AFP-IL was pleased to be joined by Cong. Joe Walsh last night for a town hall meeting on rising gas prices and energy policy. Cong. Walsh led a highly interactive discussion with dozens of attendees highlighting the need for increased domestic energy production, including approval of the Keystone XL pipeline and further exploration offshore, to make America less dependent on foreign sources of oil. AFP-IL state director David From criticized the Obama Administration for distorting the free market by picking winners and losers in the energy sector, highlighting the $535M loan guarantees to now- bankrupt solar company Solyndra.
Illinois Becomes Moodys Lowest-Rated U.S. State With Debt Downgrade to A2
Unsurprisingly, a rating agency says has downgraded Illinois' debt citing runaway pension costs:
The downgrade to the sixth-highest rating came after a legislative session that took no steps to implement lasting solutions to its severe pension under-funding or to its chronic bill payment delays, Moodys said in a report. Illinois, it said, has weak management practices.
Moodys revised its outlook on the debt to stable from negative, citing the states sovereign power over revenue and spending, and laws that establish the priority of payment for general-obligation bonds. The downgrade affects $32 billion of debt, according to the statement. Click Here for entire article: http://www.bloomberg.com/news/2012-01-06/illinois-rating-lowered-to-a2-by-moody-s-with-32-billion-of-debt-affected.html
As you may have heard, Wisconsin will be holding a series of recall elections in the coming weeks, and as we know, voter turnout is typically low during recall elections. The Wisconsin chapter of AFP launched a large scale nonpartisan Get-Out-The-Vote program that utilizes one of the most efficient and effective at-home phone bank systems available. This technology provides activists throughout the country an opportunity to use their own telephone to encourage Wisconsin voters to turn out on Election Day for the upcoming recall elections.
Thank you for your dedicated efforts in the past. Will you help AFP make calls again? Your help will make a big difference in ensuring as many voters as possible get to the polls.
If you are interested in volunteering for the Wisconsin AFP nonpartisan GOTV effort, contact the AFP Wisconsin headquarters at 414-476-7900 or email at infoWI@afphq.org.
Your consideration is greatly appreciated.
-By Warner Todd Huston
So, once we get past the vague, gut feeling that not much was done in this past legislative session, we can look over the last several months and assess what Springfield has done for us all. As the state was distracted by yet another trial for Rod Blagojevich (this time a successful one) our elected officials were at loggerheads on many issues. But with the Democrats having such a hammerlock on power, most everything went their way. And, in some cases "their way" was no way at all.