Jim covered Congress and The White House during the George W. Bush administration for The Washington Times, and worked as a reporter, editorial writer and columnist for newspapers in Pennsylvania, Virginia, and California. He has appeared on the Fox News Channel, CNN, MSNBC, C-Span, and many local and national talk radio shows to talk politics and policy.
Latest posts by Jim Lakely (see all)
The Land of Lincoln’s state treasurer yesterday informed Gov. Pat Quinn (D) that anyone stupid enough to lend money to Illinois would be taking a “major risk.”
“If I need to send letters to the rating companies to tell them the treasurer of Illinois is opposed to more borrowing, I’m going to do that,” said Republican Treasurer Dan Rutherford.
Quinn, as is typical, was as defiant as a teenager throwing a fit that daddy took away the keys to the Mercedes.
Quinn, a Democrat, warned that without borrowing vendors and service providors would be left unpaid. In a statement, he challenged Rutherford to identify schools, state vendors and non-profits that should “continue to operate — or close their doors — while they wait for payment from the state.”
The backlog of unpaid bills will reach $8 billion by July, Comptroller Judy Baar Topinka recently estimated.
Of course. There’s nothing to cut … except schools and non-profits. Does anyone buy this scam anymore?
Quinn squeaked by his election as governor in 2010 with less than 1 percent of the vote. So the poor people of Illinois are stuck with a governor who crams his fingers in his ears when he’s being told by everyone who is not a lackey that Illinois is broke.