Swick Speak

A blog devoted to political and economic topics in today's society.

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Location: Wallingford, Connecticut, United States

I have been an educator for 33 years teaching over twenty courses in business and economics on a part time basis for several different colleges and universities here in Connecticut. I have a Bachelors of Science in Journalism and a Masters of Science in Economics. I also enjoy writing about and collecting football memorabilia. I am a member of the Professional Football Researchers Association and a shareholder of the Green Bay Packers. I also publish Gridiron Greats Magazine.

Saturday, July 25, 2015

A Tale OF Two Cities

What community would you rather live in Wallingford or Bridgeport?
I know this may be an unfair question.
Wallingford is smaller than Bridgeport as Bridgeport has the largest population in Connecticut.
Wallingford has its own electric division providing residents and businesses low cost electricity.
Bridgeport does not.
Wallingford has a low tax rate.
Bridgeport does not.
Wallingford has an AAA Bond rating.
Bridgeport has an A2 Bond rating.
Wallingford has a Republican Mayor who has never been in front of any Board of Ethics hearings in 34 years.
Bridgeport had a Democrat Mayor (who is running again this year in a primary) who was convicted for racketeering, extortion, bribery and mail fraud, among other felonies, for his role in a six-year scheme to shake down city contractors for more than $500,000 in cash, meals, clothing, wine and home renovations in 2003 and served seven years in prison for it.
Wallingford has a strong Republican Mayor and Republican Town Council.
Bridgeport has a Democrat Mayor and Democrat Town Council.
Wallingford has a low crime rate.
Bridgeport  has a high crime rate.
What community would you rather live in Wallingford that is run by Republicans or Bridgeport that is run by Democrats?
I know this may be an unfair question.  But I find it shocking that in the state of Connecticut's largest community that their former convicted Mayor may be their choice for the Democrat nomination for Mayor.  The Bridgeport Republican candidate for Mayor is of Cuban descent, Councilman Enrique Torres who has run before for Mayor.  The Wallingford Democrats have elected not to run a candidate for Mayor in 2015.
One may view Wallingford as a efficiently run, vibrant and dynamic community in Connecticut.  Bridgeport obviously has many issues.  Maybe Connecticut Democrats at all levels of government could pick up a few pointers in how to run efficient, ethical and honest government from Mayor Dickinson and the Wallingford Republicans. 



Saturday, July 18, 2015

Two More Long Years In Democrat Connecticut

We have two more long years coming up here in Connecticut under the omnipotent rule of the Connecticut Democrat party and their economically incoherent budget.  After one of most ridiculous legislative sessions in our state's history, that eliminated any minority representation in the budget process, Connecticut's taxpayers on the hook for even more taxes and less economic growth and economic freedom.  And to add insult to injury the omnipotent rule of the Connecticut Democrat party and their economically incoherent budget has still produced a deficit even with the second highest tax increase in the state's history.
It is going to be a long two more years until the state elections for a new General Assembly in November of 2016 under the omnipotent rule of the Connecticut Democrat party and their economically incoherent budget.  Connecticut is pretty much out of any more sources of new tax revenue besides taxing groceries (which I am sure will be considered soon) and continues to lose taxpayers, population and business at a raid rate.
Thus the omnipotent rule of the Connecticut Democrat party and their economically incoherent budget solution in 2015 has been to further erode and tear apart Connecticut's economic foundation by raising taxes and enacting many laws that inhibit economic freedoms in the state.   Taxpayers have been shut out of the budget process and are silenced by the omnipotent rule of the Connecticut Democrat party.  It is a sham of state government.
The omnipotent rule of the Connecticut Democrat party and their economically incoherent budget presents itself as an ultimatum to Connecticut's taxpayers-work for us-give us your tax money or get out.
And Connecticut still has a debt $80 billion dollars.
And Connecticut still has a unfunded pension crisis.
And over the next two years more and more Connecticut residents will be moving out.
And one day in the not to distant future the omnipotent rule of the Connecticut Democrat party will end as Connecticut becomes economically bankrupt.
All due to one party rule.

