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New York State Budget Balanced
With Gimmicks, Study Says
Bloomberg, by Henry Goldman
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Original Article
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Posted By:fca, 12/18/2012 11:18:14 AM
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New York state relies on gimmicks and nonrecurring revenue to pay for rising pension costs and the most-generous Medicaid benefits in the U.S., said a group led by former Federal Reserve Chairman Paul Volcker and former Lieutenant Governor Richard Ravitch.. Annual pension contributions may increase 31 percent .. Retirement obligations and health care are outdistancing revenues at an ever-increasing pace .. To balance New York’s budget, state officials have relied on about $25 billion in nonrecurring, or “one-shot,” revenue actions, over the past 10 years
Headline resplit to site style by staff
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Comments:
Almost as bad as Illinois and California ?
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Reply 1 - Posted by:
veritas, 12/18/2012 11:36:52 AM (No. 9072628)
Police Captain Louis Renault remains indifferent, has no comment.
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Reply 2 - Posted by:
engrpat, 12/18/2012 11:57:07 AM (No. 9072681)
What´s the big deal? Democrats don´t need budgets, ask Harry Reid he hasn´t passed one in four years and the Federal Government is still spending. No problem that I can see.
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Reply 4 - Posted by:
sternben, 12/18/2012 4:18:04 PM (No. 9073146)
There is nothing new about this subterfuge. It has been a regular feature of the NY finagle.
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Reply 5 - Posted by:
NYbob, 12/18/2012 5:51:07 PM (No. 9073283)
They think Bernacke is going to bail them out with another blank check from the Fed. NY could frack for gas, but the corrupt NYC politicians who run the state don´t want to. These idiots are only slightly ahead of the whole country in terms of running smack into bankruptcy.
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Reply 6 - Posted by:
Trigger2, 12/19/2012 5:06:49 AM (No. 9073717)
Well, the article certainly got it right about the most-generoud Medicaid benefits in the U.S. It even pays for baby and adult diapers. As for the budget, NY´s famous gimmick is to raise county contributions to the gold plated pension system, which is why counties are going broke. A friend of mine retired from the state and he makes more money retired than he ever did working and pays nothing for medical costs.
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Below, you will find ...
Most Recent Articles posted by "fca"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "fca"
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New York Times puts Boston
Globe up for sale again
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Reuters, by Jennifer Saba
Original Article
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Posted By: fca- 2/21/2013 12:39:07 PM
Post Reply
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The New York Times Co is putting The Boston Globe on the auction block for a second time as it seeks to focuses solely on growing its flagship newspaper, the company said on Wednesday. The sale, which will also include the Worcester Telegram & Gazette, is expected to come at a big loss for subscribers and advertisers .. the Globe could fetch about $150 million. The New York Times paid $1.1 billion for the newspaper in 1993.
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Powerful snowstorm bears down
on western United States
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Reuters, by Keith Coffman
Original Article
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Posted By: fca- 2/21/2013 10:18:10 AM
Post Reply
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The leading edge of a large, powerful winter storm descended on the western United States on Wednesday, dropping snow as far south as Tucson, Arizona, and snarling evening rush-hour traffic in Denver. Snowfall sweeping the southeastern corner of Arizona blanketed the saguaro cactus-studded high desert with several inches of white stuff, leading the Professional Golfers´ Association to cancel play at a tournament near Tucson. "I don´t think I have (ever seen anything like this), to be honest," competitor Ian Poulter
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New England fishermen protest
federal regulations in letter
to Congress
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Fox News, by Staff
Original Article
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Posted By: fca- 2/20/2013 12:52:22 PM
Post Reply
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New England fishermen facing a dire future for their industry asked Congress in a letter Tuesday for immediate help surviving deep and impending cuts to their catch limits. The letter, signed by 173 fishermen in ports from Connecticut to Maine, came as the industry prepares for May 1 catch reductions that fishermen warn could finish off the fleet. A 77 percent cut in the catch limit for cod in the Gulf of Maine and
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New York State Budget Balanced
With Gimmicks, Study Says
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Bloomberg, by Henry Goldman
Original Article
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Posted By: fca- 12/18/2012 11:18:14 AM
Post Reply
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New York state relies on gimmicks and nonrecurring revenue to pay for rising pension costs and the most-generous Medicaid benefits in the U.S., said a group led by former Federal Reserve Chairman Paul Volcker and former Lieutenant Governor Richard Ravitch.. Annual pension contributions may increase 31 percent .. Retirement obligations and health care are outdistancing revenues at an ever-increasing pace .. To balance New York’s budget, state officials have relied on about $25 billion in nonrecurring, or “one-shot,” revenue actions, over the past 10 years
Headline resplit to site style by staff
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Jews advised to
keep faith symbols hidden
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Copenhagen Post, by PS
Original Article
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Posted By: fca- 12/16/2012 11:10:55 AM
Post Reply
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A Jewish faith organisation has received 37 reports of possible anti-Semitic harassment so far this year. Jews in Denmark are advised to avoid wearing the Star of David or the religious headpiece, the kippah, in public according to advice given out by the Israeli Embassy and Jewish faith groups. Israel’s ambassador, Arthur Avon.. We advise Israelis who travel here and want to go to the synagogue that they should only put their kippah on once they are inside.. They shouldn’t wear them on the street, even in areas that are considered safe.
