Comments on: State of insolvency http://www.dgreport.com/index.php/2009/11/12/state-of-insolvency/ News and Views from Downers Grove Tue, 11 Oct 2011 23:07:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Chad D. Walz http://www.dgreport.com/index.php/2009/11/12/state-of-insolvency/#comment-13474 Chad D. Walz Thu, 19 Nov 2009 19:32:12 +0000 http://www.dgreport.com/?p=5144#comment-13474 I will read it, thanks Earl! I will read it, thanks Earl!

]]> By: Earl McGuire http://www.dgreport.com/index.php/2009/11/12/state-of-insolvency/#comment-13463 Earl McGuire Thu, 19 Nov 2009 12:47:10 +0000 http://www.dgreport.com/?p=5144#comment-13463 If EJ or Mark will allow me to violate the comment policy: no blind link? http://www.illinois.gov/gov/ Governor Pat Quinn's page Lower left middle of page entiled Illinois Pension Modernization Task Force, hit Click Here for more information on the Task Force. Under Public Meetings then please Hit Labor Coalition Proposals (PDF), plus there are other items on this very topic. Thanks to EJ's web site and State Senator Dan Rutherford I am getting a better handle on this "Internet thing." With the open information age in full speed, it would be nice to solve problems rather than keep the debate fueling arguments back to one side and the other. As voters, taxpayers and elected officials let us work on solutions rather than passing the buck on to our grandkids. Typing and talking are cheap, let's do something productive and positive other than buying time until the next election or state budget needs passed. If EJ or Mark will allow me to violate the comment policy: no blind link? http://www.illinois.gov/gov/
Governor Pat Quinn’s page Lower left middle of page entiled Illinois Pension Modernization Task Force, hit Click Here for more information on the Task Force. Under Public Meetings then please Hit Labor Coalition Proposals (PDF), plus there are other items on this very topic. Thanks to EJ’s web site and State Senator Dan Rutherford I am getting a better handle on this “Internet thing.” With the open information age in full speed, it would be nice to solve problems rather than keep the debate fueling arguments back to one side and the other. As voters, taxpayers and elected officials let us work on solutions rather than passing the buck on to our grandkids. Typing and talking are cheap, let’s do something productive and positive other than buying time until the next election or state budget needs passed.

]]> By: Chad D. Walz http://www.dgreport.com/index.php/2009/11/12/state-of-insolvency/#comment-13457 Chad D. Walz Thu, 19 Nov 2009 00:32:02 +0000 http://www.dgreport.com/?p=5144#comment-13457 Earl, Can you produce the link please? I would love to read it. See I am being open minded…about reading the article! :) Thanks. Earl,

Can you produce the link please? I would love to read it. See I am being open minded…about reading the article! :) Thanks.

]]> By: Earl McGuire http://www.dgreport.com/index.php/2009/11/12/state-of-insolvency/#comment-13451 Earl McGuire Wed, 18 Nov 2009 22:17:56 +0000 http://www.dgreport.com/?p=5144#comment-13451 I am glad to see some serious dialogue about the present and future state's fiscal problems. I feel that my views on the Illinois pension problems are not fairly portray by this thread or the local Illinois media. To use the old metaphor “a mind is like a parachute, it only works when it is open." For those with open minds should go to the Governor Quinn's Illinois government web site and see the union proposals on the Illinois Pension Modernization Task Force. The news sources that name in this thread are bias towards Unions and have a history of it. "No gold-plated pensions” is missed portrayed by media just showing the big earners at the top and not the everyday common state worker. In my line of work I will be lucky if I earn more than five years of retirement checks, if I live that long which I highly doubt. Now to be fair my brother-in-law points out to me he does not have a pension and either does 81% of today's current work force. I am glad to see some serious dialogue about the present and future state’s fiscal problems. I feel that my views on the Illinois pension problems are not fairly portray by this thread or the local Illinois media. To use the old metaphor “a mind is like a parachute, it only works when it is open.” For those with open minds should go to the Governor Quinn’s Illinois government web site and see the union proposals on the Illinois Pension Modernization Task Force. The news sources that name in this thread are bias towards Unions and have a history of it.
“No gold-plated pensions” is missed portrayed by media just showing the big earners at the top and not the everyday common state worker. In my line of work I will be lucky if I earn more than five years of retirement checks, if I live that long which I highly doubt. Now to be fair my brother-in-law points out to me he does not have a pension and either does 81% of today’s current work force.

