AS THE MONEY POT SHRINKS AMERICA SINKS

GREETINGS,

“Chapter 104:
Al-Humazah — The Slanderer:

(Revealed at Makkah: 9 verses

English Translation of the Holy Quran by Maulana Muhammad Ali)-

In the name of Allah, the Beneficent, the Merciful.

104:1 Woe to every slanderer, defamer!

104:2 Who amasses wealth and counts it—

104:3 He thinks that his wealth will make him abide.

104:4 Nay, he will certainly be hurled into the crushing disaster;

104:5 And what will make thee realize what the crushing disaster is?

104:6 It is the Fire kindled by Allah,

104:7 Which rises over the hearts.

104:8 Surely it is closed in on them,

104:9 In extended columns.”…..NOW THE WEALTH THAT THE GREAT SLANDERER (AMERICA) ACQUIRED THROUGH THE BLOOD OF THE BLACK ,RED,AND YELLOW MAN HAS REACHED THE HEAVENS AND OUR GOD HATH HEARD ITS CRY .SO ALLAH WHO IS NOW IN PERSON IS  MAKING HIMSELF KNOWN TO THE WORLD .

  HE HAS DECIDED TO TAKE THE WEALTH OF THE ARROGANT WHORE WHO HAS FORNICATED WITH THE NATIONS OF THE EARTH.SO TODAY HE(ALLAH IN PERSON) IS DESTROYING HER QUALITY OF LIFE AND BANKRUPTING HER TO BRING HER TO DISGRACE AND MAKE HER BOW IN HIS PRESENCE BEFORE SHE IS TOTALLY DESTROYED.

  SO THE SCRIPTURES ASKS US,”WHO IS ABLE TO MAKE WAR WITH THE BEAST,EXCEPT THE LAMB OF GOD”? THE LAMB OF GOD HAS DELIVERED THE WORD OF GOD WHICH IS NOW SETTING JUSTICE THROUGHOUT THE EARTH.AND THIS IS CAUSING AMERICA’S FALL DUE TO HER MISTREATMENT,EXPLOITATION,AND REFUSAL TO GIVE HER EX-SLAVE JUSTICE.AND THE WORST IS YET TO COME.;

Jan. 26 (Bloomberg) — Harrisburg, Pennsylvania, the capital of the sixth-largest U.S. state by population, should skip a $2.2 million debt service payment due Feb. 1 and consider bankruptcy, City Controller Dan Miller said.

Harrisburg faces $68 million in payments this year in connection with a waste-to-energy incinerator and should weigh Chapter 9 protection from creditors or state oversight through a program known as Act 47, Miller said today. Chapter 9 bankruptcy allows municipalities to reorganize rather than liquidate.

The alternatives are to sell assets such as an historic downtown market; an island in the Susquehanna River that includes the city’s minor-league baseball stadium; and the city’s parking, sewer and water systems, according to a preliminary 2010 budget and an emergency financial plan submitted yesterday.

“What I’m suggesting is we stop paying the debt service until we have a plan or we decide which way to go, in bankruptcy or Act 47,” Miller, a former city council member who became controller this month, said in a telephone interview. “I think it could save our assets instead of selling them.”

Mayor Linda Thompson, who unseated 18-year incumbent Mayor Stephen Reed in a Democratic party primary last year to lead the city of 47,000, didn’t return a call to her office for comment.

Thompson is scheduled to present her budget proposal to the city council tonight. The council has until Feb. 15 to adopt a final budget.

Asset Sales, Fees

Management Partners Inc. of Cincinnati, a consulting firm hired to study the city’s finances, recommended selling assets, raising city inspection and recreation fees, and reopening city labor contracts.

Harrisburg owes a total of $68 million in payments it guaranteed on bonds issued by the Harrisburg Authority for the incinerator and on a $35 million working capital loan for the project.

The city skipped more than $3.5 million in debt service and swap payments last year, prompting draws on reserves and back-up payments by Dauphin County, where Harrisburg is located, which has sued the city to recover its payments.

Harrisburg’s debt was downgraded to high-yield, high-risk junk status by Moody’s Investors Service in October. Moody’s lowered the city’s rating to Ba2 from Baa2, the second-lowest investment grade.

The city’s credit rating could be lowered further after an analysis of the steps taken to address future payments on debt and two interest-rate swaps that are costing about $800,000 a year, Moody’s said in an Oct. 19 report.”

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