They are coming for Our Pensions FU Atlantic Report & Mitch

[saturn4147]

yeah the Pensions are the problem. Jealous POS

And Moscow Mitch is a Hypocrite. As Coumo points out Kentucky takeS more than they have ever contributed to the federal till.  Who is really getting bailed out year after year? Stop taking all federal dollars that youR state has not contributed Mitch

[Libwithaclue]

How much money have we already given to the states to fight coronavirus? Plenty.

Look at all the money we pumped into New York and California. Hospitals, ventilators and other supplies. Military hospital ships and military personnel. How much does all that cost?

Sorry but when you have Blue states that declare that illegal aliens are worth more than Americans you can go "F' yourself.

Liberals Resurrect Myth That Blue States Subsidize Red States
by Matt PalumboPosted: April 23, 2020


As state and local budgets are strained resulting from the coronavirus pandemic, many state leaders are calling for a bailout from the federal government, which Mitch McConnell has made clear the Senate has no interest in giving them.

And many Republicans have made it clear just how unfair such bailouts would be. After all, why should the taxpayers in states with the best fiscal condition (all of which are red states, by the way) have to subsidize bailouts for those who’ve racked up hundreds of billions in debt, such as New York and California?

Countering those concerns, some leftists have resurrected the myth that it’s actually red states that are “welfare queens.” While this represents a pivot from the original argument (which is over states in better fiscal condition subsidizing those in worse), it is relevant, as it would imply that perhaps the reason red states are in better fiscal condition is because the federal government has been giving them an assist.

And it would be false.

In my 2019 book Debunk This!, I analyzed a similar argument from two angles; that Republicans themselves were more likely to be moochers, and that red states as a whole are. To quote directly from the book:

It is first important to remember that states are not people. It’s entirely possible for the following facts to be true simultaneously; that red states receive more in federal welfare, but Republicans themselves don’t. A Maxwell Poll on the political affiliation of those in public assistance would indicate as much:

Similarly, an NPR study of the long-term unemployed found that 72 percent favor Democrats, who are all likely to be receiving benefits.

The only exceptions would be Medicare and Social Security, which are often included in the calculations of federal money going to red states (as opposed to just including traditional welfare programs). And indeed, this would skew the stats when it comes to federal dollars coming to red states. Recipients of those programs are disproportionately Republican, but this is a program 100% of people will eventually be eligible for, and it’s one received after paying into it over a lifetime, so it feels misleading at best to include, regardless of what you think about the programs.

But that’s just welfare. People aside, what about the claim that red states as a whole receive more from the government? While it is true that red states tend to have a larger percentage of their budgets subsidized by the federal government than blue states—but only because their budgets are relatively smaller. As The Federalist’s Kyle Sammin notes:

Against a national average of 32.62% [of a state’s budget] being federally subsidized, the blue states received 30.80%. Purple states were almost exactly at the national level with 32.92% coming from Washington. Red state budgets averaged 35.75% federal money.

A problem with this metric is that although federal funds make up a larger percentage of red states’ state budgets, the budgets in those states are generally lower overall than those of the free-spending blue states. If, instead of comparing federal funds to state budgets, we look at how much the federal government spends in intergovernmental grants per resident of a state, the results are turned on their heads.

In other words, Sammin points out that because red state budgets tend to be smaller, it would make more sense to look at intergovernmental grants (payments from the federal government to state governments) on a per-capita basis, not as a percentage of state budgets.

Against a national average of $1,935 in intergovernmental spending per American, red states receive just $1,879. Blue states get considerably more, at $2,124 per resident. Purple states see the least of their money returned to them per capita, at just $1,770.

States Population InterGov. InterGov. Per Capita
Total Red State 96,086,631 $180,551,551,000 $1,879
Total Purple State 77,676,459 $137,532,631,000 $1,771
Total Blue State 134,982,448 $286,776,111,000 $2,125
Grand Total 312,471,695 $604,860,293,000 $1,936

[Blue Trumpet]

Believing anything coming out of Cuomo's lying mouth is insane. Democrats hate McConnell with the heat of a billion exploding supernovas. Anything Cuomo has to say about Cocaine Mitch has as much credibility as taking advice from blowfly maggots squirming in a steaming pile of dog shit.

If not for McConnell stomping on Merrick Garland's Supreme Court nomination, that open seat wouldn't have been the factor that swayed fence sitters to vote for Trump in 2016. Hillary Clinton would have won the election. Democrats know this and it eats away at them like those blowfly maggots.

