Wednesday, June 3, 2009

In Overhaul, G.M. May Look to Its Far-Flung Arms - NYTimes.com

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Unlike G.M.’s United States business, these operations have been growing. Sales increased 10 percent last year in Brazil, 9 percent in India and 6 percent in China. Recent numbers in some areas are even better — G.M.’s sales in the Asia Pacific region were up 44 percent in May compared with the year before.

In Overhaul, G.M. May Look to Its Far-Flung Arms - NYTimes.com

Groups still waiting on capital plan funding - Rockford, IL - Rockford Register Star

Here is Boone County’s projects in the $29 billion state plan for capital improvement.  Remember  Governor Quinn has promised not to sign this legislation until a balanced budget is passed .  And of course that budget will have to detail how the interest and principle on all of the $29 billion will be repaid.

Boone County
Belvidere — $310,000 for land acquisition for a downtown transportation center and $150,000 for a street sweeper and capital improvements.
Boone County — $200,000 for county administration center renovation and $150,000 for capital improvements.
Poplar Grove — $100,000 for construction of low flow channels and $100,000 for capital improvements.
Capron — $100,000 for a new well and well house and $40,000 for capital improvements.
Belvidere Park District — $100,000 for capital improvements.
Boone County Council on Aging — $50,000 for capital improvements.
Candlewick Lake Association — $50,000 for capital improvements.
Spring Township — $50,000 for capital improvements.
Belvidere Township — $40,000 for highway improvements.
Caledonia — $30,000 for capital improvements.
Timberlane — $30,000 for capital improvements.
Bonus Township — $30,000 for capital improvements.
Boone Township — $30,000 for capital improvements.
Leroy Township — $30,000 for capital improvements.
Poplar Grove Township — $30,000 for capital improvements

Click on the following to find the other details affecting our areaGroups still waiting on capital plan funding - Rockford, IL - Rockford Register Star

What’s next? McHenry County’s Treasurer pays to advertize that real estate taxes are due.

If you think things are crazy in Boone County—paying this kind of money for advertizing a tax due date in McHenry County is really crazy.  I’m sure it is only a sign of the times—but does it make financial sense?

An acknowledgement and thank you to Cal Skinner at:  www.mchenrycountyblog.com    Another most interesting article.  The graphics are wonderful. 

 

LeFew Pays for Stickers on Northwest Herald

As you can see, McHenry County Treasurer paid the Northwest Herald to put a

Don't Forget
REAL ESTATE
TAXES DUE
JUNE 4TH
Got Questions?
Call 815-335-4260
McHenry County Treasurer
William LeFew

Wonder how much it cost?
This appeared before the robo calls from Washington, D.C., that people received last Saturday—The taxman calleth

The Taxman Calleth

A Crystal Laker got a phone call from McHenry County Treasurer (and Tax Collector) Bill LaFew today.

It was a robo call from Washington, D.C., caller ID said. The number was 202-495-7118.
LeFew wanted to remind my friend that property taxes are due on June 4th.
There are two ways to look at this.
Cynic that I am, I'll look at the political side first.
It's another way to try to convince people that he is helpful less than a year before what could be a hard-fought GOP primary campaign, if McHenry County State's Attorney Lou Bianchi's supporters and financiers are in a vindictive mood for what LeFew did to oust him.
The other way of looking at it is that LeFew was being helpful.
In any event, this is the first time I have seen this technique used.
I wonder what it cost and who paid for it.

Why taxpayers won’t get return on GM investment | csmonitor.com

 

America will own a majority of GM, but for now it may be more accurate to say that GM owns a piece of every American taxpayer.

Why taxpayers won’t get return on GM investment | csmonitor.com

Brace yourself: Interest rates likely to climb higher | csmonitor.com

 

The interest rate on a 10-year Treasury note has gone from 2.93 percent in April to 3.68 percent Monday. That’s an extraordinary surge in just a few weeks.

Mr. Cosgrove forecasts that the Treasury’s borrowing cost on 10-year notes will rise over the next 12 months to 4.5 percent.

two main reasons for the recent jump in interest rates:  fear factor is starting to fade form the global economy; huge supply of Treasury debt coming on the market

Read more by clicking on the following:  Brace yourself: Interest rates likely to climb higher | csmonitor.com