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NIU and other state schools downgraded to junk bond status
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DogPoundNorth Offline
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Post: #21
RE: NIU and other state schools downgraded to junk bond status
(06-29-2017 04:07 PM)Ken Barna Wrote:  Dear Huskies,
Just read two articles about the financial mess for the State of Illinois. After reading through this part of your blog, even with donations from all of the people that may donate, can you really raise millions of dollars from private individuals? Also, does your school as well as others in the State have the possibility of shutting down?

NIU won't shut down
06-29-2017 04:11 PM
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NIU1981 Offline
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Post: #22
RE: NIU and other state schools downgraded to junk bond status
NIU has been operating on a starvation diet for three years now, going from $91 million in state funding to something like $25 million. The administration has spent that time adjusting the university to that economic reality.
06-29-2017 04:43 PM
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Skinut Offline
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Post: #23
RE: NIU and other state schools downgraded to junk bond status
Holy Crap Batman! The House is actually going to pass a budget today.
06-30-2017 10:27 AM
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sportsfan Offline
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Post: #24
RE: NIU and other state schools downgraded to junk bond status
(06-30-2017 10:27 AM)Skinut Wrote:  Holy Crap Batman! The House is actually going to pass a budget today.

does not mean anything. Senate has to pass the exact same thing and Rauner is holding the state hostage because he won't sign it and not enough votes to override it. He's as bad as Madigan. Hope I'm wrong.
(This post was last modified: 06-30-2017 10:51 AM by sportsfan.)
06-30-2017 10:50 AM
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niu79 Offline
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Post: #25
RE: NIU and other state schools downgraded to junk bond status
(06-30-2017 10:50 AM)sportsfan Wrote:  
(06-30-2017 10:27 AM)Skinut Wrote:  Holy Crap Batman! The House is actually going to pass a budget today.

does not mean anything. Senate has to pass the exact same thing and Rauner is holding the state hostage because he won't sign it and not enough votes to override it. He's as bad as Madigan. Hope I'm wrong.

Just a rhetorical question, but if Rauner won't sign Madigan's budget, then how does that make him as bad as Madigan?

Anyways, the bill requires 3/5th's approval because they missed the May 31 date, meaning it will have bi-partisan approval which will tip Rauner's hand. This budget will not fix Illinois problems because it fails to address the structural issues that got us here in the first place. It will look good from a PR standpoint to not fall into junk bond status, but that's about it. The underlying problems are going to continue to get worse.
06-30-2017 11:08 AM
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klake87 Offline
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Post: #26
RE: NIU and other state schools downgraded to junk bond status
(06-30-2017 11:08 AM)niu79 Wrote:  
(06-30-2017 10:50 AM)sportsfan Wrote:  
(06-30-2017 10:27 AM)Skinut Wrote:  Holy Crap Batman! The House is actually going to pass a budget today.

does not mean anything. Senate has to pass the exact same thing and Rauner is holding the state hostage because he won't sign it and not enough votes to override it. He's as bad as Madigan. Hope I'm wrong.

Just a rhetorical question, but if Rauner won't sign Madigan's budget, then how does that make him as bad as Madigan?

Anyways, the bill requires 3/5th's approval because they missed the May 31 date, meaning it will have bi-partisan approval which will tip Rauner's hand. This budget will not fix Illinois problems because it fails to address the structural issues that got us here in the first place. It will look good from a PR standpoint to not fall into junk bond status, but that's about it. The underlying problems are going to continue to get worse.
Stop making sense. We need a constitutional convention to make real change. Problem is Madigans would control anyway
06-30-2017 01:18 PM
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murph83 Online
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Post: #27
RE: NIU and other state schools downgraded to junk bond status
Junk bond status arrives at midnight. The legislature will not vote on the budget tonight. If legislators cared more about the state than themselves, they would do everything possible to sit down and pass a budget. Thanks, fellas, for allowing the state to go to hell. Both parties are to blame. Selfish bastards.
06-30-2017 02:48 PM
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sportsfan Offline
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Post: #28
RE: NIU and other state schools downgraded to junk bond status
(06-30-2017 11:08 AM)niu79 Wrote:  
(06-30-2017 10:50 AM)sportsfan Wrote:  
(06-30-2017 10:27 AM)Skinut Wrote:  Holy Crap Batman! The House is actually going to pass a budget today.

does not mean anything. Senate has to pass the exact same thing and Rauner is holding the state hostage because he won't sign it and not enough votes to override it. He's as bad as Madigan. Hope I'm wrong.

