Tuesday, December 30, 2008
Friday, December 26, 2008
What a mockery of our political process. What a debasing of the rules and laws that govern our country. What a disgrace. All this as we wait for Senator Chris Dodd, a major factor in the current economic credit crisis that he helped to create, for 196 days to tell us taxpayers about his sweetheart mortgage deal. The United States Senate needs reform if we as a nation are going to survive.
Wednesday, December 17, 2008
Thus we as a state are in a fiscal mess. A fiscal mess which was produced by our elected officials. Not by taxpayers. Maybe governmental officials could do the right thing now and give up their taxpayer financed salaries and taxpayer funded campaigns for reelection to save money. Maybe just maybe they should pay for their continuing fiscal irresponsibility - hit them in their pocketbooks like we taxpayers of Connecticut have been hit. Our well is now dry - taxpayers have no more to give to this fiscal mess in Connecticut which was not our making.
Saturday, December 13, 2008
Tuesday, December 09, 2008
Thus as an economist, I must understand Economics 101 in a now liberal, nationalized economy.
Here is what used to occur. A company is doing poorly for a variety of reasons, possibly lower sales, increased competition, excessive federal, state and local governmental taxes and regulations, excessively high wages and benefits, higher inputs costs, etc. The bank that they are doing business with decides by analysis of their financials that they are a high credit risk, have no other assets/future sales to borrow against and pull their line of credit. No more money is available to this company to continue their operations. The company then must close its operations because it no longer has any money to pay its bills or its employees. All of its employees are laid off, the company then decides on bankruptcy and the private business cycle falls into place with firms leaving an industry due to a lack of profit.
In New World Liberal Economics, a company should have been making a profit so that local, state and federal governments could have taxed the profit at a 100% level to continue to finance their deficit spending and redistribution of wealth. The bank they are doing business with does not have to analyze any financials or sales, they just will continue to lend them money to infinity. The company even though it may be losing money and sales will continue to give massive pay and benefit increases to its employees. And finally bankruptcy is outlawed in our economy. We now have an Utopian economy where the business cycle no longer exists. I guess I need to reeducate myself on everything that I have learned about economics over 35 years. I never thought I would see this in my lifetime.
And I guess I will never open a business in Illinois and I guess many others will not either.
Sunday, December 07, 2008
Congress has little if any real working knowledge about how our economy works and as such they continue to do more harm than good for our economy. The mortgage crisis, the credit crisis and the now the auto industry crisis can be traced to the United States Congress, an omnipotent, illogical charade that taxpayers must support.
Monday, December 01, 2008
Mae and Freddie Mac need to be sold off by the government and allow to operated by a private entity. This would take the harsh political nature of this company out of play and allow for the free markets to work in the mortgage market. What would happen is that if you can't afford a mortgage you would not get one. You would need 10% to 20% as a down payment and have actual verifiable income levels to support your mortgage. This would self correct the run up in housing prices and allow for housing to be affordable for those who work for a living and chose to live below their means. Second, the auto industry does not warrant a bailout. Because of its' poor management over the years, excessive salary and benefit structure, poor product, the non consumer friendly dealership buying environment, it deserves its fate. That would be a merger and or bankruptcy. It would not be the end of our economy if economies of scale and efficiency would be reintroduced to our domestic auto industry. Why do other auto manufacturers produce at a much lower hourly rate than the big three? Why do they produce more economically?
Our government frenzy of throwing $6.3 trillion dollars in bailout money at our economy will have long reaching effects on our national debt and our ability to borrow money. It is political, short sighted, and inefficient. And ultimately taxpayers will be paying for the political gains of our economically illiterate Congress.
Tuesday, November 25, 2008
We as an economy must realize that we can not continue to allow for constant government stimulus packages in order for our economy to work. Government at all levels needs to cut spending and taxes in order for our economy to once again become stimulated and grow. Socialism will not work. Economic growth must come from the private sector not from government. But again Chris Dodd is anxious and I am anxious for him to leave office once and for all. He is a disgrace to the taxpayers of Connecticut.