Currently, McConnell is doing the Lord's work by rapidly filling federal court vacancies with young, ideologically conservative justices, who will influence the federal court system for a generation. Democrats hate this and call it 'packing the courts', when it is literally just filling vacancies that had accumulated. The continuation of this important process is the most important reason to put Trump back in office in 2020.

McConnell should get every medal there is for the work he's done to stymie and reverse the headlong rush into making the US into the socialist dystopia envisioned by the lunatic retards in the Democratic Party.

If you stacked-up the social welfare benefits given to your average New York City 'poor person' versus those given to the average poor person in McConnell's Appalachian Kentucky, it would be obvious who's benefiting more.

[saturn4147]

You guys failed to watch the video and get the point about pensions and no bail out due to fat pensions for public servant millionaires especially those obscene ones over $50k. Immediately any criticism of Mitch’s hypocrisy on the subject is an attack on everything red and a defense of everything blue and throw in illegals while you are at it which has what to do with the video’s subject?

[dustoff262]

With 16 posts to your name, you haven't been around much. The pension posts come around about once a week. Its all doom and gloom and makes people worry and piss themselves. But the NYC police pension is funded about 90% or better and the market will rebound and refill its coffers. Tier 2 guys are shrinking by the month, and we have the best pension of the lot. We also do well because we contribute more than any other pension plan out there. Chicago, Detroit, California have guarantees but no defined pension contributions. They are the ones who are in trouble year after year, with no end in sight.

[Prosay]

There's only two groups that they can blame states' financial woes on: hard-working, predominantly white, civil service workers and their pensions, or Medicaid and welfare recipients.

Who do you think they are going to publicly blame?

It's up to the unions to come out forcefully and set the record straight.

But, in NYC, don't bet on it.

[Blue Trumpet]

States and cities in trouble are the ones who don't properly fund pensions and rely on a pay-as-you-go system.

[rabbit]

F U... ny SHITTY & ny STATE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[realscu]

I have honestly reached the point where i do not care what happens anymore.

I don’t know if it’s a good thing or a bad one.

I don’t care what happens anymore. I’ve accepted I’m just one person in a big world with no say.

[DBLCD]

"Against a national average of $1,935 in intergovernmental spending per American, red states receive just $1,879. Blue states get considerably more, at $2,124 per resident. Purple states see the least of their money returned to them per capita, at just $1,770."

And there you have it.

[realscu]

Was hanging out with an old lieutenant friend of mine the other day. ( yes , fuck social distance).

After chatting with him we both pretty much agreed that worrying will put you in an early grave.

[DBLCD]

Apr 26, 2020 15:48:08 GMT -5 realscu said:

I have honestly reached the point where i do not care what happens anymore.

I don’t know if it’s a good thing or a bad one.

I don’t care what happens anymore. I’ve accepted I’m just one person in a big world with no say.

Not good. We all have a voice and a vote. We have to stick together and support our country and President. Just imagine if Hillary had won.

[rabbit]

Apr 26, 2020 15:48:08 GMT -5 realscu said:

I have honestly reached the point where i do not care what happens anymore.

I don’t know if it’s a good thing or a bad one.

I don’t care what happens anymore. I’ve accepted I’m just one person in a big world with no say.

You & ALL those you know must understand the Importance of "Your" Vote... that's the main reason shrillary "supposedly" won the majority vote... People get disenfranchised & fail to vote believing that their vote won't matter ... It doesn't matter where you live even a disproportionately demon state like ny... VOTE... IT MATTERS... Both with the the majority vote and also towards the electoral college.

[realscu]

Apr 26, 2020 16:11:06 GMT -5 rabbit said:

Apr 26, 2020 15:48:08 GMT -5 realscu said:

I have honestly reached the point where i do not care what happens anymore.

I don’t know if it’s a good thing or a bad one.

I don’t care what happens anymore. I’ve accepted I’m just one person in a big world with no say.

You & ALL those you know must understand the Importance of "Your" Vote... that's the main reason shrillary "supposedly" won the majority vote... People get disenfranchised & fail to vote believing that their vote won't matter ... It doesn't matter where you live even a disproportionately demon state like ny... VOTE... IT MATTERS... Both with the the majority vote and also towards the electoral college.

I will always vote conservative. My opinion is just based on how I think of things ,but I will always vote conservative.

[PJ807]

Apr 26, 2020 15:05:20 GMT -5 saturn4147 said:

You guys failed to watch the video and get the point about pensions and no bail out due to fat pensions for public servant millionaires especially those obscene ones over $50k. Immediately any criticism of Mitch’s hypocrisy on the subject is an attack on everything red and a defense of everything blue and throw in illegals while you are at it which has what to do with the video’s subject?

