"Hail to thee, blithe Spirit! Bird thou never wert, That from Heaven, or near it, Pourest thy full heart In profuse strains of unpremeditated art."
The kind of justice that is so frequently mentioned by Catholic prelates and other preachers.
“I am certain that nothing has done so much
to destroy the juridical safeguards of individual freedom
as the striving after this mirage of social justice.”
When is the last time any of us heard a sermon about political freedom? It’s just not high in preachers’ priorities. They are timid about it.
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Bruce Rauner Statement on Pension Vote: [boldface and bracketed material added]
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$250,000 more from big-time conservative business man.
The other three scramble.
Democrats in Illinois have dug a $100 billion pension hole, and now they want Republicans to rescue them by voting for a plan that would merely delay the fiscal reckoning while helping to re-elect Governor Pat Quinn. The cuckolded GOP seems happy to oblige on this quarter-baked reform.
Dems may be fiscally feckless and reckless, but they know a patsy when they see one.
Trickle-down religion. [Link is fixed]
. . . the goofy lefty pollster that once had Barack Obama leading Rick Perry in Texassays Illinois governors race is winnable for the Republicans.
Illinois. One of the states that Barack Obama calls home.
From the goofy left pollster, PPP (Public Policy Polling):
Only 34% of voters approve of the job Quinn is doing to 60% who disapprove. That ties him for the third most unpopular Governor in the country. Thats actually an improvement for Quinn though- his numbers are up from a 25/64 approval spread a year ago at this time, which had made him the most unpopular Governor anywhere. Hes seen a little bit of improvement with Democrats, Republicans, and independents alike.
Specifically,
In match ups with his potential GOP foes Quinn leads Bruce Rauner 41/38, trails Dan Rutherford 41/39, and ties both Bill Brady and Kirk Dillard at 41% and…
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Crain’s Chi Business’s Greg Hinz has details, ” from multiple sources in both chambers, and from both sides of the aisle”:
The big savings projected to total about $160 billion over 30 years would come from reduced annual cost-of-living adjustments (or COLAs, as they’re generally known). Right now, everyone in the state funds gets a flat 3 percent a year, compounded.
Under the proposed new formula, the COLA only would apply to one’s years on the government job, times $1,000. That means, for instance, that a 25-year government veteran would get a 3 percent annual COLA only on the first $25,000 of their pension, even if the total pension was $50,000. That employee would get no COLA on that second 25-grand.
More on that . . .
Then retirement age:
Another savings would come from raising the retirement age. Those workers who are at least 45 years old would see no change. But younger workers would gradually have to work up to five years longer to start receiving their pension. (In some plans, you can retire as young as 58.)
In exchange, workers would contribute 1 percentage point less of their salary toward their retirement than what they pay now. Rates now range from 6 or 7 percent to 11 or 12 percent, depending on the specific pension fund.
Plus details . . .
With expected results:
If it works as described, taxpayers would save $160 billion or so over the next three decades and the pension systems would become fully funded.
Unions expected to “put up quite a fight next week” in special session Dec. 3. But Mayor Rahm and Gov. P-Quinn like it a lot. Full details to be announced Friday. Rather exemplary hard work by Hinz here.
