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Bill Brady Ad - Plan

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Uploaded by on May 14, 2010

Bill discusses the Brady Plan for Illinois.

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News & Politics

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Standard YouTube License

  • likes, 2 dislikes

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  • Back Brady and Kay!

  • fuck this guy fuck pat quinn fuck all the corrupted fucks ruining our state. they the same thing all the time and their ads go back and forth at each other, so who r u gonna vote for? douchebag number 1 or 2?

  • Lex Green for governor!!!

    Libertarian 

  • I've been seeing these commercials on tv so many times and all I have to say is that for all you people making these retarded ass commercials, stop airing this shit, fuck politicians, your nothing but a bunch of old fucking grandpas

  • @JohnRhysMusician One other thing, of course different 401K managers get different results. No two financial managers will think alike all the time and make the same choices all the time. My deferred comp account has lost around $500.00 since 2009 and has been in existenc since January of 2009. Also, many of my co-workers have lost money in their accounts since 2009. A pension is the best way to guarantee income after retirement.

  • @JohnRhysMusician 401k's are like amateur doctors trying to make a diagnosis, they try hard, but don't always get the job done. You said that economic inactivity is only temporary. I also must point out that economic activity and robust economic activity is also temporary. The economy has cycles, and many times during a person's 401k life, they face downturns. A pension is the best method to protect retirees from losing their income and, in their old age, being forced to go back to work.

  • @ajd1211 401ks are not as reliable as pensions; but they are largely self funding because they increase with economic activity. Economic inactivity is only temporary. Most 401k plans have recovered since the downturn of 2009. Also different 401k investment managers get different results.

  • @JohnRhysMusician in the long run, and it will hurt those who have worked hard providing the services that Illinoisans depend on in their retirement.

    I'm going to quote you a statistic that I heard on the radio a few weeks ago. More Americans age 65 and older are re-entering the workforce than those between 18 and 21. Why? Because their 401k retirement plans are going broke due to this roller coaster stock market we have. 401k's aren't reliable forms of retirement income.

  • @JohnRhysMusician I know that, and that will be done in January when the new tier pensions take effect. I'm going to quote you a line from Mark Twain. He said "What is popular isn't always right. What is right isn't always popular." It's not right to take away the pensions of those that were promised a pension when they retire. And just because the private sector has done it doesn't mean it's right. Phasing out state pensions is simply the wrong thing to do. Period. It would cost the state more

  • @ajd1211 More people would be interested in phasing out state pensions, in other words not welcoming any new hires into the pension program.

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