Just a rhetorical question, but if Rauner won't sign Madigan's budget, then how does that make him as bad as Madigan?

Anyways, the bill requires 3/5th's approval because they missed the May 31 date, meaning it will have bi-partisan approval which will tip Rauner's hand. This budget will not fix Illinois problems because it fails to address the structural issues that got us here in the first place. It will look good from a PR standpoint to not fall into junk bond status, but that's about it. The underlying problems are going to continue to get worse.

Rauner is as bad as Madigan in that other Republicans are afraid to vote for even a balanced budget if told not to by the Gov. He has already made it clear that if you don't side with him, he'll throw his money at another Rep who will come the next election. Controls the state even without a majority in either house. Actually, pretty crafty if you have the money to throw away and he does. We are doomed.
06-30-2017 03:27 PM
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JoeNovak Offline
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Post: #29
RE: NIU and other state schools downgraded to junk bond status
(06-30-2017 03:27 PM)sportsfan Wrote:  
(06-30-2017 11:08 AM)niu79 Wrote:  
(06-30-2017 10:50 AM)sportsfan Wrote:  
(06-30-2017 10:27 AM)Skinut Wrote:  Holy Crap Batman! The House is actually going to pass a budget today.

does not mean anything. Senate has to pass the exact same thing and Rauner is holding the state hostage because he won't sign it and not enough votes to override it. He's as bad as Madigan. Hope I'm wrong.

Just a rhetorical question, but if Rauner won't sign Madigan's budget, then how does that make him as bad as Madigan?

Anyways, the bill requires 3/5th's approval because they missed the May 31 date, meaning it will have bi-partisan approval which will tip Rauner's hand. This budget will not fix Illinois problems because it fails to address the structural issues that got us here in the first place. It will look good from a PR standpoint to not fall into junk bond status, but that's about it. The underlying problems are going to continue to get worse.

Rauner is as bad as Madigan in that other Republicans are afraid to vote for even a balanced budget if told not to by the Gov. He has already made it clear that if you don't side with him, he'll throw his money at another Rep who will come the next election. Controls the state even without a majority in either house. Actually, pretty crafty if you have the money to throw away and he does. We are doomed.

Madigan is THE problem with the Illinois and the budget crisis. He created this mess and his plan on getting us out? More and more taxes.
If you have the time....watch this enlightening video on Madigan. It shows how big of a crook he is.
https://www.youtube.com/watch?v=ZgVP3H122nw
06-30-2017 07:56 PM
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NIUSox10 Online
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Post: #30
RE: NIU and other state schools downgraded to junk bond status
(06-30-2017 07:56 PM)JoeNovak Wrote:  
(06-30-2017 03:27 PM)sportsfan Wrote:  
(06-30-2017 11:08 AM)niu79 Wrote:  
(06-30-2017 10:50 AM)sportsfan Wrote:  
(06-30-2017 10:27 AM)Skinut Wrote:  Holy Crap Batman! The House is actually going to pass a budget today.

does not mean anything. Senate has to pass the exact same thing and Rauner is holding the state hostage because he won't sign it and not enough votes to override it. He's as bad as Madigan. Hope I'm wrong.

Just a rhetorical question, but if Rauner won't sign Madigan's budget, then how does that make him as bad as Madigan?

Anyways, the bill requires 3/5th's approval because they missed the May 31 date, meaning it will have bi-partisan approval which will tip Rauner's hand. This budget will not fix Illinois problems because it fails to address the structural issues that got us here in the first place. It will look good from a PR standpoint to not fall into junk bond status, but that's about it. The underlying problems are going to continue to get worse.

Rauner is as bad as Madigan in that other Republicans are afraid to vote for even a balanced budget if told not to by the Gov. He has already made it clear that if you don't side with him, he'll throw his money at another Rep who will come the next election. Controls the state even without a majority in either house. Actually, pretty crafty if you have the money to throw away and he does. We are doomed.

