|
|
02-24-2011, 02:15 PM
|
#101
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Maybe Rahm Emmanuel can take them off our hands.............
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
02-24-2011, 02:15 PM
|
#102
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
|
Quote:
Originally Posted by BTravlin
Wisconsin can do the same but these legislators have supposedly crossed state lines and are holing up in Chicago. Illinois isn't going to extradite in this matter although I wish they would.
|
I don't know Wisconsin's rules for such a thing, but I know politicians changing parties occurs from time to time. Is there something preventing one Republican from temporarily switching parties and showing up for the vote?
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
|
|
|
02-24-2011, 02:18 PM
|
#103
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
Quote:
Originally Posted by ziggy29
I don't know Wisconsin's rules for such a thing, but I know politicians changing parties occurs from time to time. Is there something preventing one Republican from temporarily switching parties and showing up for the vote?
|
Don't know, but I don't think Walker wants any theatrics, there's enough staging going on to put Broadway to shame..........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
02-24-2011, 02:23 PM
|
#104
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 13,186
|
Quote:
Originally Posted by ziggy29
I don't know Wisconsin's rules for such a thing, but I know politicians changing parties occurs from time to time. Is there something preventing one Republican from temporarily switching parties and showing up for the vote?
|
That isn't the problem Zig..... They don't have the necessary number of legislators in attendance in aggregate to conduct business.
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
|
|
|
02-24-2011, 02:26 PM
|
#105
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
|
Quote:
Originally Posted by BTravlin
Wisconsin can do the same but these legislators have supposedly crossed state lines and are holing up in Chicago. Illinois isn't going to extradite in this matter although I wish they would.
|
Maybe they've pulled the same trick a group of Democrat TX state Senators (AKA "the Killer Bees") did in 1979 when they fled rather than vote on a bill:
Quote:
The senators then revealed that the hiding place that had flummoxed the police was right in Austin, just three miles from the red granite state capitol—as the bee flies.
|
Nation: Flight of the Killer Bees - TIME
__________________
Numbers is hard
|
|
|
02-24-2011, 02:28 PM
|
#106
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 13,186
|
No thanks!
BTW, did you notice in the Chicago mayoral election results that there was no Republican candidate? No Independent? Only Democrats.
When the media announced Emanuel's victory Wednesday morning, they announced in a tone implying he had won out over the "bad guys." Of course, those "bad guys" were Dems. But wait, Rahm is a Dem....... WTF!
At least we Independents benefit in one way from this. When things go to hell, there is no finger pointing about which party is to blame. There is only one party in Chicago. If you like the way something is going, give the Dems credit! If you see something that sucks, blame the Dems! It's their city.
Still, you can have your AWOL legislators back. We have our own problems.
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
|
|
|
02-24-2011, 02:42 PM
|
#107
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,891
|
Quote:
Originally Posted by FinanceDude
I guess the alternative is to lay off teachers. Is it better to get laid off or make concessions on collective bargaining, which brought us to this point in the first place?
|
In our district, the Union decided that teacher layoffs were better than simply agreeing to sit down and consider a pay freeze for a few years. The teachers already had several years of automatic 5% (or 4%, I forget offhand) raises, and the District didn't have money to fund the salary increases for the next year. The District said either we freeze pay or we cut 5% of the classes (to lay off a teacher, they needed to cut the classes - hurting the kids).
Union wouldn't even consider it. And we were talking a few year freeze, not giving up collective bargaining, no pay cuts, no additional payments or anything. And the kids suffered because classes they want to take are cut. And some teachers suffered. Actions like this do nothing to improve the image of Unions in the eyes of the parents who often had to accept pay cuts and/or layoffs in their lives, or in the eyes of students who had a class cut that they wanted to take, or saw their favorite teacher cut. New teachers probably were not very happy either.
-ERD50
|
|
|
02-24-2011, 02:47 PM
|
#108
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 13,186
|
ERD50....
Couldn't they simply raise your real estate taxes? You know, so those rich home owners could "pay their fair share" and not be the cause of the kids getting an inferior education?
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
|
|
|
02-24-2011, 03:07 PM
|
#109
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 26,891
|
Quote:
Originally Posted by youbet
ERD50....
