Poor Chicago
- One in three Chicago residents can't go more than a month without a paycheck.
According to the Springleaf Financial Strength Survey, 33 percent of Chicagoans are living paycheck-to-paycheck.
It also found that one in three Chicagoans has less than $250 in their bank account before payday and they're not consistently adding to any savings.
The survey says rising costs and unexpected expenses are the main reasons for the lack in savings.
No wonder politicians can't balance the budget - no one has any money.
Labels: money questions
posted by SCC at 12:01 AM
37 Comments:
But Obama said the said the economy is booming!!!
How many are using EBT cards?
90 million working age Americans can't find work but not to worry cuz the King is granting amnesty to another 5 mil unaccompanied illegal immigrant drug runners and cartel prospects and that's gonna fix everything.
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People who weren’t even born in America are taking significant advantage of one of Obamacare’s single-most expensive benefits, the expansion of Medicaid, a new report from the Center for Immigration Studies (CIS) shows. In fact, immigrants have accounted for 42 percent of the growth in Medicaid enrollment since Obamacare began being implemented in 2011, the report finds.
http://www.breitbart.com/Big-Government/2014/11/12/Report-Immigrants-Make-Up-42-Percent-Of-Obamacare-Medicaid-Expansion
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When it comes to US citizens pensions however it's go eff yourself cuz the Elite politicians see us all as a bunch of dumb asses....and there are now videos that prove it as they rub it in our faces
Chicago sucks! Just got my water bill today and it's been increasing by $50-70 every 6 months for the last 4 yrs. My bill today?....$570 for a residential home! I admit that my home is non-metered, but consistently raising the rates is like strangling us into submission. Well I'm tapping out. The city may think it won this bout but in the long run it lost. I'm seeing a Realtor tomorrow!
Is this really news to you?
Many people (not just in Chicago) are in very bad financial shape. AND - it's not the "dregs of society" - if anything, they are on more welfare programs than ever before.
The people who are really hurting are the ones that used to be the backbone of society - the people who worked.
One paycheck away from disaster? 33% sound like a good number. I think it would really rise if you went a little longer. 2-3 paychecks would probably push that percentage to over 50%.
Don't look at the report in amazement, thinking this can't be true. IT IS.
The middle class has been eroding for the last 8-10 years, especially in the last 6.
I read this blog a lot and know many complain about raises and benefits. If you look into the private sector, some people have gone without raises for 3-5 years and are happy they did not get laid off like some of their friends. The friends who got laid off, never found any job close to what they were making and had to settle for 30-60% LESS than what they were making before.
Better wake up to reality. This economy really stinks - especially in Illinois. Don't you think Quinn would have won if people did not vote their pocketbooks?
Things are tight and in predicting the future, you'll see pensions and benefits cut. Why? No one can afford to keep paying for all these things.
And the solution to "tax more" is a joke. Tax people more, and more people will find ways to avoid the taxes. Look how many are already moving out.
This state needs job creation and that does not mean more patronage jobs. Good paying private sector jobs that can add to the tax base.
"The rich get richer and the poor get poorer."
That isn't the case here. The rich may have gotten richer, but the poor held their own and probably got richer in the last six years.
The middle class were the ones that got poorer - BIG TIME.
It's the middle class who pays for both ends of the spectrum. Soon there will be no more middle class and you will find your pay, benefits and pension will reflect that as well.
I'm not worried. Rahm has guaranteed I won't be homeless. I am a vet. Thanks Rahm. I feel so much better now.
War-Making And Class-Conflict
...The inherently nonproductive and oligarchic nature of government thus ensures that all nations under political rule are divided into two classes: a productive class and a parasitic class or, in the apt terminology of the American political theorist John C. Calhoun, "taxpayers" and "tax-consumers."
The king and his court, elected politicians and their bureaucratic and special-interest allies, the dictator and his party apparatchiks — these are historically the tax-consumers and, not coincidentally, the war makers. War has a number of advantages for the ruling class.
