Here Are The Real 2012 Facts Of One Party Rule For Connecticut

The Democrats will soon be in full force trying to run their reelection campaigns based upon some Utopian views of how well Connecticut is doing with their one party rule.
Here are the facts so you the voters can decide:
1. The highest tax increase in state's history retroactive to 1/1/11 helped now to create a $260 million and rising  budget deficit which was not addressed in this legislative session.
2. What was addressed was a repeal of the death penalty which a majority of state residents still favor keeping as law.
3. A unionization of all home health care workers.
4. An economically irrational anti gouging bill for businesses (apparently state government is allowed to gouge taxpayers in any way they see fit) which in no way can be enforced.
5. A $343,000 grant to a New Haven organization which embraces and has Communist ties which struck from a bonding bill (we are waiting to see how this will be circumvented and be bonded).
6. The House passes an increase in the Minimum Wage increase to further strain and increase business costs and prices of goods in our state.
7. The 3rd highest taxed state in our country.
8. The state is now ranked 44th in Business friendliness, another drop since last year.
9. Still again no education reform due to excessive union influence.
To me the list is endless.  On and on and on.
By all means if you appreciate this tyranny and economic illiteracy keep voting for one party rule.
If you had enough please vote for new candidates in November.

More Connecticut Ultra Liberalism

Ultra liberalism is alive and well in the Hartford one party rule called state government.  It seems that it is just one thing after another which is quickly making up my mind to move out of the state as soon as I can.
Besides the lawlessness of the repeal of the state death penalty, a forced increase in the minimum wage or the highest tax increase in state's history (which is helping to create a massive state budget deficit) pick any current topic and our liberal government continues its force feeding of its economic illiterate theories and processes. 
You can choose to call it what you like but the Democrats one party rule in Hartford is creating an economic hemorrhage in which it will be difficult to come out of in either the short or long run. 
The end of this do nothing legislative session is May 9th.  Nothing has been done to address the budget deficit nor apparently before Malloy will have to call a special session at the cost of $10,000 a day of taxpayers monies.  Again what a waste of taxpayers monies all due to the economically illiterate one party rule of Hartford.

The Death of the Death Penalty and the Death of Many Innocent People

Ultra liberalism. It defines Connecticut. One party rule, high minimum wages, high welfare benefits, excessively high business taxes, excessively high personal taxes, an archaic highway system, and now the end of the death penalty.

Why? Is repealing the death penalty the most critical issue in Connecticut in 2012? Apparently to our do nothing Legislature and Governor it is. Again why should we repeal this law?

The death penalty is a deterrent to crime especially violent murder. Violent murders as in the Petit family. However, by repealing this law we are repealing a safeguard to violent crimes in our state. We are stating that no matter how brutal the crime may be, you the criminal will be rewarded with your life. The lives that you may have murdered are disregarded. The murdered have lost theirs and apparently have no rights in Connecticut's Judicial System. You as the criminal will be afforded all of the rights in the world and at Connecticut taxpayers expense.

This is the true meaning of the repeal of this law.

I wonder if the law would have been repealed if an ultra liberal Democrat's family was murdered?

Yes the death penalty will be repealed over the voices of the innocent victims of crime in our society. And the death of many innocent people will now follow our ultra liberal Democratic state of disregard. A disregard for the people who live here and who are forced to support this debacle of government. Sort of like socialism if you ask me.

As Usual More DeLauro Distortions

We know it is election time in Connecticut's Third Congressional District. Our Representative for life, tax and spend Rosa DeLauro has now placed her economic footprint on Representative Paul Ryan's budget which was passed by the House. Ryan's budget amazingly enough calls for gasp! cuts in spending! And tries to address our never ending National Debt. A National Debt which has grown from the constant spending laws that have been passed by our Representative for life in her unlimited years in power. DeLauro obviously can not handle any cuts in spending especially social welfare spending, which is in my economic opinion completely out-of-control. She saw some good press on Ryan's attempt to rework the massive failed social welfare programs of our federal government in particular food stamps.

From the 4/3/12 New Haven Register, DeLauro said food stamps actually help to grow the economy. She cited a Moody’s report that food stamps generate $1.73 in economic activity for every dollar spent “because people spend the money right away; it generates a multiplier effect in local communities.”

How in economic terms can taxpayer deficit funded food stamps help stimulate the economy? It is a permanent transfer of wealth which ultimately does not provide those people who need the help with any long term skills in getting themselves off of social welfare programs. Are all food stamps actually spent the way they should be spent? Thus one must assume there is no fraud with regards to any social welfare spending program in our government. Truly amazing.

We have spent trillions upon trillions of taxpayers dollars to combat the war on poverty which in my economic opinion have little result other than creating the bloated welfare bureaucracy that entraps so many on welfare in 2012. And for some it helps create welfare as a way of life.

It is truly a waste of taxpayers monies. I continue to applaud Representative Ryan for having the guts to actually address the wastes and fraud of our federal budget and in particular the National Debt. Our Representative for life (who we can only hope to be replaced in November) continues to pave the taxpayer's road to economic ruin with her misguided and failed economic thoughts. Enough is enough.

The Connecticut Senate Race-Linda McMahon

I find Connecticut's Senate race to be very interesting. As a Republican I feel it is healthy for our party to have candidates expose differing views and thoughts as to their policies. The three candidates all have some interesting ideas although I hold strong feelings in this election. The Democratic candidates seem to be to me just the typical Connecticut tax and spend elitist candidates who rule with a great deal of economic illiteracy and folly.

Back to the Republican side I continue to support and endorse Linda McMahon for a variety of reasons. She is a self made women contrary to the media distortion of her life. She has articulated precise economic programs and policies in both campaigns with this years plans to be even more far reaching than in 2010. She did not flee the state as did Mr. Shays after he lost his seat. She has been here paying taxes along with her business playing an enormous amount of taxes at all levels of government and also actually creating jobs. Mr. Shays now has a plan to eliminate the national debt-well what did he do for all the years he was a US Representative? Did he have any plan then? Did he really control spending or taxes?

In my economic opinion I am truly tired of the political lifers we have in the House and Senate who do nothing, become millionaires from their positions and have help to ruin our economy. Mr. Blumenthal and his ridiculous and economically illiterate actions in the Senate have proven this theory. Where is your budget Mr. Blumenthal? His time as our Senator really has been laughable for the taxpayers of our state-his concern is himself and his ego only. What a poor choice to represent us.

Thus once again I am supporting Linda McMahon for United States Senator and her plan of action. She is in my opinion very electable much to chagrin of the media and the many RINO's who inhabit the Republican party in our state. She is a political breath of fresh air, with a rational economic plan of attack for our economy. She will actually represent us and the Constitution which would be so nice for a change.

Yes I support Linda and by the way you only need one more vote than the stale, economically inept Democratic candidate to win the election...just a thought.

