Saturday, January 31, 2015

The Plan Versus $80 Billion Dollars Plus

Since we still do not have an economic plan to balance the state budget from Dannel Malloy and Hartford's Omnipotent One Party Rule except to cut funding to those who are most vulnerable in our economy, we can only view the free money given to the start up Back 9 Golf Network and other companies here in Connecticut.
Apparently since there is no word on the economic plan either to cut spending or how high taxes are going to be raised from Dannel Malloy and Hartford's Omnipotent One Party Rule, it is time to try to understand the free money that has been given to businesses to either relocate in the state and or move to the state.  For example the money given to Back9 Golf Network,  the $20 millions dollars to USB, the money given to Cowles Company to move from New Haven to North Haven, or better yet the $260 million dollars that the state's Department of Economic and Community Development spends basically unchecked and unquestioned.  Is this really economically productive?
I find it amazing that we never hear about the amount of money that has been written off by the  Department of Economic and Community Development or any other state agency when a business or group is given free state taxpayer's monies and is no longer operational.  I am curious as to how much money has been wasted in the past four years plus of Dannel Malloy and Hartford's Omnipotent One Party Rule.  And more importantly why we can not get answers to this question as taxpayers.
Hartford's bureaucracy protects Hartford's bureaucracy.  There is no transparency, no answers to the economic issues in the state and no truths emanating from Dannel Malloy and Hartford's Omnipotent One Party Rule.
So there is no plan for a balanced budget nor figuring out how to pay down Connecticut's $80 billion dollars in long term debt.  $5 million dollars here, $5 million dollars really does not buy much any more for Dannel Malloy and Hartford's Omnipotent One Party Rule except to cut funding to those who are most vulnerable in our economy.


Saturday, January 24, 2015

The Harsh Malloy Cuts Round II

Here they come Hartford's Omnipotent One Party Rule and Dannel Malloy's cuts to the state budget.  How about more cuts to social service programs that help disabled Connecticut citizens?  That is the essence of these cuts.  In showing their strength and fears of taxpayers backlash,  Hartford's Omnipotent One Party Rule and Dannel Malloy are now running scared.  For the first four years of Hartford's Omnipotent One Party Rule and Dannel Malloy rule there was no budgetary discussions with the Republican party.  Now all of sudden Malloy wishes to talk?  Why?  It is because the unchecked non stop state spending from the past four years and the largest tax increase in state's history has done nothing to stop the constant flow of red ink in Hartford?  Is it because of all of the taxpayer dollar scandals that Hartford's Omnipotent One Party Rule and Dannel Malloy have been involved in are now starting to unravel?  And is all of that free taxpayer's monies that was given to the politically connected now gone?  Many questions however as usual no answers to Hartford's Omnipotent One Party Rule and Dannel Malloy's misguided and inept economic policies that have entrapped our state for four plus years now.  More to come.
As far as the budget cuts are concerned there is no mention of a rescinding of pay cuts for Commissioners and staff that were enacted by decree last month.  There is no mention of eliminating full pensions after three years of service to the state for state judges.  There is no mention of the free giveaway of state taxpayer's monies to entice companies already located in the state to move from one town to another in the state on the false promise of new job formation.  There is no mention of the amount of companies here in Connecticut that already have gotten that free money and are no longer in business and no longer employing any employees.  Why is that?  Because of all of the economic and political corruption that Hartford's Omnipotent One Party Rule and Dannel Malloy have created in Connecticut?
Connecticut's Founding Fathers must be turning in their graves to the see the current condition of our state.  Hartford's Omnipotent One Party Rule and Dannel Malloy continue on a day-today basis show their complete disregard for taxpayers and their only concerns to their powerful political machine.  I truly feel sorry for those disabled and taxpayers here in Connecticut.

Saturday, January 17, 2015

What Is The Point? I Could Write About?