First and foremost, war against a foreign enemy obscures the class conflict that is going on domestically in which the minority ruling class coercively siphons off the resources and lowers the living standards of the majority of the population, who produce and pay taxes. Convinced that their lives and property are being secured against a foreign threat, the exploited taxpayers develop a "false consciousness" of political and economic solidarity with their domestic rulers. An imperialist war against a weak foreign state, e.g., Grenada, Panama, Haiti, Iraq, Afghanistan, Iran, etc., is especially enticing to the ruling class of a powerful nation such as the United States because it minimizes the cost of losing the war and being displaced by domestic revolution or by the rulers of the victorious foreign state.
A second advantage of war is that it provides the ruling class with an extraordinary opportunity to intensify its economic exploitation of the domestic producers through emergency war taxes, monetary inflation, conscripted labor, and the like. The productive class generally succumbs to these increased depredations on its income and wealth with some grumbling but little real resistance because it is persuaded that its interests are one with the war makers. Also, in the short run at least, modern war appears to bring prosperity to much of the civilian population because it is financed in large part by money creation.
We thus arrive at a universal, praxeological truth about war. War is the outcome of class conflict inherent in the political relationship — the relationship between ruler and ruled, parasite and producer, tax-consumer and taxpayer. The parasitic class makes war with purpose and del...
more http://www.zerohedge.com/news/2014-11-12/war-making-and-class-conflict
Reagan getting rid of the import tariff on foreign made goods in the 1980s opened up the flood gates to job outsourcing. It decimated cities like Chicago who once had a large manufacturing sector that offered good paying jobs.
Its sad to see so many empty large brick factories in Chicago.
Easy answer----work more VRI.
A little off subject, but since it is dealing with money.... http://www.ibtimes.com/chicago-mayor-rahm-emanuel-accepted-campaign-contributions-financial-firms-managing-1723396
Anonymous said...
Chicago sucks! Just got my water bill today and it's been increasing by $50-70 every 6 months for the last 4 yrs. My bill today?....$570 for a residential home! I admit that my home is non-metered, but consistently raising the rates is like strangling us into submission. Well I'm tapping out. The city may think it won this bout but in the long run it lost. I'm seeing a Realtor tomorrow!
11/14/2014 12:38:00 AM
Having a meter is MUCH cheaper.
Just call and ask to have a meter put in.
3 things White House doesn't want you to know about ObamaCare, plus 3 things coming in 2015 you aren’t going to like
http://fxn.ws/1oVRZLY
Does Obamacare trump our pensions??
The essence of the middle class is that it is not dependent on government. It doesn't have to be, because in a normal economy anyone willing to work can pretty much take care of themselves and their family and have enough left to support charities and pay taxes. And it's not only about money--it's the will to be decent and responsible and pass those things on to your kids.
The left couldn't allow such an example to stand--it might inspire others. It had to break the middle class and force it into being dependent. Unfortunately with nobody being productive, the tax money dries up and everybody starts to see what should have been obvious: you were sold a pack of lies by people who only pretend to care, and every measure that was supposed to help has only kept the economy stuck in low gear at best. Time to clean house and let the middle class up again. They will bounce back--it happened in the 1980s. Let the government refocus on essential functions like law enforcement and all of us will be better off.
--Law Abiding Citizen
Everybody lives paycheck to paycheck.
My water bill was $540 for six months, non metered. This summer I had the meter installed, my most recent Bill was $32.50 for two months. (6) bills a year..you do the math. Get the meter.
I'm living paycheck to paycheck too wheres my retro check ?
The middle class use to be the strong hold in the country. Now, we are a dying breed. There is a war against middle class. The government keeps taking and taking from us by taxing us into submission. They want us dependent on them, thereby they can control us! The costs of Everything has gone up and soon we just won't be able to survive on a single income anymore. You will have to be wealthy to survive or you will become poor, whereas you will need to be supported by the government! Sorry people but it's happening in a state near you (Illinois). And no, I'm not a conspiracy theorist, just a realist! The more money you make, the more they tax you
One must have things like suv, rims, iPhone, iPad and the like. It is the new America. Just like the Retro check- not much mention of the pension fund now, until there is no money left. Nothing like immediate gratification.
Poorly educated people spend every cent They make. They have an appetite for things.
Has anyone else read the story in International Business News that RhAM took campaign contributions from the pension fund advisers !!!!!!!!
Rahmenomics will further erode the middle class.
He won't touch the ghetto but he'll tax and fee the middle class into oblivion.
Anonymous said...
