Connecticut Legislative Democrats Follow No Law

To me it is true that Connecticut Legislative Democrats have no need to follow any type of law in our state. Laws no longer apply to them. The new slap on the wrist on Senator Crisco for what amounts to forging checks is laughable. Trust me if a private citizen did this, they would be arrested, because surprise it is against the law to forge a check. Whether it is the countless Gaffey illegal doings or now an actual forger, the Connecticut Democrats have once again proven that they are above any law in this state. And the silence from the Attorney Generals office is quite deafening at the same time. Maybe it is time that taxpayers call in Federal intervention to these illegal doings.
We as taxpayers must realize that we have in Hartford a horrific and unethical Democratically controlled Legislature that really needs to be stopped once and for all. They are so out of touch with any reality whether it is the lack of a death penalty to socialized health care, or the ripping of the constitutional power of the Governor's office to appoint a Senator(I am hopeful that Dodd is now being forced out and that is why they came up with the bill).
Governor Rell needs to veto many bills coming up and the remaining Republicans need to filibuster any attempt to override these vetoes. Voters and taxpayers really need to vote these people out of office in 2010. Enough is enough.

Is There A Difference In Political Ideology?

Can there be a difference in political ideology? As one tries to understand a concept politically of moderation in the Republican party, I am personally lost as to what former General Colin Powell is trying to tell us. He wishes for Republicans to reach out to a view of moderation yet he does not endorse a Republican moderate such as John McCain who was the Republican candidate for President. He choose to endorse a liberal with no experience who also happened to be a Democrat. He claims he still is a Republican. Why? His views and new founded political ideology seem to be opportunistic and more in line with the Democrats. Thus in my view he is now a Democrat and should be embraced by that party and leave the Republicans.
In theory there can be more than two views represented by both the Democrats and Republicans. Two parties who have the same political ideology create one party rule which we now see in Washington. Mr. Specter proved that point of political opportunism and is a great candidate to be voted out of office.
Republicans in many cases believe in conservative principles such as smaller government, lower taxes, personal responsibility, self sufficiency, small business development, the basic laws of supply and demand which run capitalism, personal wealth formation and most importantly freedom. I personally do not see any of those ideologies embraced by the Democratic party. The Democratic party in America today seems to have a great hatred of our country and is only concerned with an ideology of political self interest and gain by any means. It is an ideology that is skewed and will ultimately lead our country to ruin. The Republican party has the ability to lead our nation to greatness again. The question is will they be ready to lead as they take a new majority in Congress in 2010? With conservative values and principles they can.

Could You Pass A Few More Laws?

Yes, could you pass a few more laws? Could our Connecticut State Legislature just pass yet a few more laws? I become more amazed at the sheer number of laws that we have in Connecticut, many meaningless and in some sort of strange symbolism. Laws which are apparently passed to impress us and see what our part time legislature is capable of doing. Laws are passed each year which continue to exert more and greater control over our lives yet a law has been passed so that we can not end someones life if they have murdered someone else. Thus we have to support this murderer to the day he or she dies. Laws control how and where we drive, how long we can actually keep our motor running, and excessive tax laws have been passed on every aspect of our cars maintenance and use. Laws control business and industries to the point that these same businesses and industries flee our state on a daily basis. And then new laws are passed to continue to burden the remaining businesses and industries left in our state.
We could save a great deal of money by eliminating our state legislature or just allowing them to meet every two years and have voters vote on the actual budget as presented. The need of this legislative body has long passed in our state and taxpayers need to realize that the excessive laws passed by the Connecticut State Legislature and its one party rule have helped to bring about the demise of Connecticut. Please flee while you can.

Work Creates Wealth

Yes, work creates wealth. And no, good old fashion government stimulus, pork barrel, deficit laden spending does not work. By working one can create wealth and this concept can take place of a tickle up effect that this current administration is trying to create through a massive level of governmental spending/debt and redistribution of wealth. The question that still has yet to be answered by multimillionaire politicians in Washington, is why is wealth bad? Why haven't in 60+ years of wealth redistribution by government at all levels hasn't all poverty been eliminated? What is so new about another great society program which penalizes those who work for a living to give to those who choose not to? What we have in 2009 is again the same tired arguments that capitalism is bad and only corrupt special interest government is good. And these same tired arguments are made by multimillionaires who have been able to create their wealth by their power in government. Just look at Chris Dodd and Barney Franks.
In economic terms, work creates wealth. Capitalism promotes wealth. The United States Congress and our current President does neither. And yes work does create wealth.

My Name Is Swick-Spell It Right

It is not a tough name to spell S w i c k. Swick. We just moved to another house here in Wallingford and I have been floored by the number of misspellings made and the number of mailings sent to us selling us every service known to mankind. My wife uses her maiden name which further confuses the folks who actively sell these lists.
The winner take all in these botched mailing lists is Councilman Mike Brodinsky Democrat of Wallingford. Yesterday we received two form letters from him with my last name spelled Swicki and my wife's Bently (it should be Bentley). These variations on our names came from a second batch of mailings that we started receiving in late March (I have also gotten Sweck, Swiick and Swck). Mike's letter was interesting and his magnet with his name on it was cute. However since all of that went into the garbage I would have hoped that a prominent Democrat such as Brodinsky would realize who I was and not waste two stamps sending it out to my wife and I since we are both Republicans and I am on the Town Committee. To me it is just another example of how an elected Democrat works. Please try to remember my name is Swick next time you buy a mailing list.

Incredible Laws Passed

The Connecticut State Legislature never ceases to amaze me. Some of the laws that they passed in the session were incredible. Instead of worrying about a massive budget deficit that is only going to drive more people out of state, they are concerned with their own power and self glorification. The bill to eliminate the death penalty is a farce. We are now giving even more power to criminals and we are saying the hell with victims through this law. I am confident that Governor Rell will veto this bill. I am just curious what would happen if some liberal Democrat family member was murdered. Wouldn't they want to see justice? Nope they would prefer if taxpayers would just support the criminal for the rest of their life. That is the liberal view if I ever read one. I also like the laws to make it a crime if you idle your vehicle for more than three minutes. I had to laugh at that one also. Maybe some of Obama's free monies can go to Connecticut to hire engine idler state employees enforcers. This would create jobs for the state and create more political patronage. Let's also eliminate all plastic shopping bags. After these same bags apparently have caused all of the supposed environmental ruin we have in Connecticut. Maybe they can charge a $10 tax on these same plastic bag polluters.
I have just given voters just three more reasons to vote out of office in mass, the do nothing, liberal, out of touch with reality, Democratic State House and State Senate. What a debacle they have turned Connecticut into.

What Ethics in the United States Congress?

What do you mean by ethics being found in our United States Congress? I personally can not see it. Brave Republicans along with 29 Democrats brought to vote a campaign finance inquiry that would have investigated several influential Democrats in particular Rep. John Murtha and his connections to the lobbying firm PMA. PMA was raided last year by the FBI with records being removed from the company. Murtha along with fellow Democrats, Rep. Jim Moran, and Rep. Peter Visclosky, were able to channel $137 million to defense contractors who were paying this lobbying firm, PMA to get them government contracts. I guess this was ethical. I guess there was little wrong with this gross violation of ethics. And why have an inquiry of the Democrats who did it? We as taxpayers realize that there are no laws which govern Congress. Just look at our poster child, Chris Dodd and his lack of values. We know if the Republicans had did this, the investigation would have commenced. Eight times the Republicans have brought up this measure and I hope next time it passes. Maybe if you have time write your Representative and ask what they afraid of by this investigation. Truth does hurt especially when you have no ethics.

The Dodd Debacle Continues

Another day that the Dodd debacle continues. Does Chris Dodd actually think we believe anything he says anymore? Does he really have any credibility anymore to serve as a Senator? I had to laugh at his vain attempt to spin his wife's qualifications in his article in the Sunday 5/10/09 Hartford Courant. Does he believe that the people of Connecticut buy into his chronological "facts" that his wife is qualified for all of her high paying board jobs? Does he think that his wife was not able to to use her political influence to obtain the jobs? Of course she was. She has little if any qualifications other than being Chris Dodds wife and as such was entitled to the $500,000 worth of income she supposedly works for.
In a blinded sense Chris Dodd and his wife live in a fantasy world, where laws and rules do not apply to them nor does any ethics or credibility apply to them either. They have the abilities through their power to rape and pillage taxpayers under the guise of representing their constituents. They are most importantly above the law. I am confident that the intelligent voting public of Connecticut will turn out in record numbers in November 2010 and vote this disgrace of a Senator out of office. It can not happen soon enough.

