From the Washington Post
And so it came to pass that Landrieu walked onto the Senate floor midafternoon Saturday to announce her aye vote — and to trumpet the financial “fix” she had arranged for Louisiana. “I am not going to be defensive,” she declared. “And it’s not [...]
On page 432 of the Reid bill, there is a section increasing federal Medicaid subsidies for “certain states recovering from a major disaster.”
The section spends two pages defining which “states” would qualify, saying, among other things, that it would be states that “during the preceding 7 fiscal years” have [...]
Small wonder, all roads lead to Rome. And our tax dollars. Somebody has got the manage and spend all that money! Interestingly, at the other end of the graph is Detroit. Isn’t that a coincidence! Giant sucking sound from the right to the left.
[...]
Yes there is a poverty trap and it’s run by the government.
Consider the graph below, it shows a person’s take home after taxes (outflows) and government subsidies (inflows) as a function of the person’s income. As a person’s income increases from zero to roughly $40,000 a year the [...]
Probably not.
For all but three years of the past 40, the federal government has run a deficit, and at the most basic level, the reason is simple. In their desire to be re-elected, congressmen are afraid not to spend more and more, and they’re equally afraid to [...]
Back in the day, when GWB lived in the WhiteHouse, the search engine google was seeded with enough references to “GWB is a failure” that any search on “failure” turned up a reference to GWB. This was great fun for the Democrats and seen as proof that [...]
When President Barack Obama was pitching his $787 billion economic stimulus package, the White House produced a report claiming their plan would keep unemployment under a peak of 8%.
Reality has not been kind to President Obama’s promises. On November 6, the Bureau of Labor Statistics [...]
Good explanation of recent news… From The Fool.com
Gross domestic product grew 3.5% in the third quarter. That’s great news and all. Only a few months ago, GDP was falling at a 6%-plus clip, and we were certain the economy was about to meet a fiery death. String together another quarter [...]
The American public school has some very unusual features that upon closer look seems rather out of place in the American society.
After brainstorming for a few minutes I came up with the following list:
1) Tenure. Tenure is weird, what other field/profession gets the guarantee of lifetime employment after a set [...]
I’ve been waiting for this. Sooner or later, someone just had to come out with a story how wind power damaged their health. These guys can’t help themselves.
Shinjuro Kondo, 76, who moved into his Japanese neighborhood 17 years ago, said, “Stiff shoulders, headaches, insomnia, hand tremors… Since February last [...]
You mean we’ve been here before?
[...]
With the US Treasury department admitting they don’t know where the 1 Trillion dollars went or is, we are looking like a bad Austin Powers movie. We have a perfect example of unintended consequences and excessive regulations.
And that is the essence of the libertarian view. Government [...]
Students of history will recognize that this is actually not too far off from the principles behind FDR’s National Recovery Act, the purpose of which was to limit competition among business so as to drive up prices. If you can believe it.
If central planning worked, the Soviet Union, East Germany, [...]
April 15th Tea Parties in CT - Hartford, New Haven & Norwich
New Haven, Hartford and Norwich are hosting modern day Tea Parties on April 15th where fellow citizens can use the microphone to let their elected officials know that ‘Connecticut has a VOICE’ and they are saying, [...]
John Cole has been The Times-Tribune’s editorial cartoonist since April 2005. He draws five to seven full-color cartoons weekly.
[...]When historians write the final chapters of the age of Obama, they will note while the Obama Presidency had such a great promise and hope at the start, it ended quicker than most.
Our worst fears of an Obama Presidency are being realized. Massive spending, massive intrusion into the private sector [...]
Of the New York Times Bestsellers only two have not been procured by my local library.
Bernard Goldberg’s “Sick! Steamy! A Slobbering Love Affair! Forbidden Love!”
And
Ann Coulter’s “Guilty!”
After noting that, the librarian and I discussed Homeland Security’s attempt a few years ago to monitor the reading habits of our good [...]
The dismaying message here is that President Obama’s policies have become part of the economy’s problem.
As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed at 9034 on January 2, its highest level since the autumn panic. Yesterday the Dow fell another [...]