Chicago sucks! Just got my water bill today and it's been increasing by $50-70 every 6 months for the last 4 yrs. My bill today?....$570 for a residential home! I admit that my home is non-metered, but consistently raising the rates is like strangling us into submission. Well I'm tapping out. The city may think it won this bout but in the long run it lost. I'm seeing a Realtor tomorrow!
11/14/2014 12:38:00 AM
Having a meter is MUCH cheaper.
Just call and ask to have a meter put in.
11/14/2014 07:47:00 AM
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Wait until the price for water goes up on your meter... Your whole family will have to shower all at once to save money... If it's yellow let it mellow... If it's brown flush it down! haha
Anonymous said...
Rahmenomics will further erode the middle class.
He won't touch the ghetto but he'll tax and fee the middle class into oblivion.
11/14/2014 03:00:00 PM
Which is why he wants to flood Chicago with illegals to serve as a check against the middle class ever taking this city back and making it work for them.
21st century ballot box stuffing for the Alinskites...
So what if a few headless bodies show up dangling over the railing at Hubbard's Cave?
We just want to be around when politicians, media members and other so called Chicago Elites find freshly skinned skulls with a note addressed to them clenched firmly in the jaws of said skull...
>Amusement at the likes of Mitchell, Steinberg, Zorn and others getting a "surprise" for spilling some displeasing ink on the Central American head loppers and limb choppers<
What the fuck do you THINK is being INTENTIONALLY waved over our southern border?
"You wild-assed cops are the problem!"
Anonymous said...
Chicago sucks! Just got my water bill today and it's been increasing by $50-70 every 6 months for the last 4 yrs. My bill today?....$570 for a residential home! I admit that my home is non-metered, but consistently raising the rates is like strangling us into submission. Well I'm tapping out. The city may think it won this bout but in the long run it lost. I'm seeing a Realtor tomorrow!
11/14/2014 12:38:00 AM
Having a meter is MUCH cheaper.
Just call and ask to have a meter put in.
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Yes. Meter is the way to go. It's free and unless you've got an indoor swimming pool or you take 50 showers a day it's the way to go. They gave me a $490 credit when I got mine installed and now you just pay for what you use. Easy.
"Poor Chicago." True, that. Times is hard for those that don't operate "hedge funds" like our new multistate/$140,000/year wine club/Inner Party Gov.
Poor ain't necessarily stupid. System in favor of "those who have learned the skill set necessary to parasitize a complex society."
You never hear of the quiet people worrying is the CVS coupon machine going to let them have another roll of cheap paper towels. Luxury item, don't buy them otherwise, one roll is a big deal. Save them for some household emergency.
Machine, he say "Not again this week" over 79 lousy cents -- so they look for something to tear up for rags to keep the house clean.
The plastic shopping bags they've so wisely banned are not "single-use." Invaluable. The poor jam them around their air-leaky old windows with a butter knife to keep the "polar vortex" out a little.
Poverty is all around -- the decent folks just hope to get down the street and in their door in one piece with some instant mashed potatoes (last pack on the $1.00 shelf) and a bottle of cooking oil for the winter. Never bother the police or anyone until a time of desperate need -- when they die or feel that they are about to.
"And the last shall be first, and the first last."
That'd be nice for a change. Real need passes us on the street every day, unnoticed. Not floppin across the hood with a bucket and rag. Unnoticed.
Winter, again time to turn inwards and look to surviving until spring.
Much harder alone, older, with few resources to fall back on.
"Piedad, Senor, piedad."
People have died alone outside their door because they dropped their keys in the snow and could not find them again in the failing light with their stiffening fingers.
Revs -- once they get their cut -- take care of their own, the morbidly obese trundling home another twenty-pound "church food bank" turkey -- and I have seen not just these, but the whole well-intended cardboard box of holiday food discarded in an alley.
Real need is almost silent, invisible, keeps to itself, except to the perceptive.
Be there, huh?
-- a wish, an earnest prayer.
Biggest hearts in the world to be found behind a star, or in the firehouse. Love ya all.
About the water bill. U have to schedule to have a meter put in. Then the water bill goes down drastically. Its on the city of chicago website. Enroll in metersave.
