How It Really Happened…..

Former State Senator and Republican Cook County Board President candidate Roger Keats and his wife Tina are leaving Illinois to live in Texas.  They bid farewell to their Illinois friends in a Wilmette Beacon article and with this letter this weekend, saying they’re “voting with their feet and their wallets”:

GOOD BYE AND GOOD LUCK

As we leave Illinois for good, I wanted to say goodbye to my friends and wish all of you well.  I am a lifelong son of the heartland and proud of it.  After 60 years, I leave Illinois with a heavy heart.  BUT enough is enough!  The leaders of Illinois refuse to see we can’t continue going in the direction we are and expect people who have options to stay here.  I remember when Illinois had 25 congressmen.  In 2012 we will have 18.  Compared to the rest of the country we have lost 1/4rd of our population.  Don’t blame the weather, because I love 4 seasons.

Illinois just sold still more bonds and our credit rating is so bad we pay higher interest rates than junk bonds! Junk Bonds!  Illinois is ranked 50th for fiscal policy; 47th in job creation; 1st in unfunded pension liabilities; 2nd largest budget deficit; 1st in failing schools; 1st in bonded indebtedness; highest sales tax in the nation; most judges indicted (Operations Greylord and Gambat); and 5 of our last 9 elected governors have been indicted.  That is more than the other 49 states added together!  Then add 32 Chicago Aldermen and (according to the Chicago Tribune) over 1000 state and municipal employees indicted.  The corruption tax is a real cost of doing business.  We are the butt of jokes for stand up comics.

We live in the most corrupt big city, in the most corrupt big county in the most corrupt state in America.  I am sick and tired of subsidizing crooks.  A day rarely passes without an article about the corruption and incompetence.  Chicago even got caught rigging the tests to hire police and fire!  Our Crook County CORPORATE property tax system is intentionally corrupt.  The Democrat State Chairman who is also the Speaker of the Illinois House and the most senior alderman in Chicago each make well over a million dollars a year putting the fix in for their client’s tax assessments.

We are moving to Texas where there is no income tax while Illinois’ just went up 67%.  Texas’ sales tax is ½ of ours, which is the highest in the nation.  Southern states are supportive of job producers, tax payers and folks who offer opportunities to their residents.  Illinois shakes them down for every penny that can be extorted from them.

In The Hill Country of Texas (near Austin and San Antonio) we bought a gracious home on almost 2 acres with a swimming pool.  It is new, will cost us around 40% of what our home in Wilmette just sold for and the property taxes are 1/3rd of what they are here.  Crook County’s property tax system is a disaster: Wilmette homes near ours sell for 50% more and their property taxes are ½ of ours.  Our assessed home value was 50% higher than the sales price.  The system is unfair and incompetent.

Our home value is down 40%, our property taxes are up 20% and our local schools have still another referendum on the ballot to increase taxes over 20% in one year.  I could go on, but enough is enough.  I feel as if we are standing on the deck of the Titanic and I can see the icebergs right in front of us.  I will miss our friends a great deal.  I have called Illinois home for essentially my entire life.  But it is time to go where there is honest, competent and cost effective government.  We have chosen to vote with our feet and our wallets.  My best to all of you and Good luck!

Isn’t Chicago where Obama, Valarie Jarrett, Rahm, Hillary, and virtually all of the other thugs Obama appointed from?

I’ve done most of the stuff on my ‘To Do’ List: 1. Blame Bush ✓ 2. Seal all records ✓ 3. Make fake birth certificate ✓ 4. Create class warfare ✓ 5. Create race warfare ✓ 6. Blame Bush ✓ 7. Blame Congress ✓ 8. Blame the Supreme Court ✓ 9. Blame the Republicans ✓ 10. Blame Bush ✓ 11. Play golf ✓

Here’s a quick look into the three former Fannie Mae executives who
brought down Wall Street.

Franklin Raines - was a Chairman and Chief Executive Officer at Fannie Mae.
Raines was forced to retire from his position with Fannie Mae when
auditing discovered severe irregularities in Fannie Mae’s accounting
activities. Raines left with a “golden parachute valued at $240 Million in
benefits. The Government filed suit against Raines when the depth of the
accounting scandal became clear.

Tim Howard - was the Chief Financial Officer of Fannie Mae. Howard “was a
strong internal proponent of using accounting strategies that would ensure
a “stable pattern of earnings” at Fannie. Investigations by federal
regulators and the company’s board of directors since concluded that
management did manipulate 1998 earnings to trigger bonuses. Raines and
Howard resigned under pressure in late 2004. Howard’s Golden Parachute was
estimated at $20 Million!

Jim Johnson - A former executive at Lehman Brothers and who was later
forced from his position as Fannie Mae CEO. Investigators found that
Fannie Mae had hidden a substantial amount of Johnson’s 1998 compensation
from the public, reporting that it was between $6 million and $7 million
when it fact it was $21 million.” Johnson is currently under investigation
for taking illegal loans from Countrywide while serving as CEO of Fannie
Mae. Johnson’s Golden Parachute was estimated at $28 Million.

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WHERE ARE THEY NOW?

FRANKLIN RAINES?
Raines works for the Obama Campaign as his Chief Economic Advisor.

TIM HOWARD?
Howard is a Chief Economic Adviser to Obama under Franklin Raines.

JIM JOHNSON?
Johnson was hired as a Senior Obama Finance Adviser and was selected to
run Obama’s Vice Presidential Search Committee.

Kinda makes you sick to your stomach.
Our government seems to be rotten to the core !
Are we stupid or what?

RuChelle on Who Wants to Be a Millionaire