Tax on rich folks, making (for now) over 250,000$ a year another 4 % in tax.
This will hurt CT more than any other state.
Stop buying “Cold War Weapons”, think Sikorsky, Pratt, Hamilton, Electric Boat, Ensign Bickford, Colt, Goodrich, General Electric. This will hurt CT more than [...]
Say it ain’t so.
But our local library is practicing censorship. Those local denizens of free speech and protectors of what you get to read and who fought back at Homeland Security’s effort to record and report what you read are themselves practicing censorship.
Next to the checkout counter was list of [...]
Also, please note that China is starting to see a turn around in their economy. Their governmental debt level is at 18% so they had plenty of room to work with. Look to see the Chinese economy shift from relying on exports to satisfying internal demands.
The [...]
Transparency in government is dead. Probably the one great hope I and many of us had for Obama was transparency in government, we dared and dreamed beyond all reason that maybe he could hold on this. Ignoring the facts he never had given us any reason or [...]
We found all sorts of set asides and congressional goodies in the last bill.
The bill that Senator Dodd promised would be lean and targeted. We knew better then, and we know better now.
Obama promised all bills would be posted on the internet for the owners of [...]
Individuals who work in industry will recognize the term, “everything is a process”. Whether it’s building a jet engine, or a state environmental engineer approving a state permit to bring a new manufacturing process online. A series of steps have to be followed, that collection of steps is called a [...]
1) The state deficit is much larger than 300 or 400 Million. Could be 1 Billion.
2) The Democrat strategy for dealing with the deficit of 2010 and 2011 is:
a) Ignore it.
b) Obama’s in, help is coming.
c) Let cities and towns have taxing authority and [...]
The First 2012 GOP Cattle Call….
It’s at CPAC — the Conservative Political Action Conference, held from Feb. 26-28 in Washington, D.C.
Attending: Gov. Sarah Palin, Gov. Mitt Romney, Rep. Mike Pence, Ex-Rep. Newt Gingrich, Gov. Bobby Jindal (who’s ruled out a 2012 run) and others…
CPAC’s straw poll [...]
Just how much energy is in sunlight?
And can I use it to heat my home, cost effectively?
It all comes down to capital cost and the efficiency of the solar collecting systems.
47% of the sunlight that starts in our upper atmosphere eventually makes it to [...]
Did you know you are paying a carbon tax?
The Regional Greenhouse Gas Initiative is made up of 10 states in the Northeastern and the mid-Atlantic United States. The six members participating in the first auction were Connecticut, Maine, Maryland, Massachusetts, Rhode Island and Vermont.
“From the RGGI [...]
Remember Hope for Homeowners?
We didn’t think so.
In July, Congress passes the only housing rescue to date: a plan to guarantee up to $300 billion worth of mortgages and prevent more than 300,000 foreclosures. But to participate, banks must take steep losses — and doing so is voluntary.
The [...]
Will Obama rip himself a new one, just like he did to Bush?
WASHINGTON — President-elect Barack Obama Tuesday ripped outgoing President George W. Bush for “irresponsibly” doubling the federal debt, then warned that he could preside over trillion-dollar-a-year deficits for “years to come.”
Huddling with his budget [...]
From NY Times 22-Nov-06, Senator Christopher J. Dodd said he was satisfied with Sarbanes-Oxley, which he played a significant role in drafting.
A question! If Dodd was an officer in a Corporation governed by Sarbanes-Oxley would he be allowed to continue to serve while under investigation?
As someone [...]
The states are rushing their “shovel ready” project proposals to Washington DC. The Gold Rush of 09 is on.
A Trillion give or take a few hundred Billion, like whose counting? After the first 100 Billion we lose count.
Obama has said, “No Ear Marks or Pork”, well by [...]
Isn’t this precious. Dodd (D-Iowa) our occasional Senator is calling for a review, not of himself and his deals with CountryWide Mortgage but rather of Madoff and the SEC.
The review of Dodd’s deals with CountryWide are under investigation of course, and Dodd has been ducking his accountability [...]
No, there never is a good or better time to raise, start a new one or for that matter to tax at all.