]]> By: Chad D. Walz http://www.dgreport.com/index.php/2009/11/12/state-of-insolvency/#comment-13446 Chad D. Walz Wed, 18 Nov 2009 18:35:33 +0000 http://www.dgreport.com/?p=5144#comment-13446 Good link DG_DA. Pensions are going to have to be reformed or jobs will be lost. There is not sustainable way to keep this raising cost from spiraling out of control. It used to be that these fine public servants would earn a meager salary therefore we needed to take care of them in retirement. That is what the system was designed to do. Now these same public servants are very well compensated as compared to the private sector and retirees are living longer. This is a huge problem. I think the pensions should be part 401k based and part pension based. I think they do deserve some sort of pension but at the current level and government mandate to fund them the country will go broke. Good link DG_DA. Pensions are going to have to be reformed or jobs will be lost. There is not sustainable way to keep this raising cost from spiraling out of control. It used to be that these fine public servants would earn a meager salary therefore we needed to take care of them in retirement. That is what the system was designed to do. Now these same public servants are very well compensated as compared to the private sector and retirees are living longer. This is a huge problem. I think the pensions should be part 401k based and part pension based. I think they do deserve some sort of pension but at the current level and government mandate to fund them the country will go broke.

]]> By: DG_DA http://www.dgreport.com/index.php/2009/11/12/state-of-insolvency/#comment-13444 DG_DA Wed, 18 Nov 2009 17:30:48 +0000 http://www.dgreport.com/?p=5144#comment-13444 More financial stress on the public employee pension front. This link is to a letter in the Tribune yesterday from the mayor of Lincolnwood, IL representing a conference of NW suburban mayors. http://www.chicagotribune.com/news/opinion/chi-1117vplettersbriefs0nov17,0,581026.story More financial stress on the public employee pension front. This link is to a letter in the Tribune yesterday from the mayor of Lincolnwood, IL representing a conference of NW suburban mayors.

http://www.chicagotribune.com/news/opinion/chi-1117vplettersbriefs0nov17,0,581026.story

]]> By: Chad D. Walz http://www.dgreport.com/index.php/2009/11/12/state-of-insolvency/#comment-13379 Chad D. Walz Sun, 15 Nov 2009 19:35:38 +0000 http://www.dgreport.com/?p=5144#comment-13379 So stay in cook county then Ed. Please we would like it that way. So stay in cook county then Ed. Please we would like it that way.

]]> By: Edward Miller http://www.dgreport.com/index.php/2009/11/12/state-of-insolvency/#comment-13377 Edward Miller Sun, 15 Nov 2009 18:01:51 +0000 http://www.dgreport.com/?p=5144#comment-13377 All the wingy FAUX news comments are another reason to avoid spending in DuPAY county, land of the huge property tax bills and bloated payrolls. All the wingy FAUX news comments are another reason to avoid spending in DuPAY county, land of the huge property tax bills and bloated payrolls.

]]> By: Toni http://www.dgreport.com/index.php/2009/11/12/state-of-insolvency/#comment-13374 Toni Sun, 15 Nov 2009 16:14:26 +0000 http://www.dgreport.com/?p=5144#comment-13374 EJ or/and Mark have provided this very thoughtful article and dialogue about Illinois's fiscal problems. I hate to say this but looks like good old fashion Chicago connection politics will take care of a white elephant for Illinois; with the feds purchasing that partially empty state facility in Northwestern Illinois. EJ or/and Mark have provided this very thoughtful article and dialogue about Illinois’s fiscal problems. I hate to say this but looks like good old fashion Chicago connection politics will take care of a white elephant for Illinois; with the feds purchasing that partially empty state facility in Northwestern Illinois.

]]> By: Chad D. Walz http://www.dgreport.com/index.php/2009/11/12/state-of-insolvency/#comment-13373 Chad D. Walz Sun, 15 Nov 2009 04:12:45 +0000 http://www.dgreport.com/?p=5144#comment-13373 The right is the only way Meat. Its obvious. Obummer is wreckin the country. Bush was bad but Obama is the WOrst ever!! The right is the only way Meat. Its obvious. Obummer is wreckin the country. Bush was bad but Obama is the WOrst ever!!

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