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Most Active Articles (last 48 hours)
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Former British prime minister
Baroness Thatcher dies peacefully at the age
of 87 after suffering a massive stroke
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Daily Mail [UK], by James Nye
Original Article
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Posted By: Attercliffe- 4/8/2013 8:55:39 AM
Post Reply
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Margaret Thatcher, the first female British Prime Minister who gained worldwide renown as the Iron Lady has died aged 87. Developing a formidable partnership with President Ronald Reagan during the 1980s, Mrs. Thatcher stood up to the ´Evil Empire´ of the Soviet Union, eventually witnessing its collapse. [Snip] Responding to her death, Buckingham Palace said, ´The Queen is sad to hear the news of the death of Baroness Thatcher and Her Majesty will be sending a private message of sympathy to the family, Buckingham Palace said today.´ British Prime Minster David Cameron said on hearing of her passing, ´It was
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Obama says he´s ´determined
as ever´ for gun bill
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Associated Press, by Nedra Pickler
Original Article
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Posted By: Desert Fox- 4/8/2013 10:27:49 PM
Post Reply
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HARTFORD, Conn. -- With time running out on the chance to pass gun control legislation, President Barack Obama on Monday warned Congress not to use delaying tactics against tighter regulations and told families of the Sandy Hook Elementary School shooting victims that he´s "determined as ever" to honor their children with tougher laws. Obama´s gun control proposals have run into resistance on Capitol Hill, leaving their fate in doubt. Efforts by Senate Democrats to reach compromise with Republicans over expanding required federal background checks have yet to yield an agreement, and conservatives were promising to try
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Kim Jong-un Wants Phone
Call from Obama - report
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Korea Broadcast Service, by Staff
Original Article
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Posted By: Desert Fox- 4/8/2013 6:56:50 AM
Post Reply
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North Korea’s young leader Kim Jong-un is waiting for United States President Barack Obama to make a phone call to Pyongyang to discuss easing tensions on the Korean peninsula, according to Russia’s news agency Itar-Tass. The report cited United Kingdom diplomats, saying Pyongyang was demanding the U.S. president personally call Kim Jong-un as one of the conditions to relieve the current conflict at hand. Itar-Tass also quoted the U.K.’s Sky News as saying North Korea currently has eight nuclear warheads.
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The most shocking news
you won´t see in the MSM today
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American Thinker, by Thomas Lifson
Original Article
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Posted By: magnante- 4/9/2013 11:49:09 AM
Post Reply
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The murder trial of abortionist Kermit Gosnell largely is being ignored by the mainstream media, even in the face of grisly testimony, such as what we heard yesterday. Life News reports: ...a former employee described how she heard a baby scream during a live-birth abortion. Abortion clinic employee Sherry West described an incident which "really freaked (her) out" and related to the jury how she heard a child who was born alive following an abortion scream.
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´Mickey Mouse Club´ star
Annette Funicello dies at 70
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Los Angeles Times, by Dennis McLellan
Original Article
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Posted By: JoniTx- 4/8/2013 1:18:00 PM
Post Reply
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Annette Funicello, the dark-haired darling of TV´s “The Mickey Mouse Club” in the 1950s who further cemented her status as a pop-culture icon in the ´60s by teaming with Frankie Avalon in a popular series of “beach” movies, died Monday. She was 70. Funicello, who was diagnosed with multiple sclerosis in 1987 and became a spokeswoman for treatment of the chronic, often-debilitating disease of the central nervous system, died at Mercy Southwest Hospital in Bakersfield, Walt Disney Co. spokesman Howard Green said. Funicello and her husband, Glen Holt, had moved from
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White House: Planned GOP
gun filibuster cowardly
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Washington Times, by Dave Boyer
Original Article
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Posted By: Dreadnought- 4/8/2013 11:08:31 PM
Post Reply
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Beginning a week of high pressure on gun control, the White House on Monday accused some Republican senators of cowardice for planning to filibuster gun legislation without allowing the full Senate to vote on President Obama’s initiatives. “If they oppose this legislation, have the courage to say so on the floor and vote no,” said White House press secretary Jay Carney. “Don’t block it. Don’t hide behind a procedural action to prevent a vote. That’s the wrong thing to do, and that’s how the president clearly feels.”