Yup. blame Reagan for imports. Dumb ass, you can't improvise on economics. The Soviets did and you had lines for toilet paper. We are not an island in the world. If you think you're poor now, if you bought everything you use made in the USA, you'd be really broke. These low skill jobs go to those that can perform them cheapest. You can't stop it. Hey Nixon, price controls don't work, they cause shortages. Remember the beef shortages back then? Of course you don't. You have the memory of a fucking gnat. If it didn't happen 8 seconds ago or sooner, it's ancient history.
We are in this trouble because we voted for it. Housing market, democrats trying to make a house a right. If the banks didn't give bust outs a loan, they'd get crucified by the government for discriminating. It's easier to just give them the money and get the government to guarantee the loans so when they go bust, they banks aren't left holding the bag. Bush tried to address this and gut shut down by congress.
Your utility bills are rising because we're shutting down coal plants. You voted for it. Our government does as much as it can to stop oil production, they want you on the bus. Minimum wage is going up, you wanted it, now, a few more hundred thousand black men will lose their jobs but don't worry, we'll import poor people from south of the border to take their places.
You say all the politicians are the same, and then vote them back into office when they lie to your damn faces. You just can't vote for that other party or maybe you're one of those sophisticated people that just can't be bothered to vote. Madigan is still in office. Cullerton is still in office. Lisa Madigan is attorney general in one of the most corrupt states in the country and SHE CAN'T FIND ANY CORRUPTION? And you vote her back in. These people have laid waste to where we live and you keep sending them back to screw us some more. It's disgusting.
Anonymous Anonymous said...
About the water bill. U have to schedule to have a meter put in. Then the water bill goes down drastically. Its on the city of chicago website. Enroll in metersave.
11/14/2014 08:34:00 PM
We have a meter and the bill goes up every time we get one! Last February we paid more than the summer bill where we used to be able to afford watering the grass and garden. I called the water department and they said that they changed the way they meter water and price per whatever from what it was. It's apples and oranges and you can't compare the two cost methods. It would figure that they just want all your money.........
My latest metered water bll for a 3 flat was $45. Way cheaper then mr non metered homeowner paying 570 for a 6 month bill.
The question is what happens when everyone gets a meter? They will have to raise the rates because the dumb guy without a meter can't subsidize the rest of us anymore.
Ok there he is the one Jerkoff that says wait till the price on ur water meter goes up blah blah blah. So without the meter its not going up u sir are a moron. The price with a meter is gaurenteed for 7 yrs best thing I ever did. My last water bill was $6.50
Chicago sucks! Just got my water bill today and it's been increasing by $50-70 every 6 months for the last 4 yrs. My bill today?....$570 for a residential home! I admit that my home is non-metered, but consistently raising the rates is like strangling us into submission. Well I'm tapping out. The city may think it won this bout but in the long run it lost. I'm seeing a Realtor tomorrow!
11/14/2014 12:38:00 AM
Having a meter is MUCH cheaper.
Just call and ask to have a meter put in.
-------
Yes. Meter is the way to go. It's free and unless you've got an indoor swimming pool or you take 50 showers a day it's the way to go. They gave me a $490 credit when I got mine installed and now you just pay for what you use. Easy.
Be careful what you ask for. Why would the city install a free water meter and charge you less for water? Maybe for a future price increase and once its in they can view your water usage.
Also the payroll and expenses at the water department are the same and so is the city budget, so why would the city want you to pay less for water and cut their revenue? Out of the goodness of their heart.
Anonymous said...
One must have things like suv, rims, iPhone, iPad and the like. It is the new America. Just like the Retro check- not much mention of the pension fund now, until there is no money left. Nothing like immediate gratification.
11/14/2014 11:10:00 AM
Retro check has nothing to do with our pension fund. Retro check was a result of our contract, pension fund is separate and has not been receiving proper payments from the city for decades.
They say 1 in 3 people in chicago are living paycheck to paycheck so I take it that the other 2 are on link and section 8. Poor chicago poor system keep up the good work fucken liberals.
Say what u want about our job, but I thank GOD everyday for it. Good pay with a couple of laughs. Put into that deferred comp - even the minimal helps.
Those revenue generating traffic cams (scam)don't help either. My wallet is being raped by greedy politicians.
" Pension not part of contract"-- you must not have been around when the FOP forgave the city for over 20 million contribution.
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