Saturday, November 22, 2008
Wednesday, November 19, 2008
Taxpayers should be strongly against this new form of corporate welfarism which will ultimately lead to higher taxes and more poor economic decisions.
Saturday, November 15, 2008
Tuesday, November 11, 2008
Friday, November 07, 2008
On a national level the Republicans showed that Governor Sarah Palin is a candidate of the future and Senator McCain's moderate liberalism is hopefully gone forever. Governor Palin by far was the best of the four candidates running for high office.
The state elections showed the rational ignorance of Connecticut voters by eliminating our ability to have a say in our government by voting down the constitutional convention (in which many voters did not understand what they were voting for) and giving the liberal Democrats one party rule in Hartford so they can continue to tax and spend. Voters will get what they deserve over the coming years.
There needs to be a conservative philosophy which the Republican party needs to embrace and enact upon. We need to rid ourselves of the Stevens, the Rowlands, and all of the other self serving politicians who have spread like a cancer in our party. We need to embrace ethics, smaller government, lower spending, lower taxes and to allow for the free market system to run without governmental intervention. We can and we shall take back our party. If we are not successful then now is the time to form a true Conservative party as an alternative to the two stale and inept political parties who once again have shown their disregard for the voters and taxpayers this past week.
Tuesday, November 04, 2008
Thus what is the answer? In a few hours the Democrats here in Connecticut will be rejoicing in their continual one party rule in Hartford for another two years. We as taxpayers are confident that the amendment for the Constitutional Convention will pass and as such tax reform will be enacted upon along with term limits. Tax reform is essential if Connecticut is going to survive in the future. Disgusted taxpayers need to bombard their elected officials beginning tomorrow that the excessive tax burden of Connecticut needs to stop in the next legislative session. The state needs to cut spending and cut taxes and live within its means. The entitlement mentality of the Connecticut State Legislature has bankrupted our state. Lower taxes. Now.
Monday, November 03, 2008
I no longer watch TV nor have have cable TV. I have $65 more a month to spend or invest each month due to my decision. If someone came up to me from the street and told me that they were a reporter from a TV station, I would not know them nor could I care about who they were, they do not impress me with their lack of productivity in our economy. I believe strongly that the way the media can become balanced is through an economic boycott of cable TV and its advertising sponsors. By a lack of economic support they would be forced to rethink their horrific coverage of this year's election and their demeaning and degrading of Sarah Palin. It was truly disgusting to read what has happened to this entire process. I can see why it is difficult to attract good honest people to run for elected office, since the media has crowned themselves as the new nobility in our society and only they are right and 300 million Americans are wrong. But for one last time it is just another reason why I am voting for John McCain and Sarah Palin tommorrow. And I urge you do also.
Thursday, October 30, 2008
In this time many United States soldiers died and many became POWs. One of the most noted POWs is very close to becoming our next President. He sacrificed six+ years of his life being tortured and gaining permanent physical disabilities from his capture. He endured six+ years that many of us would not have the ability to deal with. During this time he proved his mental toughness and proved his love for our country beyond a doubt.
Thus in a few days we will vote for a new President. Do we want a President who has an ethical and moral character, a man who stood by his fellow soldiers, a man who placed his country above his own well being physically? Or do we want a liberal Senator who has basically never worked a day in his life who is worried about his ego and self glorification? I know I don't and I know John McCain and Sarah Palin are what are country needs in leadership today. I know my vote goes to McCain - Palin.