Do you honestly think taxpayers (and cops) in Red States where the pensions are FAR less (if they exist at all) should bailout the cops in NYC and LA?

[Elmo334]

Apr 26, 2020 16:26:47 GMT -5 PJ807 said:

Apr 26, 2020 15:05:20 GMT -5 saturn4147 said:

You guys failed to watch the video and get the point about pensions and no bail out due to fat pensions for public servant millionaires especially those obscene ones over $50k. Immediately any criticism of Mitch’s hypocrisy on the subject is an attack on everything red and a defense of everything blue and throw in illegals while you are at it which has what to do with the video’s subject?

Do you honestly think taxpayers (and cops) in Red States where the pensions are FAR less (if they exist at all) should bailout the cops in NYC and LA?

Here is another line we always buy from the left when they want money. I saw DeBlasshole interviewed this morning and he was crying about how the city needs 7 billion in relief and it is about paying for the cops, firemen, emts and healthcare workers. Cuomo said the same the other day. They are both looking to fill their budget gaps on claims we have to be paid but they will give away billions to illegals and welfare and homeless while not giving first responders raises. They are lying to the taxpayers faces.

[Blue Trumpet]

I saw DeBlasshole interviewed this morning and he was crying about how the city needs 7 billion in relief and it is about paying for the cops, firemen, emts and healthcare workers.

Bloomdouche's last budget was $70 billion. Kaiser Wilhelm has blown-that out to a $90 billion dollar budget. Most of which has gone to new patronage programs that throw money at left-wing non-governmental organizations contracted to do mysterious things that can't seem to be tracked. The poster agency for the process is Miss Chirlane's unaccountable ThriveNYC / ThieveNYC vanity program.

Fuck-head should simply adopt Bloomberg's last budget, eliminate all the new bullshit he created. We can give him another $10 billion more to account for post-Bloomberg employee raises and new COVID19 relief work. Now we're at $80 billion, a savings of $10 billion and nobody will even miss the stuff that's gone, because it was all a patronage scam in the first place.

[Harry Callahan]

Cops, firefighters, and teachers don't riot, loot, and burn.

Who do you think Liberals will take from?

[rtrddet2]

Apr 26, 2020 15:48:08 GMT -5 realscu said:

I have honestly reached the point where i do not care what happens anymore.

I don’t know if it’s a good thing or a bad one.

I don’t care what happens anymore. I’ve accepted I’m just one person in a big world with no say.

Agreed.  Worrying about anything on the interwebs is just sure stupidity.

Relax and have a beer.  Real hits the nail on the head.

[Prosay]

In 1975, Abe Beame asked the NYC's Teachers' Union head, Al Shanker, to go along with a loan to the city from the Teachers' Pension Fund (the biggest NYC pension fund). Beame was desperate and went hat-in-hand to Shanker.

Despite the city's desperation (which would get worse), and the beliefs by NYC politicians that the Teachers' union would really have no choice but to say 'yes' to the loan, Shanker said 'NO."  He said 'no' to make a point: the Teachers' Union and their pension would NOT be an "easy mark" nor a push-over for political influence, and to show the membership that the union was not in bed with the politicians.  He eventually OK'd the loan.

Then, again, Beame should have known that Shanker was no push-over from the start.  During Lindsay's first term in 1968, Lindsay, on his own, with no legislation, decided to turn over certain school districts in Brooklyn to the "locals," resulting in a great deal of white, Jewish, teachers being "fired" by the newly formed "school administrators," replaced by "their own kind."    Shanker did what was the only thing he could do: called a citywide strike of teachers, which lasted for 36 days.

During the strike, a reporter said to Shanker that parents were upset that their kids were not going to school.  Shanker's answer was, "When the parents start paying dues, then I'll represent them..."

When Union leadership mattered......

en.wikipedia.org/wiki/New_York_City_teachers%27_strike_of_1968

[behindtheline]

It has been WELL said here that Another line that the Dems have is like what DeBlasshole said this morning and he was crying about how the city needs 7 billion in relief and it is about paying for the cops, firemen, emts and healthcare workers.

Cuomo said the same the other day. They are both looking to fill their budget gaps on claims we have to be paid but they will give away billions to illegals and welfare and homeless while not giving first responders raises. They are lying to the taxpayers faces and 1/2 of the people believe this assclowns. NY was in trouble just like NJ before this virus!

