Wednesday, May 24, 2006

Privatize the Illinois Lottery?

Illinois Gov. Rod Blagojevich  has an interesting state lottery twist.

http://www.chicagotribune.com/news/local/chi-0605240150may24,1,5263300.story

He proposes selling the lottery to make more money now for "education" -- but the state would then get no money from the lottery beginning in 2024 (when today's babies graduate high school). Of course, he won't be governor then. And the big extra dollars this plan would provide would arrive in the state coffers in the next four years, matching what Governor Rod B. hopes will be a triumphant second term.

The Tribune editorial notes: "If Illinois schools receive more funding, some of it should go to teaching the rudiments of economics."

http://www.chicagotribune.com/news/opinion/chi-0605240022may24,1,5049536.story

Did I mention it's an election year? The only suspense is whether opponent Judy Topinka can come up with something even dumber.  She gave us Alan Keyes as a candidate for senator in 2004, so I don't want to underestimate her.

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