Wednesday, October 29, 2008
I would like to see a new freedom deal for our society and our economy especially for those who work. This could be done by making the Bush tax cuts permanent. It would not penalize those who work hard, choose to take risks and create jobs and wealth for our economy. It would allow for the free market movement to continue to exist in our economy and allow for economic growth to continue to take place. A redistribution of wealth already occurs in our economy (although Congress by exempting itself from most laws, social security and the like allows its wealth to grow)through the current income tax system. A large proportion of citizens pay no taxes at all and are supported by those like us who work for a living. Thus if we work in our economy we are penalized by the same federal government trying to continue to change our wealth status and give it to those who supposedly need it. Rather than empowering those who need more skills and education it is much easier for government to create the mindless bureaucracy of entrapping these same people in a welfare mentality and welfare cycle. Government owes them. The New Deal and the Great Society were utopian measures which failed our economy and created the great dependency that is visible especially in the Democratic party, a party void of ideas and ethics. But in my economic opinion it was a failure, is a failure and will continue to be a failure for the future. We as a voters need to understand that we can ill afford more of this endless quest for mediocrity that the Democrats embrace at all levels of government. Real change in November comes only with a vote and a victory for John McCain and Sarah Palin.
Tuesday, October 28, 2008
We do have problems with energy independence which can be traced to the 1970's and a Democratic Congress who has basically done nothing for 35+ years with regards to this. Obviously since Congress is removed from the everyday economy nor does it have to worry about anything financially, it could care less if gas went to $6 a gallon and heating oil to $7. It solution is simplistic, tax these supposed "excessive profits" that we always hear about. Are the profits there today at $2.50 a gallon?
Thus the real nature of eminent domain is at stake here. Solar installations on buildings do not require eminent domain, nor do windmills privately owned on private property. New building construction with geothermal energy does not require eminent domain nor does nuclear power. In my economic opinion I do not feel taxpayers need to support nor endorse this poor Pickens plan. And by the way I favor the energy proposals of McCain/Palin, let us control our own oil supply in our country. They have my vote.
Monday, October 27, 2008
That is what this Presidential election had developed into. Government has once again proven by interfering with the housing market it has help to create a great housing and credit mess along with hiding the problems of Freddie Mac and Fannie Mae. And then it blames capitalism for it. It needs to blame itself. What Congress could have done was to help create energy independence-it only has had 35+ years to do that and to stimulate the economy by the elimination of taxes on inheritances, and lower and eliminate all taxes on interest, dividends and capital gains. Let capitalism run itself and downsize government at all levels. Just another reason why I am voting for McCain/Palin this election.
Thursday, October 23, 2008
Wednesday, October 22, 2008
Just another reason why I am voting for McCain/Palin.
Tuesday, October 21, 2008
I also have to laugh at Warren Buffet being an advisor to his campaign. Although he is a brilliant investor (who likes to keep salaries low for those that work for him and hates to pay dividends) he knows very little about our tax structure. He has always complained that the rich do not pay enough in taxes, if that is the case then instead of giving $5billion to GE give it to the Federal Government for more wasteful spending or to bail somebody else out.
Thus the Obama plan is more of the same; rape the working class of our economy and keep the economically distressed more economically distressed so that they have no incentives to work, gain self esteem and personal wealth. Just another reason why I am voting for McCain/Palin this year.
Monday, October 20, 2008
That is it. It is simple yet to the point, our economy can run itself without governmental intervention as is so prevalent today.
Government has become self serving at all three levels, local, state and federal. It has created an entitlement mentality which continues to erode the fabric of our nation as a whole and continues to demean the philosophy that economic hard work and self sufficiency helps create economic growth and well being. In my economic opinion the brilliance of Mr. Friedman is too lost today by a new group of economists who argue for more governmental spending and intervention. In 2008 the economic sky is not falling but has been entrapped by a group of millionaire self serving politicians like Dodd, Franks, Reid and Pelosi who now use their power for economic gain in total violation of their oaths of office.
I think if Mr. Friedman were alive today he would be helping and voting for the McCain-Palin ticket rather than the economic socialist ticket of the failed Democratic party. Yes, sometimes we should and need to listen to our economic past in order to understand the mess that our Congress has gotten ourselves into.
