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POLITICAL THREAD

How will they rule ??!

  • YES - Qualified

    Votes: 41 82.0%
  • NO - Disqualified

    Votes: 9 18.0%

  • Total voters
    50
  • Poll closed .
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2 topics that it seems like 90% of my demographic cares about, I will not be voting R for a state position until both are legal (I'm a registered independent).
 
As usual, more Republican lies about the immigration policy being a continuation of what Obama did. When you can't accept fault for your own shitty actions, just blame someone else.

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To be honest, I really dont give a shit about the teacher's pension going bankrupt at this point. The unions made their bed they'll get to sleep in eventually. Hopefully all the teachers find good husbands to support them before then.
The police pension is in much worse shape than teachers. You give a shit about them? And KRS is the fund that is dragging down KY and it doesn't cover teachers. You guys have very little clue about the actual facts of the pension problem. The employees have been paying into their funds. The state has not, it is their fault the funds are ****ed up. They also tried to invest in high risk hedge funds to recoup dwindling assets and got burned and also got caught funneling tons of money to placement agents.
 
The police pension is in much worse shape than teachers. You give a shit about them? And KRS is the fund that is dragging down KY and it doesn't cover teachers. You guys have very little clue about the actual facts of the pension problem. The employees have been paying into their funds. The state has not, it is their fault the funds are ****ed up. They also tried to invest in high risk hedge funds to recoup dwindling assets and got burned and also got caught funneling tons of money to placement agents.
Fun fact: 8/10 KY governors since 1971 have been D.

Go eat your lunch on some other board.
 
Fact is Rocky couldnt get dem's to vote for him ... and now you want to attract indy's and R's ... no freaking thanks .. Rocky is a strict party man .. see his abortion vote on HB 5
 
What happens when Trump wins the popular vote in 2020 and he gets an additional 75 electoral votes from states that didn't vote for him?

Hilarity. That's what happens
 
poor baby Trump says he can't work with Congress on any legislation while under investigation.


Maybe the legislature should legislate then and send something to his desk to sign. Would be really embarrassing for Trump if the legislative branch sent some legislation for him to refuse to sign rather than illegal subpoenas.



In reality though, I'm disappointed he is the one that broke out, "you can't investigate and legislate". He should have opened investigations into every Democrat and their families just like was done to him. Let them be the ones that say they can't legislate while being investigated.
 
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The police pension is in much worse shape than teachers. You give a shit about them? And KRS is the fund that is dragging down KY and it doesn't cover teachers. You guys have very little clue about the actual facts of the pension problem. The employees have been paying into their funds. The state has not, it is their fault the funds are ****ed up. They also tried to invest in high risk hedge funds to recoup dwindling assets and got burned and also got caught funneling tons of money to placement agents.

You obviously don't.

Every private sector pension has been is bering phased out for a reason. The math doesn't work. Almost all are based on very optimistic returns and other factors. It is not like pensions are centuries old and just now hitting the skids. Most are now hitting their 2nd or 3rd generation and can't keep up in their own model (which btw was designed and mgd by the recipients). Yes the State has not funded to the level they should have....how has Bevin funding stacked against Beshear?...but that money would have to come from somewhere else. Lastly, the vast majority of poorly funded funds are in Dem-controlled areas because that is where the systems are most favorably modeled for employees.
 
You obviously don't.

Every private sector pension has been is bering phased out for a reason. The math doesn't work. Almost all are based on very optimistic returns and other factors. It is not like pensions are centuries old and just now hitting the skids. Most are now hitting their 2nd or 3rd generation and can't keep up in their own model (which btw was designed and mgd by the recipients). Yes the State has not funded to the level they should have....how has Bevin funding stacked against Beshear?...but that money would have to come from somewhere else. Lastly, the vast majority of poorly funded funds are in Dem-controlled areas because that is where the systems are most favorably modeled for employees.
Qwesley, to be “highly educated” I’ll take it that neither math nor finance is part of that education.
The math works very well. Actuaries can tell you how much is needed for a pension plan to remain solvent. Those states that have listened to their actuaries and fully funded their plans are in super shape.
The business world got away from defined benefit plans for multiple reasons...the main one being that it freed them from the risk of holding the plans. They were long term liabilities for companies that were wanting to sell and the equity holders cash out.
States got in trouble with their plans in the 90’s when the market was strong and most pension plans were over funded. They stopped and/or cut back on contributions and started spending that money on other things. As the market pulled back suddenly those overfunded plans were underfunded. However, if they had simply listened to their actuaries and continued to contribute as they had they would be fully funded just as those states and plans that did so.

The math works the very same as your 401k. Speaking of 401k’s...just wait until the first market crash to happen when all of the Baby Boomers and Gen Xers who are dependent on their 401k ‘s which they failed to fund, hits. It will not be pretty.
 
To be honest, I really dont give a shit about the teacher's pension going bankrupt at this point. The unions made their bed they'll get to sleep in eventually. Hopefully all the teachers find good husbands to support them before then.
Discuss a topic long enough on here and someone'll generally let the cat out of the bag on the right's true motivations.
 
All this because someone inherited money? One guy said “spend time bragging about having money!” For reference, orange guy in office is a failson that campaigned bragging on money, was constantly saved by his old man and inherited money...also, admitted to cheating the IRS, been caught lying about donating to charity, and is afraid to show his taxes. Crickets...

Rex kwon you do realize two million dollars doesn’t put you in the 1%, right?
You realize that the one who got the money opines for higher taxes and the rich giving a lot of their money to the poor. Now he needs to put his money literally where his mouth tells everyone else to.
 
Qwesley, to be “highly educated” I’ll take it that neither math nor finance is part of that education.
The math works very well. Actuaries can tell you how much is needed for a pension plan to remain solvent. Those states that have listened to their actuaries and fully funded their plans are in super shape.
The business world got away from defined benefit plans for multiple reasons...the main one being that it freed them from the risk of holding the plans. They were long term liabilities for companies that were wanting to sell and the equity holders cash out.
States got in trouble with their plans in the 90’s when the market was strong and most pension plans were over funded. They stopped and/or cut back on contributions and started spending that money on other things. As the market pulled back suddenly those overfunded plans were underfunded. However, if they had simply listened to their actuaries and continued to contribute as they had they would be fully funded just as those states and plans that did so.

The math works the very same as your 401k. Speaking of 401k’s...just wait until the first market crash to happen when all of the Baby Boomers and Gen Xers who are dependent on their 401k ‘s which they failed to fund, hits. It will not be pretty.
Market-based>>>>>>guaranteed obligation

Whatever happens with my 401k I know the risks and not asking anyone to guarantee it. Funds are in trouble around the country because govts have to balance their budget and more retirees have hit the system and are living on average to their mid-80s, Why are hugely liberal areas like CA and IL so poorly funded?
 
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