Free Stock Charts, Stock Quotes and Trade Ideas. TRX. Wolfgangrene's charts. Futures. Illinois Has Days to Plug $13 Billion Deficit That Took Years to Produce. Illinois lawmakers will try this week to accomplish in a few days what they have been unable to do in the past two years -- resolve the state’s worst financial crisis.
The legislative session that began today as the House convened will take aim at a budget deficit of at least $13 billion, including a backlog of more than $6 billion in unpaid bills and almost $4 billion in missed payments to underfunded state pensions. The fiscal mess is largely of the lawmakers’ own making, and failure to address the shortages threatens public schools, local governments and other public services, said Dan Hynes, the state’s outgoing comptroller. “We’ve reached a very critical and concerning point,” Hynes said in an interview in his Chicago office, with packing boxes stacked in the corner. Connected Money Will Reposition As OPM Does the Heavy Lifting.
While the US and its monetary supports continue whistling past the graveyard in regards to the U.S. dollar (US Dollar Seen Rising In 2011 After 2010) their headline rhetoric continues to obscure reality.
The upside breach of the short-term downtrend in WA (see chart below) implies a resumption of the downtrend. Connected money, done beating the grass to startle the snakes - particularily the impressionable retail snakes, will begin repositioning as other people's money (OPM) does the heavy lifting during the markdown phase. U.S. Gold Action for 12-8-2006. Gasoline and Diesel Fuel Update.