Wednesday, October 15, 2008
Let us look at what Donald Luskin wrote in National Review Online:
These days Krugman’s liberal agenda always takes precedence over economic principle. He has described himself as “an unabashed defender of the welfare state.” He has declared, “For me, Sweden of 1980 would be ideal.” He has called Barack Obama’s sweeping plan for socialized medicine “naïve” because it doesn’t contain enough mandates. He has said that “We should be getting 28% of GDP in [tax] revenue,” when the highest level ever collected, even in wartime, is less than 21 percent.
In 1999 Paul Krugman was paid $50,000 by Enron as a consultant on its “advisory board,” and that same year he wrote a glowing article about Enron for Fortune magazine. But he would change his tune. After Enron collapsed in 2001, Krugman wrote several columns excoriating the company. (One featured what may be the most absurd howler in the history of op-ed journalism: “I predict that in the years ahead Enron, not Sept. 11, will come to be seen as the greater turning point in U.S. society.”) In most of these columns Krugman worked hard to link Enron to the Bush administration, and in one he actually blamed Enron’s consultants for the company’s collapse — while neglecting to mention that he, too, had been an Enron consultant.
Oh well, selective memory is fine for the Nobel Prize. I have also noticed on many occasions his columns have really nothing to do with economics but drone on about the virtues of bigger government and how bad conservative economists are. But that is now the view of the Nobel Prizes. They are now somewhat meaningless and how they advocate peace is beyond me. Thus as an economist I will ignore the mention of this yearly prize and go about my own research which continues to advocate less government, elimination of taxes on all dividends, interest, capital gains and inheritances. Oh if you can't tell by now, Mr. Obama will do everything to raise your taxes middle class or not. That is why I am voting for McCain and Palin.
Monday, October 13, 2008
Thus in the simple world of Presidential politics, Mr. Obama yet again shows his ignorance of the business world and the economy of the United States. Why would you as a business person risk $62,400 to get $3000 back as a tax credit? I just love the fantasy world that the US Congress lives in. This is not an economic incentive in any way, shape or form. Just another lie by the supposed Economist Obama.
Thursday, October 09, 2008
Tuesday, September 30, 2008
Senator Chris Dodd Grade F-. I know an F should be the lowest grade possible but since it is now 110+ days and we still can not get information on his sweetheart deal with Countrywide Mortgage, I have taken the liberty of grading him down. What is even better is his massive campaign contributions from these fallen financial giants and his total lack of understanding of what is actually going on with his industry. Dodd should be recalled by Connecticut voters, censored by the Senate and or resign immediately for his lies to the public about this crisis.
Representative Barney Franks Grade F. Another clueless individual trying to rape taxpayers in this bailout bill. I never heard more twists and turns with policy, who to blame and why than from this man since 2004. Another ignorant politician who has massive power over the financial industry and uses it to his self glorification. Also someone else who needs to resign.
Representative Charles Rangel Grade F. He gives new meaning to ignorance and should be censored also. He just writes tax law but has no need to follow it. Maybe he can squeeze in a few more apartments at a cheap rate after all he deserves it.
Representative Nancy Pelosi Grade F. What a speech yesterday! I guess she is shooting for an approval rating of -9. Resign, what a disgrace to our Congress.
Senator Obama Grade F. Why would you have Franklin Raines as an Economic advisor is beyond my understanding. Raines should be in jail now for his looting of public money.
Finally Representative Maxine Waters Grade F-. If you thought nationalizing the oil industry was bad, try listening to her interrogation of the federal regulator during the Freddie and Fannie corruption hearings in 2004. What lies about Raines. Here is someone who should resign and run in Cuba.
Sadly these self serving, egotistic, corrupt politicians are still in office today and taxpayers from all walks of life will continue to pay for their greed, their self glorification and their ignorance.
Wednesday, September 24, 2008
bailout bill. Congress really needs to address itself and its failings especially when economics,finance and spending are concerned. And I wish hearings could start today on that.
