-By Warner Todd Huston
Illinois ended 2010 as the most indebted state in the union. Sadly, not a thing has been done so far in 2011 to make it better. Instead, it will get worse.
As State House News reports, the state rings in at number 50 in the nation’s most broke states.
Illinois owed $37.9 billion more than all of its assets combined, including cash, investments and property, as of July 1, 2010, according to a recent statewide financial audit by the Illinois Auditor General William Holland and Illinois Comptroller Judy Baar Topinka.
So far and just like the states unpaid vendors, even taxpayers expecting refunds got stiffed because the state somehow forgot to put $1.4 billion in the refund fund for taxpayers that overpaid their taxes. Now those awaiting refunds will have to wait.
Continue reading “
Illinois Budget Deficit: Worst of the Worst”
My friend Iowahawk recently Tweeted (@iowahawkblog) an interesting fact:
Cities, counties and states (not to mention the federal gov’t) all across the country are overspent, out of cash, and deeply in the red. One reality that has been hitting all these government entities has been a series of tough negotiations with government employee unions. Unions are loathe to take cuts, certainly, but the reality is that in many cases it’s either cuts or layoffs. More and more unions are realizing this and taking the cuts to avoid losing jobs. The foolish government employees in Connecticut seem to be insensible to reality, though.
There is a jester of a Chicago Alderman named Ed Burke who back in the early 1990s made local radio audiences laugh by his plaintive plea of “what about the horses” on the floor of Chicago’s City Hall. He was worried that horses in downtown Chicago’s carriage trade were somehow being mistreated and so he tried to pass all sorts of absurd new regulations in Chicago to help his equine buddies. His plea rings in my ears as I read this new story of the “
This is a novel approach. The Service Employees International Union (SEIU), one of the largest government employee unions in the nation, has decided that they’ve had enough of all those darn Republicans that are… well… acting like Republicans. So, the union has lighted on a new way to be rid of all those darn Republican-like Republicans. They are going to 
In just one more example of the thousands of examples of political graft in Illinois, the St. Louis Post-Dispatch 
Feeling low, spunky? Feeling sad because you lose election after election, my friend? Crying because, no matter how hard you try, those idiot voters won’t put you in office where you’re sure you belong, donkey-boy? Well, fear not, sparkey. YOU are a Democrat and in THIS state you always win, even when you lose. In this state, as a Democrat, you get to feed at the public trough, paid by the taxpayers whether you can win election or not.
This is one thing that always flummoxes me. Over the last few decades American labor unions have increasingly become adjuncts, associates, pals, close friends — what ever you want to call them — with anti-American groups like the Communist Party USA and various socialist, anti-Israel groups, and pro-terror groups like the many pro-Palestinian groups. So, what the hell are the regular, presumably true American rank and file members doing about this fact? Are they aware of it? If they are aware of it why do they sit idly by while their union leaders consort with enemies of the United States of America?
You may remember back in March that an
It wasn’t long ago that Indiana Democrats fled the Hoosier state so that they could avoid doing their job in the state legislature. These Democrats self-righteously claimed that they were doing this “for the people” and insisted that they should be considered as heroes. One Indiana Democrat even claimed that
Chicago area Congressman Jesse Jackson, Jr. is apparently as fickle as he is uninformed about economics and the Constitution both. In March we saw him praising the Apple iPad as technology so important that he wanted to have the federal government buy one for every American student. Only a month later he was calling the iPad a destroyer of American jobs. Talk about a whiplash inducing turn around.
Yes, it’s that new age of Democrat political civility rearing its ugly head yet again.
Last month when the current series of budget debates began to heat up, the ineffectual leader of the Democrats in the U.S. Senate thought he had a great little point against proposed tax cuts by crying that the cuts would destroy Nevada’s “Cowboy Poetry.”
Sorry Tea Partiers, but the GOP won this budget battle despite that you didn’t get all you wanted, this was a major GOP win. In fact, treating it otherwise endangers further cuts and bigger budget wins. If the drive to cut the budget stops now, it might be YOUR fault!
This is one of those chain emails that I rarely bother with. But this one is particularly funny and bitingly true. Well, true after I rewrote it a bit…
There is nothing worse than some self-interested politician acting as if his partisan political agenda makes him serving his country just like our brave soldiers at war. But here we have it from Indiana’s 69th District Democrat Dave Cheatham, one of the Hoosier State Reps that ran off to Illinois to avoid doing his job at the state capitol.