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One Short Fall for a Man--One Giant Flop for Mankind

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One Short Fall for a Man--One Giant Flop for Mankind

Unread postby bratticus » Tue 20 Jan 2009, 12:14:08

$this->bbcode_second_pass_quote('', '[')b]Study: Budget tweaks can't solve Idaho road shortfall

... A $450,000 audit of the Idaho Transportation Department found that a few tweaks in the way the state manages roads could result in some savings, but not nearly enough to offset the extra $137 million a year the agency needs to maintain roads and bridges.


$this->bbcode_second_pass_quote('', '[')b]PM warns of foreign bank shortfall

... KEVIN Rudd has foreshadowed a $75 billion shortfall in business lending if crippled foreign banks pull back from the Australian market.


$this->bbcode_second_pass_quote('', '[')b]Boone officials expect budget shortfall

... “I think we’re in for 24 months of the worst ride in the history of the modern county,” Terrinoni told the Finance Committee last week.


$this->bbcode_second_pass_quote('', '[')b]Unemployment, budget shortfall confront New Jersey at start of 2009

... With the state unemployment rate at 6.1 percent, a total of $1.7 billion in revenue shortfall in this fiscal year alone and food pantry calls up 40 percent in the state, Corzine said New Jersey must work to try and regain the trust of the public and show them they have been making strides to restore the state.


$this->bbcode_second_pass_quote('', '[')b]ScottishPower,SSE Plan JV For New UK Nuclear-Cos

... The U.K. government has made new nuclear power a central plank of its energy policy as the country is facing an electricity supply shortfall as older nuclear power stations and coal-fired power stations are retired over the next decade.


$this->bbcode_second_pass_quote('', '[')b]Canada Cuts Rate to Record 1%, Signals More Easing

... Flaherty said Jan. 9 that his Jan. 27 budget will include a “substantial” deficit, Canada’s first in 12 years. The plan will generate a shortfall of between C$20 billion ($16 billion) and C$30 billion in the coming fiscal year, Prime Minister Stephen Harper said in an interview last month with CTV.


$this->bbcode_second_pass_quote('', '[')b]Local officials to discuss transportation needs with DOT

... One week after learning that Gordon County would lose $38 million in planned transportation projects because of state budget shortfalls, county officials will meet with the DOT to discuss getting some of those projects back on schedule.


$this->bbcode_second_pass_quote('', '[')b]Brunswick no longer loaning out tables, chairs or tools to residents

... "Due to budget shortfalls, however, we are not able to fund the replacement of the tools, tables and chairs necessary to keep the program running."


$this->bbcode_second_pass_quote('', '[')b]For now, SAGE program to reduce class sizes safe in Eau Claire

... The cost to continue the SAGE program in all eight schools next year includes adding 14 full-time equivalent teaching positions, said Dan Van De Water, executive director of business services. But that figure isn't included in the projected $5.1 million budget shortfall the district is facing for 2009-10.

$this->bbcode_second_pass_quote('', '[')b]Market Report -- In Play (FWRD)

... The earnings shortfall was primarily driven by a further, significant deterioration in airport-to-airport tonnage over the course of the quarter.

$this->bbcode_second_pass_quote('', '[')b]In Olympia, it's a whole new agenda

... Washington is facing a nearly $6 billion dollar shortfall in the next biennium and some lawmakers are saying that could grow to $7.5 billion.

$this->bbcode_second_pass_quote('', '[')b]Charities bracing for hard times ahead

... Seija Suutari, chief executive officer at the United Way, said their 2008/09 fundraising campaign is over soon, but is falling short of its $1.5-million goal. "We launched in September and have a $100,000 shortfall right now," said Suutari, which amounts to 7-per-cent of the goal.

$this->bbcode_second_pass_quote('', '[')b]The United Ponzi States of America

... According to estimates, Social Security is facing a $10 trillion shortfall, an amount that would almost double the national debt.

$this->bbcode_second_pass_quote('', '[')b]The challenge of enforced idleness

... There are even signs of this happening in the public sector, with Atlanta mayor Shirley Franklin recently cutting the pay and hours of some 4,600 employees by a tenth to help meet a budget shortfall.
Last edited by bratticus on Tue 20 Jan 2009, 14:14:33, edited 2 times in total.
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Re: One Short Fall for a Man--One Giant Flop for Mankind

Unread postby bratticus » Tue 20 Jan 2009, 12:34:18

$this->bbcode_second_pass_quote('', '[')b]Feeling Tapped Out in 2 Counties
State Cuts Worry Fairfax, Montgomery

By Rosalind S. Helderman and Sandhya Somashekhar
Washington Post Staff Writers
Saturday, January 17, 2009; Page B01

... skip ...

Wednesday. In Annapolis, lawmakers have 90 days to close a potential $1.9 billion shortfall in the fiscal 2010 budget; in Richmond, delegates and senators have 45 days to fill a two-year, $3 billion hole.

Meanwhile, Montgomery is projecting a shortfall of $450 million in fiscal 2010, and Fairfax is looking at $650 million.

... snip ...


http://www.youtube.com/watch?v=FIe0gWZ8uws
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Re: One Short Fall for a Man--One Giant Flop for Mankind

Unread postby notill » Tue 20 Jan 2009, 13:29:14

Unfortunately I don't have a link,
Calif. is projecting a 40+ billion dollar deficit over the next 18 months, and are planning to begin issuing iou's for some obligations feb.1. They claim to be the worlds eight largest economy.

This wouldn't be too noteworthy except for the "drought" facing the southwest US. As the theory goes, the southwest has been in an unusually wet 100 year period allowing the big population centers like LA, Phoenix and agriculture, Calif.s #1 industry, to establish. We're now entering a drying period, which is forecast to be amplified in this region by global climate change.
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Re: One Short Fall for a Man--One Giant Flop for Mankind

Unread postby charliebrownout » Tue 20 Jan 2009, 14:18:37

$this->bbcode_second_pass_quote('notill', 'U')nfortunately I don't have a link,
Calif. is projecting a 40+ billion dollar deficit over the next 18 months, and are planning to begin issuing iou's for some obligations feb.1. They claim to be the worlds eight largest economy.

This wouldn't be too noteworthy except for the "drought" facing the southwest US. As the theory goes, the southwest has been in an unusually wet 100 year period allowing the big population centers like LA, Phoenix and agriculture, Calif.s #1 industry, to establish. We're now entering a drying period, which is forecast to be amplified in this region by global climate change.


Interestingly, not long ago (a week or so) the state legistlature in AZ was talking about being broke by Feb 2009. I imagine water and energy are no small part of this mess.

Additionally, our water company has started to act like their billing department is run by schizoid crack addicts. So much that there is a class action lawsuit against them. My relatives work for another water company in the state and they are having trouble staying in business.

Yes, the southwest is screwed. Big time.
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Re: One Short Fall for a Man--One Giant Flop for Mankind

Unread postby notill » Tue 20 Jan 2009, 16:02:03

The potential drying of the southwest is a very serious threat to the US that can't be overstated. The combined effects of agricultural production losses and the loss of wealth of its' citizens would have a big effect on the US.
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