Tuesday, September 23, 2008
I have to laugh at the pathetic nature of Reid, Pelosi, Franks and Dodd commenting that they are looking out for the self interest of the taxpayer in the bill. I guess this is why Franks has come up with the comical strings attached to the bill that he announced yesterday. My question to Franks and Dodd is why did they block legislation that could have prevented this mess in the first place? So that Dodd could protect his sweetheart mortgage deal with Countrywide? Franks comment in 2003 that the fears of Fannie Mae were "overblown" . At what point does Franks think things are overblown? When his cronies stopped looting the company? Who profited the most from Fannie Mae and Freddie Mac, Franklin Raines and the numerous members of Congress like Dodd and Franks that received donations from these two bankrupt companies?
Thus the bill will come to a vote soon enough and most members of Congress will know virtually nothing about what they are voting for. As a taxpayer this is a disgrace to anyone who chooses to live within their means and pays taxes in our country. A private market solution would work the best rather than a socialistic/capitalistic system that is evolving by a Congress too foolish and too self serving to understand how our economy works.
Monday, September 22, 2008
A simplistic view of the financial mess that is found in our economy today is that we need to spend less money. We need to live below our means to help create a better financial future. Many CEO's are not worth what they are being paid in these financial companies that are going broke. I realize that this falls onto deaf ears in Washington and Hartford but I can not see governmental ownership of mortgages where in essence, if you have this type of mortgage you are both the creditor and debtor of the mortgage. We are subsidizing those who have lived well above their means. Who really will pay for all this?
As an economist I really would love to see the free market system work again with that invisible hand guiding us along the way. So much for that in my lifetime.
Friday, September 19, 2008
Thursday, September 18, 2008
Why is the Constitutional Convention in Connecticut a bad idea? We have an unresponsive state legislature along with an equally unresponsive legal and executive branch of government, why not make them accountable? What is wrong with that? I am voting in favor of it.
Speaking of unresponsiveness, Wallingford voters in the 85th district actually have a choice between the incumbent tax and spend liberal Mary Mushinsky and a political newcomer Republican Mike Vitali. In my opinion he has a great chance of unseating Mushinsky who is completely out of touch with anyone who works for a living in Wallingford. Vote for Vitali in the 85th.
Another day and another no response from Chris Dodd and his unethical mortgage deal from Countrywide Mortgage. Why does he still represent us? Why does the media continue to ignore this major issue?
Sarah Palin continues to shine with John McCain. What a great choice and a great team. Compare Obama/Biden with McCain/Palin. The Democrats have to be wondering why they got suckered into this mess of a ticket, ultra liberal, combative, irresponsible, inexperienced, anti-woman, new and higher taxes, no leadership qualities. McCain/Palin will win...
Wednesday, September 17, 2008
I truly wish I could wake up from this financial debacle and see how a free market works again...
Tuesday, September 16, 2008
I have always wondered what it would be like to have a job and not have to do anything, not have to take any responsibility for anything, not have to be ethical nor have to worry about the laws that govern us. Then again I am not Chris Dodd, Barney Franks or any of the other Democrat Representatives or Senators who have abused their power for their own self interest and self gain.
Monday, September 15, 2008
Saturday, September 06, 2008
The tide is turning to two candidates who have the abilities to lead our country, John McCain and Sarah Palin. Not the other two candidates who are leaderless, pompous, arrogant and self serving. McCain=President.
Saturday, August 30, 2008
Sarah Palin brings a great deal for the Republican ticket and in my opinion will lead them to victory in November. She is bright, intelligent, reform minded, not afraid to take on political machines and has a great deal of common sense and love (being a Mother of five children). Whether you are a Democrat, Republican or Independent, you have to be proud of McCain's choice. Yes it is true that John McCain is ready from day one. And with his choice for Vice President it also shows his future vision, wisdom and ability to lead our country. Yes McCain-Palin, an excellent choice.
Wednesday, August 27, 2008
All of our members of Congress need no guidance, upholding of laws, or ethics values. We as taxpayers must understand that they are a ruling elite. They are nobility taking away personal freedoms at a whim in order to further their self interest. They talk all the time using rhetoric to their fullest advantage only to be trying to find the next angle to promote their own self interest.