The Gaffey Mess Continues

The Gaffey mess continues. Who cares about the fine. Senator Gaffey from Meriden had a hiccup, made a mistake, whatever. It is old news. It really is not important for the Senator from Meriden to have ethics or be ethical in any of his dealings. What oversight? Are you as a Senator that stupid about the laws your campaign should be abiding by? And why do you still have your job Senator? If you were in private industry you would have been fired for your actions plain and simple. Without fanfare, without an apology. Yet taxpayers in Meriden and throughout Connecticut must be subjected to your disregard of law and lack of ethical behavior whether it is this situation or all of your other messes in past years. Mr. Gaffey you could have made the ethical choice and resign from your position. But no, your politics is driven by your corruption and as such you subject your constituents to it.
Enough is enough, I truly hope voters vote this Senator out of office next year.

The Economic Reality of Debt

There is the economic reality of debt. Our Federal government does a good job of hiding this dirty little secret. With this new administration and its stimulus package we are gearing up for an incredible amount of national debt for the future. At this time we as a government owe about $11.3 trillion dollars in our national debt. It is a staggering figure. It is a figure that will burden our economy for decades. And it is not necessary. If we examine the rushed earmark filled stimulus package we can see massive wastes of taxpayers monies which will ultimately lead to be more national debt. Realistically the stimulus package has done little at this time to create economic growth or development. Nor will it do any for the future. Personal economic freedom and the functioning of the free economic system should be the goals of any democracy. Again the dirty little secret of this socialist plan by the Obama administration is simple enough. Wealth redistribution, central planning and higher taxes. All failures if you study economic history. The path is being paved for a revolution in the voting booths in 2010 and 2012. Then real change will take place.

Jack Kemp

Rest in peace, Jack Kemp. Jack Kemp was a great believer in freedom. He believed that the supply side needed to stimulate the economy. He believed that tax cuts would continue to stimulate the economy while tax increases took the growth out of our economy. His Empower America theme and organization helped to bring to debate the concept of personal empowerment helps create economic freedom. He was a strong Representative from upstate New York for nine terms, a Housing Secretary under President George H.W. Bush, a former candidate for President and a Vice Presidential nominee in 1996. He also was a great football player for the Chargers and the Bills. America's Conservative movement has lost a great friend today with the passing of Jack Kemp. His words, actions and thoughts will be greatly missed.

101 Long Economic Days

It has been 101 long economic days. In the past 101 days of this new Obama administration we have seen economic free market systems being torn apart and ill advised governmental spending being celebrated. It has been 101 long economic days when we see an increase in the national debt of over $6.5 trillion dollars with absolutely no long term plan to start paying this debt. A debt which will grow from its current $11.2 trillion level to upwards of $20 trillion by the time this administration leaves office in 2012. Nothing is left to any economic logic nor understanding of economic consequence for these actions. The long term implications of our excessive Federal spending is simplistic, bankruptcy. The Democratically controlled Congress is only concerned with their own self serving interest which will drain the economic vibrancy of our country to the point of no return. Our current national debt will be a cancer that can never be cured for our economy. 2010 can not happen soon enough.

The TARP Scheme

TARP is a scheme. It is a way to steal money legally from the taxpayers who have put up $700 billion dollars to the Troubled Asset Relief Program. It is a way for Barney Franks, who help to create the financial meltdown in our economy to write a provision in the bill for his beloved OneUnited bank. It is a way for confusion to reign for the banks who received the monies and now for New York Attorney General Cuomo to gain political leverage from it. TARP was supposedly set up to buy bad or troubled assets from the banks which were having financial problems in order to help them recover. It has turned into a political free for all with the government wanting to buy shares of stocks in the banks, and to also give financial aid to GM and Chrysler. And the list of earmarks on this program grows day by day.
TARP is a mess and continues to be a mess. It is now a colossal waste of taxpayers monies with absolutely no accountability to the program itself. I am truly amazed that in an economy with many brilliant economic minds we rely upon the economically illiterate to run this program and to turn it into a political gain. What a waste of taxpayers monies once again.

The No Reality Connecticut State Legislature

We have working for us a group of legislators who do not believe in economic reality. They live in a fantasy world, a world of nobility and pomp, a world where rules do not apply to them and most importantly a world which is governed by special interest lobbyists. Two proposed laws truly astound me this session, the one to eliminate plastic shopping bags and the repeal of tax exemptions on heating fuels, prescription drugs and some foods along with many services. The bag ban is ridiculous. Consumers actually use plastic bags to carry out their purchases from a store. I know this sounds amazing to the legislature who obviously does not shop in stores nor buy any groceries. It will hurt mainly older folks who wish to carry smaller bags from the store so they are easier to handle. I know personally my 88 year old Mother prefers smaller bags to carry from the store. Also I am not sold on all of the supposed environmental benefit to banning them.
In an effort to cover up the years of excessive Democratic spending, many of these same Democratic legislators wish to tax virtually everything and many services. Why? To continue their wasteful spending? To continue to hire political hacks in excessively compensated positions (like Chris Donovan's mouthpiece)? What a continual waste of taxpayers monies. And the net result will be more people moving out of our state. We really have a non economic reality state legislature. We really have no representation. Let the tea parties continue...

Economics In The New World

I need to forget everything that I have learned studying economics since I was a Freshman in high school. Yes 36 years of teaching, studying, reading and writing about the subject needs to be emptied from my brain. For economics has been reinvented by the Obama Administration in less than three months. 36 years versus 3 months. Well of course I am going to buy into the 3 month plan. Highlights of the 3month plan include but are not limited to doubling the national debt in one year, greater and more costly borrowing to finance the debt, tax evasion by cabinet members, in particular a leader of the actual treasury agency who does not need to pay taxes, stimulus which equal pork dripping overpriced work projects which do little stimulus if at all, and most importantly excessively high spending to go along with excessively high taxes. We are looking at a bankrupted future due to the new economic concept that government not the private sector trickles down money not the private sector. I guess that makes sense for someone who has never worked in the private sector yet earns the bulk of his income for 2007 and 2008 from it (book sales last time I checked were private sector although I could be wrong today).
The tea parties will continue and will gain even more strength much to the chagrin of the administration and the media. Economics 2009 leaves a great deal to be desired.

The New Revolution

The economic seeds of discontent have been sown and the result is a new movement to take back our government at all levels, federal, state and local. The April 15th Tea Parties represent our nation's future. Common citizens of all walks of life, Republican and Democrat, Independent and non political are fed up with economic policies which will ultimately lead our country to ruin. We are fed with a $11 trillion dollar national debt and a debt which is owned by foreign countries. We are fed up with nationalization and socialization of our economy. We are fed up with taxation without representation. We are fed up with special interest groups dictating what legislation passes and what we as taxpayers can and can not have. We are fed up with government trying to control every aspect of our lives with the ultimate result being a continuing decline in our quality of life. Liberals and socialists in our government are fearful of the Tea Party movement for it represents the new dawning of politics. Politicians are self serving, non ethical and ruthless in their supposed representation of the common citizens of our economy. The time has come for real change, the Tea Party movement will now go forward and facilitate it.

Don't Forget The Tea Parties on April 15!

Don't forget the tea party protests for April 15th:
Here is the info for all from the The Federation of Connecticut Taxpayer Organizations site

THE FOLLOWING APRIL 15 PARTIES ARE PLANNED….

· The Norwich tea party will be held at 3 p.m. Wednesday at Howard T. Brown Memorial Park on Chelsea Harbor Road , roadrallyct@yahoo.com

· Westerly/Pawcatuck tea party will be at noon Wednesday in Westerly at the Rhode Island Department of Environmental Management's parking lot at 99 Main St .

· Hartford's tea party is at noon Wednesday on the north steps of the Capitol Building, 210 Capitol Ave., hartfordteaparty@gmail.com

· New Haven's tea party is 11 a.m. Wednesday on Long Wharf Drive on the water, with parking available at Ikea, newhaventeaparty@gmail.com

· Greenwich Tax Day Tea Party is from 3 to 5 PM at Town Hall, Field Point Road , Contact Matt Lechner , mattlechner@optonline.net,

Please attend and let us all take back our state and country from taxation without representation. Enough is enough.

