The State of Illinois is six billion dollars behind in it's unpaid bills. Unlike California who justifies their poverty position with IOUs . The State of Illinois simply places the unpaid bills in the circular file and awaits for taxpayer money to be poured upon their need.
Six billion this year with a proposed 13 billion dollar deficit next year indicates things are not getting better soon.
Small change when compared to the 85 Billion given to AIG by the Bush Administration. Even smaller when compared to the Bush TARP and Obama Stimulus money of three trillion.
The average guy might say we have to many parasites sucking off the government dole and not enough suckers paying into the GDP pool of wealth.
Some might tie the current predicament to the 25% unemployment rate or the 22 million criminal illegals stealing from our schools hospitals and community aid programs.
Uneducated folks might assume Wall Street Bankers and Insurance executives are not entitled to their salaries and obscene bonus and instead impose a threat to American National Security.
Could it be the NAFTA free trade that sent American jobs South over the Rio Grand while criminal free ranging illegals destroyed the American economy on the North side of the border was a unforeseen path to destruction.
Were Americans lied to when they were told criminal illegals were doing the work that most Americans did not want? The jobs taken by criminal illegals lower the wages among all Americans, imposes third world standards of living as they take 100% of the jobs no American has access to in his own country.
Does criminal free ranging immigration provide a subservient worker to the Pharaohs of Wall Street?
Has our own self imposed ignorance and greed proved to be a huge boom for Wall Street Raiders while creating the perfect storm of destruction to the American middle class?
Are we to believe the American Jobs gone across the border has taken our standard of living as well?
Maybe the greedy economic track were on simply has played out. One could make the argument that if every person in America suddenly produced a Harvard PHD it would not create one job or lower the obscene unemployment rate.
Who made the rule that the American worker must compete in a global markets while Congress has laws protecting immigrant and foreigners from taking their jobs. Should we allow Chinese workers to vote in America? Why do we turn a blind eye to criminal immigration and not allow the same criminal people to vote . After all Congress takes their money in tax?
Are American workers to assume the Chinese worker is better educated and highly skilled and therefore entitled to American jobs and industry. Or is this pure Corporate greed that steals from hard working Americans?
Is this a level playing field when Americans are forced to support Congressional Pork and the foreign worker does not?
President Bush and Obama have said Americans need to be trained for the job of the 21st century. What jobs and where ? Should we all learn to caulk windows and install insulation in the homes of Americas new poor?
Short term gain and long term pain has come full circle. Is it possible the best and brightest of Harvard and Wall Streeters have found the economics in America will not function long term. Without full employment and jobs where one 40 hour work week supports an entire family is a primary component of Economics 101 in America.
Is the balance of wealth in America destroying America?
Will the US Treasury bailout Illinois the same way they baled out the Bankers, Insurance and Auto beggars.
Can they create enough imaginary money on paper to return our economy to black ink or will somebody actually have to work for a living.
Friday, May 14, 2010
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