But the above quote was uttered by an economics professor Thomas Cooley on Forbes’ Web site last week.
The idea is gaining traction for a number [...]
Little joy in seeing Colin go, while my ride home will be less annoying, I did appreciate his relative lack of sports programming.
I can’t find it in my heart to criticize him now that he is gone, having been laid off myself.
Interestingly the last show ran “Bruce [...]
Aviation is pretty much in the tank and General Aviation always the poor stepchild is for all purposes shutdown till the recession ebbs. General Aviation is the first to feel the effects and last to shake it off, even in it’s good times General Aviation has trouble dealing a profit.
So [...]
This short video does a great job explaining the Corporate Tax and why it hurts you and me.
I would add, all Corporate Tax gets passed down in higher cost to you and me.
Triple Whammy.
We pay tax on our income, then we pay corporate taxes on the stuff we buy [...]
The Government solution to this Government caused crisis, is of course more Government.
We are going to spend our way out of the mess we got in to by spending too much. And the people responsible are the ones who are going to fix it.
And “Arbeit [...]
This piece of propaganda would make any Socialist Dictator proud. Apparently if we don’t commit economic suicide by enacting all the global warming taxes…divert for side rant… isn’t it amazing that it always comes down to taxes? Why so? Maybe we should look to where the proposals come from.
Anyway I [...]
First the Big 3 Automakers are in trouble because:
1) The high gas prices made SUVs harder to sell than ice cream cones on the boardwalk in a blizzard.
2) The credit crunch made it difficult for people to buy cars.
3) People tend not to buy [...]
A methodology that is simple to implement and provides cover for the politicians.
Contract with an outside public accounting firm of good repute and with no political ties.
Contract for a comparative analysis of Connecticut expenditures versus other Northeast states and the say the top 1/4 of states [...]
Myth #1: Obama’s campaign was funded by millions of small donors.
Myth #2: A huge influx of new voters surged Obama to victory.
The “funded by millions of small donors” was first expounded by Obama’s campaign chairman then taken as gospel fact for the rest of the campaign. The [...]
An unnamed and unsubstantiated source has floated the rumor that the Obama adminstration “to be” is considering Senator Dodd of Iowa as the next Ambassador of French Guiana, a small “country” in South America.
Quoting the unsubstantiated source, “We feel it would be a great fit, it’s as far from the [...]
Motel owners on the Berlin Turnpike are suffering a drought of boarders, in an interview published 
in the Hartford Courant an owner lamented that the Reagan years were their last good run.
The Reagan years were good, but the Clinton years were also, having been setup by the [...]
Democrats in the Connecticut State Capitol are lamenting the lost opportunity of a tax reduction they “gave” last summer.
Having the highest gas tax in the land was not enough, the gas tax was scheduled to increase automatically. Don’t you just love automatic increases in taxes, how cowardly.
The governing [...]
Real simple: Give us our money back.
For a group that has degenerated trickle down economics the Democrats and Republicans (of late) have been awfully invested in trickle down economics, if the massive bailouts at the huge corporate level are not the ultimate expression of trickle down economics then what are [...]
The beauty of having 50 states is that it keeps the states from getting too goofy with regulations and taxes, except for Connecticut the state of denial.
If a state gets over the top as we have in Connecticut, people and businesses leave, and leave Connecticut they [...]
There never was a greater NASA booster than I. I am a space nut. I have two awards from NASA for technical achievement and have had my work published in their publications.
However NASA’s performance on monitoring the global climate through their activist/alarmist/statist known as Dr James Hansen who runs the [...]
Coincidental timing? Just one week after the election in which Connecticut ratified the status quo, the State of Connecticut is now predicting multiple billions in deficits.
Oh, for the good old days of just last year! I remember fondly the state democrats fighting over how to spend the paltry 100 million [...]
The race for the White House is on.
Leading the Republicans are:
1) Mike Huckabee with a bid of 16,
2) Mitt Romney with a Bid of 13,
3) Newt Gingrich with a bid of 10,
4) Bobby Jindal with a bid of 4,
and
5) Sarah Palin with [...]