Couldn't they simply raise your real estate taxes? You know, so those rich home owners could "pay their fair share" and not be the cause of the kids getting an inferior education?
|
Heh-heh, I guess they could - well, they do raise my Prop Tax almost every year (typically ~ 5%). To be honest, I don't even know exactly how they set my Prop tax rates. In IL, a high % of school funding is local, so the vast majority of the bill (>80%?) is the school district. I'd have to look, obviously they can't just pass on any expense or there wouldn't be a shortage. I know there are referendums for capital expenditures, operating expenditures might be by referendum also, but there must be some variable element to that.
In the tax thread, there was some discussion about Property Taxes being a flat rate. It is interesting that Property taxes and our IL State tax are flat rates (once you get above the standard deductions). Not sure why these are not also modestly progressive.
Bottom line, would I vote to increase my taxes to provide for automatic salary increases for the teachers in our District? No. If I had the opportunity, I'd vote to make the salaries more open market, so we could pay more (if needed) to get teachers with the qualifications that we might need in certain subject areas, and to save money in areas where supply/demand would allow.
-ERD50
|
|
|
02-24-2011, 03:15 PM
|
#110
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 13,186
|
ERD50.....
Actually a "progressive" real estate tax structure has been discussed in Illinois. Brackets would be set up so that expensive homes would pay a larger percentage of their value in annual real estate taxes than more modest homes. I think it was dropped, for now, because of the recession and housing bust and the lack of a reliable system for estimating home values for taxation purposes on a state wide level.
There was also discussion about our state income tax converting to "progressive." Yet when the gigantic increase was recently put in place, it was just a 67% increase in the existing flat tax. I think the issue there involved trying to determine where the brackets should be. That would have been way, way too complicated for out legislature in Springfield. They only understand simple concepts like graft, patronage, payola, boondoggles, vote tampering and sending non-Machine supporters to sleep with the fish......
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
|
|
|
02-24-2011, 03:26 PM
|
#111
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 13,186
|
You know, thinking about it, Dem vs Dem fights in Illinois are vicious. They're a lot like Family vs Family wars within the Mafia. For example, look at how the Dems attacked fellow Dem Gov Blagojevich.
Perhaps your Dems came down here seeking protection from our Dems and maybe our Dems didn't like them very much since they're cheeseheads and all that. Maybe your Dems won't be coming home, ever. Maybe they're getting some well deserved eternal rest......
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
|
|
|
02-24-2011, 03:49 PM
|
#112
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,241
|
Quote:
Originally Posted by youbet
There's a lot of truth to that GregLee. It's analogous to when a company becomes so successul in business that they force all competition out and then enjoy a monopoly. The gov't is forced to step in and enforce anti-monopoly legislation which is definitely not good for the monopolistic company but does help the public.
Sometimes the reward for being "too good" is getting your legs cut off at the knee. And that's whether you're an extremely successful business that gains a monopolistic situation or an extremely successful union that forces pay and benefits the payers cannot afford.
|
Actually... that is wrong... if a company is too good and becomes a monopoly... the gvmt will not step in unless they use those monopoly powers to keep someone else from getting in....
It is hard for the ones who are big from not trying to squash the competition... so in reality most are gone after by the gvmt... but Microsoft is pretty much a monopoly and has remained so for many years... they usually get a slap on the wrist now and then, but nothing like the AT&T breakup is happening...
|
|
|
02-24-2011, 10:50 PM
|
#113
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2005
Location: Chicago
Posts: 13,186
|
Quote:
Originally Posted by Texas Proud
Actually... that is wrong... if a company is too good and becomes a monopoly... the gvmt will not step in unless they use those monopoly powers to keep someone else from getting in....
It is hard for the ones who are big from not trying to squash the competition... so in reality most are gone after by the gvmt... but Microsoft is pretty much a monopoly and has remained so for many years... they usually get a slap on the wrist now and then, but nothing like the AT&T breakup is happening...
|
Once a company becomes the dominant player easily setting prices and controlling suppliers and distribution chains, the remaining competition frequently cries foul to the gov't on an ongoing basis. As you point out, it's happening to Microsoft right now and requires their attention.
The Wis public employee unions have been very successful. They've done an A+ job of leveraging the negotiation advantage caused by their members' public sector employment status. Finally they're drawing attention from both tax payers and law makers and it will be interesting to see where this goes.
