Kansas Suspends Income Tax Refunds, State Payroll, and Funding to Schools and Other State Department

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posted on Feb, 16 2009 @ 03:11 PM
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Hey guys, we need to make sure people see this. Make sure you flag this thread.

I would rather keep up on our country, than talk about UFO's right now.
But that is just my opinion.




posted on Feb, 16 2009 @ 03:13 PM
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reply to post by BorgHoffen
 


No, they can't, their shortfall is higher than a line of credit can cover. So if they appropriated this money they'd only have it for a short while until they were back to square one. Just like California.

[edit on 16-2-2009 by projectvxn]



posted on Feb, 16 2009 @ 03:16 PM
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Originally posted by projectvxn
reply to post by BorgHoffen
 


No, they can't their shortfall is higher than a line of credit can cover. So if they appropriated this money they'd only have it for a short while until they were back to square one. Just like California.


Actually worse than square one. That 225 million is taking from something else. I will be back on in an hour or so. I've got to get down and buy a few more things.

[edit on 16-2-2009 by j2000]

[edit on 16-2-2009 by j2000]



posted on Feb, 16 2009 @ 03:19 PM
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Hmm... well let's say theoretically Kansas gets its # together and they get the money freed up to pay the citizens their Income returns. The 225 million will cover all of the return filings left, correct? It should, at least I believe so. After this money is gone, what happens after that though?



posted on Feb, 16 2009 @ 03:22 PM
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I live in Ks.
I called my house and senate reps.
Stephen Morris's office informed me he is on the senate floor "trying to take care of it".
Jeff Whithams office has an answering machine and "will call you back".

You can listen live to the Kansas senate floor and I have that pulled up and have been listening to it for 28 min now. They have discussed congratulating best buy for helping rebuild tornado damage, congratulating a nuclear power plant for getting their license renewed, and now are disscussing a bill about regulating smoking in public.

This is crap!



posted on Feb, 16 2009 @ 03:24 PM
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reply to post by Tgautier13
 


You see the problem here? They have to gather themselves up first, and if there's nothing to gather, then what do you do?



posted on Feb, 16 2009 @ 03:29 PM
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reply to post by j2000
 


Thank you for suggesting some flags on this thread.

This hit home as I attended the Univ. of Kansas and taught for a few years on the Kansas side before leaving for Missouri.

The writing was on the wall and since Sept. '08, many school districts and departments learned firsthand just how bad the economic shape of KS truly is.

Things are going to very bad there soon, as they are already $250 million in the hole for 2009 alone.

Thank you again for everybody contributing to the survival of this thread!



posted on Feb, 16 2009 @ 03:33 PM
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reply to post by MOFreemason
 


I am going down to buy a new flag and hang it in Distress.
I was going to wait until Tues. for the crap bill, but this will work!

It will be interesting to find out how people will react around here.
Mostly they are clue less and don't keep up with this.



posted on Feb, 16 2009 @ 03:33 PM
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It's on MSNBC right now...Jeez tv news...they're always late...Bunch of hacks.



posted on Feb, 16 2009 @ 03:33 PM
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I hope Glenn Beck covers this breaking-news story on his Fox News TV show at 4pm CST.



posted on Feb, 16 2009 @ 03:34 PM
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reply to post by projectvxn
 


Just tuned in....thanks!



posted on Feb, 16 2009 @ 03:35 PM
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Hmm.. but what would be the tangible implications of the future of this state? Is bankruptcy in the near future, as in this year? What would happen to all of the banks in this state?

Sorry... I was never good at Sim City.



posted on Feb, 16 2009 @ 03:37 PM
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reply to post by Tgautier13
 


The future implication of KS is basically two results:
1. Significant increase in taxes (which the Repubs have been against for years)

2. Significant slashing of state services (social agencies, pensions, health care, transportation, education, mental health depts. etc.)

Kansas is a geographically large state, but not very populated. All departments and agencies have already been told to immediately slash their budgets by 10-15%.

Any future slashings will be felt by Kansans no doubt.



posted on Feb, 16 2009 @ 03:40 PM
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reply to post by Tgautier13
 


Bankruptcy is definitely in the books for alot of states. The Federal Government is going there in stride and will likely be bankrupt by the end of this year, beginning of 2010. Maybe sooner, depends on what happens in the near future.



posted on Feb, 16 2009 @ 03:40 PM
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The reporter they were interviewing was trying to make light of it.
He said it will all be fixed in a couple of days.
These people are so full of crap!

What he does not say, is that according to the budget, this 225 million will not last very long. They have to make bid time cuts.......



posted on Feb, 16 2009 @ 03:41 PM
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This is such utter crap!
They are still yapping about smoking in public!
Talk about fiddling while rome is burning!


I wont be voting for these jackasses again!



posted on Feb, 16 2009 @ 03:43 PM
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reply to post by shooterbrody
 


Somehow, I expected more out our states in the middle.

I guess they are just like the Feds!
I am ready to go!
I have had enough!



posted on Feb, 16 2009 @ 03:44 PM
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reply to post by projectvxn
 


I still wonder...what happens if/when a state goes "bankrupt."

Does the federal government just subsidize them from that point forward? Is there an overhault of state services?

What exactly can happen when a state goes bankrupt?



posted on Feb, 16 2009 @ 03:45 PM
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reply to post by j2000
 


All I can say is organize. Call friends and family.

The only way the people will be paid attention to is by creating a movement so strong that political BS will bend to our will.



posted on Feb, 16 2009 @ 03:46 PM
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What really trips my trigger, is that they know what the answer is!

They just don't have the balls to stand up to the Fed. Res. Bank.

I guess one lone fellow in Texas is, but they do not want to hear from him!

Go Ron Paul!

If anyone wants a great education on what ales us, watch the movie,
The Money Masters.

The spent the time to get their facts straight on real history.



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