Comments on: Illinois finances a “mounting crisis” http://blogs.reuters.com/rolfe-winkler/2009/10/07/illinois-finances-a-mounting-crisis/ Option ARMageddon Tue, 14 Oct 2014 13:06:34 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: john winkler http://blogs.reuters.com/rolfe-winkler/2009/10/07/illinois-finances-a-mounting-crisis/comment-page-1/#comment-2231 Thu, 08 Oct 2009 17:02:17 +0000 http://blogs.reuters.com/rolfe-winkler/?p=3919#comment-2231 I assume Hynes’ numbers are correct, but remember, he’s not a disinterested public servant. He’s running for governor so his announcement has a strong political tinge.

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By: Andrew http://blogs.reuters.com/rolfe-winkler/2009/10/07/illinois-finances-a-mounting-crisis/comment-page-1/#comment-2201 Thu, 08 Oct 2009 02:51:28 +0000 http://blogs.reuters.com/rolfe-winkler/?p=3919#comment-2201 Maybe illinois could raise money by auctioning off govt offices…. Bet they could get a good price for a senate seat.

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By: CougarWitStyle http://blogs.reuters.com/rolfe-winkler/2009/10/07/illinois-finances-a-mounting-crisis/comment-page-1/#comment-2198 Thu, 08 Oct 2009 02:00:45 +0000 http://blogs.reuters.com/rolfe-winkler/?p=3919#comment-2198 The simple and quite obvious solution for this entire “recession” problem; is for each and every State of our great (and once powerful) Country… LEGALIZE MARIJUANA ! Please comment.

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By: sangellone http://blogs.reuters.com/rolfe-winkler/2009/10/07/illinois-finances-a-mounting-crisis/comment-page-1/#comment-2191 Wed, 07 Oct 2009 22:38:57 +0000 http://blogs.reuters.com/rolfe-winkler/?p=3919#comment-2191 I google/bing/yahoo layoffs every few days to see what is going on around the country. Over the past few weeks it has been local and state government agency layoffs that are reported in the news.

Some states have tried tax increases but they don’t seem to be raising revenue. Like a used orange, the taxpayer has been squeezed dry which leads me to the thought ‘what happens if the governments effort to reflate housing prices worked?’ Say the local tax assessor determined that your house went up in value next year by virtue of tax credits, low mortgage loans and foreclosure
prevention programs. Such an increase puts no more money in the typical homeowners depleted pocket but would raise
property tax assessments. Think of a retired person whose
interest income has been slashed, who gets no COLA from social security and who gets a 10 percent increase in their property tax. Thanks a lot Bernanke!

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By: CB http://blogs.reuters.com/rolfe-winkler/2009/10/07/illinois-finances-a-mounting-crisis/comment-page-1/#comment-2187 Wed, 07 Oct 2009 21:35:51 +0000 http://blogs.reuters.com/rolfe-winkler/?p=3919#comment-2187 The fed gov’t is broke but it spends more anyway while the state gov’t is broke but can’t call on imaginary funds. It’s just not fair!

The capcha for this posting was quite appropriate – TOAST

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