Here’s a set of six political cartoons by Eric Allie, cartoonist at the Illinois Policy institute.
The characters pertain to Illinois, but the cartoons are universal, especially in regards to public unions, taxpayer shakedowns, and pensions.
Super-Majority Math
The 4th cartoon is in reference to Rauner vetoes of Madigan-sponsored bills.
The Illinois legislature has a super-majority of Democrats who could override any Rauner veto but there are a handful of “blue dog” Democrats who do not want to kick the can and/or do not want to bail out Chicago on the backs of tax hikes in downstate Illinois where they receive no benefits.
It fits in nicely with Rauner Vetoes Bill Reducing Pension Contributions; Despite Massive Underfunding, Chicago Mayor Whines, assuming the veto is not overridden.
All Hail, Michael Madigan
The second and third cartoon pertain to All Hail, Michael Madigan, Dictator of Illinois.
Those interested can sign up for weekly cartoons.
Mike “Mish” Shedlock
i cna see you commenting on IL. So why not on MS and OK that are both in the tank? Paul Verchinski 5475 Sleeping Dog Lane Columbia, MD 21045 410.997-3879
From: MishTalk To: verchinski@yahoo.com Sent: Sunday, May 29, 2016 12:00 PM Subject: [New post] Economic Reality, Brick Walls, Budget Balancing Act Political Cartoons #yiv7426961347 a:hover {color:red;}#yiv7426961347 a {text-decoration:none;color:#0088cc;}#yiv7426961347 a.yiv7426961347primaryactionlink:link, #yiv7426961347 a.yiv7426961347primaryactionlink:visited {background-color:#2585B2;color:#fff;}#yiv7426961347 a.yiv7426961347primaryactionlink:hover, #yiv7426961347 a.yiv7426961347primaryactionlink:active {background-color:#11729E;color:#fff;}#yiv7426961347 WordPress.com | mishgea posted: “Here’s a set of four political cartoons by Eric Allie, cartoonist at the Illinois Policy institute.The characters pertain to Illinois, but the cartoons are universal, especially in regards to public unions, taxpayer shakedowns, and pensions.” | |
Chicago and Illinois are on the leading edge of crashing. Everyone is watching them to see how it will play out. Detroit did the bankruptcy shuffle that only kicked the can further down the road. I expect Illinois will let Chicago do it eventually to write off all those IOUs. Anyone doing business with any government in Illinois is just closing their eyes to reality.
detroit (i never capitalize it anymore on purpose) has to do something with the 491 million dollar pension shortfall now. They are speculating that the funding will remove 8% of detroit’s operating budget which is already cut way beyond the bone. Wayne County, which detroit is the county seat, is also in deep water with their pensions and projects budget. Keep in mind that this is as good as the economy is going to get. The state and federal government spent billions over billions of dollars on detroit’s “come back”… it came back alright… as a fungus.
http://www.detroitnews.com/story/news/local/detroit-city/2016/02/23/duggan-detroit-speech/80782866/
You mean ‘détroit’, or ‘straights’, from where it was named.
…actually ‘straits’, détroit is descended from Latin related ‘ stretch, draw out, scrape, strip off ‘ etc.
2banana’s Rule #24:
democrat rule + public unions + closed shop state = bankruptcy, ruin and misery
Any pension fund with a 68% unfunded liability has crossed well into the danger zone and is quickly approaching the 300 foot cliff. Never rule out a stick save by Obama. Don’t forget – Chicago is his crib and he owes the unions for putting him into the White House – twice. If they delay action until next year and Trump gets elected – it could be a game changer. Trump may very well toss both the public pensions and the unions under the bus. Trump is the only hope we have left.
Yep… I figured the Puerto Rico deal was the primer for Chicago/Illinois. You know the politics gig… do the same thing on a much smaller scale and stupid Americans will soon think it’s normal, then blast a bunch of big ones right up their asses at mach 3.
http://www.usnews.com/opinion/articles/2016-05-26/house-bill-promesa-that-grants-bailout-to-puerto-rico-rips-off-bondholders