Again WELL said was that Bloomdouche's last budget was $70 billion. Kaiser Wilhelm has blown-that out to a $90 billion dollar budget. Most of which has gone to new patronage programs that throw money at left-wing non-governmental organizations contracted to do mysterious things that can't seem to be tracked. The poster agency for the process is Miss Chirlane's unaccountable ThriveNYC / ThieveNYC vanity program. AND YET THIS DOUCHEBAG JUST THIS MORNING, ANNOUNCED THAT THE UNELECTED WITCH WILL BE IN CHARGE OF THE CORONA TASK FORCE - WTF

Fuck-head should simply adopt Bloomberg's last budget, eliminate all the new bullshit he created. We can give him another $10 billion more to account for post-Bloomberg employee raises and new COVID19 relief work. Now we're at $80 billion, a savings of $10 billion and nobody will even miss the stuff that's gone, because it was all a patronage scam in the first place.

NO ONE SAYS ANYTHING TO INCLUDE THE LEFT LEANING RABID AOC..........

[saturn4147]

Apr 26, 2020 15:13:12 GMT -5 dustoff262 said:

With 16 posts to your name, you haven't been around much. The pension posts come around about once a week. Its all doom and gloom and makes people worry and piss themselves. But the NYC police pension is funded about 90% or better and the market will rebound and refill its coffers. Tier 2 guys are shrinking by the month, and we have the best pension of the lot. We also do well because we contribute more than any other pension plan out there. Chicago, Detroit, California have guarantees but no defined pension contributions. They are the ones who are in trouble year after year, with no end in sight.

Doc, i know i am the rookie here but i tell you that your position is one of complacency. Yes i agree with you on the police pension fund, it is well funded.

But consider this, In the 1970s when the city was broke, they sold their shitty junk bonds to the pension funds. How ? they got permission from the US Congress. These are IOUs that may or may not get paid back. Thankfully they have paid it back but what is to stop them from selling the fund those crappy funds again? And what if the city goes bankrupt and reneges on its bond debt? Yes i know pensions are protected by NYS constitution but what if the fund can only give you 75 cents on the dollar because of the city’s debt that they are not servicing?

The city is also in dire straights right now and will say it has a hard time paying our $12k defined payment. What do you think they will cut first? Their aid to the masses or our check? What happens if they declare bankruptcy? Do we get in line for Dec check?

Another shortfall in the Billions is healthcare for retirees. That can go at any time. Guess we can all sign up for Obamacare if that happens using pension money is that not a pension reduction?

Our so called fat pensions, so called Christmas bonus and retiree health benefits are on the line not in the immediate future but if we kick back and just rely on the current good financial health of the police pension fund we could be in for a rude awakening.

www.bondbuyer.com/news/how-new-york-city-pension-funds-are-vulnerable-to-coronavirus-hit

[saturn4147]

Apr 26, 2020 16:26:47 GMT -5 PJ807 said:

Apr 26, 2020 15:05:20 GMT -5 saturn4147 said:

You guys failed to watch the video and get the point about pensions and no bail out due to fat pensions for public servant millionaires especially those obscene ones over $50k. Immediately any criticism of Mitch’s hypocrisy on the subject is an attack on everything red and a defense of everything blue and throw in illegals while you are at it which has what to do with the video’s subject?

Do you honestly think taxpayers (and cops) in Red States where the pensions are FAR less (if they exist at all) should bailout the cops in NYC and LA?

What gave you the impression that is what i think?

That video argues that any bail outs are for fat pensions and not all the freebies, i know better.

And the fact is that Mitch’s state gets more from the federal pot than what they contribute while NY gets less. Go ahead do your own research. I believe that is hypocritical on Mitch’s part. If your stare is the one on the dole then Do not criticize others

[PJ807]

Apr 26, 2020 18:26:00 GMT -5 saturn4147 said:

Apr 26, 2020 16:26:47 GMT -5 PJ807 said:

Do you honestly think taxpayers (and cops) in Red States where the pensions are FAR less (if they exist at all) should bailout the cops in NYC and LA?

What gave you the impression that is what i think?

That video argues that any bail outs are for fat pensions and not all the freebies, i know better.

And the fact is that Mitch’s state gets more from the federal pot than what they contribute while NY gets less. Go ahead do your own research. I believe that is hypocritical on Mitch’s part. If your stare is the one on the dole then Do not criticize others

The pension obligations are part of a state's expenses. Any state asking for a bailout will be scrutinized if their pensions are more generous than most other states. The result would be taxpayers and cops who don't have those pensions, or any pension at all, bailing out other state's pensioners.

[dinosaur32]

As long as NYC has taxing authority, it’s first obligation will be to use tax collections to fund the pensions. All else comes behind the pensions. Same goes for NYS.