Pirates = Terrorists, Hostages = Weak Leadership

Take your pick, a pirate is the same as a terrorist. Money is involved in both examples, the Somalian pirates enjoy their brand of shake down terrorism by extorting ransom monies from their captors. How much for a United States ship captain? One million, maybe two million? What is the price for human life, especially for someone from our country? And why the diplomacy involved? These pirates are the same as terrorists and should be treated as such. Our military should be eliminating these terrorist pirates from the seas so that law abiding ships can pass through the waters. Obviously the Somalian terrorist pirates are accepted and enjoyed by the rogue Somalian government. And to this current administration it is a distraction to the countless and endless pursuit of economic stimulus which is just not happening with the recent pork bill that passed. Distractions do not occur to the Obama Administration. I guess this situation is not real? Why haven't we used our military power to free a United States citizen? What happened? We have lost our ability to lead in scant few months? This reminds me of the Iranian hostage situation when President Carter did not have the guts to resolve it militarily. History does repeat itself with a weak American leader. We can only pray for the safety and lives of the thousands of new hostages which will be taken over the next four years.

Chris Dodd Won't Just Go Away

No he will not go away. The Chris Dodd, I did nothing wrong campaign for re-election for Senator is in full swing. Dodd, realizing that he lives in Connecticut again rather than Iowa is now showing Connecticut residents all the great things he has done for the state over the past 34 years of imperial power. He was in Middletown, a few days ago, buying some votes to anyone who will listen to him. Several letters to the editor have been published stating that he really did not do anything wrong but get some political payback, therefore one must assume that he is actually entitled to it being a United States Senator.
To myself and many other voters, the facts are clear. Dodd has corrupted his office and help cause one of the greatest financial meltdowns in our nation's history. He can not run from the responsibility of it. Affordable housing and the covering up of Fannie Mae and Freddie Mac are on his watch and leadership. He has misused and lied to the people he represented and will lose his office in 2010. No amount of campaigning for him can undo the mess he has created. Dodd will lose in 2010 and Connecticut will finally have a new Senator who is not corrupt and unethical like our current one.

North Korea's Nuke Launch-What Response?

So what was America's response? Run to the United Nations and hear what, see what and explain what? I think the bigger question that Americans need to ask from this administration is why was this missile allowed to take off in the first place? Why was it not intercepted by our intelligence agencies? We now have a rogue nation which is fast becoming a major threat to our country and all our President is concerned with is granting concessions to Russia with regards to the missile shield we should be building in Poland. Why has this become American policy is just three short months, bowing to your enemies and alienating your friends? Where will this get our country? Back to a new cold war? For what reason, because of the lack of experience this administration has in all aspects of foreign policy? There are many questions that need to be answered quickly by our country. The campaign is long over, maybe this administration needs to start showing some leadership against the new threats it has help to create on a global scale.

Another Bitter Democratic Budget-Tax and Spend

I wonder why Connecticut Democrats hate taxpayers in our state? With their laughable current budget proposal they truly show their hatred of those who work for a living and own businesses here in Connecticut. How is their budget actually a budget? To me as an economist, it is just a massive increase in spending coupled with a massive increase in taxes. It is difficult to view in any other manner. Yes there are magical and mythical types of savings based upon some sort of projected cuts and increases in revenue although I personally can not figure them out. But the focus of the Democrats budget is simple, increase taxes on virtually everything especially the income tax and continue to spend at higher levels. This you can figure out even if you are not an economist. Thus this budget is the same that we have seen when the Democrats control the legislature, no programs can be cut, no spending can be decreased and most importantly taxes must increase. With these increases we will see more of the same in Connecticut, more businesses moving out and more young people moving out of the state. I know the Democrats are proud of the current mess they have created. 2010 can't happen soon enough.

What Is The Point In Running General Motors?

What is the economic point in running General Motors? Or Chrysler? I did not know President Obama is versed in economic issues nor had a degree in Business Administration? I also do not know what 60 or 90 or 120 more days will mean for General Motors if there are not major pension/benefit concessions by the UAW. Oh I forgot whoever is actually running GM must now do so without any change in the current debacle of a labor agreement that is has with the UAW. I forgot whoever is actually running GM can strip its preferred stock and bond holders of what is rightfully and legally theirs and not worry about any type of labor concessions. Maybe it is time for raises for UAW members for their non productivity and years of retirement.
The sad part about the whole situation is that GM could have gone into restructuring over a year ago (bankruptcy) and they would be well on the road to recovery with realistic labor agreements and a smaller line of vehicles (and actually make a profit on the cars/trucks they sold). In economic terms this fiasco for GM is only the beginning for poor governmental decision making intervention in what should and needs to be a free market capitalistic economy, where supply and demand rule and the invisible hand weeds out poorly managed and unprofitable companies. Is anyone in Congress listening? Or are they too busy running their feudalistic serfdom now called America?

The Problems of Chris Dodd Never Cease

Do you think Chris Dodd could survive one day working for a private company? With all of the baggage that he has at this time, why would anyone want to hire him? Why do taxpayers have to still put up with him? Why does he even consider running for re election with all of the twists, turns, lies and deceptions he has forced upon Connecticut residents for the past six years. What can he offer our state anymore since he has turned the position of United States Senator into his own personal play land of payoffs and patronage? How can anyone in the Connecticut Democratic party actually endorse this type of corruption? And why has our political system in Connecticut succumbed to this lack of ethics?
The new allegations against Dodd and his forgetfulness of who from AIG actually gave to his campaign, his wife's forgetfulness of which boards she sits on and get paid from and last but not least his sweetheart mortgage deal should not be forgotten in 2010. Dodd deserves to lose and will in 2010. It is just too bad that taxpayers must pay for his never ending pension he will receive from us as he retires.

Sunday's Random Thoughts

Here are some of my Sunday's random thoughts...
The tea party movement is here to stay as taxpayers from both sides of the aisle express extreme frustration with both parties tax and spend nonsense and excessive long term debt that they our bestowing upon our economy. The economic stimulus package which was not read by most who voted for it is a childish economic exercise of tax and spend. It has great long term economic implications which will ultimately lead to economic stagflation and long term recession. It was foolish and shows the lack of the economic knowledge this administration has.
Chris Dodd will lose in 2010 no matter who he hires as a campaign manager. No campaign manager can undo the years of political ineptness that this man has bestowed upon Connecticut. He is a liar, he is corrupt and he will be voted out of office in 2010. He does have a massive uphill battle and will lose.
Why doesn't the state try to investigate all of its wasteful spending on bonuses for the Connecticut Student Loan Foundation rather than AIG? Oh I get it, the CSLF is exempt of any wrong doing because of its political ties. The two tier system is alive and well in Hartford-just keep taxing people and businesses out of state - that should solve all of our problems. Naturally anything our state government does is correct and anything the private sector does is evil and corrupt.

The New Democrat Tax On Shopping Bags

House Bill 5215. This is a beauty developed by Connecticut's tax and spend Democrats. If you forget to bring the "green" bags that you were forced to buy at your grocery stores, you will now charged a tax of five cents for each paper or plastic bag that you use. These monies will supposedly go to state Department of Environmental Protection. The state is projecting stealing $10 million dollars from state taxpayers when they shop. I truly do not believe that one cent will be going to this department but will be lumped as usual into the state's slush fund better known as the General Fund. What gives the right of the state to do this? What about elderly shoppers who may not be able to carry the "green" bags? What a rip off as usual by the tax and spend Democrats in Hartford.
Thus this assembly promotes more of the same, higher spending and higher taxes using any excuse they can possibly muster on any possible aspect of our lives. I urge all taxpayers to voice their opposition to House Bill 5215. There is no need for this theft to occur.

Why Not Tax Lobbyists At 90%?

Why not tax lobbyists at 90%? Just a thought. Since the AIG bonuses are a legal contractual agreement, why doesn't the state and federal governments look into taxing paid lobbyists at a 90% level? This would be a great source of revenue for our bankrupt state and federal governments. Maybe Governor Rell could subpoena all the registered state lobbyists and grill them as to why they are making so much money and how they are influencing the excessive costs of both our federal and state government. Maybe there could be full page articles in all of Connecticut's papers disclosing how much money they actually contribute to politicians on both sides of the aisle and the corresponding legislation that was enacted because of these same contributions. The same could be said for federal lobbyists and their contributions to our federal debt through the excessive amount of legislation they push through for taxpayers. To me it would be logical that if you want AIG employees to testify you should not leave out lobbyists. After all look at the productivity of let say a Tom Daschle and his lobbying efforts (not to mention his ability not to pay taxes). Let's pick on lobbyists who with their political friends who have help to create our economic debacle.

The Crushing Federal Debt

The crushing federal debt. It just keeps coming and coming. We as a nation now have a $11 trillion national debt. In other words our government has spent $11 trillion dollars more than it has taken in. $11 trillion dollars is an incredible number. The great question in Washington which finally some politicians are waking up to is - how is this going to be paid back and by whom? There is not a great deal of economic logic in any of the stimulus or bailout packages which were passed. These packages have all added to the national debt and done little if anything to actually create economic stimulus. Again who is going to pay for this debt in the future? And at what cost? What is the actual value of our dollar relative to this debt?
In my economic opinion these bills must be stopped or this current administration will truly bankrupt our economy. Enough is enough of this economic debacle they have created. Let the free market system clean itself rather than be further soiled by economically illiterate politicians.

