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  • Edición impresa de Abril 17, 2012

Unusual and surprising money matters keep happening in the state of Indiana. For second time in a row, it has been known that moneys were ‘misplaced”.

It makes you wonder about how things are handled at all levels of the administration.

In the first incident, Indiana Department of Revenue admitted that they ‘lost’ approximately $320 millions.

If a private company had incurred into such error, they would have had to face the law, which in this case did not happen, since they are the law.

Now a few days ago, $205 million appeared after most of the counties have suffered the consequences of cuts and even layoffs in order to adjust their budgets to the several cuts imposed by the state administration.

Even though the department of Revenue Commissioner submitted his resignation, that does not give back the time and hurdles people had to go through due to these errors.

If a $525 million error takes place in the state, there is still place to inquire if the same happens at the federal level.

Mitch Daniels, was the Director of the U.S. Office of Management and Budget under George W, Bush. From a record of $230 billion surplus in the year 2000 under President Clinton, the country went to a $1.3 trillion shortfall in 2010 with President Bush. There had been extraordinary spending due to the wars in Iraq and Afghanistan, plus the recession.

But could we still hope for some misplaced moneys somewhere that may lighten the load of the millions of individuals that continue to be unemployed or those who lost their houses?

How does this pertain to the local population?

Reading an article in the South Bend Tribune, I found the following by John Paul, “Distributing the money won’t be easy. Mullen, (St. Joseph county auditor) said there are a lot of questions. For example, if a former St. Joseph County homeowner who lived in South Bend sold their house in 2011 and moved all the way to Evansville, what happens if the state issues a property tax credit with the $3 million? Does the state give the credit to the person who lives in the house now? How does the state find the previous owner?”

This is one of the many instances in which individuals have been affected.

Some of the local reaction has been to call for a change in the ways in which the moneys are collected, but also to keep them locally in order to know how to spend them.

It is a healthy revising process in which there is room for change, probably giving more control to the local authorities.

A final reflection would be that if you or I make the mistakes the state and federal administration makes, we would be not only broke but in jail

The same mistake of spending what you do not have, counting in ‘future’ earnings, and thinking that things are as they always were, is what has led companies, families and individuals to realize that they actually did spend what they did not have.

As a country we have to keep an eye in how things are done, who do we elect and why. Maybe is also time to review how that takes place.






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