Madigan is THE problem with the Illinois and the budget crisis. He created this mess and his plan on getting us out? More and more taxes.
If you have the time....watch this enlightening video on Madigan. It shows how big of a crook he is.
https://www.youtube.com/watch?v=ZgVP3H122nw

State pensions are out of control. Time to nix it and go to a 401k like the private sector. Freeze pension vesting now and any new employee gets enrolled in the 401k, with the current retirees grandfathered in since they were counting on it.
06-30-2017 09:44 PM
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prairiedawg Offline
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Post: #31
RE: NIU and other state schools downgraded to junk bond status
(06-30-2017 07:56 PM)JoeNovak Wrote:  
(06-30-2017 03:27 PM)sportsfan Wrote:  
(06-30-2017 11:08 AM)niu79 Wrote:  
(06-30-2017 10:50 AM)sportsfan Wrote:  
(06-30-2017 10:27 AM)Skinut Wrote:  Holy Crap Batman! The House is actually going to pass a budget today.

does not mean anything. Senate has to pass the exact same thing and Rauner is holding the state hostage because he won't sign it and not enough votes to override it. He's as bad as Madigan. Hope I'm wrong.

Just a rhetorical question, but if Rauner won't sign Madigan's budget, then how does that make him as bad as Madigan?

Anyways, the bill requires 3/5th's approval because they missed the May 31 date, meaning it will have bi-partisan approval which will tip Rauner's hand. This budget will not fix Illinois problems because it fails to address the structural issues that got us here in the first place. It will look good from a PR standpoint to not fall into junk bond status, but that's about it. The underlying problems are going to continue to get worse.

Rauner is as bad as Madigan in that other Republicans are afraid to vote for even a balanced budget if told not to by the Gov. He has already made it clear that if you don't side with him, he'll throw his money at another Rep who will come the next election. Controls the state even without a majority in either house. Actually, pretty crafty if you have the money to throw away and he does. We are doomed.

Madigan is THE problem with the Illinois and the budget crisis. He created this mess and his plan on getting us out? More and more taxes.
If you have the time....watch this enlightening video on Madigan. It shows how big of a crook he is.
https://www.youtube.com/watch?v=ZgVP3H122nw

Amen....Madigan has ruined this state. He is a despicable man. Any person that blames Rauner...like he created this epic mess in 3 years, is absolutely retarded.
06-30-2017 11:36 PM
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IWokeUpLikeThis Offline
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Post: #32
RE: NIU and other state schools downgraded to junk bond status
(06-29-2017 04:07 PM)Ken Barna Wrote:  Dear Huskies,
Just read two articles about the financial mess for the State of Illinois. After reading through this part of your blog, even with donations from all of the people that may donate, can you really raise millions of dollars from private individuals? Also, does your school as well as others in the State have the possibility of shutting down?
Chicago St & EIU are the only two in deep enough trouble to close down.
06-30-2017 11:44 PM
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huskie1stdown Offline
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Post: #33
RE: NIU and other state schools downgraded to junk bond status
(06-30-2017 11:36 PM)prairiedawg Wrote:  
(06-30-2017 07:56 PM)JoeNovak Wrote:  
(06-30-2017 03:27 PM)sportsfan Wrote:  
(06-30-2017 11:08 AM)niu79 Wrote:  
(06-30-2017 10:50 AM)sportsfan Wrote:  does not mean anything. Senate has to pass the exact same thing and Rauner is holding the state hostage because he won't sign it and not enough votes to override it. He's as bad as Madigan. Hope I'm wrong.

Just a rhetorical question, but if Rauner won't sign Madigan's budget, then how does that make him as bad as Madigan?

Anyways, the bill requires 3/5th's approval because they missed the May 31 date, meaning it will have bi-partisan approval which will tip Rauner's hand. This budget will not fix Illinois problems because it fails to address the structural issues that got us here in the first place. It will look good from a PR standpoint to not fall into junk bond status, but that's about it. The underlying problems are going to continue to get worse.

Rauner is as bad as Madigan in that other Republicans are afraid to vote for even a balanced budget if told not to by the Gov. He has already made it clear that if you don't side with him, he'll throw his money at another Rep who will come the next election. Controls the state even without a majority in either house. Actually, pretty crafty if you have the money to throw away and he does. We are doomed.