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Chelsea Clinton doesn´t close
door to public office
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USA Today, by Catalina Camia
Original Article
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Posted By: jackson- 4/8/2013 10:23:20 AM
Post Reply
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Chelsea Clinton has raised her profile in the last few days, which sparked the inevitable question about the former first daughter´s future: Will she ever be like Mom and Dad and run for office? Clinton, 33, essentially said "maybe" in an interview that aired Monday on NBC´s Today show. "Right now I´m grateful to live in a city, a state and a country where I strongly support my mayor, my governor, my president and my senators and my representative," said Clinton, whose father, Bill, was president from 1993-2001 and her mother, Hillary
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Special ops veterans’ group
calls for select probe of
Benghazi attack
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Fox News, by Catherine Herridge
Original Article
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Posted By: JoniTx- 4/8/2013 7:00:09 AM
Post Reply
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More than 700 Special Operations veterans are urging members of Congress to back a select committee to investigate last year’s Benghazi terrorist attack, according to a letter first obtained by Fox News. The letter from the group, “Special Operations Speaks,” supports the appointment of a special committee tasked with the single mission of investigating the attack that left Ambassador Christopher Stevens and three other Americans dead, and shut down the CIA operation in an annex of the Benghazi consulate, in the Sept. 11, 2012 attack. “Congress must show some leadership and provide answers to the public
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Obama flying 11 relatives of Sandy Hook
victims to D.C. on Air Force One so
they can back gun control in person
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Associated Press, by Staff
Original Article
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Posted By: BuckeyeRon- 4/8/2013 4:05:18 PM
Post Reply
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President Barack Obama is bringing 11 relatives of those killed in the shooting at Connecticut´s Sandy Hook Elementary School to Washington on Air Force One on Monday so they can personally encourage senators to back gun legislation that faces tough opposition. A nonprofit organization that works with the families, Sandy Hook Promise, said that after Obama´s speech on gun control in Hartford, he is flying with relatives of seven children and one staffer killed during December´s massacre at the school. The White House says Obama is going to argue that lawmakers have an
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Updated: White House, McCain
blast Cruz for threatening
filibuster over guns
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Houston Chronicle, by Joanna Raines
Original Article
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Posted By: JoniTx- 4/8/2013 4:55:05 PM
Post Reply
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There was growing buzz over the weekend that a bipartisan agreement on gun control — a deal that would expand background checks — could hit the floor as early as this week. However, any deal could be derailed by the looming threat of a Republican filibuster involving Texas Sen. Ted Cruz. With Cruz standing proudly in the way of any gun legislation, Democrats are trying to make him pay a political price — and even a couple of high-profile Republicans are questioning his tactics.
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North Korea´s Army Is Full of Jumping,
Leaping, High-Kicking Martial Artists
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Atlantic, by Connor Simpson
Original Article
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Posted By: Pluperfect- 4/8/2013 5:48:23 AM
Post Reply
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Amid all of the very real threats of war and stuff from North Korea, you´d think American intelligence officers want as much video footage of the enemy as possible. Well, here is one video featuring North Korean exercises and Kim Jong-Un holding a gun, and we´ll say this: they certainly get points for presentation. Remember the clap-happy report from Dennis Rodman´s diplomatic basketball vacation? This video comes courtesy of the same Youtube channel that gave us that Rodman video. It appears to be the same state news channel.(Snip for video)This latest dispatch from North Korea´s state television
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Gay Connecticut couple accused
of raping adopted children
will face trial
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New York Daily News, by Erik Ortiz
Original Article
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Posted By: Drive- 4/8/2013 8:52:23 AM
Post Reply
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The case of a same-sex Connecticut couple accused of repeatedly raping and abusing two of their nine adopted boys is headed for trial. Married couple George Harasz and Douglas Wirth of Glastonbury were supposed to be sentenced Friday in Hartford Superior Court under a plea deal, but instead withdrew from their agreement with prosecutors. The men had already pleaded no contest in January to one felony count each of risk of injury to a minor — a reduction from even more serious charges related to sexual assault....
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