__________________
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
|
|
|
02-25-2011, 07:59 AM
|
#114
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2004
Location: SW Ohio
Posts: 14,404
|
It looks like the wheels are in motion for a recall election against some of the runaway legislators in Wisconsin.
Journal Sentinel Story
Quote:
The clock is now running for groups trying to collect enough signatures to trigger recall elections against seven Democratic senators, state officials said today.
Reid Magney, spokesman for the Government Accountability Board, said local groups have officially registered recall committees with his agency to try to recall Sen. Bob Wirch of Kenosha and Jim Holperin of Eagle River.
In addition, a Utah group, American Recall Coalition, has registered electronically to set up recall committees against Wirch and five other Senate Democrats - Lena Taylor of Milwaukee, Mark Miller of Monona, Julie Lassa of Stevens Point, Fred Risser of Madison and Dave Hansen of Green Bay.
Magney said his office is still waiting to receive paper registrations from American Recall Coalition but that the out-of-state group may begin collecting signatures for the recall elections in those districts.
"We thought we were going to have a quiet time after the election," Magney said. "Apparently not."
. . .
Democrats and labor unions are also weighing whether to recall up to six Senate Republicans for supporting Walker's plan. Among those being targeted is Sen. Alberta Darling of River Hills.
|
The campaign that never ends has come to Wisconsin.
|
|
|
02-25-2011, 08:02 AM
|
#115
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
|
The Assembly passed Walkers bill in full context last night, after more than 60 hours of debates, fillibustering, speeches, amendment discussions, etc. The vote was 51-17 in favor of the bill. There is a viral video of the vote, Democrats screaming at the top of their lungs at the Republican members of the Assembly. Wonder if my son's social studies class is still going to the Capitol for a tour in two weeks, to see democracy in action............
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
02-25-2011, 09:41 AM
|
#116
|
gone traveling
Join Date: May 2008
Posts: 3,864
|
They'd be screaming at the budget cuts if the bill hadn't passed...no concept of fiscal responsibility.
Ahhh, Wisconsin Democracy in action...you should take your kids (offer to chaperone the whole class!) to see how their teachers and legislators are acting; nothing like seeing their role models practicing high-drama hysterics and running away from home. Too bad it isn't Taiwan or Korea, where they settle their legislative differences by throwing fists, shoes, crockery and food...the kiddies might really enjoy that spectacle.
|
|
|
02-25-2011, 09:45 AM
|
#117
|
Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 4,391
|
The Wisconsin Senate still has to weigh in on this one
This story will go on and on.
|
|
|
02-25-2011, 10:59 AM
|
#118
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,241
|
Quote:
Originally Posted by MasterBlaster
The Wisconsin Senate still has to weigh in on this one
This story will go on and on.
|
Naaa... it will be settled in the near future one way or the other... to much pressure for the stalemate to continue... once workers start to get pink slips I am sure the dems will be back to vote....
|
|
|
02-25-2011, 11:27 AM
|
#119
|
Confused about dryer sheets
Join Date: Feb 2011
Posts: 2
|
True in the sense of salary and retirement, although they can negotiate about some fairly petty rules such as compressed work schedules.
As a point of reference all new fed employees since the mid 1980's get 1% per year of service (high 3, partially indexed for inflation) in a defined benefit for which they pay 1% of their salary and up to 5% match on their 401K. Social security is also paid.
At the time it was considered a cheap retirement plan, now it appears to the the benchmark for state employees.
|
|
|
02-25-2011, 11:53 AM
|
#120
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2009
Posts: 9,343
|
Quote:
Originally Posted by Westernskies
They'd be screaming at the budget cuts if the bill hadn't passed...no concept of fiscal responsibility.
Ahhh, Wisconsin Democracy in action...you should take your kids (offer to chaperone the whole class!) to see how their teachers and legislators are acting; nothing like seeing their role models practicing high-drama hysterics and running away from home. Too bad it isn't Taiwan or Korea, where they settle their legislative differences by throwing fists, shoes, crockery and food...the kiddies might really enjoy that spectacle.
|
The ironic part of all of this, is that these issues should have been aurgued about 2 years ago instead of now. The states mostly just plugged the gaps in their budgets the past 2 years with the federal stimulus money sticking their heads in the sand delaying the inevitable.
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|