- Vagitarian Apr 23, 2020 at 09:13: PM
Vagitarian
Well-Known Member
Isn't that what the Trumpet did in Atlantic City? LMFAO...………. 
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Moscow Mitch sez states can just declare bankruptcy
- Thread starter Vagitarian
- Start date
Isn't that what the Trumpet did in Atlantic City? LMFAO...……….
Ditch Mitch !
- Vagitarian Apr 24, 2020 at 01:01: PM
Vagitarian
Well-Known Member
Fail!
He took multiple BKs in Cripple Creek and Atlantic City.
Isn't that what the Trumpet did in Atlantic City? LMFAO...……….
Most stated have been bankrupt for years. NY and CA the longest. They want their bailouts to cover their fiscal, social, etc. mismanagement. This is nothing new.
Mitch is right. Printing more funny money only prolongs the inevitable.
- Vagitarian Apr 27, 2020 at 02:41: AM
Vagitarian
Well-Known Member
Wrong. Figures on Nov 20, 2019 show California's budget continuing to be in a good position. It's estimated that the state legislature will have a $7 billion surplus available to allocate in the upcoming budget process, and in addition, will build an $18. 3 billion balance in the state's rainy day fund by the end of 2020‑21.
As far as Moscow Mitch goes? Good luck on that re-election Mitch.
NY and CAL most likely fund the opiod addiction recovery clinics in Kentucky.
You’re always an easy foiled dupe!Wrong. Figures on Nov 20, 2019 show California's budget continuing to be in a good position. It's estimated that the state legislature will have a $7 billion surplus available to allocate in the upcoming budget process, and in addition, will build an $18. 3 billion balance in the state's rainy day fund by the end of 2020‑21.
As far as Moscow Mitch goes? Good luck on that re-election Mitch.
Far likelier the other way round! Sorry to burst your bubble!
7 billion? 18.3 billion? Even if true they’re pathetically small numbers compared to these! CA likely the worst run state in the nation!Wrong. Figures on Nov 20, 2019 show California's budget continuing to be in a good position. It's estimated that the state legislature will have a $7 billion surplus available to allocate in the upcoming budget process, and in addition, will build an $18. 3 billion balance in the state's rainy day fund by the end of 2020‑21.
As far as Moscow Mitch goes? Good luck on that re-election Mitch.
Read it and weep, idiot boy!
- Pensions. Between the two pension systems, the state’s pension unfunded liabilities are estimated to total $93.1 billion ($59.7 billion at CalPERS for state employee pensions and $33.4 billion at CalSTRS for teachers’ pensions). These pension unfunded liabilities largely are due to (1) historical contributions being below recommended amounts, (2) past actual investment returns being lower than actuaries assumed, and (3) changes to actuarial assumptions (for example, assuming that people will live longer and that the system’s investment returns will be lower in the future).
- Retiree Health. Whereas the state has prefunded pension benefits for many decades, the state only recently began setting money aside to prefund retiree health benefits. Actuaries estimate that the state has only $874.3 million in assets for a liability of $86.5 billion—meaning the state has an unfunded retiree health liability of $85.6 billion.
Here’s more factual info for V to choke on! Enjoy!
CA ranked 42 out of 50 in fiscal health! No wonder it has THE LOWEST quality of life in the nation!
CA ranked 42 out of 50 in fiscal health! No wonder it has THE LOWEST quality of life in the nation!
- Vagitarian Apr 27, 2020 at 05:49: PM
Vagitarian
Well-Known Member
Nice fantasy - source please?7 billion? 18.3 billion? Even if true they’re pathetically small numbers compared to these! CA likely the worst run state in the nation!
Read it and weep, idiot boy!
- Pensions. Between the two pension systems, the state’s pension unfunded liabilities are estimated to total $93.1 billion ($59.7 billion at CalPERS for state employee pensions and $33.4 billion at CalSTRS for teachers’ pensions). These pension unfunded liabilities largely are due to (1) historical contributions being below recommended amounts, (2) past actual investment returns being lower than actuaries assumed, and (3) changes to actuarial assumptions (for example, assuming that people will live longer and that the system’s investment returns will be lower in the future).
- Retiree Health. Whereas the state has prefunded pension benefits for many decades, the state only recently began setting money aside to prefund retiree health benefits. Actuaries estimate that the state has only $874.3 million in assets for a liability of $86.5 billion—meaning the state has an unfunded retiree health liability of $85.6 billion.
- Vagitarian Apr 27, 2020 at 05:51: PM
Vagitarian
Well-Known Member
Here’s more factual info for V to choke on! Enjoy!
CA ranked 42 out of 50 in fiscal health! No wonder it has THE LOWEST quality of life in the nation!
And your state is? Oh yeah, too ashamed to name it - LMFAO!!!
One of the 49 that has a better quality of life than the dump you live in does! And I know that really chaps you and I love it!And your state is? Oh yeah, too ashamed to name it - LMFAO!!!
No, nice fact! I’ve provided this before! One of the things I love about you is you’re too stupid to ever learn from your mistakes and keep fighting and losing the same arguments repeatedly!Nice fantasy - source please?
Enjoy!
https://www.mercatus.org/publications/42-ranking-states-fiscal-condition-california
7 billion? 18.3 billion? Even if true they’re pathetically small numbers compared to these! CA likely the worst run state in the nation!
Read it and weep, idiot boy!
- Pensions. Between the two pension systems, the state’s pension unfunded liabilities are estimated to total $93.1 billion ($59.7 billion at CalPERS for state employee pensions and $33.4 billion at CalSTRS for teachers’ pensions). These pension unfunded liabilities largely are due to (1) historical contributions being below recommended amounts, (2) past actual investment returns being lower than actuaries assumed, and (3) changes to actuarial assumptions (for example, assuming that people will live longer and that the system’s investment returns will be lower in the future).
- Retiree Health. Whereas the state has prefunded pension benefits for many decades, the state only recently began setting money aside to prefund retiree health benefits. Actuaries estimate that the state has only $874.3 million in assets for a liability of $86.5 billion—meaning the state has an unfunded retiree health liability of $85.6 billion.
Bingo! Why should taxpayers bail out these shitholes? Their not third world countries..... yet.
It has more to do with corruption and fraud than true “mismanagement “
The Democrats couldn’t run a lemonade stand.
Don’t let them off the hook so easily. They’re ignoramuses concerning economic and financial matters. On top of that is the fact that they’re jackbooted thugs when it comes to social issues and individual freedom - they only want to allow speech and behavior that they ie the state permits. That’s why I’ve repeatedly and accurately told V that he lives under tyranny, but he’s too stupid and short-sighted to realize it. Because the tyranny isn’t goring any of his oxen at the time, he’s utterly unconcerned that his fellow citizens are being tyrannized by the state. His comeback is always a pretty picture and babbling about nice weather like this substitutes for being a free person!
It's They're not their you right wing intellectual.
I’m sure he’ll accept your concession seeing as how that’s exactly what you did by running from the point of his post to trying to play school marm. This is a political board, not a spelling and grammar exam.