Vegas Free-for-All - UNLV may be forced to declare bankruptcy

MaddyHLVA

Feb 18, 2011
2:55am

Quote

Originally posted by: billryan
120 years would mean the borders were established in 1890. What school did we attend?

Got me forkie! Didnt look up the exact date... Wanted to put out a number that was later then earlier... Just watching my ass I guess.

Don

Feb 18, 2011
5:11am

Block User

Quote

Originally posted by: Number51

Quote
Originally posted by: surf87
Blackjesus and Don Diego may be onto something.

Blackjesus and DonDiego really seem to know their stuff.

Well, heck fire? Things is jes' beginnin' to turn bad; the worst is yet to come.

Governments at the Federal, State, and Local levels have promised more than they could, or can, deliver for years just expanding services and programs and wages and benefits and transfer programs and entitlements, . . . covering up the shortfall by adding debt. State Government retirement and health care packages are now collectively underfunded to the tune of $1 trillion.

And now even interest payments are beginning to add up to a significant piece of the budget; imagine if interest rates rise, . . . and interest rates usually do rise as an economy improves. But at least for a while longer the economy's pr'bly not going to improve. But that doesn't mean interest rates won't rise for other reasons.
The US dollar is declining; f'rinstance, the Canadian Dollar is worth more than a US Dollar now. If this persists foreign investors will hesitate to fund US borrowings until interest rates rise, . . . whether the economy improves or not.
But DonDiego digresses . . .

UNLV funding and other State fundings around the Country are gonna be affected by other things anyway.

The massive "stimulus spending" is pretty well over this year. And the States might well expect less help from the Federal Government now that Republicans control the House of Representatives.

And, there are additional burdens already scheduled to hit the State budgets soon by recent decrees of the Federal Government. F'rinstance, Obamacare. More than half of the health care coverage expansion under Obamacare is attained by placing Americans on Medicaid. That'll mean an estimated 20-million more folks on Medicaid by 2014; Medicaid will become the largest single-budget item for many State budgets.

And then there's . . . .
Well, never mind. What with the present Union demonstrations in Wisconsin - looks a lot like Greece, . . . and lots of sometimes violent demonstrations breaking out all over the Arab world - with those who were (are?) US allies on the defensive or already out (If the reader assumes that whatever replaces Hosni Mubarak will be a good thing for the USA he may need to revise his thinking), . . . and predicted food shortages worldwide (e.g. political mischief within the Ivory Coast may limit availability of Easter chocolate goodies), . . .

It all makes UNLVs budget problems look sorta insignificant, don't it?

mrmarcus12LVA

Feb 18, 2011
6:51am

Block User

Quote

Originally posted by: MaddyHLVA The USA-Mexican border has been written for over 120 years now so your comment is wrong nice try though.

Before you cry you LIBERAL bullshit.. As I look at my fingers typing I seen them as a nice light brown tone so

spear me the race card before you start it...

Human beings have inhabited the Pacific Coast of North America for at least 5,000 years.

But that "man on an island," Robinson Crusoe, my three favorite words are "I, me, and mine" stuff works for you, so...

And if I do ever play the race card, I won't do it pre-emptively and then blame someone else for it.

Genesis 3:9, 3:12

Quote
Originally posted by: DonDiego It all makes UNLVs budget problems look sorta insignificant, don't it?

Ummm, I'm going with the illegal immigrant conspiracy theory. Pushes all the right buttons for me.

malibber

Feb 18, 2011
8:14am

Block User

Amazing given all these fiscal problems that you have to go back to 1950 to find tax rates lower than they are today.

Quote

Originally posted by: DonDiego

Quote
Originally posted by: Number51
Quote
Originally posted by: surf87
Blackjesus and Don Diego may be onto something.

Blackjesus and DonDiego really seem to know their stuff.

Well, heck fire? Things is jes' beginnin' to turn bad; the worst is yet to come.

Governments at the Federal, State, and Local levels have promised more than they could, or can, deliver for years just expanding services and programs and wages and benefits and transfer programs and entitlements, . . . covering up the shortfall by adding debt. State Government retirement and health care packages are now collectively underfunded to the tune of $1 trillion.

