An SEC Investigation?
In the middle of another round of commercials encouraging Illinois companies to move out of state to escape higher taxes, news of some import:
- Another day. Another Republican governor taking potshots at Gov. Quinn and the whopping income-tax increase he helped implement this month.
New Jersey Gov. Chris Christie appeared in a series of ads that debuted Tuesday in Illinois media touting his state’s business climate and asking, “Had enough of outrageous tax increases?”
Christie’s jabs came on the same day it was learned that the federal Securities and Exchange Commission had opened an “inquiry” into cost-savings estimates from the Quinn administration from a 2010 pension-overhaul law.
- Quinn [...] downplayed the SEC inquiry, and an aide insisted the questions about $300 million in potential savings from last year’s pension-reforms, which raised the retirement age to 67 for new state workers, did not rise to the level of a formal investigation.
$300 million in "potential savings" on a $3.7 billion (billion with a B) bond issue? The Sun Times probably ought to move those quotation marks from the word "inquiry" and put them around the words "cost-savings estimates." As businesses and people who can afford to move out of Illinois actually do so, that so-called "savings" is going to evaporate damn quickly.
Labels: state politics
posted by SCC at 12:33 AM
15 Comments:
But the privilege of living and doing business in Illinois is just worth it! Low taxes, warm all year weather, honest politicians, an educated workforce and no gangs! Illinois is just the garden spot of the US!
I wish I could afford to move to Idaho.
IDES Staffers Say Orchestrated Slowdown Exists at Agency
"CHICAGO – An orchestrated work slowdown at the Illinois Department of Employment Security is delaying unemployment checks for jobless workers and forcing businesses to pay higher unemployment insurance rates.
Employees from the agency’s Chicago headquarters told the Institute about the purposeful delay by calling the Last Honest Man Tipline. Their claims are corroborated by data obtained through a Freedom of Information Act request, which details the number of cases sent to the department’s Board of Review – the last appellate body within the agency – between January 2009 and January of this year."
Well I think we may have found a way to keep the reported unemployment numbers down no?
Not only that we can hammer the employers for more unemployment tax money at the same time right?
It's a win-win!!
If we serve criminals does that make us criminals ?
Anonymous Anonymous said...
But the privilege of living and doing business in Illinois is just worth it! Low taxes, warm all year weather, honest politicians, an educated workforce and no gangs! Illinois is just the garden spot of the US!
I wish I could afford to move to Idaho.
1/26/2011 02:10:00 AM
You forgot all the free items we pay for given to illegals who are flooding this shit city/state!
Quinn better ask Madigan, what to do next.
Quinn, the largest pussy in Illinois, stated that we don't need some "guy from Jersey" telling us how to do things in the Land of Lincoln.
Well, Queef, I meen Quinn, I think they do. If Illinois is only number one in being the MOST fucked up state in the nation, you seem to need anyone telling you and your loser dumbocrats how to do things.
Illinois is lost because of these pathetic losers they keep voting in to rob us blind.
quinn will file for bankruptcy shortly.
Investigate quinn and put him on trial.
Quinn appears to be lost.A deer in the headlights.
Can the CPD move to N. J.
"Tired of politicians balancing the budget on your buisness. Come to New Jersey" Heard the add today and it was good. This state is screwed. But dont worry all you Democrats can now add the blame to a Republican, Chris Christy.
Since the U.S. Attorney in New Jersey just round up and indicted a lot of mobsters in that area, maybe we should ask him to come to Il. to investigate the Daley, Madigan and U.S. Attorney Fitzgerald crime family. Seems that no one else is going to do anything to stop the out right stealing and corruption going on here. The motto of Il. should be, "The land of the Chump" and "whats my cut"...
If we serve criminals does that make us criminals ?
1/26/2011 08:32:00 AM
only if you serve them medium rare.
Quinn appears to be lost.A deer in the headlights.
1/26/2011 12:29:00 PM
Deer have dignity.
now, rats, on the other hand.....
"Deer have dignity.
now, rats, on the other hand....."
...run the City of Chicago, County of Cook, and State of Illinois
Post a Comment
<< Home