Representative Paul Ryan's Excellent Plan

I applaud Representative Paul Ryan (R-Wis.) for his plan to cut spending by $5.3 trillion dollars and balance the budget by 2040. His plan would simplify our tax structure which would help to create economic stimulation and economic growth as our government would decrease in size and be forced to become efficient.

Representative Ryan has become our country's spokesman when it comes to seeking a solution to our out of control spending and national debt. He is the only member of Congress in my economic opinion who has the desire to try to create a solution to this economic debacle that currently exists in Washington. And his plan needs to be looked at and enacted upon to save our country and economy.

What we hear from the Democrats is more of the same, more and higher taxes, more spending on failed social welfare programs, more spending on crony capitalism, more, more and more waste. And these economic programs of tax and spend have failed our economy miserably.

It is time for a different way of looking at Washington, cut spending, cut programs and cut taxes.

Connecticut's Cruel Gas Taxes-Cap It Permanently

There are many cruel gas taxes in our state along with many other excessive taxes on all aspects of our lives and businesses. But it is interesting to see that our one party rule in Hartford is willing to throw taxpayers a bone with a one year and one year only cap on the state secret gross earning tax on gasoline. Why can't they cap it permanently?

I guess taxpayers and drivers in our state should be ecstatic at these crumbs thrown at us. Why are we this highly taxed in the first place? Is our highway system that efficient? For example smooth, paved roads? Or is it a nightmare especially in the I-91-95 corridor? Where does all this gasoline tax money go to-the general fund, the one party rule slush fund that has driven our state into debt with out end?

And the rhetoric of the secret gross earnings tax cap continues. Senator Suzio's proposal should be voted on immediately and made permanent once and for all. Taxpayers have been raped long enough by Hartford's one party rule. It is truly time to end our taxation without representation that exists in Hartford.

The Jobs Postings

Well the poor economic news continues to pour into our overtaxed state. As I stated in my last blog, I really did not feel that our state is gaining more jobs or the unemployment rate is going down that much. Also new jobs being created to replace those jobs lost over the past four years is down by 67% meaning that only about 33% of 117,500 jobs lost in the last recession have been recreated. That in my economic opinion is a dismal record, but a record which is consistent with a one party rule in Hartford. Thus Connecticut continues to once again lag behind the rest of the country in new job formation and will probably be one of the last states if not the last state to recover from the recession. In my economic opinion we still have yet to recover from the previous recession and this recession is no different. An obstructionist government, excessively high taxes, high workers compensation and unemployment costs and a poor road system has led to Connecticut's decline.

Why in the world would you vote for this same type of one party rule in November again make no sense to me-maybe a balanced political system in Hartford might actually yield economic results. Are we going to see the same results in March, 2013?

A Lack Of Jobs

Where are the jobs in Connecticut? For that matter in our country? How is 8% unemployment looked at as being an improvement in 2012 for our state? What about the number of workers who are out of unemployment benefits and given up looking for work and are no longer counted? Thus we may actually have an unemployment rate of 15 to 17% rather than a published 8% rate. But then again economic figures are normally manipulated by governmental officials to their benefit and for political gain.
Sort of like what we will see in Monday's report on jobs. Or then again the lack of jobs and economic growth which still plagues our state. But who is worried about that? We will just keep taxing the remaining businesses in our state with one of the highest unemployment taxes in the country, coupled with all of the other high taxes in the state. And then we will again ask, where are the jobs in 2012?

The Republican Presidential Primary

The Republican Presidential primary has been an interesting process. Candidates have been courting voters and groups with their policies, thoughts and ideas. From a field of eight candidates we seem to be down to four and realistically down to two candidates, Mr. Romney and Mr. Santorum. Both candidates offer many different ideas and views with regards to our current world, economy and social issues. And it shows a healthy Republican view of what a primary is much to the disgust of the liberal mainstream media. As a Republican I feel this process is essential in this election. Mr. Obama is running for reelection with a dismal and economically irrational record. He has help to create a massive national debt increase, a massive socialized health care program and numerous other socialistic programs which are failing our economy on a daily basis. He is a strong candidate? How so? In the liberal media's view I assume. Thus in my economic opinion, Mr. Obama is probably the weakest economic candidate running for reelection in the past 125+ years of our nation. The media will try to continue to prop him up but will not succeed as economics trumps rhetoric. And I feel voters have had enough of him also.

Let Mr. Romney and Mr. Santorum continue their debate, let Republican voters decide who they want as their candidate.

And let the economic debacle that has entrapped our economy for the past four years pass with a new President come November.

Tuesday's Thoughts And More

Random Tuesday's Thoughts and more:

Why are we using taxpayer's monies to finance one party Democratic rule in Hartford?

How is Chris Shays now going to balance the federal budget in six years-didn't he have enough time when he was a Representative?

Where is the Senate's budget Senator Blumenthal?

What are we doing about rising energy prices, funny you hear no mention of the economically illiterate energy policies of this Administration (i.e. Keystone Pipeline)?

Why do we have a budget deficit with the highest tax increase in state's history?

And why is the media avoiding it?

Why did state taxpayers support Ticket Network?

How do they have actual economic value in our economy?

Why can't Republican registered voters like myself pick our own Presidential candidate?

Why must the media try to pick it?

Why is Mr. Obama even running for reelection with his dismal economic record of a record national debt, record unemployment, record federal spending and his dismantling of our military?

Really to me it seems like 1980 all over again...

Cap The Secret Gross Earning Tax-State Senator Suzio To Help Taxpayers

State Senator Len Suzio has proposed that the Connecticut Secret Gross Earnings on gasoline be capped and not continue to increase as gas prices increase. Amen to State Senator Suzio for this monumental fight for drivers and taxpayers in one of the highest taxed states in the country. Our state has secretly for many years now taken advantage of drivers and taxpayers through this idiotic gross earnings tax. A tax that is logically passed on to the users of gasoline much to the amazement of our one party rule in Hartford. State Senator Suzio's plan is to cap this cruel tax and help to actually lower gas prices by preventing this over taxation on our gasoline.

And please do not buy the Democratic rhetoric that these taxes go into improving our road and bridge system. Does anyone drive either I-91 or I-95 on a daily basis? I do not see a smooth patch of road for miles on end nor do I see any improvement in our road system. It is not happening as this tax goes into the general fund for the Democratic blank check government that is forced upon taxpayers in this one party ruled state.

Enough is enough please support this proposal by State Senator Suzio and also sign his petition http://ctsenaterepublicans.com/2011/10/test/

Again More Democratic Confusion-Applause to Ms. Bachand

I enjoyed reading in this morning's Record Journal an article on Tanya Bachand http://www.myrecordjournal.com/wallingford/article_94a80b64-5840-11e1-8097-001871e3ce6c.html

I did find confusing the following statement from the Wallingford Democratic Chairman which was found in the article:

But Democratic Town Chairman Vincent Avallone said that, while he doesn't know Bachand personally, he believes tea party ideas and ideologies have lost steam."The more local Republicans are influenced by the Tea Party, the better it is for the Democratic Party," he said. "I think their effectiveness and impact has worn out and people are fed up."Avallone said that he believes independent voters are turned off by the tea party and see it as "obstructionist."

