Friday, January 07, 2011

California and Illinois has been Plundered into Bankruptcy by Democrat Politicians---What’s Ahead Now?

Chicago, IL—So many first responders in Illinois and California have put their life and blood into careers of public service. They were all put into government pension programs for retirement rather than Social Security. Corrupt politicians have found ways to misuse the pension funds like they did with every government fund under their control.

The government pensions were promised to allow retirement for a job well done. Every pension is in mortal danger now in these two states. These two states can be counted upon to file bankruptcy first under Chapter 11 to reorganize their debts by significantly reducing the amounts paid to retirees. After the reorganizations fail, and they will, Chapter 7 will kick in and a single and small lump sum will go to these folks if they get anything at all.

These two states are already begging for a federal bailout. A bailout here is nothing more than the printing of more counterfeit currency by our government. This bailout should not be allowed to happen or the entire country will be in this mess. In the end it may not make a difference.

Every state controlled by plundering Democrats can’t be far behind California and Illinois. Businesses in these states will have to relocate or simply vanish.

Of course the pension funds are only a small part of a bigger mess. Social Security was doomed the day Franklin Roosevelt and his Socialist pals in our Congress forced this program on America. Ponzi schemes always run out of money and Social Security is no exception.

The unskilled, unemployable and unwashed dependent masses of these states can be counted upon take to the streets unleashing unstoppable violence. Police departments like Chicago’s could never control a significant ghetto uprising. Neighborhoods will be controlled by whoever has the best weapons and ability to effectively to use them. Frankly most cops will understandably abandon their posts to go home and protect their own families in any real insurrection.

Our military and National Guard has been neutered by deployment with their assets to Iraq and Afghanistan. We have little left to protect America from an attack of our continent except individual Americans with small arms.

The Socialists will be offering a new form of government for America and I only hope these bastards are the first to be led to the scaffolds along with the politicians that were responsible for these disaster.

The future of America can only be anarchy and war. We will soon be asking ourselves, “How’d that happen?”

6 comments:

Anonymous said...

The Democrats are doubling the taxes in this state, instead of cutting spending. This will drive the rest of the businesses out of this state. At the first sign that the government is collapsing we need to finish them off. Don't be squemish. Just do it!

Anonymous said...

Damn, every time I come here I read more and more about the upcoming break down of society and armed resistance, riots, anarchy, etc. Say it ain't so Paul. These are supposed to be my golden years.
What I would like to learn is if any state has a sort of "flow chart" of public payments such as state pensions, LINK cards, Medicaid, and all of the countless other entitlements that are being paid each month. If things get really bad, the leeches who haven't earned a cent of this money should be dropped and the savings should be directed to the pensions and salaries of those who actually earned their paychecks. I'd like to see where the retirees would be. My guess would be that we would stop getting our paychecks but the welfare queens would still keep on getting theirs.

Anonymous said...

My guess would be that we would stop getting our paychecks but the welfare queens would still keep on getting theirs.

January 07, 2011 6:43 PM



of course, they outnumber us exponentially.

and their controlled votes do, too.

Anonymous said...

Just wait till all the Irish Welfare types in Illinois do not get the pension they were promised.It will make the recent Arizona shooting look like childs play.

Anonymous said...

Just wait till all the Irish Welfare types in Illinois do not get the pension they were promised.It will make the recent Arizona shooting look like childs play.

January 09, 2011 6:18 AM



we can only hope.

bankruptcy credit report said...

When there is any talk about politician i feel agony and anger.i hate the damn politician they don't think about the common man and people who select them until the time of election.They don't do good for the people,such as not give proper and good services for pensioners and all that.