Saturday, July 11, 2015

Saturday's Random Government Debt Thoughts

Government Debt seems to be in the news today.
It mostly negative economic news on government debt.
We could first look at Greece and their debt.  Greece has relied on bailouts for the past five years and is lax in their tax collections.  They also have few people working since many are fully retired at an early age.  They are around $320 Billion Euros in debt.  They are borrowing once again to keep their government operational.  Their banks have been closed for two weeks now.  Depositors do not have access to their money.  Greece has monumental debt problems.
We could then look at Puerto Rico.  Puerto Rico has many economic issues including the costs of shipping goods to the Island is expensive due to the 1920 Jones Act, an outdated obscure economically irrational law that forces all goods shipped to Puerto Rico to be shipped by an American ship.  Foreign ships that pass through the Caribbean can not drop off goods to the island on their way through due to this law.  Thus the costs of all goods is more expensive in Puerto Rico.  They are around $72 Billion Dollars in debt.  Public Corporations have around $25 Billions Dollars in debt also.  Many islanders are moving to the states.  Puerto Rico has monumental debt problems.
We could then look at Connecticut and their debt.  Connecticut according to a recent George Mason University Mercatus Center report ranked Connecticut 47th out of 50 states in fiscal health.  This means that Connecticut has and will have difficulty in paying both their short term and long term debts in the future.  One would not know this by the recent Democrat state budget that passed along with the announcement yesterday of $7 Million Dollars in pay raises for many state government managers.  Many Connecticut businesses and taxpayers are moving out of state.  Connecticut since is does not publish its debt can only be estimated.  I believe with the new budget Connecticut has about $70 to $80 Billion Dollars in both short term and long term debt and unfunded liabilities.  Connecticut has monumental debt problems.
Government Debt seems to be in the news today.
It mostly negative economic news on government debt.
Too bad our elected officials do not understand the economic consequences of its debt.  Too bad they are only worried about the spoils system they have created for the ruling elite.
Too bad for the taxpayers. 


Saturday, July 04, 2015

239 Years Of Freedom July 4, 1776 - July 4, 2015

IN CONGRESS, JULY 4, 1776
The unanimous Declaration of the thirteen united States of America

When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security. — Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.

He has refused his Assent to Laws, the most wholesome and necessary for the public good.

He has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.

He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.

He has called together legislative bodies at places unusual, uncomfortable, and distant from the depository of their Public Records, for the sole purpose of fatiguing them into compliance with his measures.

He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people.

He has refused for a long time, after such dissolutions, to cause others to be elected, whereby the Legislative Powers, incapable of Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the dangers of invasion from without, and convulsions within.

He has endeavoured to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands.

He has obstructed the Administration of Justice by refusing his Assent to Laws for establishing Judiciary Powers.

He has made Judges dependent on his Will alone for the tenure of their offices, and the amount and payment of their salaries.

He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.

He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures.

He has affected to render the Military independent of and superior to the Civil Power.

He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation:

For quartering large bodies of armed troops among us:

For protecting them, by a mock Trial from punishment for any Murders which they should commit on the Inhabitants of these States:

For cutting off our Trade with all parts of the world:

For imposing Taxes on us without our Consent:

For depriving us in many cases, of the benefit of Trial by Jury:

For transporting us beyond Seas to be tried for pretended offences:

For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies

For taking away our Charters, abolishing our most valuable Laws and altering fundamentally the Forms of our Governments:

For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.

He has abdicated Government here, by declaring us out of his Protection and waging War against us.

He has plundered our seas, ravaged our coasts, burnt our towns, and destroyed the lives of our people.

He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation, and tyranny, already begun with circumstances of Cruelty & Perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation.

He has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the executioners of their friends and Brethren, or to fall themselves by their Hands.

He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.

In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated  Petitions have been answered only by repeated injury. A Prince, whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people.

Nor have We been wanting in attentions to our British brethren. We have warned them from time to time of attempts by their legislature to extend an unwarrantable jurisdiction over us. We have reminded them of the circumstances of our emigration and settlement here. We have appealed to their native justice and magnanimity, and we have conjured them by the ties of our common kindred to disavow these usurpations, which would inevitably interrupt our connections and correspondence. They too have been deaf to the voice of justice and of consanguinity. We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.

We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly publish and declare, That these united Colonies are, and of Right ought to be Free and Independent States, that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do. — And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our sacred Honor.