In my economic opinion the more individual voters and taxpayers are influenced by the Tea Party the more they realize how one party rule by the Democratic party in Connecticut has all but ruined our state. People are fed up with being the highest taxed state in the country and the worse state in the country to retire in rather than being fed up with a free Tea Party movement which is attempting to better our state and country. They are not willing to continue the road to economic ruin that the Democrats have led us on. The Tea Party is an organization that welcomes independent thought and independent voters.

No-I think Mr. Avallone is confused because the more students and citizens I talk to, the more they tell me that they are fed up with our one party rule in this state. The obstruction is found by the Democrats in Hartford whether it is by gerrymandering legislative districts to eliminate candidates from running for state office by being pushed out of their current district or by excessive taxation and nepotism which reigns supreme in Hartford.

Keep up the good work Tanya and the Tea Party. Victory is in sight. The Democrats are the problem.

Connecticut's Economic War

Connecticut has an economic war. It has been going on for years. It is a war that pits those who work, run businesses in our state and pay taxes against a one party ruling elite.

It is an economic war that features outrageous economic claims by a elitist Governor as far as a balanced budget. It is an economic war that features the highest tax rates in the country. It is a war that features economic illiteracy versus free economic markets. It is an economic war that features a waste of valuable state resources such as our youth fleeing from living here. It is an economic war that features being one of the worse states to retire in. It is an economic war that features 10% of all state spending now pays for interest on borrowed money. It is an economic war that has billions in unfunded future state liabilities.

Can we win this economic war? Not with one party rule in Hartford. A continuation of one party rule further creates the economic chaos we have in our state. Thus, the economic war continues ad infinitum (to infinity).

Hey Senator for Life-Where's Our Budget?

Senator for Life Dick Blumenthal is now worried about NFL blackouts along with all of the other fluff things he likes to get press about. But Senator for Life what about something as frivolous as a Federal budget? I mean it is only 1000+ days without a budget-how does the Senator for Life explain it or twist it to his advantage? Or more likely does the Senator for Life understand what a budget is? You would think a Senator for Life who made a state career of enforcing the law and laws yet enacted or created would want to follow the law of the United States Senate and pass a budget for the country. Maybe an actual budget would force some spending cuts and or cuts in our massive national deficit and debt which have been rolling up to record numbers since 2009.

But according to our current United States Senate who cares about the economy, the national debt and having a budget? Certainly our Senator for Life is not worried about something as insignificant as this. After all what is the political value in a budget? Especially when you know your party will probably be losing control of the Senate and Presidency very shortly?

Just imagine Connecticut taxpayers and voters how much further ahead we could have been economically with Linda McMahon as our Senator. Instead look at the economic ineptness we as taxpayers must pay for forever in our Senator for Life Blumenthal.

More Economic News-Higher Gasoline Prices

There will be some major issues as far the costs of gasoline in the near future for a variety of reasons. These are the same reasons that we hear about each year, turmoil in the Middle East, change over by refineries from different governmental required blends of unleaded (50+ blends), shipping issues and the list is endless. So what is new?

We as a country had a great opportunity to develop a more stable energy supply through the Keystone Pipeline project. We know that became political theater for the Obama Administration and thus the rejection of it. Thus a great source of economic freedom for our economy becomes more economic illiteracy by our government.

Here in Connecticut elected officials can not wait for the increase in gas prices as it creates a tax boom for the state through the still secret gross receipts earnings tax on gasoline which increases as the price of gasoline increases. More money will flow into Hartford to keep spending as quickly as possible.

In its most simplistic terms higher gas prices will further our recession and cause consumers to spend and save less each week as gas prices continue to grow. It is nothing new as we have had only 39+ years to become energy independent. And it will be 39+ more years before anything is done about it.

Another Day, Another Connecticut Economic Debacle

Well it is another day and another Connecticut economic debacle brought to you by the stale one party Democrat rule in Hartford. The latest now coming along with a never ending budget deficit even with the highest tax increase in our state's history. Now comes a push to increase the minimum wage by US Representative by decree Chris Donovan.

Why raise the minimum wage? Because it is an election year and that is how you buy votes in a one party totalitarian system such as we have here in our state. Who pays for the increase in the minimum wage? The remaining businesses here in the state and you and I consumers who purchase anything here in our state. Thus in a continued economic downturn we are going to add more issues for our remaining businesses as to how to pay for this now after the largest tax increase in our state's history.

What we see is one party rule's economic illiteracy at work. Why raise it now? Their economic arguments astound me-a minimum wage does more to eliminate jobs than to create them. But then again when one has never worked or been productive in our economy then one does not understand how the economy works. Sort of like how the one party rule thinks in Hartford. It is just another day and another economic debacle here in Connecticut.

The Same State Of The Union Speech

It was the same pretty much as 2009,2010,2011, more governmental programs, more governmental spending, more taxes, more regulations, more national debt, more political nepotism, more economically irrational bills, more, more, more of the same.

Mr. Obama kicked off his reelection campaign last night with yet another recycled State of the Union speech in which he said more of the same that he has said for the past three years. More governmental programs, more governmental spending, more taxes, more regulations, more national debt, more political nepotism, more economically irrational bills, more, more, more of the same. I guess I said that already.

I wonder when he will actually start governing and leading before he is voted out of office in November? Our election day can not happen soon enough.

The Rejection of the Keystone Pipeline Astounds Me and Should Astound America

I guess from an economic standpoint the Keystone Pipeline is in the eyes of economic liberalism bad for our country. It is bad in many ways apparently because it would create 20,000+jobs in a very short time span, lower the balance of trade deficits and economic power of enemies overseas by reducing our dependency upon foreign oil and lastly lower the massive costs of gasoline and home heating oil especially here in New England. The economic logic that this Administration has presented as a reasoning to be against this project astounds me and should astound any rational American.
I guess these jobs are not good enough for this Administration. I guess becoming energy independent is not good enough for this Administration. I guess lower energy prices are not good enough for this Administration. This is just another example of the Obama Administrations blatant disregard for its citizens and its economic future. Unemployment benefits have gone on long enough and this Administration is now solely responsible for the economic mess we are in and have been since 2009. They own it in 2012.

Let's Brand Connecticut

And we can save taxpayers $22 million dollars!
Here are some of my ideas for branding which would save our taxpayers some money:
"Welcome To The Highest Taxed State In The Country"
"Welcome To Connecticut-The Most Union Friendly State In The Country"
"Welcome To Connecticut-A State Ruled By One Party"
"Welcome To Connecticut-A State With A Horrific Road System"
"Welcome To Connecticut And Take The Busway To Nowhere"
"Welcome To A State Near Other States Which Offer Better Economic Conditions"
"Welcome To Connecticut A State Where You Can Vote Numerous Times In An Election"
Ah, the list is endless and I just saved taxpayers like myself $22 million dollars!
Come on let us see what else our one party rule can waste money on in 2012.