The Never Ending Chris Dodd Economic Mess

This mess never ends. The Chris Dodd circus just keeps spinning over and over again. I am just curious as to how much money was donated to the Dodd campaign by many of the failed banking giants and AIG. Then to add insult to injury we have to listen to Dodd belittle and condemn those individuals who were contractually guaranteed their bonuses and that politicians like Dodd knew about this over a year ago. Now we have the spin. Congress-Chris Dodd, the Treasury and the President all know about the bonuses before they are paid out and now all of a sudden a new campaign is dumped upon taxpayers to make us upset about it. We should be livid at Congress. In my economic opinion none of the monies should have been given in the first place and Chris Dodd had and still has full knowledge of the economic mess he created as head of the Senate Banking Committee. He gladly accepts their contributions, he gladly writes a bill in their favor and he gladly condemns them when politically expedient. The Chris Dodd economic mess is never ending. His corruption is never ending, his deals are never ending. Rob Simmons will be an excellent Senator from Connecticut in 2010 and then finally the Dodd debacle will be over.

Why Aren't We Outraged At Congress?

Why aren't we outraged at Congress? After all they have contributed greatly to the economic problems that we have in our economy today. They decided several years ago that they are experts in business and economics and as such stated it was ok to allow mortgages to go to consumers who can not afford them. Then when many of these same mortgages went unpaid and caused a ripple effect in the credit markets, they created a lending spree with no strings attach to the same companies who were going bankrupt. Now, in the case of AIG, contractual employee payments must be paid, a new spin occurs. All legal action by the economic savvy Congress and President will be used to stop these payments. Why? If you are employed by AIG and were doing your job well and selling product, doesn't our capitalistic system reward those whose economic value is greater than those who are not? Capitalism rewards risk and achievement. It is pathetic to see this new spin by Congress and the Obama Administration that these employees are the cause of AIG's problems because they did their job. When does Congress ever do their job? Why are they allowed to spend our money any way they want to suffice their pork barrel spending and lobbying groups which dictate really what taxpayers can or can not have? Why are we not outraged against Congress and the Obama administration? I know I am one taxpayer who is.

The Private Sector Will Always Stimulate The Economy

The private sector will always stimulate the economy. As hard as politicians try to put a twist on the economy today, there is no such thing as a governmental trickle down effect from this current pork ridden economic stimulus bill. The money that the Obama Administration is using is borrowed taxpayer's monies. And it is being borrowed from people who are not even born yet. It is being borrowed from the open markets which will ultimately lead to higher interest rates and higher inflation rates. Thus in in a few short months we will probably see much higher interest rates and much higher inflation. Therefore the question must be asked that if homeowners who are facing foreclosure today - how will they be any better off when interest rates start to go up again and the actual cost of living is much higher due to inflation? It is a question ignored by the Democratically led Congress and by the media. Guess what, those who can't afford their mortgages today and will still not be able to afford them in the future. The private sector needs to clear out the toxic debt, the bad mortgages, the businesses which can no longer make a profit. Then and only then will our economy get back on the right track. This current administration truly does not understand nor does it care to understand the massive economic mistakes it is making by these pork laden spending bills. 2010 is coming, can the private sector wait that long for change?

Here Come The Cuts

Here come the cuts. The elitist Democratic party of Connecticut is finally going to show the state what their true colors are. The Democratic legislature is going to show the illiterate taxpayers of our state, budget cuts shown in three different scenarios. Obviously the scenarios will be mild, tough, and draconian. To use a psychological advantage on their own ineptness in leading the state, the Democrats will now will resort to picking up on an Obama theme, scare and fear given certain cuts in programs for our state. Democrats want to preserve as many political patronage jobs as they possibly can thus they will cut "real" programs to help save money. Mr. Donovan's $165,000 mouthpiece stays. Mr. Gaffey's rhetoric about double billing the state stays. Mr. Lawlor's attack on the Catholic Church stays.
Taxpayers are not stupid to this political game that the Democrats continue to play in Connecticut. We have the highest tax burden in the country, along with the highest gas tax, highest electric rates in the country, one of the worse climates for business and industry in the country and we are now going to be spoon fed their drastic measures. The Democrats in Hartford are unfit to lead. They have lost Connecticut as taxpayers continue to tune out their corruption and games. 2010 can't happen soon enough.

Why Is Capitalism Bad?

Why is Capitalism bad? Can someone explain that to me? Why is it bad to invest in businesses in our country who in turn manufacture, produce and service products and goods for our economy? Why is it bad for these same businesses to create jobs for our economy which in turn help create a prosperous economic business cycle? Why is it bad to have an unyielding optimism about the American worker-most who work hard and are very productive for our economy? Why is wealth bad in our economy? Why is it bad for those who take risks in our economy to keep most of what they earn? Why does our economy give incentives for those people who are lazy and do not wish to work? Why do they have to be supported by those who do work hard? Why does government feel they that they can run our economy better, given all of the scandals, illegal dealings and immoral conduct they exhibit in both the White House and in Congress? Why do Congressional Democrats, many who are multi millionaires, have such a hatred of an economic system that they have benefited from? Why are the talking heads in the 24/7 media glorified for their obvious lack of economic knowledge and their complete bias in reporting what is actually going on? Capitalism through its natural means will get us out of this recession. Hoover/FDR/Obama economics will not. This is a fact which will once again be shown by the free market system.

Come On Let's Jump On The Democrat Tax Train!

Come on taxpayers of Connecticut lets jump on the Democratic tax train in Hartford.
Taxpayers throughout our state let's get on board.
Higher taxes will solve everything here in Connecticut and hopefully bring us back to being a #1 taxed state in our country.
Recession, depression, you are dreaming if you think you can't pay more in taxes.
How about .05 cents more on your heating oil - what do you mean you are cold?
What do you mean your income levels have dropped? We will just raise your income taxes even more to help our state spend more for the special interest groups who run it.
What do you mean that you that earn $132501 a year? We will tax you more so that you really pay your fair share. You wealthy people need to work harder to help support those who do not wish to work and for state legislators to spend even more.
Come on let's jump on the Connecticut Democratic tax train! And let's take the next train and move out of this state!

You Are Rich If You Earn $250,000 A Year

You may not have known that you are rich if you or you and your spouse earn $250,000 a year. But according to our new Democrat economics, you are rich and you will be taxed and taxed and taxed a little more. Never mind you might be an entrepreneur and take risks with your money, those risks need to be taxed by the new economics of the new administration. Never mind that in theory 95% of all Americans (I guess not all taxpayers?) will get a tax break, many who do not even pay taxes at this time. Nope you will be supporting them even more so, so they do not have to work nor be productive nor ever have to pay taxes. See you or you and your spouse are rich making $250,000 and government can't see that you should keep money that you work for. Congress can see themselves exempting themselves from any laws that they pass or possibly paying any taxes (why should they bother anyways-no law actually either means anything to them or that they need to abide by it, but you need to pay. And pay you will for this Democratic mess of higher taxes, higher spending, and an economic situation exaggerated by their ineptness in trying to resolve it. The tide is turning already against this new taxation without representation. 2010 is coming faster than they believe and many of these political hacks will be voted out of office. Do you hear that Congress?

What Was Said Was Nothing Again

I guess there was a great speech taking place last night. In the Obama speech what was said was nothing again. In the Bobby Jindal speech we heard a Governor who has principles and fiscal discipline. In the Obama speech, no new plans or actual information by the President as to how he is going to turn the economy around. Contradiction galore including the senseless and expensive tax on carbon. Nope in my economic opinion we heard more of the same, more rhetoric, more style than substance and many more taxpayers starting to really tune out the lack of vision by this new administration. We did hear a fresh voice in Governor Jindal who is obviously not worried about public opinion polls and actually leads his state.
By expanding government all you are doing is cutting out the private sector which is the backbone of our economy and the area where new jobs and wealth are created. The Federal government does little if anything to create jobs or wealth in our economy.
Our economy is still strong and vibrant in its fundamentals. We need to stop listening to the 24/7 talking heads and politicians who know little if anything about business and economics and are more concerned with their glory and self gratification. We are an educated population who will overcome this man made negativity. Those who wish to work hard and be successful will continue to do so in our country. Make no mistakes about it. I promise you that.

