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Posted
15 minutes ago, KRC said:

 

Like Socialists are actually going to read that. They want someone to read it for them.

 

That report is oppressive, misogynistic, and racist. It uses fancy words that the uneducated and illiterate cannot understand, and it is written in English, which discriminates against all of those who speak other languages. It's also so long-winded at 50+ pages that it discriminates against those with ADHD, PTSD, STDs, and SPLCs.

 

That's not even getting into the abject disparagement of Asians, Latin Americans, and Slavs.

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Posted

Politicians’ deceitful promise that nobody has been paying attention to   (looking down the road)

 

Politicians in Connecticut, New Jersey and Illinois are especially irresponsible when it comes to not funding pension plans, but most every municipality has promised more than it will have.

 

What about the $5 trillion in unfunded liabilities?

That’s “a figure that's used by some anti-pension zealots,” replied Kreisberg. “It’s fake news.”

 

But it’s the number (actually, now $6 trillion) you get if you use accounting standards that the federal government demands from private pension plans.

 

https://www.foxnews.com/opinion/politicians-deceitful-promise-that-nobody-has-been-paying-attention-to

Posted
1 minute ago, ALF said:

Politicians’ deceitful promise that nobody has been paying attention to   (looking down the road)

 

Politicians in Connecticut, New Jersey and Illinois are especially irresponsible when it comes to not funding pension plans, but most every municipality has promised more than it will have.

 

What about the $5 trillion in unfunded liabilities?

That’s “a figure that's used by some anti-pension zealots,” replied Kreisberg. “It’s fake news.”

 

But it’s the number (actually, now $6 trillion) you get if you use accounting standards that the federal government demands from private pension plans.

 

https://www.foxnews.com/opinion/politicians-deceitful-promise-that-nobody-has-been-paying-attention-to

 

It is most definitely not fake news.

 

As always, we just ask the government to live by the rules it demands for the private sector.

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Posted
24 minutes ago, GG said:

 

It is most definitely not fake news.

 

As always, we just ask the government to live by the rules it demands for the private sector.

HOW DARE YOU?!!! #FREELUNCHPROGS

Posted
3 hours ago, ALF said:

Politicians’ deceitful promise that nobody has been paying attention to   (looking down the road)

 

Politicians in Connecticut, New Jersey and Illinois are especially irresponsible when it comes to not funding pension plans, but most every municipality has promised more than it will have.

 

What about the $5 trillion in unfunded liabilities?

That’s “a figure that's used by some anti-pension zealots,” replied Kreisberg. “It’s fake news.”

 

But it’s the number (actually, now $6 trillion) you get if you use accounting standards that the federal government demands from private pension plans.

 

https://www.foxnews.com/opinion/politicians-deceitful-promise-that-nobody-has-been-paying-attention-to

 

The pension deficits in both Chicago and the state of Illinois are quite real and becoming desperate.  We elected a Republican Governor here in Illinois and he's been stifled by by the Democrat speaker of of the state house in any effort to reduce state spending or revise the pension plans on a going forward basis.  Instead the dems over-rode the governor and raised taxes (because of course we have to continue state spending increases) and we are about to elect a new dem governor who is running on taxing high income earners more. 

 

Buy votes with other people's money.  Oldest trick in politics. 

Posted
11 minutes ago, keepthefaith said:

 

The pension deficits in both Chicago and the state of Illinois are quite real and becoming desperate.  We elected a Republican Governor here in Illinois and he's been stifled by by the Democrat speaker of of the state house in any effort to reduce state spending or revise the pension plans on a going forward basis.  Instead the dems over-rode the governor and raised taxes (because of course we have to continue state spending increases) and we are about to elect a new dem governor who is running on taxing high income earners more. 

 

Buy votes with other people's money.  Oldest trick in politics. 

I posted several years ago a schedule of Illinois state pensions. There are a shitload of state pensions well over 100k annually with one of them that was a superintendent close to 700k. The same situation exists in California and I'm sure other states. Good luck when theshithitsthefan.

Posted
25 minutes ago, 3rdnlng said:

I posted several years ago a schedule of Illinois state pensions. There are a shitload of state pensions well over 100k annually with one of them that was a superintendent close to 700k. The same situation exists in California and I'm sure other states. Good luck when theshithitsthefan.

 

One of the reasons I'm getting out of this state. CalPERS is a flaming liberal mess. I have no plans to help pick up that tab.

Posted

CAT earnings were hurt by the tariff war. The stock was hit pretty hard and the rest of the market dove down pretty hard. 

 

A stupid trade war war was a big reason. Nice job Trump

Posted
16 minutes ago, Tiberius said:

CAT earnings were hurt by the tariff war. The stock was hit pretty hard and the rest of the market dove down pretty hard. 

 

A stupid trade war war was a big reason. Nice job Trump

yeah, no. CAT was in trouble long before Trump even took office. try again.

Posted

I wonder if a booming economy with infrastructure work will help CAT? The USA will win any trade war with whomever and we'll be in a much better place than before any retaliatory tariffs bring our trading partners to their knees the table.

Posted
7 hours ago, Foxx said:

yeah, no. CAT was in trouble long before Trump even took office. try again.

 

CAT seems to be in trouble every 5 years or so.  

 

I think there's a word for that...  <_<

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Posted
15 hours ago, Foxx said:

yeah, no. CAT was in trouble long before Trump even took office. try again.

Do you know what you are talking about? 

https://www.cnbc.com/2018/10/23/caterpillar-earnings-q3-2018.html

 

Caterpillar drops the most since 2011 after industrial giant says costs are rising from tariffs

  • Caterpillar's stock dove 7.5 percent Tuesday after the company gave disappointing 2018 guidance and management pointed out costs were rising due to tariffs.
  • "Manufacturing costs were higher due to increased material and freight costs. Material costs were higher primarily due to increases in steel prices and tariffs," the company says.
  • The session proved to be CAT's worst day on Wall Street since 2011; the stock is down more than 31 percent from all-time highs clinched in January.
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