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Illinois Dems' $41 Billion Demand
Includes $10 Billion Pension Bailout
That Has Nothing To Do With Coronavirus

Original Article

Posted By: Pluperfect, 4/20/2020 4:19:00 AM

Illinois Democrats are demanding $41 billion from the federal government for coronavirus relief, including $10 billion for Illinois's cash-strapped and underfunded public pension plan. The most fiscally mismanaged state in the union that has criminally neglected funding its public pension fund for two decades wants Washington to pull its chestnuts out of the fire? Certainly, states should get something. But what Illinois is asking for is shocking. Chicago Sun-Times: “I realize I’ve asked for a lot, but this is an unprecedented situation, and we face the reality that there likely will be additional, unanticipated costs that could result in future requests for assistance,”

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Reply 1 - Posted by: watashiyo 4/20/2020 4:27:34 AM (No. 385090)
Mathematically, Illinois's underfunded pension system was doomed for failure from a dozen years ago. Blame the union gangsters and the corrupt politician's deal with the devil.
57 people like this.

Reply 2 - Posted by: ladydawgfan 4/20/2020 4:54:33 AM (No. 385098)
I believe the "Pottery Barn Rule" is in effect here - "You broke it, you bought it!" I live in Florida. Before that, I lived in Vermont. My tax dollars have absolutely NOTHING to do with Illinois' public union pensions. Complain to those who mismanaged the funds in the first place. It is decidedly NOT a federal issue!!
67 people like this.

Reply 3 - Posted by: bigken2 4/20/2020 5:57:23 AM (No. 385113)
this is what democrat rule looks like dems are so dam evil and corrupt left there 2 years ago hate it every time i go back to see family tell them to get out
33 people like this.

Reply 4 - Posted by: judy 4/20/2020 6:03:56 AM (No. 385115)
Do the democrat governors really think the feds will bail them out of the mess they had prior to the virus? Do they realize each day they keep their states closed they are not collecting sales tax, gasoline tax, paying out unemployment benefits, people are losing health insurance..the politicians & government employees continue to receive their pay while others are really suffering.
40 people like this.

Reply 5 - Posted by: GO3 4/20/2020 6:56:56 AM (No. 385137)
Yes, they expect the rest of us taxpayers to cough up (virus lingo) the funds because, well, we're all in this together, right?
31 people like this.

Reply 6 - Posted by: wilarrbie 4/20/2020 7:16:54 AM (No. 385141)
As a former Illinois resident, born in Chicago, lived in and near for the first 45 years of my life, I can say when we left it became easier to see the corruptions - like stepping out of a forest to get a better look at the trees. When the pols sit down with the unions to discuss things like exorbitant pension plans - it was the pols job to REPRESENT ALL the people of the state - you know, the one's who's STATE tax dollars would be paying those exorbitant pensions. But pensions are 'future' problems, and what was needed at the 'now' was union votes. The powerful Dem pol machine got all the Quo, and left the Quid for taxpayers to cover at some future day. Well, that day has been looming for decades and now they want to foist it all on the Feds (all of us in other states) to cover. The Feds should say what the pols did not, which led to this problem in the first place: "NO. Not just plain No, but Hell NO". It's not my promise to keep, even if that means you'll have to break YOUR promise. Lesson never learned: Don't give what you ain't got and then expect others to cover for you. Teachers, police and fire fighters work hard and deserve much - but not more than what is available.
41 people like this.

Reply 7 - Posted by: Daisymay 4/20/2020 7:34:58 AM (No. 385149)
Yeah,, Your wish for some "Unencumbered dollars" is not going to come true! I was born and raised in the Chicago western Burbs and I saw first hand how corrupt the Dems in Chicago, who ran the whole state, were! I left there in 1995, but all of my children and their families are still there. Still paying outrageous taxes and some still voting for the corrupt Democrats. But, you can't tell a Democrat anything, so I've quit trying! What I will say is, I live in Florida and i have no desire to fund the Crooks in Illinois! I would bet most of the country agrees with me!
46 people like this.

Reply 8 - Posted by: jacksin5 4/20/2020 7:41:47 AM (No. 385155)
Who didn't see this coming. The Dem controlled states are banding together to threaten their citizens, if there's no bailout, states will remain closed for business. They were virtually bankrupt before Covid, now they demand Uncle Sugar refinance all their bad decisions.
27 people like this.

Reply 9 - Posted by: TCloud 4/20/2020 7:45:26 AM (No. 385159)
Why not raise Legal Pot Taxes 500% just saying?
14 people like this.

Reply 10 - Posted by: Strike3 4/20/2020 8:09:02 AM (No. 385176)
California will be next with their demands. The federal government did not demand the destructive shutdown rules that some states democrat governors have implemented so why are US Taxpayers funding any of it? Stimulus is not needed if the businesses could have stayed open. It's bad enough that we have to pay Congress for doing nothing. I like Illinois' concern about "future unanticipated costs." Those will arise immediately if we are gullible enough to finance their decades of mafia rule. Taxpayers have been fleeing Illinois in droves so the problem has existed long before 2020.
23 people like this.

