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Author Topic: Oh but we are in a recovery  (Read 510 times)

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Offline Matthew

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Oh but we are in a recovery
« on: August 31, 2015, 12:35:32 PM »
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    • From CNNMoney.com

    Congratulations, you won $25,000 in the Illinois lottery! Sorry, you'll have to settle for an IOU for now.
    Winners of the Illinois lottery are being forced to wait for their money, because state lawmakers haven't passed a budget and so lottery officials don't have legal authority to do payouts.
    Jackpots of at least $25,000 have been put off for the foreseeable future, according to lottery spokesman Stephen Rossi.
    Illinois is grappling with a serious fiscal crunch.
    "Due to the ongoing budget situation in Springfield, some lottery winner payments have been delayed," he said. "All winners will be paid in full as soon as the lottery and the Illinois comptroller have the legislative authority to do so."
    Related: How to win the lottery ... and lose it all
    He said that anyone with a prize of $600 or less can cash it in at a retailer. Prizes ranging from $601 to $25,000 can be redeemed at lottery claims centers.
    The holdup has been ongoing since the current fiscal year started on July 1. The Illinois lottery on its web site highlights 29 prizes that have occurred since then, ranging from $50,000 to a $262 million Mega Millions jackpot split by two winners. That jackpot happens to be the second largest prize in the history of the Illinois lottery.
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    Offline Dolores

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    Oh but we are in a recovery
    « Reply #1 on: August 31, 2015, 12:58:35 PM »
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    • Illinois has racked up such massive debt, the state government can barely function.  Much of it can be blamed on public sector union contracts (wages, benefits & retirement).  That is not to say the unions necessarily did anything wrong; their job is to get as best a deal as possible for the workers.  The problem is that the people sitting on the other side of the bargaining table, usually Chicago Democrats, never actually bargained.  They just gave the unions whatever they wanted because it was politically expedient.  Now they realize that they've promised more than they have, and it is all imploding.
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    Offline RomanCatholic1953

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    Oh but we are in a recovery
    « Reply #2 on: August 31, 2015, 07:57:53 PM »
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    • You need to watch this video "The Fall of Chicago, There will be no recovery" by
    Stefan Molyneux.

    This story can repeated in about in every City and Town coast to coast.



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