By: Diane Benjamin
State Farm is facing a $7.6 BILLION class action lawsuit. What effect will that have the local economy? At the end of 2015, State Farm reported a Net Worth of $82.7 Billion. http://www.mcgisweb.org/Html5Viewer/index.html?viewer=public
The lawsuit is close to 10% of their total value.
Keep spending Bloomington/Normal – at least towns (unlike states) can declare bankruptcy.
Jamie Mathy, candidate for Ward 1 alderman, posted a video to Facebook. He claims Aldermen Scott Black and Diana Hauman met with MetroNet about high speed internet on the west side. Since he got his information from them, he’s obviously aligned with their ideology. (Hauman doesn’t represent the west side) The cheapest plan available starts at $50 per month.
During the video Jamie turned into a community organizer. He urged people to contact MetroNet and express their interest. Then, if MetroNet doesn’t hook them up, he will announce future action.
Maybe people should contact Kelly’s Bakery (owned by his family) and demand wider circulation of items. Maybe they should demand some discounts too since everybody can’t afford the products. It isn’t fair that only people close to the Front and Center building get fed! The Bloomington City Council should intervene! Maybe Not In Our Town too!
Haven’t we seen enough of community organizers and laws that don’t matter?
Either we are pro free markets or government should call for a vote to finish off capitalism. This death by a thousand cuts is getting really old.
Since only “white collar” jobs seem to be the “right” fit for Bloomington and Normal, here’s what you get:
Normal is hiring a firm from Joliet to repair the library roof – $110,400
Meijer hired a firm from Michigan for a curbside remodel – $75,000
The Radisson in Normal hired a firm from Goodfield for remodeling – $6,156,929
Illinois Agriculture Association hired a firm from Morton for entry changes – $126,000
BT Investments hired a firm from South Holland for an excerise studio – $235,000
Evidently “buying local” either isn’t possible or not a priority.
Source: Local building permits