Reply 11 - Posted by: hughglass 4/20/2020 8:16:28 AM (No. 385186)
JB the Hutt in Springfield Lori the Lemur in Chicago Not Funny
10 people like this.

Reply 12 - Posted by: udanja99 4/20/2020 8:17:35 AM (No. 385189)
It’s all part of the plan, #4. Cloward Piven - overwhelm the system in order to usher in socialism.
22 people like this.

Reply 13 - Posted by: CaptainLibra 4/20/2020 8:33:18 AM (No. 385212)
Why do Democrats always "demand" things? I never hear Republicans doing so.
16 people like this.

Reply 14 - Posted by: Paperpuncher 4/20/2020 8:35:36 AM (No. 385214)
The only fair way to take care of Illinois fiscal mess if in Federal Bankruptcy Court. No where else. If a business goes bankrupt that is where they go. As far as pensions are concerned, most of us do not have one. We have to save money through our working lives to pay for our retirement ourselves. Don't take my hard earned savings to pay for some lazy a-- government employee's fat pension. This shall not stand!
22 people like this.

Reply 15 - Posted by: msjena 4/20/2020 8:37:23 AM (No. 385216)
This, after the governor, on a daily basis, blames the federal government (Trump) for his failings.
18 people like this.

Reply 16 - Posted by: franq 4/20/2020 8:41:16 AM (No. 385220)
Spend all ya want, we'll print more.®
3 people like this.

Reply 17 - Posted by: msjena 4/20/2020 8:41:49 AM (No. 385223)
^^Pritzker’s daily TDS is the reason the Senate President has been tasked with asking for the money.
4 people like this.

Reply 18 - Posted by: 3D-Chess 4/20/2020 8:44:33 AM (No. 385228)
Didn't Obama's $850 billion stimulus money end up funding pension plans and liberal cities. Its the democrat way.
10 people like this.

Reply 19 - Posted by: janjan 4/20/2020 8:44:45 AM (No. 385229)
There is that word ‘demand’ again. It won’t play well in the Trump Administration. I’m trying to feel bad for the cops, firefighters and teachers. They are probably going to get cheated out of their pensions. But they will be ripped off by the very people they voted into office and even now continue to support. And they are still loyal to the unions that helped make it happen. They’re on their own.
19 people like this.

Reply 20 - Posted by: Kafka2 4/20/2020 8:57:12 AM (No. 385240)
When state governments pull this, they should be forced to justify every dime is to Coronavirus relief before they get that dime. This is extortion.
11 people like this.

Reply 21 - Posted by: MDConservative 4/20/2020 9:12:21 AM (No. 385254)
The true purpose of the hysteria is slowly seeping through. Politicians will not waste a crisis. And while the proles whine about a Democrat "demand" for $10 billion, the "bi-partisan" whizzing of $2 TRILLION is just fine with them. All going to the right places and spent for the greater glory of the USA! Would anyone like another slice of government "stimulus" cheese with that?
6 people like this.

Reply 22 - Posted by: Dodge Boy 4/20/2020 9:18:52 AM (No. 385264)
The Illinois dims' "demand" is all part of the setup to usher in the Aftershock. Pension funds are significantly underwater and obligations greatly exceed assets given the market drop. I would strongly urge everyone to start taking steps to protect yourself financially, preserve your wealth, and get clear of all of your debts. If you have a variable rate mortgage, get out of it now. If you live in an urban area, consider rural living.
8 people like this.

Reply 23 - Posted by: Bona Fides 4/20/2020 9:27:27 AM (No. 385279)
Only two decades?
2 people like this.

Reply 24 - Posted by: marbles 4/20/2020 9:28:58 AM (No. 385282)
When you spend more than you take in it leads to economic disaster. Basic math. The federal government is not responsible for your mismanagement. Deal with it.
10 people like this.

Reply 25 - Posted by: Krause 4/20/2020 9:43:29 AM (No. 385309)
They always want fed money to correct their previous terribly poor governance mistakes.
8 people like this.

Reply 26 - Posted by: MickTurn 4/20/2020 10:07:56 AM (No. 385349)
Advice for Democrats...Demand in one hand, crap in the other, see which you get first.
8 people like this.

Reply 27 - Posted by: Red Ghost 4/20/2020 10:54:56 AM (No. 385424)
Mayor of Chicago, Rahm Emanuel: "Never let a good crisis go to waste." And there you have it.
4 people like this.

Reply 28 - Posted by: BigGeorgeTX 4/20/2020 10:59:55 AM (No. 385439)
It costs money to run the Democrat machine in Chicago.
6 people like this.

Reply 29 - Posted by: bighambone 4/20/2020 11:03:02 AM (No. 385447)
Those liberal Democrat States are wasting their time demanding that the federal government bail them out because of the liberal Democrat led incompetence that they have allowed for decades. The reason for that is President Trump has said many times that he is against doing that. The Congressional Republicans would have to be nuts to bail out those liberal Democrat States. Ultimately Trump would veto any such attempt.
5 people like this.