Economic Confusion

We have economic confusion in our current administration. In my economic opinion we also have economic illiteracy also. I am confused how you can add over $1.2 trillion dollars to the national debt in less than one month in your administration, then come up with a comment on economic restraint and to cut in half the actual deficit by 2013. Can someone in economics tell me how this is possible? I am lost by this rhetoric and fantasy remark. I am even more confused by a pork and earmark laden stimulus package that really does nothing other than place a pent up spending package onto the economy with no rhyme or reason. Obviously politicians are blind to the repercussions of who actually will be paying back this $1.2+ trillion dollars over the next 100 years. And they also blind to the reality that this package is doing nothing to help the economy. Why has the stock market reacted so negatively? Lack of confidence? Lack of any economic knowledge by this administration? Lack of leadership? All of the above? Thus a new chapter for my class will be how to spend $1.2 trillion dollars of pork and then get half off your debt in 4 short years. 2010 can't happen soon enough.

It Is Really Time For Chris Dodd To Resign

It is really time for Chris Dodd to resign as Senator of Connecticut. Yesterday Dodd once again proved his incompetence as head of the Senate Banking Committee with his remarks regarding short term nationalization of our banking system. With this remark he was able to cause millions of Americans to lose even more money in the stock market as prices fell. His panic remarks came after his stupid remarks over the past two years both Fannie Mae and Freddie Mac are in great financial shape, that TARP will help both banks and the credit markets and his nondisclosure of his sweetheart mortgage deal with Countywide mortgage (which benefited from the first bailout bill dramatically). Enough is enough, between lying about his mortgage, getting financial donations from the banking and finance industries which are influencing his decision left and right and now his panic remarks, Dodd can no longer govern. He is causing incredible damage to our financial system and to our state.
Chris Dodd is the reason why we need the power of a recall election in Connecticut. We as taxpayers and voters must force him out of office today, we can't wait until 2010 anymore. Taxpayers can no longer accept his personal glory and self interest as the guise of being a Senator. Dodd needs to resign today.

End The Fairness Doctrine Once And For All

End the Fairness Doctrine once and for all. I applaude South Carolina Senator Jim DeMint to force a vote on ending any thoughts of reviving the Fairness Doctrine. This law does limit freedom of speech and is solely targeted to conservative talk radio. Liberal talk radio fails miserably as guess what very few people wish to listen to it. Liberals are besides themselves in trying to limit Conservative hosts Beck, Limbaugh and Hannity, and their powerful and large radio audiences who listen to them. Why? Because Democrats are afraid of the truth? Are they afraid that these three hosts plus several more are actually expressing a point of view in which millions of Americans agree upon? As compared to the stale, failed rhethoric of the Democratic party? I think Senator DeMint has forced the issue and we will see how many Senators will be in favor of eliminating our freedom of speech by voting to agree with this failed doctrine. The standard should be freedom of speech not the limiting of speech to only liberalism. Remember 2010 is coming fast and the scales will be turning back towards democracy at that time.

These Are The Real Economic Figures That Should Be Reported

These are the real economic figures that should be reported but are not by the media. First we are not in nor even close to a depression. We are in a normal business cycle called a recession. In a recession people lose their jobs because of a lack of demand by consumers to purchase certain goods and services. This is a common occurrence in our economy since the forming of our country. This recession has been exaggerated by both the government and the media. The government has forced affordable housing on the financial industry since the Carter administration and was blind to the massive failures of both Fannie Mae and Freddie Mac. Thus people who can't afford homes are in them right now and are part of the toxic debt problem we have. Thus it is furthering the recession.
Our money supply is a fiat money supply meaning that the US dollar is backed by our faith in our government not by any precious metal. Roosevelt decided back in 1933 to stop backing our dollar with gold and turned to this fiat money system. The next result was money that had no longer any real value to it. Did this shorten the depression? Not at all, our production only increased when we entered World War II. Also the decline in the stock market back in the depression was 90%, today it is only 35%, there is much more money and opportunities in our economy today than the 1930's. Thus his programs did virtually nothing to end the great depression and were more politically orientated than economic.
In reality we have a recession as severe as the 81-82 recession, which we came out of not with massive pork governmental spending but with well thought out tax cuts which stimulated our economy for a long period of time. In my economic opinion to use economic fear to your political advantage is ruthless, illogical and misguided. Unfortunately it seems that our new administration loves and thrives on it. Why? Because power and ego are much more important than the good of our country to these people who supposedly represent us.

How A Democratic Stimulus Harms America

This Democratic stimulus harms America. Since we as taxpayers and voters were not able to comment on the plan nor did any members of Congress actually read it, we must examine from an economics point of view how badly this plan will hurt rather than help our economy. This bill has transfered many of our economic systems private sector functions to the Federal government. By doing this it has created a political economy, one which is fresh with corruption, earmarks, pork and economic illiteracy. How can Congress deny the excessive earmarks and lobbyists injections into this bill? By injecting over $1 trillion dollars in deficit spending in our economy, on programs and projects unproven and untested, it has only allowed the national debt to increase by 10% in one month and further eroded our gross domestic product. It will further erode our credit markets crowding out the little private sector lending taking place and will ultimately lead to much higher rates of interest and inflation. How many jobs are actually being created, at what cost to taxpayers? Where does it state in this plan how and when the national debt gets paid off? Why was this not taken into consideration? What part of economics am I missing here? How does high inflation create economic stimulation? If you really wanted to stimulate our economy Congress would have had the guts to eliminate all taxes on interest, dividends, and capital gains and lower federal spending to a balanced budget for 2009.
We can take comfort in that this plan has shown how out of touch with reality the Democratic members of Congress have become and how many are going to lose reelection in 2010 and 2012. I also must remind the Democratic Congress that FDR died in 1945 and his new deal was a miserable failure just like your bill of 2009.

The New Transparency - Taxpayers Have No Rights

The New Transparency - taxpayers have no rights. This was proven by the Obama administration and his Democratic soldiers in Congress. This new transparency means that taxpayers have no representation by any of the Democratic members of Congress. Here in Connecticut anyone who works for a living has absolutely no representation in Washington. For in a democracy common voices should be heard and debate needs to occur in order for that democracy to survive. What we saw Friday was a rape of our democracy. What we saw with the passing of this so called stimulus package was a rape of taxpayers in our country. What we saw Friday was a rape of children's and grand children's future. What we saw by the new President and his Democratic Congress was a blatant and chilling closing of democracy. The rape of prosperity, freedom of speech and representative government was accomplished by this bill. I can only take comfort that 2010 is coming and taxpayers will have the final say at that time.

What Stimulus Bill? The Democratic Financial Mess

What stimulus bill? The Democratic financial mess. How much will each job cost taxpayers, a mere $400,000? That is stimulating the economy? What a waste of taxpayers monies. How much pork was added to the final bill, can anyone in Congress tell me? In my economic opinion I do not see a great deal of support for this bill that has passed. I find it offensive to taxpayers that Congress wasn't able to even read the bill before voting on it nor were there any public comment on it. Thus taxpayers were just shoved down our throats an additional $2-3 trillion dollars of national debt with absolutely no guarantee of stimulus. I personally doubt if the Democrats will control Congress or the White House in 2010,2012. It will always be known as the Democratic financial mess they created. Great job!

Thursday February 12 - A Connecticut Holiday. Why?

Thursday February 12 - A Connecticut Holiday. Why? Why is today a paid state holiday in Connecticut? Why do taxpayers have to pay for this day off for state workers? How many holidays do state workers get? I know it is more than what I get. With a massive budgetary crisis that we have in the state today, one of the first areas that should be cut are these excessive holidays that are given to state workers. Today is not even a federal holiday so why is Connecticut closed today because of it? Are most state workers home today reflecting on Abraham Lincoln and the problems he faced as President?
Excessive and ridiculous benefits such as today being a paid state holiday has been a great contributing factor in to our states financial mess. Double dipping of retired workers also has been abused and is another factor. Taxpayers who are working today should be livid that this is a paid holiday for state workers in Connecticut. Just another example of the massive waste of taxpayers monies here in our state.