— John Hancock

New Hampshire:
Josiah Bartlett, William Whipple, Matthew Thornton

Massachusetts:
John Hancock, Samuel Adams, John Adams, Robert Treat Paine, Elbridge Gerry

Rhode Island:
Stephen Hopkins, William Ellery

Connecticut:
Roger Sherman, Samuel Huntington, William Williams, Oliver Wolcott

New York:
William Floyd, Philip Livingston, Francis Lewis, Lewis Morris

New Jersey:
Richard Stockton, John Witherspoon, Francis Hopkinson, John Hart, Abraham Clark

Pennsylvania:
Robert Morris, Benjamin Rush, Benjamin Franklin, John Morton, George Clymer, James Smith, George Taylor, James Wilson, George Ross

Delaware:
Caesar Rodney, George Read, Thomas McKean

Maryland:
Samuel Chase, William Paca, Thomas Stone, Charles Carroll of Carrollton

Virginia:
George Wythe, Richard Henry Lee, Thomas Jefferson, Benjamin Harrison, Thomas Nelson, Jr., Francis Lightfoot Lee, Carter Braxton

North Carolina:
William Hooper, Joseph Hewes, John Penn

South Carolina:
Edward Rutledge, Thomas Heyward, Jr., Thomas Lynch, Jr., Arthur Middleton

Georgia:
Button Gwinnett, Lyman Hall, George Walton

Wednesday, July 01, 2015

July 1 In Connecticut-More Taxes, More Spending, More Businesses Moving Out, More Taxpyers Moving Out

Happy July Connecticut.  It is a happy day for the Connecticut Democrats.
However it is not happy for those work in Connecticut, own businesses in Connecticut and pay taxes in Connecticut.
It is a happy day for the Connecticut Democrats and Connecticut State Unions as they were able to eliminate all debate, all opposition and all legal challenges to the second highest tax increase in Connecticut's history.  The highest tax increase was just four years ago that was supposed to solve all of Connecticut's fiscal problems.  It is a happy day for the Connecticut Democrats as laws and the state constitution were completely disregarded in forming a $40 billion dollar two year state budget that increases spending, increases taxes and increases long term state debt to massive proportions.  It is a happy day for the Connecticut Democrats as they have been able to eliminate any opposition to the full implementation of a total one party rule here in Connecticut.
No debate on $40 billion dollars of spending.
No debate on new and higher taxes.
No debate from Republicans in the House and Senate who were elected representing over 40% plus of the state's population.
No debate on the elimination of a voter passed state constitution spending cap.
No debate-just Hartford's Omnipotent One Party in action and annihilation of any and all opposition to their rogue and lawless ways.
Happy July Connecticut.  It is a happy day for the Connecticut Democrats.
They have created a new form of socialism.  Connecticut Taxpayers will now work to infinity for Connecticut Democrats.  Sickening isn't it?

Saturday, June 20, 2015

Connecticut's Budget Process

Let me try to understand Connecticut's budget process.  First a budget is presented that is out of balance.  The budget then has money taken off budget and placed somewhere else to avoid the mandated state constitutional spending cap.  Then taxes increase and the Connecticut Democrat Party states that the budget is a victory for the working middle class even though your taxes have increased again.  Debate on a $40 billion dollar budget is limited to less than four hours.  The minority Republican Party is not allowed in the budget talks even though they represent over 40% of the population of Connecticut.  The budget is signed even though there is a massive deficit forthcoming, taxes increase yet again and state spending increases yet again. 
It is a simple process whereby the Connecticut Democrat Party eliminates all opposition, all debate and all democracy out of the budget process.  It is a simple process that Connecticut Democrat Party places itself above any state laws, any state constitution and any questioning of their supreme Omnipotent One Party Rule.  Taxpayers can no longer question anything that Connecticut Democrat Party does in Connecticut. 
The Connecticut Democrat Party is the unchecked cancer that has infected and is economically ruining Connecticut.
It is a simple process to eliminate opposition here in Connecticut.

Monday, June 15, 2015

Taxation Without Representation Brought To You By Connecticut's Democrat Party

Many years ago our state was part of a group of colonists who had enough of taxation without representation from England and decided to declare their freedom so that they could have freedom at that time.  In 2015 the Democrat Party of Connecticut has decided that Connecticut taxpayers will also have taxation without representation as represented by an economically unsustainable and irrational budget they passed with no debate nor input from a governing minority party nor from the taxpaying public.
Middle class tax relief we are led to believe under this taxation without representation is in the form of yet even newer and higher taxes for Connecticut taxpayers.  A mere $2 Billion dollars more in taxes.  A Constitutional Spending Cap law is ignored and ridiculed by the Democrat Party of Connecticut under the guise of their own personal distaste for the rule of law. 
$85,000 plus benefits for a Democrat Party of Connecticut “Financial Literacy” position?  The Democrat Party of Connecticut hands out 12% binding pay increases for their politically connected?  The list is endless of the waste and fraud that goes on in Hartford-Hartford's Omnipotent One Party Rule of the Democrat Party of Connecticut.
Taxpayers work for the Democrat Party of Connecticut-they have successfully recreated taxation without representation in 2015.