Members Login
Username 
 
Password 
    Remember Me  
Auto-Trend Repairs and Service Information Forums -> Money, Business, Technology and Politics -> Illinois close to becoming insolvent! Obamanomics 101
Post Info TOPIC: Illinois close to becoming insolvent! Obamanomics 101
SELLC


CERTIFIED POST WHORE

Status: Offline
Posts: 16301
Date:
Illinois close to becoming insolvent! Obamanomics 101
Permalink  

Well I have been hearing a great deal about hardship in Illinois and yet I often times wonder why people are so fucking ignorant. Wasnt Obama just trying to push for the Olympic games to be held there?

In this article it says that Illinois is not paying its bills!

http://www.msnbc.msn.com/id/38072919/ns/business-the_new_york_times

I mean they are not paying for essential services and their pension program is 50% underfunded! READ THE ARTICLE!

While you are reading it, keep in mind that Chicago was the city Obama hails from. And to think Obama actually thought Chicago could afford to host the Olympics! What a fricking joke! He even wasted countless thousands flying out trying to get the bid for these Olympic Games to be held in Chicago.

I mean can anyone tell me why Obama should be given any credibility for getting the economy back in shape when these facts above are crystal clear? Am I missing something? Or does Chicago have a boat load of money tucked away that no one knows about?



-- Edited by SELLC on Wednesday 7th of July 2010 02:45:23 AM

__________________

What is to give light must endure burning -- Viktor Frankl

 

 
PowerStroker


UNSTOPPABLE!

Status: Offline
Posts: 6491
Date:
Permalink  

The city who is chosen to host the olympics is given close to a billion dollars from the International Olympic Committee.

The Olympics would have helped Chicago's situation greatly.

__________________

 

https://djtrumplibrary.com/
SELLC


CERTIFIED POST WHORE

Status: Offline
Posts: 16301
Date:
Permalink  

WAKE UP POWERSTROKER!

"The cost of hosting an Olympic Games in the 21st century has escalated to such astronomical heights that it is almost certainly a losing proposition, and the universe of cities that economically can shoulder this burden is rapidly shrinking, says Curt Hamakawa, Director of the Center for International Sport Business at Western New England College in Springfield, Mass."

Join the club, Vancouver. The track record for most host cities is more red than gold. Montreal just finished paying for the stadiums it built for the 1976 games. Salt Lake City, Utah which hosted the Winter games in 2002ended up $155 billion in debt. Athens, Greece finished $3.1 billion over budget for hosting the 2004 games.

The Money Pit That's Become Hosting Olympic Games

http://www.cnbc.com/id/34844120/The_Money_Pit_That_s_Become_Hosting_Olympic_Games

You and I both know that the city would have squandered the money. Apparently you would support anything that Obama suggest regardless of the past failures in Salt Lake City Utah and Athens Greece. They still trying to figure out how much money China lost hosting the last Olympics.

So now what do you have to say for yourself PowerStroker? It must have been Bush's fault Chicago is going bust right? Total BS.



__________________

What is to give light must endure burning -- Viktor Frankl

 

 
SELLC


CERTIFIED POST WHORE

Status: Offline
Posts: 16301
Date:
Permalink  

So PowerStroker....

Please tell us where the people of Chicago were going to get this money to host the Olympics? You don't feel that Obama was setting the people of Illinois up for a HUGE debt?

Would Chicago just simpily "Not Paid" security detail like they have everything else? How would that look on international TV? It would be a national disaster, and proof further that Obama wastes a lot of time on things that do not offer a return.

Because he hails from Chigago he wanted the Olympics held there. It didn't matter Chicago was near bust, he wanted it. Same thing goes with this crappy healthcare that we are all going to have to jump thru hoops for. The American people did not want another debt, but Obama is going to give them one.

Imagine that.... For the FIRST TIME in American history all Americans will be taxed for excersizing their freedom of choice. Whats next? A new President I hope!



__________________

What is to give light must endure burning -- Viktor Frankl

 

 
PowerStroker


UNSTOPPABLE!

Status: Offline
Posts: 6491
Date:
Permalink  

You do realize Obama doesn't run the city of Chicago don't you?

I would imagine the Federal Government would shell out some cash to whichever city hosted the Olympics.

__________________

 

https://djtrumplibrary.com/
SELLC


CERTIFIED POST WHORE

Status: Offline
Posts: 16301
Date:
Permalink  

Oh, so the Federal Government would have ended up with the tab for the Olympics that were held in Chicago? You think that is fair?

What money does the Federal Government have to shell out for the Olympics? Or was all that stuff Obama was saying in 2008 to get elected hot air? 

__________________

What is to give light must endure burning -- Viktor Frankl

 

 
PowerStroker


UNSTOPPABLE!

