Friday, March 13, 2009

Belvidere’s unemployment 19.4% ---Northwest Herald | County unemployment worst since 1993

I have not seen this in our local paper yet—but do you believe that number 19.4%.  Click on the citation below to see the story:

Northwest Herald | County unemployment worst since 1993

To see more facts regarding Winnebago-Boone County numbers go to Rockford Register Star’s story at:  http://www.businessrockford.com/biznews/x599195211/Local-jobless-numbers-keep-rising

Here are some numbers for the area broken up by nation, county and cities.  Click on the chart to make it larger:

image

China’s Leader Says He Is ‘Worried’ Over U.S. Treasuries - NYTimes.com

Premier Wen’s two-hour news conference — by tradition, his only meeting with the media each year — was dominated by questions about the economy.  Perhaps things are changing regarding China’s feeling regarding US Treasuries or China may need to bring foreign investments back home to cope with their domestic economic crisis.

Click on the following to view the entire story:

China’s Leader Says He Is ‘Worried’ Over U.S. Treasuries - NYTimes.com

US urges a global economic fix | csmonitor.com

Ahead of the G-20 finance ministers’ meeting, Obama calls for allies to increase stimulus efforts – and meets a cool response.

To read more of this story, click on the following citation:

US urges a global economic fix | csmonitor.com

Illinois income tax rate may rise by 50% -- chicagotribune.com

In a Tribune exclusive, Governor Quinn is mulling over increasing the state income tax from 3% to 4.5% with personal exemption increasing from $2000 to $6000.

Click on the following to read the story:

Illinois income tax rate may rise by 50% -- chicagotribune.com

Quinn_50_Percent_Inc_Tax_Hike_Headline_Trib_3-13-9

Last Friday when the Chicago Tribune headlined Governor Pat Quinn's plan to raise the state income tax 50%, former Governor Rod Blagojevich issued an “I told you so” press release;

“When Pat Quinn and I ran as a ticket we promised the people not to raise their income taxes. For six years, I kept that promise. It took him less than six weeks to break it.”

Rep Wait’s ‘Bachman’s Law’

wait's law

FBI finds nothing for 2 out of 3 who seek records

Great story, great fun.  Whether you are for or against FOIA requests this story should supply some laughter.

Click on the citation below, to read the story: 

FBI finds nothing for 2 out of 3 who seek records