Dave's Place

 
Posts from March 2012


Hoodies Aren't New




Not everyone is afraid of a hoody
 (1) Comments


 
Geist Harrisburg Corruption Isn't New
Rick Geist a 33 year Harrisburg politician casually talks about corruption in the Legislature during an interview with WHTM-TV. "It isn't new and ten years from now people will be talking about something else." It is disconcerting to see that Geist seems comfortable with the Harrisburg culture of corruption. Is this what 33 years in Harrisburg does to one's moral compass?

 (0) Comments
Tags :  
Topics: Religion_Belief
Social:
Locations: Harrisburg
People: CorruptionRick Geist




 
Geist Won't Debate His Record


Ain't No Debaitin'

Representative Rick Geist campaign suggested that they were concerned that a debate would not be handled fairly by the Blair County Chamber of Commerce. Others see it as an acknowledgement that his 33 years in the State legislature would be found lacking if he were to engage his opponent Dr. John McGinnis.
 (0) Comments


 
Pennsylvania State & Local Government Debt
Commonwealth Foundation[1] states the following:
Pennsylvanians owe $121 billion in state and local government debt.  This equates to more than $9,400 for every person, and almost $38,000 for the average family of four in the commonwealth—an increase of $10,300 since 2002.
The total represents debt in the form of government bonds, but excludes unfunded pension and healthcare liabilities for government workers, borrowing for unemployment compensation, and short-term tax anticipation notes, which add tens of billions more in obligations for Pennsylvania taxpayers.
Pennsylvania State & Local Government Debt
Debtor Debt Outstanding Per Person
Total State $45,020,310,000 $3,533
   State $10,356,710,000 $813
   State Agencies & Authorities $34,663,600,000 $2,720
Total Local $75,759,706,000 $5,945
   School Districts $26,618,928,378 $2,089
   County/Municipal/Twp/Other $49,140,777,622 $3,856
Total  $120,780,016,000 $9,478
Sources: Governor's Executive Budget (http://www.budget.state.pa.us) December 2011 data; PA Dept of Education (http://www.pde.state.pa.us) June 2010 data; U.S. Census Bureau (http://www.census.gov/govs/www/estimate.html) 2009 data
State Debt
Since 2002, total outstanding state general obligation debt increased 54%, from $6.8 billion to $10.3 billion.
Annual debt payments on general obligation bonds increased from $349 million in FY 2002-03 to $1.1 billion in the proposed FY 2012-13 budget, an increase of 198% in annual debt payments in nine years.
 
State Agencies' & Authorities' Debt
More than three-fourths of Pennsylvania's state-level borrowing is done by off-budget state agencies and authorities, like the Turnpike Commission and the Commonwealth Financing Authority, which issue their own debt to the extent authorized by the legislature.
Debt held by state agencies and authorities increased from $16.8 billion in 2002 to nearly$34.7 billion in 2011—an increase of 106%.
Total Pennsylvania state and state agencies' and authorities' debt increased from $23.7 billion to more than $45 billion in the last nine years—representing a total state-level increase of 90%.
Pennsylvania State, State Agencies' & Authorities' Debt
Debtor Debt Outstanding 2002 Debt Outstanding 2011 Increase Change
State $6,805,184,000 $10,356,710,000 $3,551,526,000 52%
State Agencies & Authorities $16,848,800,000 $34,663,600,000 $17,814,800,000 106%
Total State $23,653,984,000 $45,020,310,000 $21,366,326,000 90%
Sources: Governor's Executive Budget (http://www.budget.state.pa.us) December 2011 data
School District Debt
Pennsylvania taxpayers are also experiencing an increase in debt at the school district level. 
  • According to the Pennsylvania Department of Education, school district debt increased from $19.4 billion in 2002 to $26.6 billion in 2010—an increase of 38%.
County, Municipal, Township, & Special District Debt
Other local government debt—debt held by counties, cities, townships, boroughs, and special districts—represents more than 40% of all taxpayer debt in the Commonwealth.
  • According to the U.S. Census Bureau's most recent data (2009), county, municipal, township, and special district debt increased from $45 billion in 2002 to $49 billion in 2009—an increase of 9%.
Pennsylvania School District, County, Municipal, Township, Special District Debt
Debtor Debt Outstanding 2002 Debt Outstanding 2010 Increase Change
School Districts $19,351,014,152 $26,618,928,378 $7,267,914,226 38%
County/Municipal/Twp/Other $44,943,251,000 $49,140,777,622 $4,197,526,622 9%
Total Local $64,294,265,152 $75,759,706,000 $11,465,440,848 18%
Sources: PA Dept of Education (http://www.pde.state.pa.us) June 2010 data; U.S. Census Bureau (http://www.census.gov/govs/www/estimate.html) 2009 data
For more information check these sources:
Sources: Governor's Executive Budget (http://www.budget.state.pa.us) December 2011 data; PA Dept of Education (http://www.pde.state.pa.us) June 2010 data; U.S. Census Bureau (http://www.census.gov/govs/www/estimate.html) 2009 data

(ONE OTHER DEBT WE HAVE: We owe Representative Rick Geist a debt of gratitude for helping us get into all this debt.  db)
 (0) Comments




 
Recent Posts
Categories
Archives
 
The 11th Hour - Guests & Topics - Sept 22nd-26th 2014
Monday Sept 22nd James B. Huntington, PH.D Choosing a Lasting Career The Job-by-Job Outlook for Work's New Age Work's New Age Blog Tuesday Sept 23rd David Ickes Wednesday Sept 24th Barry Ickesl Thursday Sept...
Read More
Dial N Deal - September 19th 2014
Concrete Mixer tow-behind, gas-powered, new tires - $992 Exercise Bike - $42 John, Altoona 944-7429 Folding Picnic Table full-size, resin/metal, Lifetime brand, like new, grey, folds for easy storage - $80 Bookcase 3 shelves, slding glass...
Read More
Dial N Deal - September 12th 2014
1981 Chevy Van 30 Coachman Motorhome 24', 350 V8, sleeps 2 - 4 86,000 miles - $1,500 Larry, Altoona 946-0533 Aluminum Roaster XL, heavy, used, vg goodition - $10 Kenmore Microwave medium-sized, 10-12 years old, works great - $10 Osterizer...
Read More