So Mr. President What Is Your Plan To Lower The National Debt?

So Mr. President what is your plan to lower the National Debt? The National Debt has increased at a greater rate than ever before in our nation's history since you took office. You have helped to make the National Debt equal to the value of our economy in terms of Gross Domestic Product. You have increased the National Debt by a mere 50%, more than $5 trillion dollars since you took office. You have offered stimulus after stimulus with no economic results. You have spent money that does not exist to entrap our economy with a massive debt for years to come burdening our yet unborn grandchildren with this fiscal and economic mess. And apparently you are proud of your reckless endangerment of our economy by your reelection campaign.
Enough is enough, our National Debt is no longer economically sustainable. You and your Administration have created this mess and you and your Administration are responsible for it.
So again I ask, Mr. President what is your plan to lower the National Debt? The economic silence is deafening.

What Constitution? Obviously Not In This Administration

Do we still have a constitution which governs our country? I wonder after Mr. Obama's recess appointments (even though the Senate is still in session) appointing members to the National Labor Relations Board and a director to the Consumer Financial Protection Bureau without going through the constitutionally required Senate confirmation process.
Why was he allowed to do this in clear violation of the law? Where our Connecticut Senators on this issue? Where are the Republicans in the Senate on this issue?
A severe violation of our Constitution by our spinning out-of-control President needs to be addressed immediately.
The Constitution is what governs the President whether he likes it or not, the law has to be followed and understood, he was sworn under oath by it. What part of the Constitution and his oath does he not understand?
I am shocked and appalled by his actions.
Our election this year can not come too soon as this President is lost and we as a country have just wasted four years.

How Much More Can State Government Grow?

It is interesting to see how much further Connecticut government can grow. In Hartford we have seen a continuous expansion of government in terms of employees, laws, rules, regulations, spending, increased taxes, and losses of economic freedom. What about the largest tax increase in our state's history?
The Super Majority one-party rule of the Democrats in Hartford has basically choked and stifled our economy for many years now. Many of our graduating youth will never settle in their home state due to the high cost of living, high tax rates and lack of job opportunities. I use my daughter as an example, nor do I feel it would be in her best interests economically to come back here, nor will she.
Our state has become and will stay economically stagnant for years to come due to the lack of a two party system in the state. And with 2012 being a state election year we will be flooded with the usual stale Democrat propaganda of showing us how much they have done for our state. It has already started with Representative Tax and Spend Mushinsky here in Wallingford. More of the same in 2012, a ruling one party elite damaging our state economy on a daily basis. Is there an end to this cancerous growth?

What Economic Record?

The 2012 Presidential race is interesting. On the one hand we have the media daily condemning anything the Republican candidates state. They unfortunately are running against both the biased media and an economically incompetent Administration. I am still confused as to how the President is actually running for reelection? On what type of record? He steamrolls a socialized health care plan that no one understands as to how it operates or its costs. He has added over $3 trillion dollars to the national debt. His economic stimulus programs have done nothing to actually create jobs or long term growth. He has helped to pass massive amounts of regulations and laws on all aspects of the economy and our personal lives. He has no transparency in his Administration just political rhetoric. It really has grown stale and continues to distort and hurt our economy.
Thus I am confused as the record that the President is running for reelection on. What he has done is actually good for our country? Or has he brought our country back years in economic regression and recession? In my economic opinion it is the later. He does not deserve a second term nor can he win. The American voter has become tired of this failed Administration and its rhetoric. His one term can not be over soon enough for our country.

All I Want For Christmas Is...

Merry Christmas to all of my readers. Happy Hanukkah to all of my readers.

All I want for Christmas is...
Free enterprise economics to be allowed to work again.
Free market systems to be allowed to work again.
An end to overreach by the Federal government.
An end to one party rule in Hartford.
Connecticut tax cuts and a real balanced state budget.
A presidential candidate who has an actual plan to pay of the National Debt.
An unbiased media.
National term limits for the US House and Senate.
Freedom for countries under the rule of dictators such as Cuba and North Korea to mention just a few.
Respect for the members of our military at all times in peace and war.

Merry Christmas and to all a good night...

Wait A Minute Who Has Been In Power In Hartford For Years?

President Malloy. I guess it is coming, maybe Senator first. I have been following with great interest State GOP Chairman Jerry Labriola, Jr. questioning of our traveling Governors appointment as Finance Chairmen of the Democratic Governors Committee. I also question how much actual economic/finance knowledge Mr. Malloy has in regards to his running our state. First he passes the highest tax increase in the state's history. Obviously proud of that he makes the state income tax increase retroactive to January 1 of this year although few if any in the state tax department can actually figure out how much more one needs to pay to make sure one is in compliance with it. Now the state through the highest tax increase in our state's history is running a $100 million budget surplus through this over taxation since there is little if any economic recovery taking place in the state. Then the state Democratic Party's spokeswoman, Jacie Falkowski, states in the Hartford Courant, "he (Labriola Jr)should really look at his party’s dismal record on job creation, budgeting and leadership first." I thought the Democrats have been in control of State House and State Senate for how many years now presiding over a now record twenty years of economic recession and poor government. They have been in charge dismantling our state economy on a daily basis for many years now. What's the state's unemployment rate and is the unemployment fund solvent yet or must businesses keep paying the additional payroll tax fees to pay off the loans of this fund?
And the Democrats keep picking on former disgraced Governor Rowland's job as a talk show host. Well what about Eliot Spitzer's former job on CNN or how about the Reverend Al Sharpton's talk show job? Those jobs are fine but I guess but not Rowland's position.
Thus more of the same here in Corrupticut.
The Malloy Administration must keep up the talk of their path of socialistic progress of high taxes, more governmental spending and nepotism. The State GOP Chairman must keep up the resistance movement. I will choose to keep up with my feet and eventually leave this quagmire of a state.


“

The MF Global Debacle

Hushed away in the news is the economic debacle of a former Democratic Senator and Governor and his running of MF Global Investments. MF Global for those who do not know its complexities and operations is a cash and derivatives broker-dealer, that delivers access to the world's financial markets in several different ways. For example, some agricultural businesses use firms like MF Global to help reduce their risks and volatility in oil, corn and other commodity prices/markets. They hedge their monies in other words to reduce risks in these markets.
However $1.2 billion of many customers monies is missing. Jon Corzine the former Democratic Senator and Governor who is also the former CEO of this company made a foolish risk and bet on the ongoing European debt crisis and lost. And he does not know where the missing money is. Sounds unbelievable?
Enter now the spin control factor of Mr. Corzine political connections with his being called to testify in front of some Congressional committees. And also enter now the media spin control to protect yet another Obama crony and his highly irrational economic decisions. Why Mr. Corzine bet on the Euro crisis makes no economic sense or logic to me. Why this risk was kept off the financial records of MF Global also makes no economic sense to me. How is this legal? How with all the new financial legislation and laws that this Administration has passed could this have happened? Is it possible that Mr. Corzine is above the law due to his political connections?
And lastly what about those farmers throughout our country who are trying to find out where their monies are? I wonder if they will vote Democratic in 2012?
This new financial company debacle is more of the same, more economic greed and more taxpayers bailouts of those who are politically connected.

