Porker of the Month for signing a $40.1 billion budget without any spending restraints and $1.4 billion in pork-barrel projects.
223.9 billion shortfall, which breaks down to a debt burden of $52,600 per taxpayer. The state has $6 billion in unpaid bills and the lowest credit rating of any state in the country. Its unfunded pension liability tops $130 billion. Illinois taxpayers are so saddled with debt, taxes, corrupt local government, and dwindling middle-class jobs that 157,000 residents have left over the past five years.
Durbin pushes HIB work permits for India workers
http://www.freerepublic.com/focus/f-chat/3786383/posts
Gov OK’s queer equity education
http://www.freerepublic.com/focus/f-news/3786484/posts
fyi