I do not know what is the point?
I could write more about the Dannel Malloy and Hartford's Omnipotent One Party Rule continuing, never-ending budget deficits.  These are the same deficits that did not exist during the campaign according to Dannel Malloy and Hartford's Omnipotent One Party Rule.
I do not know what is the point?
I could write more as the deficits continuing to climb while tax revenues especially for Connecticut's secret 8.1% gross earnings tax on gasoline collapse.  And at the federal level our economically challenged  Junior Senator Murphy wants a higher federal gas tax for highways.  I just wonder where all the money went from all of the gas taxes paid at the state and federal levels?  And we have a horrific highway system especially here in Connecticut.
I do not know what is the point?
I could write about all of the unfunded mandates here in Connecticut that place our towns and cities into economic stress.  For example in Wallingford an unfunded $20 million upgrade to the wastewater treatments plant to process new stormwater treatment requirements.  Who is going to pay for that-taxpayers of course.
I do not know what is the point?
I could write about a lot of things.  I do not know what is the point?  Especially living in an age where our political system has developed into a privileged class exempt from rules and laws and allowed to become rich at the taxpayer's expense all the while blasting those who work hard and are productive in our economy.  And then asking for their political donations to keep them in power ad infintum (to infinity).  Ironic isn't it? But then again isn't that the point?


Saturday, January 10, 2015

Skeptical-The Malloy Plan-More Taxes, New Tolls, More Taken Off Budget and Hidden From Taxpayers View

Skeptical.  Would Tom Foley have made a better Governor than Danell Malloy?  I am certain he would have.  I am skeptical of the Malloy "Plan" that Mrs. Malloy alluded to in her recent attack on Tom Foley.
I am skeptical of the Malloy "Plan" as we still have not seen a coherent "Plan" which addresses a new $1.2 billion dollar budget deficit and $80 billion dollars plus of long term unfunded liabilities.  The Malloy "Plan" along with Hartford's Omnipotent One Party Rule decrees will include in my economic opinion more and new taxes, the introduction of tolls again on our road system (which is supposedly supported by one of the highest gas taxes in the country) and more money being taken off line and off budget and hidden from taxpayers view.
Taxpayers are skeptical after they were told by Malloy and Hartford's Omnipotent One Party Rule that there was no budget deficit during the campaign.  When the lies and the election was won through the help of manipulations of extended voting in Hartford two positions were quickly implemented by Malloy and Hartford's Omnipotent One Party Rule; that we now have a massive budget deficit and we need to give raises to the most politically connected in Hartford or we will somehow lose their expert guidance in running our state to economic oblivion. 
Thus the skepticism continues as the lies mount with the Malloy "Plan" along with Hartford's Omnipotent One Party Rule.  We have a continuing never ending economic crisis in Connecticut that is fueled by excessive and corrupted state spending by Hartford's Omnipotent One Party Rule.  And it will still not be addressed in 2015.
Skeptical.  What Connecticut is from the Malloy "Plan" along with Hartford's Omnipotent One Party Rule and their lies.

Saturday, January 03, 2015

Hartford's Spoils System Continues Unchecked

From my last post on 12/27/14 I mentioned the enormous raises that Dannel Malloy is giving a small minority of his political inner circle using taxpayers monies.  In a year of supposed fiscal restraint who cares about this $1.4 million dollars of taxpayers monies other than the taxpayers whose pockets it is taken out of.  I am curious as to how Malloy and Hartford's Omnipotent One Party Rule can justify these raises under the constitutionally mandated spending cap?  Is this going to another example like the $3 billion dollars of taxpayer funded monies for Medicaid that was taken amazingly enough off budget and out of the general fund?  In 2015 where is this $3 billion dollars coming from?  In economic reality this is a large percentage of the state budget that is no longer accounted for and gets shoved down into the excessive long term unfunded liabilities that Connecticut has to the tune of $80 billion dollars or more.
Connecticut under Malloy and Hartford's Omnipotent One Party Rule has become a utopia of a legal in their own mind spoils system.  Malloy and Hartford's Omnipotent One Party Rule will continue unabated their redistribution of taxpayers monies from those in need and from essential services to their elitists spoils system of the politically connected who dominate, destroy and corrupt Connecticut. 
Hartford's spoils system continues unchecked, maybe this year Republicans in the state legislature will have the guts to stand up and question this economic waste that is called state government.