Wednesday, July 07, 2010

Illinois' Stops Paying Bills, Gives Raises

By Douglas V. Gibbs

I stood before the members of the Murrieta/Temecula Republican Assembly at the Monday morning breakfast meeting at the start of this week, and I told them that over the weekend I read Illinois could no longer pay its bills, according to the New York Times, and even with the stoppage in spending, the state is still sinking deeper into a hole it can't get out of. Cities and States across this nation are flirting with the same disaster. Murrieta, the city I am running for city council in, last year spent more than it had coming in and has dipped into its reserve fund and fire services fund (the second I believe to be an illegal move since the fund exists separate and is funded by a special tax) in order to pay for its out of control spending habit that includes buying up land to unnecessarily create low-income housing near downtown.

Illinois is yet another example of what happens to a state with years and years of liberal leadership.

California, with its longtime liberal legislature, and a Republican governor that is more leftist than principled, is not too far behind.

But the horror of Illinois' tax and spend catastrophe is even more insane than originally thought.

While essentially bankrupt, unable to pay her bills, and on the brink of collapse, Illinois has looked at her $13 BILLION budget deficit and doled out 20% raises to the governor's top staff. And on top of that, the Illinois Democrats also decided to give out a 14% raise to state union employees.

Greece has nothing on Illinois.

With the Democrats in charge in Washington DC, America could be next.

And yet the idiot left keeps spending and spending and spending. . .

-- Political Pistachio Conservative News and Commentary

Illinois Stops Paying Its Bills, but Can’t Stop Digging Hole - New York Times

While Illinois Goes Broke, State Union Employees Get 14% Raise - Part-Time Pundit

No comments: