Saturday, February 27, 2016

Welcome To The Weekly Connecticut Democrat Budget Crisis

Welcome to the weekly Connecticut budget deficit crisis.  Round and round the budget deficit goes where it will stop the Connecticut Democrat Party will never know.  Or care either.  With each passing week Connecticut seems to be having yet even higher and higher projected budget deficits.  The new deficit clocks in for fiscal 2017 at a mere $900 million dollars while for the current year to me it is any ones guess.  I will point out yet again Connecticut's long term debt as viewed through both short and long term bonding along with unfunded long term liabilities stands at $70 to $80 billion dollars in my best guess opinion (since the figures seems to be secret from the state).
Thus Hartford's Omnipotent One Party Rule has now run out of options.  Connecticut due to thirty years of unchecked and imbalanced Democrat rule is broke.  It has no more areas to tax, no more taxes it can raise, no areas of political nepotism and patronage to cut,  nor any more new jobs being created, nor any more new businesses moving into the state and lastly any more new higher income citizens coming into the state.  The Connecticut Democrat Party has raped and pillaged the state of its economic vibrancy to the point of no return for their own personal political gain.  And yet they will somehow spin this latest economic debacle upon a somehow "obstructionist" Republican party that has been completely shut out for years in the actual budgetary process.
It is the constant Democrat lie here in Connecticut.  A Democrat party that has lost its credibility with both the taxpayers and voters with its spins and lies about the budget.  With its spins and lies about its political appointments.  With its spins and lies about economic development.  With its spins and lies about taxes.  With its spins and lies about revenue.  With its spins and lies on spending.  And it seems that the Republican party only now is allowed for their opinions to be voiced in the media.  And only now will Republicans be allowed at the budget negotiation table.  When it is too late?  So that the Republicans will be somehow blamed for this mess?
What is the economic solution?  There are many solutions however they are not politically correct for Connecticut Democrats.  There needs to be a serious cut in the never ending levels of middle and upper level state employee managers and commissioners who receive massive levels of salaries, benefits and pensions for what amounts to do nothing jobs.  There needs to be an end to pensions that can be escalated with unlimited amounts of overtime.  There needs to be an end to lifetime paid for medical benefits for former employees.  There needs to be an end to the unlimited corporate welfare to politically correct companies in the state.
And that is only the beginning of what can be cut.
But these are hard political choices.  In my opinion much too hard to be made by Hartford's Omnipotent One Party Rule.  Too many of Hartford's Omnipotent One Party Rule would be forced to make do with less just like Connecticut taxpayer's have been doing for years now.
Connecticut is broke.  And will be forgotten economically.  Thanks to Hartford's Omnipotent One Party Rule.


Saturday, February 20, 2016

Connecticut's Budget-More Of The Same Rhetoric

Connecticut has many economic problems.  Connecticut in my opinion also has a leadership problem.  Connecticut seems to have the same problems year in and year out.  Just change the date and you will hear that businesses are moving out of the state, taxes need to be raised, young people are moving out of the state, there is never enough money for social welfare programs and services, union wages and benefits are too low they can never be cut, non-union management wages and benefits are too low they can never be cut, no programs can be cut because it will cause too many issues and that wealthy Connecticut residents do not, will not and never have paid enough in taxes.
Does this sound familiar?
It should because it has been the same rhetoric we have heard since the Utopian state income tax was passed in 1991.  I will point out also that since this time the Democrat Party has controlled both state legislature governing bodies.  I will also point out that state spending has grown by leaps and bounds since 1991.  In my opinion our state government has ceased being a democracy as Hartford's Omnipotent One Party Rule has eliminated any minority representation nor say in state government in this time frame.   Thus the Connecticut Democrat Party rules ineffectively year in and year out.  The Democrats fail to address year in and year out their bloated political patronage spoils system that benefits only the elite few who either contribute heavily to their party and or are politically connected enough to benefit from a lifetime of taxpayer paid for salaries, benefits and pensions.  That is really what matters for the Connecticut Democrat Party.  No laws or rules of our State Constitution exist for them nor do they need to follow them either.
So it is now 2016.  And Connecticut is bankrupt with billion dollar plus deficits and, at least, $70 to $80 billion dollars in long term unfunded debt and liabilities.  And the process starts again as Connecticut Democrats blame a lack of revenues (even though we are third highest taxed state in the country), Connecticut  Republicans are blamed for being obstructionists, and higher taxes will yet again solve all of the states problems.
Rhetoric.  A lack of leadership.  Massive economic problems.  The Connecticut Democrat Party is responsible for the economic dismantling of this state.  They are to blame.  And they still can not see out of their kingdom of spoils the destruction and ruin they have inflicted upon the remaining taxpayers of the state.   We really need to overhaul Connecticut and its non-functioning and non- preforming government once and for all.  But it may be too late.

Sunday, February 07, 2016

Malloy's Brave New World

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Connecticut’s sometime Governor Dan Malloy manipulates his office well.  In his new re branding as an austerity minded, fiscal conservative Governor in his latest State of the State speech he energized the Republican party and got his Democrat party upset.  Apparently if taxpayers are to believe him they will see a dawn of fiscal conservatism never felt in the state before.  And only he as Governor given full fiscal power can address the massive budget deficits that seem to continue and that he has created since he has taken office.
Taxpayers may wondering some of the following thoughts:
Where were the Republicans during the last four years of budget negotiations-were they not allowed to negotiate by the Democrats?
Hasn’t all budget debate been cut off by the Democrats in both the House and Senate every year?
What happened to roughly $5 billion dollars of tax increases that Malloy has created, the same tax increases that were supposed to balance the budget?
What happened to GE?
Why does Connecticut continue to have a net migration out of the state each year since Malloy has taken office?
For some media members to declare that Malloy has taken changed the political dynamics in state is absurd.  Malloy and Hartford’s Omnipotent One Party Rule continue to care less about state taxpayers.  Their concern is to continue the political patronage system that allows them to reward member of the Democrat party in high paying positions with massive salaries, pensions and benefits.  Was there any mention of cutting Judges pensions of $100,000 a year?  Was there any mention of an across the board pay cut for all state commissioners?  Was there any talks of cutting back the massive amounts of bonding that takes place yearly for political pet projects?  Of course not.  But there will be cuts to those physically and mentally disabled because that can hurt the most and get the most political press.
Thus it is more of the same, I am sure after months of supposed negotiations nothing will happen, taxes will be raised and somehow the Republicans will continue to condemned as obstructionists by all even though they are the minority party who are not allowed to represent the people who voted them into office.
More of the same, Malloy is a political chameleon whose only concern is his political career and reward.  It is too late to change the debacle created by him and his party.