Reply 30 - Posted by: starboard 4/20/2020 11:04:03 AM (No. 385450)
Let them go bust. Consequences work.
6 people like this.

Reply 31 - Posted by: cor-vet 4/20/2020 11:20:45 AM (No. 385477)
I pretty much funded my pension working in the private sector, with payroll deductions and stock purchases. My retirement health plan has changed from what I was originally told it would be. That's life. The former employer has been pretty good, but every private business has its ups and downs, the oil industry included. The former government employees run to lawyers and sue if there's even a whisper about any change in their benefits or their contributing.
3 people like this.

Reply 32 - Posted by: JediJerry 4/20/2020 12:13:44 PM (No. 385562)
NY and CA are next in line for the pork barrel bailout. As the old saying goes not my pig not my farm. The state's financial incompetence and mismanagement problems are not the problems of the federal government and responsibility of the taxpayers. You messed it up you fix it. E I E I OOOO.
3 people like this.

Reply 33 - Posted by: ronniethek 4/20/2020 12:27:18 PM (No. 385580)
Hey Pritzker you schmuck-write a check from Hyatt. The Feds will NOT bail out your sorry toochis.
3 people like this.

Reply 34 - Posted by: bobmadison 4/20/2020 12:35:43 PM (No. 385594)
Isn't that similar to Pres. Obama's auto bailout scheme? Millions and millions went to the auto workers pension fund. Truer now than ever: "We have the best politicians $$$$$ can buy."
3 people like this.

Reply 35 - Posted by: bobmadison 4/20/2020 12:40:58 PM (No. 385603)
I recall NJ Gov.Chris Christie saying something like, "Finally, the people have someone representing them when the unions and the politicians sit down to renegotiate the GOVERNMENT workers contracts. Can you imagine being a fly on the wall when the Chicago pols and the unions sit down to gouge the people for 3 or 4 more years?
3 people like this.

Reply 36 - Posted by: Gruntmedic 4/20/2020 12:42:04 PM (No. 385606)
F off
3 people like this.

Reply 37 - Posted by: RedWhite&Blue2 4/20/2020 1:18:25 PM (No. 385668)
NO! Now go to your room!
2 people like this.

Reply 38 - Posted by: Omen55 4/20/2020 3:16:41 PM (No. 385761)
Oh Hell No!
0 people like this.

Reply 39 - Posted by: Jane E 4/20/2020 3:34:40 PM (No. 385773)
If federal taxpayer dollars go to bail Illinois out of its fiscal mess we should declare it bankrupt and a failed state. Then it should be split up- the northern part of Illinois could become part of Wisconsin, then the remainder could be split with Indiana and Iowa. Illinois would cease to exist, and all of the Illinois politicians would be out of power.
0 people like this.

Reply 40 - Posted by: MickTurn 4/20/2020 3:50:34 PM (No. 385783)
Demothieves have been stealing from us like this forever, time for some REALLY Tough Love...CUT THEM OFF Hey DIMS, Your Mess, YOUR PROBLEM!
1 person likes this.

Reply 41 - Posted by: rsgonner 4/20/2020 4:06:18 PM (No. 385791)
Can't fix stuck on stupid. If the people of IL want relief, stop voting for the corruptocrats.
0 people like this.

Reply 42 - Posted by: Oldenoughtoknowbetter 4/20/2020 4:46:26 PM (No. 385825)
The Revolutionary War was fought against Briton because they wanted to tax the colonies to help pay for the English wars. Why should a responsible state via the Federal Govt pay for the corrupt politicians mess in another state ... unions, illegals, etc? It depletes the responsible state's funds while rewards the corrupt states coffers.
0 people like this.

Reply 43 - Posted by: Starboard_side 4/20/2020 5:16:55 PM (No. 385852)
Ah, the shakedown. The game is to enrich the public employee unions with above-average salaries, very generous benefits, and a public pension that's far-above social security (many still complain they don't collect SS). It's how they've been able to ensure a reliable voting block, and why judges (part of the system) don't change or alter the system either. What many don't realize, but the Dem politicians do, is that pension obligations are FIRST priority in State spending, which means if their fund isn't performing, they need to use General Funds to supplement the short-fall. Only then, are they allowed to spend what's left of the General Fund on other programs which includes teachers, police and firefighters just to name a few. But, if they bailout the public employee union pension funds (remember they too have been hit by the stock decline), it should be coupled with a tax cut since it won't require as much contribution from the regular State funding revenues. However, don't count on such a plan, as they've likely all spent the money they don't have already.
1 person likes this.

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Posted by Harlowe 4/20/2020 3:28:30 PM Post Reply
A fired-up John Oliver laid into right-wing media on Sunday, excoriating Rush Limbaugh and Fox News hosts for continuing to downplay the coronavirus pandemic--and blaming them for the recent string of protests against stay-at-home orders and social distancing measures. (Snip) It wasn't just Limbaugh who had Oliver incensed on Sunday. The host also criticized Fox News hosts for continuing to downplay the number of coronavirus deaths in America (a number that has now topped 41,000), citing numerous examples from the likes of Sean Hannity, Jesse Watters, and Tucker Carlson.
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