Treasury Secretary Geithner Is Unfit To Serve

Treasury Secretary Geithner is unfit to serve. I found his remarks yesterday to have no substance whatsoever with regards to the Democratic induced economic crisis that we have. He seemed completely lost while his boss is campaigning again about his failed stimulus bill. I am currently teaching a course in Money and Banking this semester (at probably the greatest time ever to be taking it for students). As my class has picked apart on numerous occasions the problems with all of the TARPs, I continue to state that the biggest problem that the economy has today is pricing the toxic mortgage debt that is in the market today. Geithner really needs the ability to come clean as to a valuation on the debt itself, whether it is 10% or 25% or whatever percentage value is derived for it. Why does the new Treasury Secretary have so much problem in doing this valuation? Price it and lets move forward. Toxic debt removed from the market would recreate our credit markets and get the economy moving again rather than the pork/earmark filled bogus stimulus package which will ultimately rape our economy in the long run. Our economy is no way, shape or form is near a depression. We still have the greatest free market economy and country in the world. We need our new administration to stop bashing our economy and act to allow the free markets to work again. This new Treasury Secretary is again an example of failed liberal policies of this administration which is already leading us to the path of ruin.

Our New Economics, Boy Does It Scare Me

Our new Economics, boy does it scare me. I know that as an Instructor of Business and Economics I need to revamp all of my lectures. I need to lecture my students on why our Federal government has to spend money on special interest groups, pork barrel projects and not worry about paying taxes. I can see a lecture on why when one is appointed to a Cabinet position in a new Presidential administration that one does not need to worry about paying taxes. My case study would be Treasury Secretary Geithner who just forgot to pay them and is appointed to this position. In my case study I will compare myself not paying taxes and the penalties that I would endure and Geithner's avoidance of all penalties. I can show how special he is because he is a Democrat. I can also use as a case study Senator Chris Dodd, how a Senator can use his political influence to state that Fannie Mae and Freddie Mac are solvent when they are really not and then be able to get a sweetheart deal on his own mortgage. Economics therefore equals lies and your ability as an elected official to lie basically about anything and everything. Lastly I can use in a lecture that we stimulate our economy through special interest, partisan, corrupt, pork barrel spending funnelled through the Federal government. They can now limit what others make, nationalize our health care system so that more can die and then exempt themselves from the economic mess they have bestowed upon taxpayers. I am really scared but I will choose to continue to teach that the free market system is the only economic system which allows for economic growth and prosperity, something that the Democratic party hates.

State of Connecticut Pension = Continuing To Work For The State Forever

State of Connecticut pension = continuing to work for the state forever. I thought that if you retired from the State of Connecticut with your pension, you could work for 120 days at the most twice. I did not know you could work forever and double dip as long as you want. What a deal! I was even more astounded as both an educator and as a taxpayer that UConn allows this to happen; "One of the biggest UConn "double-dippers" is Richard Kochanek, the former head of the accounting department in the School of Business. Kochanek, 66, teaches two big introductory accounting classes each semester, for which he is paid $81,650 a year, records show. That's on top of his pension, which is $174,432 annually." - Hartford Courant Sunday 2/8/08. That is about $20000+ plus for one class! In the 27 years that I have been teaching Business and Economics classes at area Colleges and Universities I never made more than $3300 a class. Hey I would be willing to teach that great big Accounting class for half of that and save the state over $40,000! Wow what a deal!
I continue to be astounded at the lack of rules that govern anything Connecticut's government does. Even with rules in place and audits taking place, I guess it is just a question of the hell with laws and rules, we can do anything we want. Nor do we want any new educators with new ideas coming in and teaching our students. I guess Good ol' Boys will be Good ol' Boys and taxpayers once again be damned. What another waste of taxpayers monies.

Chris Dodd - Sees Nothing, Speaks Nothing, Hears Nothing

Chris Dodd - sees nothing, speaks nothing, hears nothing. 235 days plus later we still do not have any more information about Dodd's sweetheart mortgage deal with Countrywide Mortgage. We still are no further to trying to understand how Dodd was able to get the large sums of money for his mortgages at a reduced rate and save himself $75,000+. We still are no further in understanding his sweetheart bailout bill that was passed to help his friends at Countrywide Mortgage. We are still no further in understanding how a paid consultant of his law firm (at a cost of $70,000+) was to objectively find anything wrong with Dodd's mortgage deal. We still continue to have the lies of Chris Dodd who is unfit to be the Chair of the Senate Banking Committee. Chris Dodd has once again shown his lack of ethics in continuing to lie about his deal and subsequent payback to Coutrywide with his bill.
And no it does not make a difference if he is going to refinance his mortgages with another lender, he still has not come clean with his dealings with Countrywide.
Chris Dodd has lied to the taxpayers of Connecticut long enough. 2010 can't happen soon enough - Dodd must go.

The Demoratic Man That Costs Taxpayers $165,000

The Democratic man that costs taxpayers $165,000. What is another $165,000 to taxpayers? After all being a Press Secretary, to in his own mind, to the most important Democrat in Connecticut, Speaker Chris Donovan, is probably one of if not the most important jobs in Connecticut. I know it is difficult to motivate Democrats who have a super majority in the House and as such Mr. Whiting really needs all of this money. I know this job creates in the Democrats minds a great deal of productivity and somehow contributes to the United States balance of trade and to our nation's Gross Domestic Product. I know Mr. Whiting's job is stressful, he endangers himself each day he goes to work, his position critical and essential to the day to day functioning of Connecticut. Obviously Connecticut could no longer function without Mr. Whiting. Maybe it is time to start naming streets, schools and or towns in Connecticut after Whiting, Donovan or maybe even Jim Amann?
Just another example of how the Democratic party in Connecticut has no respect or economic common sense for taxpayers. Again, just another example of how leaderless and inept Chris Donovan is. 2010 is coming.

The List Of Corrupt Connecticut Politicians Continues

The list of corrupt Connecticut politicians continues. It seems like there are more Democrats this time than Republicans. I guess there is nothing wrong with getting your house fixed for free if you are Hartford Mayor Eddie Perez. Obviously the contractor who did the work expects more of the city's work in return. Not a bad trade-off. Senator Chris Dodd still can not come clean about his sweetheart mortgage deal with Countrywide. Yet he can dictate to the private sector what they can or can not spend money on. Oh yeah and also write a bill to help Countrywide at the expense of taxpayers. How about Judge Curtissa Cofield and her vulgar racial remarks to the State Police? What is she going to get? Will she get to keep her job by taking some drunk driving classes? How can she actually sit in a court of law anymore? How about State Representative Brian O'Connor and his special drunk driving classes? State Senator Tom Gaffey has for years been unethical, his latest effort of double billing the state just a another notch in his personal level of corruption in his office. Why would you want Gaffey to represent you anymore? Jim Amann and his sweetheart deal with Chris Donovan went sour, but what other private deals were made which impair the ability of the Speaker of the House to actually lead? How does either one have any credibility or ethics anymore?
In all of these instances and countless others we see the lack of ethics by members of the Democratic party in Connecticut. We know if any of these politicians were Republicans they would immediately be ripped apart. How much longer do we as taxpayers have to support this mockery of government? Is the Democratic party in Connecticut ever going to clean up their act and have ethics?

Blame Rush.

Blame Rush. I guess if you are President of the United States your biggest fear is a conservative talk show host. I guess your biggest fear is conservative talk radio, The National Review and conservative bloggers. You must fear them since they are the opposition now. You must fear them because they will not conform to your tired speeches that we all must unify under you. You must fear them because they speak the truth about the falseness of your administration already. You must fear them because they see through your concept of ethics since your new Treasury Secretary does not need to pay taxes nor does your Secretary of State have any conflicts of interest nor any ethics.
You see your administration is about the power that the mainstream media has created about you. You have no experience nor have you really surrounded yourself with capable people. No the mainstream media has created you and over the next few years the mainstream media will bring you down.
But please do not blame Rush Limbaugh. Blame yourself. Ethics does matter to most Americans.

Thank You President Bush

Thank you President Bush. Eight long years ago you took office, our country was running its course. 9/11/01 occurred and life as once we knew it changed forever. Innocent people were murdered that day by a group of individuals who hate our freedom, hate themselves, yet embrace our money to attain their goals. You as President took it upon yourself to make our country safe again, so we would not have fear to travel to work or to the store or to our Churches. You as President did not have an ego. You did not care about what your political enemies said about you, this was a refreshing change from the prior eights years we endured with our last President. You as a President put the safety of our country first and you fought a battle against the enemy, the Democrats and the media. Yet you continued to show your strength and courage in the face of this crisis.
When history is read again, you will be credited with making our world a safer place to live.
Again our thanks President Bush. Enjoy Texas now again.

