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alstry (35.42)

Alstrynomics Brings You The Biggest Bubble of em All

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July 28, 2009 – Comments (6)

The Government Bubble!!!!!!!!!!!!!  Potentially half the GDP at six and a half trillion in spend.

Trillions in revenues employing millions on the brink of financial collapse.........

Even with massive layoffs and other budget cuts, Jefferson County will not have money to make the Aug. 21 payroll, county officials said Monday.

Interim Finance Director Travis Hulsey also said he’ll recommend closing the satellite courthouses Friday, two weeks earlier than planned, because of the county’s deepening financial emergency.

"We won’t have the staff on Monday to keep them open," he said.

http://www.al.com/news/birminghamnews/metro.ssf?/base/spare/1248768974301350.xml&coll=2

 

Fewer cops, inmates set free, few jobs, more unemployed, cut backs at the court house....is anyone thinking ahead anymore?

At least Donner might bring his workers back for an extra half day.....that should help a bit.

Isn't August 21st before  9.09?

6 Comments – Post Your Own

#1) On July 28, 2009 at 11:30 PM, alstry (35.42) wrote:

AMERICA IS SHUTTING DOWN RIGHT BEFORE OUR EYES....yet few are discussing this crisis?

From the link above:

 

Jefferson County schools, already experiencing cuts in state revenues, face a seven- to eight-month delay in receiving property tax revenues next year because the county Tax Collector’s Office is losing 80 percent of its staff, county school superintendents were told Monday.

Cities and some fire districts that receive property tax revenues will face the same delays.

At the courthouse, Hulsey and county attorney Jeff Sewell both attended the meeting of county and state officials to discuss how to keep the courts running after the massive county layoffs.

Because of the loss of the county occupational tax, which has accounted for a quarter of the county’s general fund, the county projects it will not have enough money to pay its work force in August and has asked departments to cut their payroll by 67 percent. Up to 1,400 county workers could be put on unpaid leave because of the shortfall.

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#2) On July 29, 2009 at 1:16 AM, awallejr (81.55) wrote:

Good.  Let them start cutting the budget.  Gets tiresome when they only increase taxes somewhere, somehow.

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#3) On July 29, 2009 at 7:10 AM, alstry (35.42) wrote:

awa,

The nature of the problem is a deficit.  Just because they are cutting doesn't mean they still won't raise taxes.  Both will likely occur.

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#4) On July 29, 2009 at 7:36 AM, alstry (35.42) wrote:

Don't get too comfortable, California.

While the budget accounts for lower revenues as the state works through an economic recession, if California's 11.6 percent unemployment rate worsens or the stock market slumps, the state could miss projections and face another shortfall. State revenues in June, for instance, were $536 million lower than the governor had anticipated just weeks before in his revised May budget.

http://www.sacbee.com/topstories/story/2064006.html

The only question now is how much additional cutting is ahead?

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#5) On July 29, 2009 at 8:13 AM, StopLaughing (< 20) wrote:

Alstry    You really should get on this. The house version of the health care bill gives free medical care to all illegal aliens at tax payer expense.

That means there will be a flood of sick illegals coming for free medical care at citizen expense. They of course will stay as ICE will not deport them. 

That means that the government health scheme will bankrupt the program, the country, create a Dr/nursing shortage, and ration health care treatments to tax paying citizens. 

Kind of a niffy vote buying scheme by the Demos. America will assume the health care costs for the whole world or at least a many of those who can get here somehow.

 

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#6) On July 29, 2009 at 7:02 PM, awallejr (81.55) wrote:

I used the word "only."  Of course they will raise taxes, that is a forgone conclusion.

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