Corrupticut

Connecticut no I mean Corrupticut. Values and ethics? In our state?
Now the onslaught of false claims for the Hurricane aid will become political media fodder. Claims and counter claims, investigations and inquiries. Defense and offensive tactics being developed. How could some Connecticut state employees file false claims? And were all the people who applied for this aid really qualified for it? Or was this program another governmental sham and waste of taxpayers monies? I am thankful that State Senator Joseph Markley, a Republican from Southington asked for the investigation of these aid claims.
And the next result of this latest case of outright governmental fraud is? Not much. We are still one of the highest taxed states in the country being overtaxed now to show a surplus. And our over taxation helps to create the entitlement mentality of Corrupticut. Entitlements done both legally and illegally as we are seeing from this new fraud case. Entitlements of our elected officials seeking only their own self interest not the interests of those who they supposedly represent.
Corrupticut. Fraud. Entitlements. Waste.
Just more of the same with new faces in Hartford.

Redistrict, How About Balance and A Real Two Party System For Connecticut?

I vaguely remember a two party system in Connecticut. Many years ago. When there was an actual two party system representing taxpayers and voters here in Connecticut.
Those days are long gone with one party rule by the Democrats at a state and national level here in Connecticut. And we can see the results in our state with a poorly run and bloated state government along with a group of up and coming non productive, economically illiterate, millionaires representing us in Congress.
Thus the debate now shifts to preserving this one party rule by the redistricting maps being shown to a skeptical public. I am skeptical as why would the Democrats give up a chance to continue one party rule and be able to anoint the next Congressional millionaire/billionaire to represent themselves and their special interests which have given them power (like Chris Donovan). The voter and taxpayer are left out of this decision on who represents them. We really do not have any representation on a state or national level in Connecticut and redistricting again proves it.
Again more and more businesses and taxpayers will vote with their feet and leave the one party dictatorship called Connecticut. Redistricting is just another example of the total lack of respect shown to the voters of Connecticut.

Poor State Government

Do we have good state government? Do we have one of the highest tax rates in the country? Do we have one of the highest electric rates in the country? Do we have a poor road system in the state which can not be fixed due to a lack of funds? Do we have one of the highest workers compensation rates in the country? Do we have one of the highest unemployment payment taxes in the country for employers? Do we have one of the highest levels of corporate welfarism in the country? Do we have one of the highest unfunded liabilities for pensions in the country?
At what point do we state as taxpayers we have had enough?
At what point do we state as taxpayers that we have a poor government in Hartford? And that nothing can be done about it?

Poor state government that is Connecticut. 2012 can not come soon enough.

Occupy A Job! And Other Thoughts

Some random thoughts:
How about occupying a job and being productive in life?
How about the rights of taxpayers?
How about a massive cut in federal spending and no tax increases?
How about the taxpayers who pay to use I-84 Entrance Ramp and were not allowed to use it yesterday-they do not have rights?
How about the irony in the Mayor of New Britain wife being arrested at the I-84 protest?
How about the irony in the high property taxes in New Britain?
How about letting Wallingford elected officials govern rather than being forced to go to referendum on anything to do with the downtown area?
How about letting the free market system work in our economy?
How about basic economics classes be required of all elected officials at all levels of government?
How about state leaders actually staying in the state and governing?
How about unfunded pension liability reform?
How about a balanced budget according GAP?
How about economic freedom?

Why I Do Not Support The Referendum and Will Vote No

I do not support the referendum on the Simpson Court Parking Area and I am going to vote No on Monday.
Wallingford is a beautiful town especially its downtown area. Many citizens in town believe it or not, use the parking area in front and behind the businesses in this area. I personally park in front when there is a spot and do my banking business and then cross the street to go to the Post Office. It is easy, convenient and saves me time. I foresee all of that being gone if this does not pass as the parking lot will only be for those businesses there. Thus I get to waste more time.
Another point is that the lease agreement has been in effect for 50 years now. I personally would not want strangers parking at my house or business and leaving their cars in my lot. The owners of this area have been helping the town in area business and municipal government parking for years. Why must it change now? Because the town wants to improve the area? The same argument can be made when the town offers a tax break for a business moving here in town? What is the difference? Why aren't the self appointed financial police investigating each one of these deals? Because they benefit Wallingford that's why.
However this parking area is great political fodder and recognition especially after Tuesday's election results for the Democrats. And they are wrong in their arguments-they do not make sense to me economically.
Also I do not see as the cure-all the old Wooding area as a municipal lot. This should be used to create the expansion needed for the Police Department which would eventually incorporate more public parking. As such that is down the road and it is an area which realistically is two to five blocks down from where people wish to be in the downtown area. That will cost money also.
Sometimes money needs to be spent. In this case it is money well spent which helps the local economy and local businesses. All of Wallingford and all of Wallingford's downtown merchants benefit from this paving. If Wallingford's downtown merchants are prosperous then more jobs are created and more tax revenue is created. It is a win-win situation for both private business and local government. Why this has become an issue is beyond me.
One final point-as I watched the local Public TV show created by anti paving self appointed spokesmen I was confused by their thoughts and arguments. What lower Quinnipiac Street has to do with the paved downtown area is beyond me? Do they want us to park down there and walk up ten blocks? If it is so littered, with the time they spent creating this show they could have picked up all of the litter and done something actually productive for once rather than costing taxpayers monies once again with this referendum. Actions do speak louder than empty words.
I do not support the referendum on the Simpson Court Parking Area and I am going to vote No on Monday. I hope you vote No also.

Vote Today. And Vote Republican.

Vote today. Yes go out and vote. Whether you are live in Wallingford or any other town here in Connecticut, vote today. It is your constitutional responsibility. Democracy can only be achieved when voters actually go out and vote. Not just 40% but 100% of those who are registered need to go out and vote.

Wallingford voters have an exceptionally strong slate of Republican candidates to vote for especially Tom Laffin, Vincent Cervoni, Craig Fishbein, Tom Marrone, Tanya Bachand and the rest of the Republican slate. And Mayor Dickinson deserves your vote for another term.

Remember vote today, don't be a spectator in our democracy.

$72 Billion Dollars and Counting...