Enough is enough, we as taxpayers in Connecticut need to force the issue of Senator Dodd's subprime mortgage and his subsequent mortgage bailout deal. It is too bad our local media is blind to this gross ethics violation.
Wednesday, August 20, 2008
Demand plays a small factor in the high costs of electricity. As we continue to see a grave economic decline in our state electric demand remains flat with high demand being generated in heat waves (more air conditioning being used)and thus the peak plants go to work and electric costs increase due to this. Also due to stringent air pollution laws electricity must be created in a "clean" manner and thus is much more costly due to the high costs of natural gas.
The state legislature with our tax dollars have passed three separate bills to improve electric efficiency for businesses and home owners, to help build more of these peak power plants and to provide assistance for those in need. These bills in my economic opinion have done little to help either businesses or consumers in the state or to lower electric rates. This is also an example of why the state legislature has no understanding of how our economy works or why Connecticut is in the economic mess that it is in today.
The solution to this problem without this OLR report is to build two or more nuclear power plants in Connecticut immediately. Nuclear power in 2008 is non polluting, cost efficient and highly efficient. It would help lower electric rates in our state, create jobs and help promote economic growth to a state which is badly managed from a taxpayers point of view. However my proposal may be too logical for the self serving, special interest peddling state legislature here in Connecticut.
Tuesday, August 12, 2008
We again view the United Nations as a hapless and helpless governing body which is unable to condemn this brutal attack on innocent and free people nor do anything about it. President Bush equally misplayed his response and belief in this new Russian Dictator who has reemerged as again a threat to the free world.
Senator John McCain spoke the truth in his response to this terror. Putin privately must be worried that a McCain Presidency will spell trouble for him. As a President, McCain will not be weak or meek against this type of unprovoked terror. My heart and prayers go out for the freedom loving citizens of Georgia.
Wednesday, August 06, 2008
Their excuses are comical. Nancy Pelosi is obviously more concerned about promoting her book rather than helping her country. She continues to show her inability to lead and her desire for her own personal self gain and glory.
I will applaud the small group of Republicans who have shown the courage to put America's interest first when it comes to energy. Voters hopefully will remember this debacle called Congress come November.
Tuesday, July 29, 2008
Congress with the exception of a handful of its 535 members are an egotistical, self serving, self promoting and corrupted bunch of mediocre politicians. Whether it is this bailout or a lack of energy policy or excessive spending Congress has pushed itself to the point of no return. It lacks ethics, it lacks dignity and most importantly it lacks the ability to govern for the good of our nation. What a waste of taxpayers monies.
Wednesday, July 16, 2008
Maybe, just maybe it is time for the chips to actually fall and clear out the excessive bad debt in these markets and allow real supply and demand to operate in these markets again. The demand is not there at this time for these excessively large homes which have driven our children out of Connecticut since they can not find affordable houses to start their families.
Let the giants fall, our economy will be strong enough to recover without further wasting taxpayer dollars.
Friday, July 11, 2008
The simplest solution for high heating oil prices is to build more refineries and drill offshore for oil and finally become energy independent in our country. I know 35 years is a long time for Congress to place the good of the country over their personal self interest but enough is enough.
The time has come to drill and produce in the United States. I wonder how many Connecticut citizens will freeze this winter and I truly wonder if Congress has the guts to act.
Friday, July 04, 2008
Here is the Declaration of Independence again taken from the United States National Archives. I urge all to reread it and see if we need to create a new Declaration of Independence from our current Congress and Government - written in English only.
The Declaration of Independence: A Transcription
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 harrass 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 benefits 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 Brittish 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.
The 56 signatures on the Declaration appear in the positions indicated:
Thomas Heyward, Jr.
Thomas Lynch, Jr.
Charles Carroll of Carrollton
Richard Henry Lee
Thomas Nelson, Jr.
