Paralyzed by the worst deficit in its history, the state has fallen months behind in paying what it owes to businesses and organizations, pushing some of them to the edge of bankruptcy.
Illinois isn’t bothering with the formality of issuing IOUs, as California did last year. It simply doesn’t pay.
Coming to a State Government near you!
Right now, $4.4 billion worth of bills, some dating back to October, are sitting in the Illinois comptroller’s office waiting to be paid someday.
Yep and Housing prices will appreciate next year or Brownstone Brooklyn will never suffer price declines.
“The Lot was this entire square block of wild, overgrown shrubs and weeds where you could get into all manner of trouble.
This was a piece of land which was never developed, still wild from who knows when. You could even find rabbits in there.”
Ah….ENY in the old days. What a place! When I moved onto my block in 1967 there was a horse stable across the street.
I can see you, CH! I’ll be back in Brooklyn tonight. Great week as I managed not to spend too much time in freezing cold conference rooms and actualy had some time to enjoy the place. Ya, man!
donatella, WHERE HAVE YOU BEEN? I’ve been getting worried.
CGAR, you are the best 🙂 !! Thanks, I have been trying to fight the impulse to:
1) Share all my subway stories
2) Comment on Fulton Street
3) Engage lechecal on gold
4) Discuss carbon sequestration
5) Get lost in ex, sex, hex, puns and egg puns.
6) Discuss the complete and utter meltdown of Law and Order CI with (former) heartthrob, Jeff Goldblum. Show is the pits.
6) Engage Rob in his hilarious ranting
Why, you ask?
I got more plates spinning with work (and school!) and I don’t seem to be as good as some in multitasking. So back to the salt mines (and gold mines – Lechecal, when I see you in person, I will give you my “gold analysis” but you can make money going up and going down and just looking at the past several month’s volatility you could have made money both ways and while I hate to sound like I am agreeing with the end of the world set, gold has NOT responded like it did in the past – the uncertainty in Europe –and the future of the EU– which is putting a lid on our own stock market, is making gold a favored hedge and strangely out of sync with the old rule of thumb — i.e. dollar lower, gold higher. When the rest of commodities are sputtering on the strong dollar EU related dollar, gold has been steady. Our gold dealer here was singing about the biblical fall in gold too 500 dollars ago, but he isn’t now. That’s not to say you get married to it forever. If you decide to sell gold, wow, at least use tight stops…..)
Anyhow, CGAR, that’s why I have been quiet. But thanks for asking!!!!!!
Before I got here’s a diddy for tytard!
Illinois deep in debt, doesn’t pay bills
Crisis pushes businesses, organizations to edge of bankruptcy
http://www.msnbc.msn.com/id/37136518/ns/us_news-life//
Paralyzed by the worst deficit in its history, the state has fallen months behind in paying what it owes to businesses and organizations, pushing some of them to the edge of bankruptcy.
Illinois isn’t bothering with the formality of issuing IOUs, as California did last year. It simply doesn’t pay.
Coming to a State Government near you!
Right now, $4.4 billion worth of bills, some dating back to October, are sitting in the Illinois comptroller’s office waiting to be paid someday.
Yep and Housing prices will appreciate next year or Brownstone Brooklyn will never suffer price declines.
Man i feel sorry for you, not!
The What (Where’s Dave???)
Someday this war is gonna end..
“The Lot was this entire square block of wild, overgrown shrubs and weeds where you could get into all manner of trouble.
This was a piece of land which was never developed, still wild from who knows when. You could even find rabbits in there.”
Ah….ENY in the old days. What a place! When I moved onto my block in 1967 there was a horse stable across the street.
I can see you, CH! I’ll be back in Brooklyn tonight. Great week as I managed not to spend too much time in freezing cold conference rooms and actualy had some time to enjoy the place. Ya, man!
“I still have a stub from their 78′ season.”
I was at the two most significant games in the Toronto Blue Jays history and I have the stubs to prove it:
1) First Game ever in 1977 (at Exhibition Stadium)
2) Game 6 against the Phillies in 1993 (Joe Carter, bottom of the 9th World Series winning walkoff homerun against Mitch Wild Thing Williams).
“they are making 2280 a month and only paying 150 a month in rent?”
Where are you reading this, Rob? Link?
lol cgar ahha.
*rob*
Pete, I’ve been posting nasty remarks to you in the Open House Picks thread. WhereTF have you been???
By CGar on May 14, 2010 1:17 PM
wasder, we’re good to go!
donatella, WHERE HAVE YOU BEEN? I’ve been getting worried.
CGAR, you are the best 🙂 !! Thanks, I have been trying to fight the impulse to:
1) Share all my subway stories
2) Comment on Fulton Street
3) Engage lechecal on gold
4) Discuss carbon sequestration
5) Get lost in ex, sex, hex, puns and egg puns.
6) Discuss the complete and utter meltdown of Law and Order CI with (former) heartthrob, Jeff Goldblum. Show is the pits.
6) Engage Rob in his hilarious ranting
Why, you ask?
I got more plates spinning with work (and school!) and I don’t seem to be as good as some in multitasking. So back to the salt mines (and gold mines – Lechecal, when I see you in person, I will give you my “gold analysis” but you can make money going up and going down and just looking at the past several month’s volatility you could have made money both ways and while I hate to sound like I am agreeing with the end of the world set, gold has NOT responded like it did in the past – the uncertainty in Europe –and the future of the EU– which is putting a lid on our own stock market, is making gold a favored hedge and strangely out of sync with the old rule of thumb — i.e. dollar lower, gold higher. When the rest of commodities are sputtering on the strong dollar EU related dollar, gold has been steady. Our gold dealer here was singing about the biblical fall in gold too 500 dollars ago, but he isn’t now. That’s not to say you get married to it forever. If you decide to sell gold, wow, at least use tight stops…..)
Anyhow, CGAR, that’s why I have been quiet. But thanks for asking!!!!!!
But one
in NYTimes this morning that gold could climb to $5000.
Very theoritical of course.
ArCATy, are you originally from the D.C. area?