Dodd, Gaffey, Donovan, Amann = The Cancer of Connecticut

Dodd, Gaffey, Donovan, Amann = the Cancer of Connecticut. Where do we begin with the cancer known as the Democratic party in Connecticut? First we still can not get any information about Chris Dodd's illegal and unethical mortgage with Countywide. As far as he is concerned he did nothing wrong except rape the taxpayers of Connecticut with his deal. And we should be accepting of his folly as he does not know he did anything wrong, laws are not for liberals like him who are capable of bringing down the housing market with their ineptness. Senator Gaffey is a mess entwined in different double billings, affairs with state government workers, all unknown to him also. Years of his corruption which he does not know what he did wrong. If what he has just done in doubling billing taxpayers for his extravagant trips and conferences is not illegal, unethical and immoral I do not know what is. Finally poor Chris Donovan can't manage his plum Speaker job that pays $38000 without help from the former Speaker Amann and then have the audacity to pay him $120000 for it with a $6 billion dollar budget deficit on the horizon. This is a man who feels he can be Governor of Connecticut? Incredible.
What we have here are four unethical, immoral, illegal and egotistical Connecticut Democratic politicians who have become in their own minds above any law. They are the cancer that is eating away our state. 2010 can not come too soon. They all should be man enough to resign today if not sooner.

I Am A Liberal Therefore I Need Not Pay Any Taxes

I am a Liberal and therefore I need not pay any taxes. However if I was a Conservative or a Republican and was being appointed to the Treasury Secretary position and did not pay my estimated taxes when I worked for the IMF, I would be chewed up, spit out and not confirmed. So why is this Obama pick being treated with such grace and forgiveness? Last time I remembered it was against the law not to pay your taxes. And someone in this position in the IMF, an elitist position, who was that ignorant in forgetting to pay his taxes? In my economic opinion he decided willfully not to pay his taxes and put his money to use someplace else, especially not paying the United States Treasury, which he is now going to lead. Timothy F. Geithner is unfit to become our next Treasury secretary in these difficult economic times. He has shown his displeasure for following the laws of our tax system and his blatant disrespect for our economic system by doing this. Yes he was sloppy. He also broke the law. Therefore his nomination should voted down immediately.
I can see the Obama cabinet having many different political hacks being recycled over and over again in his very short four year term. This administration is showing its ineptness already. Bring on 2012.

Democratic Liberalism = Higher Connecticut Taxes

Democratic liberalism will mean higher taxes for all of Connecticut taxpayers. I just hope they get to the bottom of all of that garbage that has happened on Wall Street. Because those goons on Wall Street, many who live in Connecticut, have helped to support over the good years the liberal spending in Hartford. Now that times are bad it is now these same goons fault that we are in the fiscal mess we are in. These same liberals who have an incredible need to spend money as rapidly as they can in order to keep getting re-elected. I do not know why anyone is losing sleep over this fiscal mess we are in. The politicians in Hartford represent only their own self interest and self glory. There is no need to be concerned about those of us who actually work for a living here in the state. No we are just going to tax and spend even more in this coming session.
What some politicians in Hartford, including the Governor, could actually offer is massive cuts in spending and the elimination of the state income tax. What you would see is incredible private sector economic stimulation in our state. But then again we really can't have that now as our state government must be the cancer that entraps us all forever. Change in Connecticut can't happen soon enough, too bad we must another two years for it.

Representative Mushinsky = No Change As Usual

Representative Mushinsky of Wallingford represents no change as usual in her recent political appointment as Chairperson of the Program Review and Investigations Committee. I find her appointment ironic as she represents 28 years of her failed liberal agenda in the state legislature. Her most important vote being for the state income tax. Now she wants to look at tax credits for many industries. However, hasn't she been in office for 28 years and been part of many of these tax credits? She also wishes to look at many programs and view results based accounting for state programs. When has anyone in state government including herself been worried about results based anything? Her mantra has been tax and spend, tax and spend to the point that Connecticut is the second highest taxed state in the country and we are in one of the poorest preforming economies in the country with massive population drains. Yes all these problems are indirectly the result of her failed 28 year liberal agenda along with the failed agenda of Connecticut's Democratic party which has now pushed our state to the edge of no return. I still find it amazing that Wallingford voters were blind in seeing this and brought her back for yet another two years of failure.

The 100 Most Special Individuals In America Today-The United States Senate

There are 100 individuals in the United States today who are more elite, more important and more special than anyone else in our country. They are not individuals from the Armed Forces, nor from our Police or Fire Departments, nor from our Hospitals, nor from any Charitable organizations. They are the United States Senate. A group of 100 special, important, elitist, above any law people who help make laws in our country. These 100 people are in theory elected by voters. But more importantly they are appointed by Governors who have the ability to broker to the highest bidder their seats when a Senator goes on to an even more important office and must resign their position. And you may ask what is wrong with a lowly Governor appointing (through the appropriate lobbying, cash payouts and the like)their successor? I guess there is nothing wrong with the current situations taking place in both New York and Illinois. Of course the Obama camp had no knowledge of what was going in Illinois at all. And in New York the legacy of the Royal Family of America to be appointed to a vacant Senate seat is a right granted by the United States Constitution and should be adhered to.
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.

Connecticut's Fiscal Mess

Connecticut is in a fiscal mess. In a state that spends over $18 billion dollars a year we are in a fiscal mess. Actually it is not we but the Governor and elected officials who have increased spending by billions of dollars are in a fiscal mess. My family and many others are not in a fiscal mess because we have chosen to live within our means. We have decided not to take out jumbo mortgages which we can not afford (although we have not been given a sweetheart mortgage like Chris Dodd). We have chosen not to spend more than we earn and run up excessive credit card debt like others. We have decided to be thrifty and frugal in many areas of our personal lives. Connecticut's government and legislature decided to spend wildly above their means using the state income tax as their greatest source of ever increasing revenue and new and higher taxes on just about everything to get us in this fiscal mess. This has all happened since Connecticut's dark ages of the Weicker administration, where tax and spend were the mantra of political life.
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.

Let's Sell All Congressional Seats!

Let's sell all Congressional seats. Better yet why don't we charge money to our current Senators and Representatives for keeping their seats. States could generate a great deal of revenue from this. For example here in Connecticut it would be a great way to help pay off the massive overspending by the Democratic state legislature over the years. Isn't it true that most of Congress are multi millionaires anyways? They can afford to pay the states they represent (or have moved to in order to obtain the seat)millions of dollars to retain their seat. What is the use of elections anyways? Incumbents can control their district or state for years with no amount of wrong doing ever forcing them from office. Look at Chris Dodd, he has helped to create the financial crisis our economy is experiencing and got a sweetheart mortgage deal on top of that. And why should he or any other member of Congress worry about any sense of ethics and or worry about any type of law that runs our nation. All 535 members should be and are above all that nonsense that we taxpayers must follow. Congress has become the ruling elite following no law, needing no ethics nor have any concerns other than their own self gain and financial reward. Maybe in 2009 taxpayers should break away from this tyranny like we did in 1776. Enough is enough.

Businesses Welcome To Illinois

Businesses welcome to Illinois. Now here is a state that you want to do business in. A warm, friendly economic environment greets you. Little governmental intervention unless you are the Governor or a Reverend. I am astounded at the Republic Windows and Door debacle that is currently taking place in Chicago. I am also astounded at the Governor's incredible economic plan to stop doing business with Bank of America as punishment (punishment for what?).
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.

Congress and It's Lack of Knowledge About Our Economy

Congress really does not understand economics in any way shape or form. The Congressional hearings about the auto bailout truly astound me. Many of these same politicians who are belittling the auto industry executives had no problem supporting the fall 2007 strike by UAW against General Motors (Does Mr. Obama remember this by any chance?), they had no problem adding greater standards and regulations since the late 1990's, they had no problem driving vehicles which were not made by the Big 3. Nope none of this means anything to Congress. But to listen to Mr. Franks rant about their industry makes no sense to me whatsoever, his clueless remarks shows me and millions of other taxpayers how far removed he is and the rest of his Democratic party when it comes to the harm that Congress has burdened our economy with.
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.

Why The Economy Can Correct Itself - Without Government

Our economy can correct itself without chronic government bailouts. It can be done through a variety of means. I would like to look at two areas in particular. Fannie
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.

Dodd Is Anxious, So Am I

Chris Dodd is anxious and so am I. Does this mean he is going to release all of his information about his sweetheart mortgage deals? No not at all. He is anxious to continue to deflect all knowledge of his mortgage deals and his defense of Fannie Mae and Freddie Mac. No he is anxious to confirm all of Mr. Obama's appointments to help stem the financial crisis he has helped to create. It is amazing given that Mr. Dodd usually never gave the time of day to any of President Bush's appointments. Today to help cover himself, Dodd will actually speed up the process. As a taxpayer I am still waiting to find out about his mortgage deal and I am not overly enthusiastic to several appointments being mentioned. In particular Larry Summers who I was unimpressed with during the Clinton term.
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.

