Monday, March 30, 2009

"Shovel Ready Tour" of Culver

In another article from the Telegraph Herald of Sunday, March 22, I read that Gov. Culver was doing a « Shovel Ready Tour » around eastern Iowa in order to « continue to pitch his plan to spend $750 million on projects aimed at generating thousands of jobs ». He would like people to press legislators to pass his plan. That shows that the financial crisis is not only a federal matter but also a state and local one. So Culver went to Davenport, Clinton, Maquoketa, etc. These $750 million would be repaid over 20 years from gambling profits. It reminds me something we learned in class : gambling (after property taxes) is one of the main public incomes in the State and localities. Culver hopes to create tens of thousands of jobs with this money. Once again, he came and met people in order to talk to them about what is going on.