Hey what's $72 billion dollars plus and counting? If you are a taxpayer that is how much you have given collectively to the Federally run Freddie Mac mortgage company. Of that $72 billion, approximately $14.9 billion has been paid back. Of the remaining $57 billion that is owed, in my economic opinion I doubt seriously if it will ever be paid back. And we are not even counting how much Fannie Mae has stolen from taxpayers.
So-hey what's $59 billion and counting when it comes to taxpayers monies. Washington realizes that those taxpayers (like myself) who actually pay federal taxes (along with state and local taxes) have unlimited sources of income to pay for these types of corporate welfare bailouts. And to continue to pay we shall so long as this economically inept administration is in office.
The mortgage market needs to clear out once and for all. Those who can not afford their homes need to move out of them, bad mortgage debt needs to be written off and Fannie Mae and Freddie Mac do not deserve one more cent of taxpayers monies. They both need to be privatized. Once and for all clean up the mortgage debt market.

Another Couple Million Dollars. Who Is Counting?

Hey what is another couple million dollars of clean up, lost work, lost production and damage to Connecticut?
We just had a hurricane two months ago which cost the state millions upon millions of dollars. Now we have a northeaster cause more damage to the tune of millions upon millions of dollars.
We hear that CL&P will raise rates if they must trim trees more often than in a five year cycle. My economic question to CL&P (and no I do not have them here in Wallingford thankfully) is why are you in business if you can not maintain your wires and are ill equipped to handle a crisis or two?
And why is Governor Malloy underwhelmed with the lack of response by outside entities? Are they responsible for the storm and the lack of preparedness by both his Admninistration and CL&P? Anyone know what self sufficiency means? Anyone know how to prepare for an emergency by trimming trees and investing in underground utilities? We have plenty of money to waste for the one party rule special interests in Hartford but we have no money for what is really needed in our state which is investment in our infrastructure so consumers in winter do not to wait days on end for something as simple as electricity. Are we a third world nation?
The priorities do not exist in Connecticut-Hartford's one party rule is the priority of political expediency, nepotism and special interest lobbying. Not something as stupid as electricity and infrastructure.
But then again what is another couple of million dollars anyways?

How About "Taxpayers Awareness Day" Rather Than Diapers?

How about it Mr. Malloy and Ms. DeLauro-"Taxpayers Awareness Day" rather than "Diaper Awareness Day". In a state with still a massive budget deficit along with massive amounts of unfunded liabilities what are we not having a "Taxpayers Awareness Day"? Why isn't the current regime in Hartford educating taxpayers as to the massive amounts of tax monies that are being spent on cronyism and corporate welfare? Why are taxpayers not being told the real truth about the waste of taxpayer's monies going to program after program of the micromanagement of our businesses and our lives in this state? Why are taxpayers going to be forced to pay for diapers? I do not remember anyone paying for my daughter's diapers back in 1988, thus why I should pay for another person's today?
Why?
Ultra liberalism as exhibited by these two paid professional politicians continues to fail our state and our country on a daily basis continuing the economic downward spiral we have. We can only continue to fail economically when taxpayers must pay for diapers for liberalism. We truly have a socialist state lost in progressiveness to achieve a false Utopian society in which a ruling elite like the current one party rule dictates to us what we can and can not have. And we continue to lose taxpayers in our state as more socialism like this is forced down our throats.
"Taxpayers Awareness Day" How about today?

Dickinson For Mayor Again In Wallingford

I love Wallingford. I do not like Connecticut much any more with its progressive one party ultra liberal ruling elite in Hartford. Wallingford however, is a community that its citizens are proud of. It is a town that many people want to move to because of its strong school system, low taxes, low electric rates, close location to both Hartford and New Haven, many stores and businesses. It is a community where we have seen a steady positive course continue through the administration of Mayor Bill Dickinson. I believe that the Mayor who has been in office for many, many years now has led Wallingford by example always putting the town's needs first over self glorification and personal gain. He lacks an ego which so apparent with our new Governor for life.
In this election we have the same cries of a lack of progressiveness and the downtown parking lot crisis. It to me is more of the same debates which do not lead to any positives for the community.
This election a vote for Mayor Bill Dickinson and the Republican candidates for Town Council and Board of Education will continue the path of progress for our great town, Wallingford.

$290 million taxpayer's monies = 300 Jobs - Have You Checked How Much More You Are Paying In Additional State Taxes?

Let me try to understand more fully the Jackson Labs welfare deal with the state of Connecticut. Jackson Labs are supposedly going to raise $800 million from other sources (there will be apparently taxpayers monies coming from federal sources) and the state will subsidize them with an additional $290 million of taxpayers monies to have them move here. 300 jobs will supposedly be created from this. Apparently also these same 300 jobs will create trickle down economic growth from homes being bought, more children to be educated in taxpayer funded public schools, more groceries being sold at the local Big Y, etc.
But what will be the actual economic reality? It will take a great deal of time for the facility to be built. The facility will have cost overruns as what normally happens in deals like this. The company can not guarantee that economic issues will arise in the future and thus they shut down as has happened in prior deals that the state has agreed upon.
The costs of corporate welfare are enormous in our economy. The state could have pursued for years a business friendly environment with low taxes, low electric rates, low workers compensation costs, a functional transportation system and a normal non combative, non anti business Attorney General. Businesses would have wanted to locate in Connecticut. Instead we have had a severe anti business climate in our state since the Weicker Administration.
$290 million dollars of taxpayers monies can be better spent. I agree with Senator Suzio, stop this plan. Start forgiving state taxpayers who must burden this ridiculous corporate welfare system.

Tanya Bachand For Wallingford Board Of Education

Another Republican candidate for the Wallingford Board of Education that stands out this election is newcomer Tanya Bachand. Ms. Bachand is fiscally conservative and is interested in bettering our education system.

From the Wallingford GOP website http://www.wallingfordgop.com/bachand.html
"I am looking forward to serving on the Board of Education. I bring a conservative outlook and a strength in long term strategic financial planning. With the right fiscal management, Wallingford can strengthen and amplify the education of our children, while maintaining a fiscal discipline that respects the taxpayer. I'm excited to bring the taxpayer back to the education conversation."

She is for education and deserves your vote in November. I know she has our vote.

Michael Brooder For Wallingford Board Of Education

I am voting to help re-elect Michael Brooder to the Wallingford Board of Education. Michael has a child in Rock Hill School and is active in our community. He also believes in a strong educational curriculum which address our economy's needs.
From the www.wallingfordgop.com website
“As a father of a Rock Hill School student, I understand the need for a rigorous curriculum that prepares students for the 21st century. I firmly believe we must create a learning environment that assures educational opportunities for our students. I have been a longtime supporter of quality education. Drawing from my experience as a Certified Public Accountant and current community involvement, I will focus on fiscal responsibility and leadership for educational excellence for Wallingford.

“I look forward to serving the youth of Wallingford, their parents and the town’s citizens and take on this opportunity with vigor and enthusiasm. I am eager to take on this challenge and confident that with hard work and determination I can make a difference.”
I urge you to vote for Michael Brooder for Wallingford Board of Education.