Here It Comes... More Taxes For 2.5 Million Jobs

Here it comes...more taxes for 2.5 million jobs. I just love it when politicians who have no clue as to how the economy works blurt out figures, dollar amounts and presto they become economists. I am hesitant to see what an Obama 2.5 million public service job creation program will cost and look like over the next four years. As I can see by his cabinet forming, I am underwhelmed by the recycling of Clinton appointments and see that it looks like it will be business as usual for the next four years. What change? Where? Did I miss something? I guess I will lower my already low expectations with Obama as I see the even more perfect economic storm forming in the next four years. A lack of investor confidence, a lack of consumer confidence, a lack of business confidence and higher taxes. Does it get better than this or is this now back to 1977-1980?

No Bailout

No bailout, not now, not never. But I guess it is the time of the year for economic giveaways of taxpayers monies. This time the big, bad auto industry is calling it quits without $75, no make it $50, no-how about a mere $25 billion to help support its poor production and management decisions. Did the Big Three ever hear about cutting costs and making its plants more efficient? Did they realize that they should not pay employees who do not work and or give them a lifetime pension equal to their regular salary? Did they realize that they need to actually improve their product so that auto consumers would actually buy the car or truck? In my economic opinion they should go bankrupt and allow for a major market correction to take place as it should have in the finance industry. It is obvious that what they did 50years ago is not working today and that consumer demand is much different than it was back then. I personally feel that automobile consumers are sick of the lies that they were fed by the Big Three, the hassle to buy a vehicle, the hassle of it breaking down, the high cost of repairs, etc.
Taxpayers should be strongly against this new form of corporate welfarism which will ultimately lead to higher taxes and more poor economic decisions.

Where Is The Economic Turnaround?

Where is the economic turnaround? I really thought it would happen with election day. I really thought it would happen here in Connecticut when voters decided to return in mass the same stale tax and spend politicians back to Hartford so obviously they can continue to tax and spend us some more for two years. I really thought with the Obama crowning that the stock market would recover its 5000 point loss in the week and that his new tax and spend policies would be embraced by anyone who either works for a living and or invests in our economy. I really thought with the talk of socialization of our 401K plans that the market would embrace all of that money flowing out of the economy and into government's hand. I really thought that the 2012 Presidential election would start in earnest on November 6th and even more new and greater economic socialization plans would be discussed and enacted upon immediately. I really thought our economy would turn around (and our biased media would disappear). I guess you get what you vote for.

Happy Veterans Day To All Veterans

America today celebrates Veterans Day. My family and I wish each and every Veteran of our country our thanks for your service and dedication to our country. We appreciate your sacrifice. As a child growing up I was always fascinated by the stories told by my Father who served in Europe during World War II and by my Uncle who served in the Pacific. It was a verbal, living history of the war and gave me the incentive to study our military history over the years. I know I treasure our freedom in our country and our freedom to choose. It is with the sacrifices of all the enlisted men and women since our Revolutionary War that has made our country the greatest nation in the world. America forever in its leadership and strength to guide the world. And again thank you to all the Veterans of our country and for all those who have died for our freedom. It will never be forgotten.

It Is Time To Get To Work

It is time to get to work. It is time for the conservative movement to reassert itself for the coming elections. It will not be able to do it with the current leadership of the Republican party whether at the national or state level.
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.

How High Taxes Have Crippled Connecticut

High taxes have crippled Connecticut. We pay an excessive amount of taxes here in Connecticut which has resulted in little if any job creation, a mass movement of businesses out of the state, excessively high transportation costs, and a mass exodus of our young people moving out of the state. If you work for a living here in Connecticut or own a business I am not telling you anything new.
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.

Will The Media Ever Be Balanced Again?

Will the media ever be balanced again? I do not know if that will occur in my lifetime. I was taught many years ago in my journalism classes that when you cover a story you need to present both sides so that readers can be informed and understand what you are writing about. Obviously that does not occur in journalism classes which are taught today. I truly do not know what is actually being taught today but in my opinion it is not unbiased reporting.
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.

Ethics and Leadership

What is ethics? What is morally right? Many years ago in non revisionist history, America fought a long war in Vietnam. This war was on the news every night (when you only had three stations with news not 500), in the daily paper and in the weekly news magazines. Liberals at that time thought it was cool to demean and deface our soldiers fighting there. They asked for them to surrender, join the enemy and other assorted misguided views. The war was mismanaged by a Democratic President who had great concerns about his legacy, he also had poor military advisers which helped lose the war for America.
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.

Why America Can't Afford Another New Deal

America can't afford another New Deal. I can't see how the first one worked since it was blurred by World War II. I can't see how another Great Society will work as the first one from the 1960's still has done little if anything for our economy.
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.

Why Pickens Plan Is Blowing In The Wind and Will Not Work

It is blowing in the wind and money from your wallet will follow. And if you are T. Boone Pickens your profit is blowing in the wind. And you as energy consumers will help make Pickens wealth grow even more if his misguided plan works. Do not get me wrong I am all in favor of creating wealth and I have been consistently in favor of alternative energy sources. However I am not in favor of this plan which can only rely upon eminent domain to take over properties starting in Texas and position incredibly expensive electrical lines along state lines to transport this electricity throughout America. And at a time when the price of a barrel of oil has gone down $70+ a barrel. I have a strong feeling that taxpayers like you and I will help support Pickens in his semi-retirement through this master liberal plan of nothingness for energy.
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.

Why Is Wealth Bad In Our Economy?

Why is wealth bad in our economy? Why is it fine to have millionaire liberal Democrats in Congress dictating to those individuals in our economy who are productive what they can and can not have? I have studied formally Economics and Business since high school, 37+ years now. Over all the classes I have taken, the degrees that I have, all the classes I have taught, all of the thousands of articles I have read, all of the magazines and books that I have read, I still wish to know why is it bad to work hard and gain wealth and why is it government's inherent right to take as much as it can away from those same people.
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.

Vote Mike Vitali State Representative 85th District

Wallingford residents finally have a chance to unseat one of the most liberal tax and spend Democrats of all time, Mary Mushinsky. Our current representative and her cureent massive tax and spending increases have help stripped our state of its economic vibrancy and growth. Her liberal arguments continue to be feeble to anyone who must work for a living. It is time once and for all for her to be voted out of office. Mike Vitali represents a breath of fresh air for Wallingford. He is young, innovative and actually willing to work to help lower spending and taxes for our community and state. Mike Vitali is a product of schools and our town, we could not ask for a better candidate to represent us. For those voters in the 85th District, I urge you to vote for Mike Vitali as your State Representative and also I know I am voting for the McCain/Palin ticket for a positive future for our country.

How Does Hard Work Pay Off Economically?

How does hard work pay off economically? If you are a liberal millionaire Democrat you need not work in life. For example, if you are a Chris Dodd you were able to get a favorable subprime mortgage and save a great deal of money on the life on your mortgage. What you have done is unethical but remember you are a millionaire liberal Democrat who does not need to work for a living. If you are a candidate for President like Obama who needs to spend your entire working career being non productive and always receiving a paycheck from some form of government agency whether local, state or federal. This non productivity now allows you to tell the productive business entrepreneur (i.e. Joe the Plumber) that you can not keep all that you earn. Your hard work must be shared with those like himself and those who do not wish to work or be productive. No you must share your wealth with those who probably are inherently lazy and enjoy living off the government meal ticket. Government and we the taxpayers of our economy apparently owe those like Dodd, Franks, Pelosi, Reid, Obama and Biden and many others who do not wish to work a living. You as a productive, hard working individual who wishes to get ahead in life must listen to the stale rhetoric of a failed 75+ year program of the Great Society. A Great Society if you are only a millionaire liberal Democrat. Productivity, creation of wealth and hard work needs not to be penalized by a Great Society program that has failed our country miserably. We can not afford any more penalties for efficient labor and creation of jobs which in turn create wealth and prosperity in our economy.
Just another reason why I am voting for McCain/Palin.

The Tax Cut That Isn't - Another Lie

The tax cut that isn't is being sung by the Obama machine is just another lie. When one really tries to understand this plan one can see that it is no way shape or form a tax cut. It is a tax increase for anyone who earns $40,000 a year or more. If you earn over $150,000 a year look out because your taxes will jump, even more at $250,000. With this plan over 45% of the American taxpayers will no longer pay taxes. Why the shift from now 24% to 45%? To buy more votes for this miserable and failed economic plan? Why are we going to create economic disincentives to those who work for a living and who are self sufficient? Why is hard work and wealth wrong to the Democratic party even though most of them who represent us are rich and have the audacity to exempt themselves from the laws they create for us. No 95% of American will not get a tax cut.
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.