Status: Offline
Posts: 6491
Date:
Permalink  

SELLC wrote:

Oh, so the Federal Government would have ended up with the tab for the Olympics that were held in Chicago? You think that is fair?


I think the Government is the means through which we citizens exercise our power.  If it is a desire of the majority of Americans to host the Olympics... And we are willing to pay the cost for doing so, then by all means should our elected representatives in government work to make that happen.

I think most Americans happen to like hosting the Olympics.

 



__________________

 

https://djtrumplibrary.com/
SELLC


CERTIFIED POST WHORE

Status: Offline
Posts: 16301
Date:
Permalink  

I dont recall the question ever being "Do Americans like to host the Olympics"....

I think the question was "Can Chicago Illinois afford to host it". Both then, now or even in the future?

__________________

What is to give light must endure burning -- Viktor Frankl

 

 
SELLC


CERTIFIED POST WHORE

Status: Offline
Posts: 16301
Date:
Permalink  

I hope Shitcago goes Bankrupt! Or even better yet I hope the citizens of Chicago siege the government when they raise taxes.

And to think Chicago actually thought they had enough class to host the Olympics! Bwahahahahahaha!

The world saw right thru the bullshit there and shut down the "Political Machine" in Chicago. I wish I could have been there to see them spit in Obama's face! In the end it turned out to be another Obama vacation at the tax payers expense! 

__________________

What is to give light must endure burning -- Viktor Frankl

 

 
SELLC


CERTIFIED POST WHORE

Status: Offline
Posts: 16301
Date:
Permalink  

It would appear to me, by the numbers anyway; that Chicago Illinois is deeper underwater than Detroit!

Of course the population is much stronger than Detroits 700,000 people, but you have to wonder if Rham was moved there for a reason. Perhaps the major shock of Detroit going Bankrupt will just set the stage and lessen the blow for when Chicago Illinois rolls over.

http://autotrend.activeboard.com/forum.spark?aBID=91042&p=3&topicID=54281205



__________________

What is to give light must endure burning -- Viktor Frankl

 

 
SELLC


CERTIFIED POST WHORE

Status: Offline
Posts: 16301
Date:
Permalink  

HOLY SHIT!

Check that link from MSNBC! The article has been removed! LOL!

So I guess all is well in Chicago, or MSNBC is no longer a credible news desk! Man... That's wack! That's the problem with electronic news... History can be changed much easier!



__________________

What is to give light must endure burning -- Viktor Frankl

 

 
SELLC


CERTIFIED POST WHORE

Status: Offline
Posts: 16301
Date:
Permalink  

Yep... Just another example of Democrat mismanagement of funds! Apparently Illinois will be handing out IOU's to any lottery winners that exceed $600 in winnings!

Also, $560 million in Pension payments will be withheld..

Did I mention that Chicago is also raising it's taxes?

http://www.msn.com/en-us/news/us/illinois-gives-lottery-winners-ious/ar-AAfsl1i?ocid=spartandhp

How's that hope and change working for you Democrats?

__________________

What is to give light must endure burning -- Viktor Frankl

 

 
SELLC


CERTIFIED POST WHORE

Status: Offline
Posts: 16301
Date:
Permalink  

Trump is going to snatch power from the Democrats in Chicago like Rick Snyder snatched power from the Democrats in Detroit!

http://www.cnn.com/2017/01/24/politics/donald-trump-chicago-carnage/index.html?adkey=bn

I been saying it for years! Trump staff must really be reading this website!



__________________

What is to give light must endure burning -- Viktor Frankl

 

 
stoma


Member

Status: Offline
Posts: 1459
Date:
Permalink  

REX YOU DONT EVEN PAY YOUR TAXES YOU PIECE OF SHIT!!!!!!!!!!!!!!!!!!! YOU AND YOUR FAMILY ARE MILKIN THE SYSTEM AND TRUMP NEEDS TO PUT AN END TO THIS SHIT TO YOU PEOPLE ARE DOIN!!!!!!!!!!!!!

__________________

LIKE A PHOENIX RISING FROM THE ASHES.................... HERE TO SHIT ON REX!!!!!!!!!!!!!!!
SELLC


CERTIFIED POST WHORE

Status: Offline
Posts: 16301
Date:
Permalink  

I have been paying a $3k self employment tax for many years, also pay almost $2500 a year in property taxes, also pay many other taxes.

If you want to eat the corn out of my $hit, I'll be more than happy to show you proof Stoma! Until then how about you keep your wild imagination at bay? 

You have been quite for some time Stoma, did the Dr. recently change your medication or something?



__________________

What is to give light must endure burning -- Viktor Frankl

 

 
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
Auto-Trend Repairs and Service Information Forums -> Money, Business, Technology and Politics -> Illinois close to becoming insolvent! Obamanomics 101


Create your own FREE Forum
Report Abuse 		Powered by ActiveBoard