Christine Mansfield For Wallingford Board Of Education

Christine Mansfield is a newcomer to the Wallingford Republican Board of Education ticket. However she is an active part of Wallingford in many ways. She is an articulate and caring candidate for this position in my opinion.
From her website: http://christinemansfield.com/

As a wife, mother of three, Wallingford business owner, Chamber member and active community volunteer, Christine is thrilled to accept the Republican Committee endorsement to run for the Board of Education.

Christine asks for your vote to build the best education system in partnership with our parents, our teachers, our taxpayers and business community. Every child deserves this great freedom of education and the opportunity to achieve and learn. Every teacher deserves the resources to bring 21st century and fundamental skills to the classroom. Every taxpayer deserves School Board members with decision making, budget decisioning and partnership experience to spend each dollar efficiently and wisely.

These uncertain times challenge candidates to make solid decisions based on experience, but with plans for the future. Your vote for Christine Mansfield is a vote for experience and leadership. Your vote is a vote for a Villanova University and MBA graduate with a track record of bringing people together from all parties to make fiscally sound decisions. Your vote is for a mother of three children, passionate and involved in supporting this great school system. Your vote is a vote for a business owner, committed to children and education, the work she has performed and been acknowledged by several respectable organizations:

* Experienced decision maker on Quinnipiac Chamber Board of Directors, Holy Trinity School Chairwoman of the School Board and Wallingford School District Strategic Planning Committee
* Legislative advocate in Hartford for pro business, pro job legislation as Co-Chairwoman of the Quinnipiac Chamber of Commerce Legislative Committee
* Active supporter at Dag, Moran, Sheehan and Lyman Hall as speaker at Career Fairs and keynote for the Lyman Hall School to Career Awards Dinner

* Strategic Leader in Community youth projects pm Wallingford School District's School to Career Board and Wallingford Community Theatre

We are voting for Christine Mansfield for Wallingford Board of Education and hope that you also vote for her too.

Joe Marrone For Wallingford Board Of Education

I am using one of my votes to help re-elect Joe Marrone to the Wallingford Board of Education. I recently talked to Joe at the Celebrate Wallingford festival this past Saturday on his reelection campaign. Mr. Marrone has done an excellent job in my opinion in his first term on the Board.

From his website:http://votejoemarrone.com/issues.html
Value

Education accounts for more than two-thirds of our town budget. We need to make sure that we are providing the highest quality of education to our children while providing the best value for our taxpayers.

Accountability

Our school system needs to be held accountable to our customers (our students, their parents, and the taxpayers that make it all possible) for delivering a results-based education.

Parental Involvement

Involved parents can do more for the education of a child than any school program. To that end, our school system needs to do as much as it can to foster the cooperation of parents, teachers and the school administration.

Vocational / Life Skills

Not every student is college bound. Students should be exposed to as many types of vocational skills as we can reasonably provide so that students that are not on an academic path can still succeed in life.

Bullying

We need to be ever vigilant and aggressive at combating bullying in our schools. Students can't learn if they are anxious or fearful of their classmates.
Academic Rigor and Fidelity of Instruction

We need to ensure that every student gets the same challenging, high quality education regardless of which school they attend or what teacher delivers the instruction.
I urge Wallingford voters to re-elect Republican Joe Marrone to the Board of Education.

Craig Fishbein For Wallingford Town Council

Research on town issues is critical to any Town Councilor's success. Republican Craig Fishbein in my opinion does a great deal of research on the issues that confront the Wallingford Town Council. In his first term on the Council, Mr. Fishbein has been prepared and well informed. I like that in someone that represents our town.

I recently had an opportunity to talk to him with regards to the 2011 election. He stated: "I believe that it is not the government’s responsibility to give us handouts or to tell us what to do. It is not the government's place to regulate and/or to tax us to death. As a member of the Wallingford Town Council, I will strive for smaller government, low taxes, and less interference in the day-to-day affairs of our law-abiding citizens."

Mr. Fishbein has been a strong member of the Council and does an excellent job in analyzing what comes in front of the Council. I believe he would do another great job in his second term representing Wallingford.
He has my vote for another term.

Vincent Cervoni For Wallingford Town Council

Another strong candidate from the Wallingford Republican party that is running for re-election to the Town Council this election is Vincent Cervoni. I had an opportunity to talk to him a few weeks back about his campaign and views for the upcoming election.
When discussing his first term on the Council, Cervoni stated:
"As I come to the completion of my first term on the Wallingford Town Council, I'm proud to have been part of an administration which has achieved a bond rating of Aaa. This speaks to the pattern of fiscal responsibility commenced by Mayor Dickinson and which has carried through recent years."
"While I do believe that Wallingford is a great place to live for people from all walks of life, I would like to see an improvement in the appearance of our downtown district, our uptown area, and the Route 5 corridor. It is my hope that I will be given another term on the Council to work toward these objectives."

Cervoni has been in my opinion a strong and effective Council member in his first term, he is articulate and offers a great deal of insight on many issues that come forward to the Council. He deserves a second term.
Mr. Cervoni has my vote this November.

Tom Laffin For Wallingford Town Council

I like Tom Laffin. I am going to vote for him as one of my votes for Wallingford Town Council. Tom served on the Wallingford Board of Education and is well aware of the issues going on in town. Tom would bring to the Council a common sense approach to fiscal management of our town along with a business oriented focus. Tom was articulate when he was on the Board of Education on all issues he faced. He is a life long resident of Wallingford and to me is greatly qualified to serve our community with his education and business experience.

From his website www.voteinlaffin.com
My Plan for the Continuation of Successful Principles and Practices for a Prosperous Community
A Vibrant Downtown:

I want a strong, healthy downtown. I want to make it easy and convenient for people to go, shop, dine, enjoy friends and show off their town.
A Solid Education:

Wallingford is highly respected for its education system by other towns and its administrators. After serving on the Board of Education for four years, and working along side of Superintendent Dr. Menzo and our team of teachers and administrators, I understand the needs of our children and how to balance those needs to work well with the general government.
Reliable Utilities:

I'll work to make sure the Mayor and the Public Utilities Commission have the resources and flexibility they need to continue the success we have benefited from. Our town boasts one of the strongest and most reliable electric companies on the east coast. Our water and sewer departments provide inexpensive and unfailing services that are the envy of our friends from other neighboring towns.
Fiscal Responsibility:

Budgeting to make sure our reach does not exceed our grasp, Wallingford has maintained it's strong AAA bond rating while continuing to grow within our means. By working to foster the town's self-sufficient nature and lack of strong dependence on the state for funds allows us to direct our own future.

Tom Laffin, the right choice for one your votes for Wallingford's Town Council
I know Tom has my vote this November.