Madigan is THE problem with the Illinois and the budget crisis. He created this mess and his plan on getting us out? More and more taxes.
If you have the time....watch this enlightening video on Madigan. It shows how big of a crook he is.
https://www.youtube.com/watch?v=ZgVP3H122nw

Amen....Madigan has ruined this state. He is a despicable man. Any person that blames Rauner...like he created this epic mess in 3 years, is absolutely retarded.

+ 1million.
I hate Madigan with a passion.
07-01-2017 08:44 PM
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DogPoundNorth Offline
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Post: #34
RE: NIU and other state schools downgraded to junk bond status
You're all wrong
07-01-2017 10:27 PM
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SiegInc Offline
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Post: #35
RE: NIU and other state schools downgraded to junk bond status
The problem is that as long as the cess-pool known as 'Chicago' exists, all the voters there will keep Democratic cronies like Madigan perpetually entrenched in power when they should have been booted a long time ago. The Democratic model for economic prosperity is: increasing social assistance, over-bloated benefits for government/public sector jobs, kowtowing to unions and handing them whatever they ask for in exchange for their support, and then when it all comes crashing down their solution is to steal more money away from citizens to keep their unsustainable agenda chugging along.

The exodus taking place in this state will only be further expedited by raising taxes even higher. I wonder, when they were crunching numbers on how much more revenue they would get by shaking us down, if they accounted for all the additional people/businesses who are now going to move out of Illinois?
(This post was last modified: 07-05-2017 09:16 AM by SiegInc.)
07-05-2017 09:13 AM
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huskie1stdown Offline
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Post: #36
RE: NIU and other state schools downgraded to junk bond status
I can't wait to leave. I wish I could have been gone yesterday but unfortunately that isn't possible.
No Spending cuts, I know, let's raise taxes on the working people. 3 years and that is their solution. Bastards.
07-05-2017 09:33 AM
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niu79 Offline
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Post: #37
RE: NIU and other state schools downgraded to junk bond status
Madigan keeps his 40 year winning streak alive.

32% tax increase and zero reforms to address the underlying issues that got us here in the first place. Just lovely.

Will now be interesting to see what happens with STF's master plan now that the state "budget" will no longer be an issue, or should we say excuse.
07-05-2017 10:06 AM
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Post: #38
RE: NIU and other state schools downgraded to junk bond status
(07-05-2017 10:06 AM)niu79 Wrote:  Madigan keeps his 40 year winning streak alive.

32% tax increase and zero reforms to address the underlying issues that got us here in the first place. Just lovely.

Will now be interesting to see what happens with STF's master plan now that the state "budget" will no longer be an issue, or should we say excuse.

But now that people will be paying a lot more in income (and other) taxes, they will have even less to donate to the holy Master Plan.
07-05-2017 10:13 AM
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DogPoundNorth Offline
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Post: #39
RE: NIU and other state schools downgraded to junk bond status
(07-05-2017 10:13 AM)Dog Fan Wrote:  
(07-05-2017 10:06 AM)niu79 Wrote:  Madigan keeps his 40 year winning streak alive.

32% tax increase and zero reforms to address the underlying issues that got us here in the first place. Just lovely.

Will now be interesting to see what happens with STF's master plan now that the state "budget" will no longer be an issue, or should we say excuse.

But now that people will be paying a lot more in income (and other) taxes, they will have even less to donate to the holy Master Plan.

Could be worse, you could live in lake county Indiana
07-05-2017 10:15 AM
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Dog Fan Offline
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Post: #40
RE: NIU and other state schools downgraded to junk bond status
(07-05-2017 10:15 AM)DogPoundNorth Wrote:  
(07-05-2017 10:13 AM)Dog Fan Wrote:  
(07-05-2017 10:06 AM)niu79 Wrote:  Madigan keeps his 40 year winning streak alive.

32% tax increase and zero reforms to address the underlying issues that got us here in the first place. Just lovely.

Will now be interesting to see what happens with STF's master plan now that the state "budget" will no longer be an issue, or should we say excuse.

But now that people will be paying a lot more in income (and other) taxes, they will have even less to donate to the holy Master Plan.

Could be worse, you could live in lake county Indiana

That's my goal.
07-05-2017 10:19 AM
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