Francis Lightfoot Lee
Robert Treat Paine
Tuesday, July 01, 2008
What we really need is a Congress that has the guts to promote and actually act upon energy independence not the tired song of more taxes on oil companies. We need a new Congress as many members have been in office since 1973 and have not done anything to promote our energy independence. Republican Presidential candidate John McCain has it right, we need a new energy policy and to make it work for our energy independence.
Congress has failed us on energy in 2008 and we need to hold them accountable especially here in Connecticut. Rather than worrying about their self and special interests (like Chris Dodd's mortgage deal) they should be worried about an energy revolt by the people they supposedly represent. What do we have to look forward to $6 a gallon heating oil and $7 a gallon gas? What is their solution? Congress and their inaction is tiring and ruining our nation.
Sunday, June 29, 2008
In my opinion all charter revision is, is a way for the Democratic party in town to strip power from Mayor Dickinson and make him a ceremonial Mayor. This would force the town to hire a Town Manager and watch the politics fly. The Democrats and a few in town can not find an effective way to try to get rid of Mayor Dickinson. They fail to run good candidates (look at how many votes Geno Zandri lost by when he ran), they fail to come up with new ideas. No it is always the same, the chronic complaints of how bad Dickinson is and how bad he runs the town. Politically they should see the light, Mayor Dickinson is a non egotistical, powerful leader who puts Wallingford above his personal self interests. Why does he win by such a large vote count each election?
Maybe those fighting for charter revision should do the same like the Mayor.
Tuesday, June 24, 2008
Your denial is an obscene gesture to the taxpayers that you supposedly represent. Those same taxpayers who pay higher interest rates for their mortgages and who are not entitled to any V.I.P. treatment.
Senator Dodd- Resign. Simple and to the point. Resign.
Tuesday, June 17, 2008
Mr. Dodd is Chairman of the Banking Committee and now overseeing a great taxpayer bailout of the greed and ineptness that graced this industry for many years now. This is unjust and does a grave disservice to those who pay their mortgages on time and followed proper procedures, rules and laws to obtain their mortgages.
Mr. Dodd lacks ethics in his denials. This is just another blatant disregard that the United States Congress has for taxpayers and the citizens they represent.
Tuesday, June 10, 2008
Thus we as gas consumers to add insult to injury must make sure we have that extra $80 to $100 in cash in hand for that next fill up in the quest to save realistically about .5 cents a gallon. For a twenty gallon fill up we can save $1. Wow! What an incentive!
It is funny how this is in the news today and we are not hearing anything about repealing the secret gross earnings tax which has help create the excessively high gas and diesel prices in our state.
Let me see what I can do with my new found $1. Thanks Hartford.
Wednesday, June 04, 2008
Why is this tax that important? Simply because it continues to allow our state its rampant and wasteful spending. It is time for this tax to be lowered back down to its original 5% level. The money is not going to support transportation projects but is dumped into the General Fund with little or no accounting for it. Stop this tax increase now. Taxpayers have had enough.
Friday, May 30, 2008
Wednesday, May 28, 2008
Friday, May 16, 2008
Thursday, May 08, 2008
Tuesday, May 06, 2008
Wednesday, April 30, 2008
Monday, April 28, 2008
Gasoline is approaching $4 a gallon. Diesel is at $4.50 a gallon and rising. Over 16%percent of the cost of gasoline and diesel is now taxes and will continue to escalate as gas prices continue to go up. Our costs of living are increasing daily because of this. Our elected officials in Hartford are enjoying this as they see more tax monies going into the general fund so that more can be spent. The secret gross earnings tax will go up again on July 1. And there is no action by Hartford. Nothing at all.
We are already the highest taxed state in the country at 38.3% per capita income based on local, state and federal taxes. Apparently state elected officials are proud of this distinction. Lower the fuel tax today. However, we know this will not happen any time soon.
Tuesday, April 22, 2008
Friday, April 18, 2008
No, what we have is good old boy he said she said politics at its best. Voters and taxpayers, we really need to vote these stale and pathetic politicians out of office in November once and for all.
