Friday, July 29, 2011

What Plan?

Why don't the Democrats and the media understand that Mr. Obama has no plan to resolve either deficit spending or the national debt? Because if he had a plan of any sort economically he may have mentioned what it actually was. He has been in office over 2 1/2 years now-where is the plan? What is the plan? What is the problem?
And why is the blame on the Republicans in the House? They are trying to balance the budget and reduce the deficit. The Senate Democrats still have yet to develop a budget in 800+ days now. Is that right and justified? Or is that an abuse of their power and an insult to the taxpayers of America?
Thus its politics as usual and I place the blame for this debt crisis solely upon the Obama Administration and Congressional Democrats. There is absolutely no economic leadership from the Democrat party. None.
Come now-what is the plan?

Sunday, July 24, 2011

More Taxes And Spending, More Democratic Rhetoric

Well, we have more taxes and more spending by the transparent Malloy Administration. We have been given shared sacrifice if you work for a living and pay taxes here in Connecticut. Malloy has given us more taxes and more state spending. Malloy has given us absolutely no reform on state salaries, benefits or long term pension obligations. Malloy and his legislature have given us more of the same rhetoric we have heard for the past twenty years, more taxes and more state spending will solve all of our state's problems.
When in economic reality all we have is more of the same. We are one of the top three taxed states in the country. We have unfunded liabilities of $100 billion dollars and counting. We have negative job growth. How does higher taxes and higher state spending do anything to create economic growth in the private sector? Why these stale politicians are continued to be voted into office is beyond me.
More Democratic rhetoric, how poorly can they continue to govern our state?

Tuesday, July 19, 2011

Why Not A Balanced Budget In Washington?

Here is a novel solution to the self imposed debt ceiling economic debacle created by the Obama Administration: balance the budget and create a plan to pay off the national debt of $14.5 trillion dollars.
We as taxpayers must live within our means. We can not spend more than we earn or we face bankruptcy. That is also known as economic reality.
To me, there is little economic reality being offered by the Obama Administration. Raising the debt ceiling along with raising taxes and increasing spending is more of the same poor economic plan which has helped to create a mere $3 trillion more in the National Debt since Obama has taken office. Why has this happened? Why has this help to create stagflation? Are there any economic solutions that this Administration can actually offer that does not include more spending and more taxes? No-it is just more of the same. Something that does not work keeps being used over and over again.
Balance the budget and create a plan to pay off the national debt of $14.5 trillion dollars. Change that never happened-since 2009, change that ends not quick enough in 2012.

Sunday, July 17, 2011

The Politics Of Hartford

The politics of Hartford never ceases to amaze me. Realizing that as a taxpayer I really do not have any say whatsoever in our state government. We have a wildly swinging Governor who seems to be in over his head in self created economic turmoil. He chooses a well know political tactic by cutting programs and areas which he knows will upset many in the state. Illogical random choices by far and wide are essential so that the Governor can make his point politically. We will assume at the last second there will be some sort of union/Democrat compromise along with yet another round of tax hikes and all the previously mentioned cuts will not take place. The theatrics of Malloy, Democrats and the unions make for some good laughs and good political theater for the media.
However, it does nothing to help the state, those who own businesses in the state or the long forgotten taxpayers who support this economic debacle. It continues to accelerate the great drain of business, industries and youth from our state. For example the buying of 200 jobs for large corporations such as Cigna at the cost to taxpayers of upwards of $47 million plus does little to foster economic growth for the state. Again it is just the politics of Hartford. More of the same, taxpayers being thrown under the train (which will now cost even more to ride).

Tuesday, July 12, 2011

Why Raise The National Debt Ceiling?

The National Debt is a critical economic issue in our country. In my economic opinion, it continues to be the most serious economic problem of our country. Government spends much more than it takes in, it truly has no idea what is owed nor where the money is going. It is an economic debacle. Our elected officials in many cases envision that higher taxes continue to solve all problems yet we continue to see that higher taxes does little to solve debt problems nor stimulate the economy. Especially higher taxes on wealthier individuals.
Wealth should not be viewed as a burden to our economy. Wealthy members of Congress are hypocritical with regards to this issue, as they are able enjoy their wealth but not anyone else (Look at Nancy Pelosi as an example). The National Debt can be resolved by cutting spending. It is a simplistic concept. Less money is spent thus driving down the need for more money to be borrowed by the Federal Government. It is a realistic plan. It is a logical plan and it is a plan that needs to be implemented by Congress.
Mr. Obama is lost economically. His economic policies and programs have failed our economy miserably. The Debt ceiling does not need to rise to further promote inefficient spending by his Administration nor are new taxes needed. Cut spending now.

Wednesday, July 06, 2011

Should There Be Any Concessions?

Really should there be any union concessions in Hartford? Why bother? A drop dead offer and vote is agreed upon and now both sides need to save political face. This is occurring while taxes have increased to one of the highest levels in the country, people are still moving out of the state, and taxpayers have been completely disrespected through this whole sham of a negotiation process.
It is tough to remind our one party rule in Hartford that there is more to the state economy than state union workers. It is tough to remind our one party rule in Hartford that taxpayers who actually work for a living are supporting this current economic debacle called state government. It is tough to remind our one party rule in Hartford that they are the cause of this fiscal crisis through their ineptness in governing.
Thus the only concessions that occurred in Hartford were by state taxpayers who now must pay more to support both a totalitarian union and state one party rule government. What a great agreement for us!

Monday, July 04, 2011

July 4, 1776 -July 4, 2011 235 Years Of Freedom

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

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

Rhode Island:
Stephen Hopkins, William Ellery

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

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

Caesar Rodney, George Read, Thomas McKean

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

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

Button Gwinnett, Lyman Hall, George Walton