IS IT TRUE JUNE 21, 2017

first_imgFacebookTwitterCopy LinkEmailShare IS IT TRUE that the City of Evansville should do a bit more than shrug their shoulders and accept the price increases associated with the elementary but expensive error that was made in designing the width of the North Main Street improvement project?…there are ways to leverage the insurance and bonding that the construction company(s) must have been required to have to get this job?..if relief for this idiotic oversight is not sought we can assume that the stupid mistake was an inside job?…in that case maybe the city should sue its own insurance company for the failures of staff?IS IT TRUE that the State of Illinois’ financial problems keep mounting up in a way that could challenge every public employee in the state when it comes to benefits?…the number of dollars that Illinois is behind when it comes to funding pensions is so large that the zeros may not fit on the page?…another problem Illinois is facing is whether or not they are going to be able to keep the Illinois State Lottery open if they can’t pay the past winners or be trusted to hold the money for the current lotteries without having creditors pounce on it before any winnings can be paid out?…it takes a very special kind of stupid to lose money on a legalized monopoly that is no different than a numbers racket?…it looks like the State of Illinois is that special kind of stupid in a collective action sort of way?IS IT TRUE that the way a lottery works is so unbelievably one sided that most any halfwit who could get permission to run one just once the way the state does could retire to paradise?…for every billion dollars that is spent on lottery tickets the distribution goes something like this?…$100 Million goes to the state to pay for running the lottery?…half of the sales or $500 Million goes into the prize money pool and the other $400 Million goes to the state too?…right off the top the State of Illinois collects 50% of all of the proceeds of the lottery?…the winnings are of course taxable so in most cases about 35% of the winnings go to the federal government with the states taxing winnings at their own rate?…in the case of Illinois that amounts to 3.75%?…when it all shakes out for every Billion dollars wagered, the State of Illinois collects $518,750,000, the federal government collects $175,000,000 and the lucky winner takes home $306 Million (30.6%) of what was wagered?…we are totally mystified how a state could possibly be managed so poorly to put their cash cow lottery into danger?…lotteries are not called a suckers game for nothing?…this may be the face of things to come with states failing to meet their obligations the old fashioned way?IS IT TRUE that the City of Evansville also have major deficit problems with city employees Healthcare benefits?  …could the deficit for this year be $7 million to $8 million dollars?IS IT TRUE the City of Evansville lost $3 million dollars on the ZOO last year?  …we expect the Zoo to do similar this year? …in order to attempt to generate more revenue for the Zoo our City officials are now planning to build a $6 to $8 million “Penguin” exhibit?  …all we can say about this proposed revenue generating move by the City is “WOW”?IS IT TRUE we feel that Vanderburgh County Coroner Steve Lockyear is doing an outstanding job?  …Mr. Lockyear has taken the Vanderburgh County Coroner job to the next level?  ,,,the bottom line is that Mr. Lockyear is a “Good Steward Of The Public Trust”?Todays “READERS POLL” question is: Do you feel that someone should be held accountable for the major mistake made in redesigning the $18 million dollar North Main project?EDITORS FOOTNOTE:  Any comments posted in this column doesn’t represents the views or opinions of our advertisers.last_img read more