Pushing for Socialism in Bolingbrook

The Mayor has made the statement loud and clear that he intends to push socialism on the residents.  He wants to buy out the rights to your water, your electric, use your money to purchase businesses in town, and make your money fall into his pockets.  Next will be the gas company and even phone!  He already has deals with donations from the trash and the cable franchise.  He wants to own everything you do and control everything you have through socialism.  He wants to TRACK YOU, TRACK YOUR BEHAVIOR, and CONTROL IT.

Socialism is defined by dictionary.com as

any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods

2

a : a system of society or group living in which there is no private property b : a system or condition of society in which the means of production are owned and controlled by the state

They are using his longevity in office, and political strength to take away the residents rights.  I don't see the difference to living in the Soviet Union!

This time they are placing a ballot position in March about the electric company rights.  Of course the wording is messed up so that nobody will understand it.  The bottom line is to vote, and when you do, vote NO to Socialism tactics. 

Not just that, but they still have not gotten the water thing accomplished.  So you know how much we have spent on research, attorney's and lobbyists for that move?  You can expect your property amounts to be higher taxed for that, not counting the buy out of the company.  I believe that the administration board or managers placed in the new water company will also come with high salaries, tons of clout, and be very corrupt, while lacking knowledge to even run this utility site. 

Now we want to repeat it with the electric company?  Get real!

Take a stand today and fight to stop the increase in taxes and the Socialist Movement from taking over your community.  Just say NO!

Occupy Bolingbrook? Are you the 99%...

A local grass roots effort was launched last month with the slogan,

"Take our 99% to your local governments!" 

Bolingbrook is one of the first stomping grounds for the new Occupy Bolingbrook Grass Root Efforts.  We spoke to the chair yesterday and listed the focus below:

1.  STOP Corporate and Government Greed. (Officials are taking high donations for personal war chests from companies that do business in Bolingbrook.  They are heavily involved in state wide politics involving lobbyists and big business buyouts.  They have fattened their wallets while draining yours.  They give free tax breaks and free land to large corporations, while raising your property and sales tax.)

2.  STOP increasing taxes while decreasing services (Too much bond debt, no plan to pay it off, high paid administrators, cutting lower jobs while giving raises to over paid administrators.,.. Don't forget they raise your taxes, added restaurant taxes, and hotel taxes...  It is still not enough for current out of control spending)

3.  STOP high paid pensions and bloated on the job perks. (They are boosting pay before retirements and adding perks to the high paying salaries.)

4.  STOP donating tax revenue generated by the residents to pet charities

5.  STOP using tax payer money for personal business ventures (like the Golf Club, Airport, and Americana Estates)

The theme I see is that the rich in Bolingbrook are getting richer while the poor and middle class are getting poorer.  From my pocket to yours buddy, and I am not down with that!

The 99% of Bolingbrook are joining together to rally.  For more information, please contact them directly!  Good luck to the movement, we think it is high time that this has come to Bolingbrook.  As a writer, I agree with the issues above and I am sure you will get 99% of Bolingbrook to agree with you too!

Bolingbrook Credit Rating on New Credit Watch

The Village of Bolingbrook which was downgraded to a AA- rating, is now listed on Credit Watch by S&P.  When we contacted them, we were told in part that this is due to the high debt the Village has compared to the income of the village. 

***  CreditWatch highlights an emerging situation which may materially affect the profile of a rated corporation and can be designated as CreditWatch positive, CreditWatch developing or CreditWatch negative. It signals to investors that further analysis is being performed.

Time to vote the spenders in Bolingbrook Village Trustee Board and the Mayor out!

Bolingbrook Vill, IL

Issue: US$41.815 mil GO bnds ser 2007 dtd 12/27/2007due 01/01/2030 2032-2033 2037

Class/ Maturity Date	Rating Type	Ratings	Rating Date	Regulatory Identifiers	Last Credit Rating Action/
2007/ 01-Jan-2030	Standard Credit Rating	AA-/Stable	30-Nov-2011	EX	30-Nov-2011 CreditWatch NM
2007/ 01-Jan-2032	Standard Credit Rating	AA-/Stable	30-Nov-2011	EX	30-Nov-2011 CreditWatch NM
2007/ 01-Jan-2033	Standard Credit Rating	AA-/Stable	30-Nov-2011	EX	30-Nov-2011 CreditWatch NM
2007/ 01-Jan-2037	Standard Credit Rating	AA-/Stable	30-Nov-2011	EX	30-Nov-2011 CreditWatch NM