Tuesday, April 15, 2008
you will see that our beloved state pays the most in combined state, local and federal taxes per capita at a mere 38.3%. Yes we are #1 in the country a full 1.2% less than New York. I wish to personally thank all of our elected officials at all levels of government for helping us to be #1. It is a great honor to bestow upon our state and one that they all should be proud of. Thus we will see a continual flow of our children, our brightest, our business and industry continue to flee our state for the foreseeable future. Why stay here and be overtaxed? Why stay here and support a never ending lobbyist form of government who steals from the middle class and give to themselves? Why does this exist?
Monday, April 14, 2008
We really have not learned anything since 1973.
Tuesday, April 08, 2008
Yes, In A Perfect World, Everything Would Be Taxed. Taxpayers can see this clearly in the sham called government which is led by Democrats in Hartford.
Wednesday, April 02, 2008
How many more innocent Connecticut citizens must die before this legislation is passed?
Monday, March 31, 2008
In my economic opinion we have an energy market which has become a collusive oligopoly, where prices are controlled by this oligopoly.
Our state enjoys the excessively high fuel prices as they reap greater and higher tax revenue from the secret gross earnings tax on fuel. This tax is obscene greed by our state government and should be eliminated in order to provide relief for energy consumers. But why cut that tax (or any tax)? That would mean that the state like us would have to cut spending and we know we can’t have that when an overspending bureaucratic government is Hartford's desire.
Here are some solutions that should be enacted immediately. Eliminate the secret gross earnings tax on fuel. Ban heating oil heat and water systems for all new housing. Give one year full property tax abatement for all housing that converts to hydroelectric/solar/geothermal and wind energy. Make all of these same systems exempt from state sales tax. All hybrid vehicles should be fully state sales tax and property tax exempt. Redevelop nuclear power plants to generate electricity. Develop greater efficiencies to our rail systems to move products to our state. Develop a monorail system which would be user friendly moving us from place to place. Connecticut could have for 35 years taken a lead in these areas. Instead we have 35 years of frivolous and inept energy policies from both federal and state government.
For 35 years I have been writing about high energy prices and our lack of energy policy. I am sure I will be writing for 35 years more about it also.
Tuesday, March 25, 2008
immediately voted upon and signed into law.
Tuesday, March 18, 2008
I urge Mr. McCain is consider her as his running mate. From all views this would be a winning ticket in November.
Yes, I and a majority of voters would elect a McCain-Rice ticket.
Friday, March 14, 2008
So we have more of the same by Congress, excessive spending, new and greater pork earmarks and higher taxes. My final question is then why are we going to reelect any of these politicians back into office in November? Why are they bankrupting our country's economic future for their own self interest?
Tuesday, March 11, 2008
We also see there is absolutely no movement by our elected officials to repeal Connecticut's secret gross earnings tax on fuel. Why should they? What a windfall this tax is - a mere 7.52% on most fuels, millions of dollars going to the state, what is better than that? With no accountability. Might as well get all you can off of energy consumers.
Thus all consumers of energy in our state will continue to be crushed under the weight of excessively high electric rates, irrationally high gas prices and obscene diesel and home heating oil prices. An energy induced recession.
What is the solution? In Connecticut it is government just taxing us more and in turn out of control state spending for the special interest groups that rule our state. What is better than that!
Tuesday, March 04, 2008
Why don't we ban everything in the state and go back to a foraging, caveman existence in the state?
We still see no movement to repeal the secret Gross Earnings Tax on fuel, why bother when fuel prices continue to escalate and this brings yet even higher tax revenue to the state. We must as well slam taxpayers even more with this tax. Why bother trying to resolve the real issues of our state? Like corrupt union members being paid back sick days, pensions and the like (New Haven, is anyone listening?) by taxpayers. A poor transportation system and excessively high taxes to name a few. It is time for a change in state government before it is too late. Too bad this falls on deaf ears.