And now even interest payments are beginning to add up to a significant piece of the budget; imagine if interest rates rise, . . . and interest rates usually do rise as an economy improves. But at least for a while longer the economy's pr'bly not going to improve. But that doesn't mean interest rates won't rise for other reasons.
The US dollar is declining; f'rinstance, the Canadian Dollar is worth more than a US Dollar now. If this persists foreign investors will hesitate to fund US borrowings until interest rates rise, . . . whether the economy improves or not.
But DonDiego digresses . . .

UNLV funding and other State fundings around the Country are gonna be affected by other things anyway.

The massive "stimulus spending" is pretty well over this year. And the States might well expect less help from the Federal Government now that Republicans control the House of Representatives.

And, there are additional burdens already scheduled to hit the State budgets soon by recent decrees of the Federal Government. F'rinstance, Obamacare. More than half of the health care coverage expansion under Obamacare is attained by placing Americans on Medicaid. That'll mean an estimated 20-million more folks on Medicaid by 2014; Medicaid will become the largest single-budget item for many State budgets.

And then there's . . . .
Well, never mind. What with the present Union demonstrations in Wisconsin - looks a lot like Greece, . . . and lots of sometimes violent demonstrations breaking out all over the Arab world - with those who were (are?) US allies on the defensive or already out (If the reader assumes that whatever replaces Hosni Mubarak will be a good thing for the USA he may need to revise his thinking), . . . and predicted food shortages worldwide (e.g. political mischief within the Ivory Coast may limit availability of Easter chocolate goodies), . . .

It all makes UNLVs budget problems look sorta insignificant, don't it?

chefantwon

Feb 18, 2011
9:25am

Block User

Don't worry Mail, give it 5 to 10 years and 50% to 75% of your check will be going to state and federal taxes. Oh, and don't expect your heirs to be receiving any their inheritance when you pass on. In the next 20 years or so the federal government will be needing those funds to help pay for all of the new spending programs.

Oh, I wouldn't be worrying about college, only rich folks and minorties will be able to go.

Quote

Originally posted by: malibber
Amazing given all these fiscal problems that you have to go back to 1950 to find tax rates lower than they are today.

Quote
Originally posted by: DonDiego
Quote
Originally posted by: Number51
Quote
Originally posted by: surf87
Blackjesus and Don Diego may be onto something.

Blackjesus and DonDiego really seem to know their stuff.
Well, heck fire? Things is jes' beginnin' to turn bad; the worst is yet to come.

Governments at the Federal, State, and Local levels have promised more than they could, or can, deliver for years just expanding services and programs and wages and benefits and transfer programs and entitlements, . . . covering up the shortfall by adding debt. State Government retirement and health care packages are now collectively underfunded to the tune of $1 trillion.

And now even interest payments are beginning to add up to a significant piece of the budget; imagine if interest rates rise, . . . and interest rates usually do rise as an economy improves. But at least for a while longer the economy's pr'bly not going to improve. But that doesn't mean interest rates won't rise for other reasons.
The US dollar is declining; f'rinstance, the Canadian Dollar is worth more than a US Dollar now. If this persists foreign investors will hesitate to fund US borrowings until interest rates rise, . . . whether the economy improves or not.
But DonDiego digresses . . .

UNLV funding and other State fundings around the Country are gonna be affected by other things anyway.

The massive "stimulus spending" is pretty well over this year. And the States might well expect less help from the Federal Government now that Republicans control the House of Representatives.

And, there are additional burdens already scheduled to hit the State budgets soon by recent decrees of the Federal Government. F'rinstance, Obamacare. More than half of the health care coverage expansion under Obamacare is attained by placing Americans on Medicaid. That'll mean an estimated 20-million more folks on Medicaid by 2014; Medicaid will become the largest single-budget item for many State budgets.

And then there's . . . .
Well, never mind. What with the present Union demonstrations in Wisconsin - looks a lot like Greece, . . . and lots of sometimes violent demonstrations breaking out all over the Arab world - with those who were (are?) US allies on the defensive or already out (If the reader assumes that whatever replaces Hosni Mubarak will be a good thing for the USA he may need to revise his thinking), . . . and predicted food shortages worldwide (e.g. political mischief within the Ivory Coast may limit availability of Easter chocolate goodies), . . .

It all makes UNLVs budget problems look sorta insignificant, don't it?

pjstroh

Feb 18, 2011
10:02am

Block User

Most people recognize the fiscal house is not in order at all levels of the government. Most people recognize they will have to participate in austerity to correct it.

Disproportionate austerity weighing more heavily on the middle class than the upper class is where the outrage stems from. And that outrage is justified.