Trying To Understand Higher Taxes But Can't

As an economist I continue to try to understand politicians most favorite phrase and term-"Higher Taxes". I no longer understand what this term means as it relates to government and its' spending. Higher taxes seems to mean that taxpayers have an unlimited amount of income that they must pay to government at all levels, local, state and federal.
Taxpayers must accept these poor economic decisions that are made by our elected officials and thus pay these higher taxes to continue to support an inefficient and bloated government. Politicians remain unchecked in their economic power grab of taxpayers' income and wealth. Then this money is redistributed in some ways to an elite few for their own economic gain. Higher taxes strips economic growth out of our economy.
Higher taxes does little to help government control spending and or pay down debts as has been see through the bloated Democratic state budget enacted. A massive tax increase (higher taxes) has done little to help our state economy nor is it addressing the massive unfunded pension liabilities of the future.
So I do not understand higher taxes. Nor do we have any plans for addressing our national debt, addressing our massive Connecticut unfunded long term debt or resolving massive unemployment. We have more of the same rhetoric-higher taxes, over and over again-ad infinitum (to infinity).

Hey Whats $13 Million? Taiwan Is Nice This Time Of The Year

Hey who cares about $13 million in pension funds? Especially when state pension unfunded liabilities are anywhere from $10 to $15 billion depending on who you believe. So what is the big deal about the State Treasurer trying to figure out a way to get that $13 million out of Taiwan? Heck I do not understand why the Democratic party and the state media isn't applauding her for making that kind of money on the pension funds. Why are they not giving her a raise? Or maybe a new car with new plates and registration? Why shouldn't taxpayers pay for that?

I mean $13 million can go a long way to paying down that $10 billion in unfunded pension liabilities. What is that about a 1/2% of it? I mean I know somewhere the Democrats have a plan for paying it off like raising more of our taxes or some other economic scheme. Just like the plan for rebidding almost $1,000,000 in banking contracts which have not been rebid in ten years.
Oh well-what's money when it is not yours and you do not have to be accountable for it? Anybody see $13 million?

How Many More Disincentives To Work In Our Economy?

How many more disincentives will this administration come up with to make working for a living a thing of the past? 99 weeks and counting for unemployment benefits. A special unemployment tax levied on all businesses in Connecticut who pay into the unemployment fund due to it being broke. Massive taxpayer funded stimulus packages for the past three years and the net result is even higher national debt and higher unemployment rates. We now can argue that there too many disincentives to actually go out and find a job. These disincentives further erode any hope for economic expansion and growth in our economy.
In my economic opinion due to the anti business atmosphere that the Obama Administration has and its anti free market theories, many businesses will not hire new workers in a period of economic uncertainty. Businesses are fearful of massive new labor laws and economic regulations which continue to hinder our economy in the long run. Thus, no new jobs.
Maybe new jobs will be found in 2013 with a change in Presidents. It can't happen soon enough.

Wow-More Economic Misery Again By This Administration

Let me try to understand this new economic logic, we are now going to raise taxes to pay for more jobs? What kind of jobs escapes me as the recent Obama jobs campaign speech promises more of the same economic misery that we have seen since January 2009. Again by raising taxes on millionaires who earn $200,000 a year, what is being accomplished economically? Another transfer of wealth? Another penalization of the creation of wealth in our economy except for those who have donated to Democratic candidates (i.e. General Electric, Warren Buffet)? Thus more of the same economic plan. Transfer wealth from those who have earned it through higher and greater taxes.
And no jobs will ultimately be created. After three years of failed economic policies would it make sense that the free market system be once again allowed to function without chronic governmental interference?
No, instead we will have more economic misery. More of the same failed economic policies.

More Failed Keynesian Policies - More Of The Same

Well Mr. Obama's speech was filled with more of the same, more governmental spending and more failed governmental micromanagement of our economy. What a pompous campaign speech by an individual whose one term Presidency is fading very rapidly into oblivion. Not to shock the President and his economic advisers but they must realize that the current gap between gross domestic product and potential gross domestic product is about $1.3 trillion. That is a substantial amount of money which this new and recycled jobs plan does little to address in the long run. Actually from an economics perspective I see no mention of this at all.
Naturally he also called for higher taxes on those who pay the most in taxes already, I had mentioned in a previous column that Warren Buffet and his buddies can contribute to the national debt.
The mortgage market also must clear itself finally and not continue to be propped up by individuals who economically can no longer afford their homes. The new plan does more of the same which will still not address the excessive amount of toxic mortgage debt in our economy. Which forces the continuing problems in this area of our economy.
My economic advise is simple, Congress do not pass this debacle of a campaign/jobs bill. Let the free market system clear itself of the economically inept government programs that have burdened the markets for too long. Allow free market incentives to increase production of goods and services which allow for the creation of new jobs for those 18% who are unemployed. Keynesian economics does not work and has never worked in our economy, not in 1933 nor in 2011.

More Speeches = Less Jobs

Let me see, tonight we will hear how the Republicans are at fault for the economy and in particular the lack of jobs in our economy. We will hear that this President inherited this mess and that a mere $2 trillion dollars in debt later, he needs yet another stimulus program to get Americans working. And/or maybe an extension of unemployment benefits to 3 years or may be your entire lifetime until you can retire on Social Security at 62. We will see liberal news commentators spin his words to biblical proportions. And then maybe a majority of Americans who work and pay taxes at all levels of government will finally see how unprepared and unqualified Mr. Obama is to be the President of the United States of America.
The campaign for President is in full swing, we really need someone who understands the free market system and economics to become our new President. Millions upon millions of Americans have had enough of the lackadaisical on the job training that goes on in the White House with this Administration especially with poor economic policies that have damaged our economy.
More speeches and still even fewer jobs on the horizon. One term and done economically.

The Local Election Is Near-Here Comes The Misinformation

Yes for Wallingford voters the local election is near-here comes the misinformation. We will hear the usual denunciation of the Republican Council members and the Dickinson Administration. We will hear the misinformation about the paving of the parking lot at Simpson Court. It would be interesting to see if anyone remembers when John Thompson appeared before the Town Council with the plans for this repaving (as is provided by the lease which the town has had since 1961 for this area) and why there was no objections to it at that time. But now we can view the election fodder of why this area must not be paved to benefit the town and the downtown area. And the fight for the referendum for this will amount to a great waste of taxpayers monies for it. And what is the purpose of this? Is it really saving taxpayers monies? In my economic opinion, it is not saving the $500,000 that is going to be spent to improve this area nor does Simpson Court owners need to accommodate Town Parking either if the lease is voided.
Thus in the 2011 election we will have more of the same, misinformation.
Democracy has always been served well by those who question what needs to be questioned. Democracy does not function when it is degraded to the constant turmoil of misinformation by a chosen few who claim knowledge in all areas called local government.

Labor Day Economics

Happy Labor Day. How many people are working today? What is the real rate on unemployment? 18% with those off the unemployment compensation roles due to their 99 weeks benefits ending? How many jobs have been permanently lost in our economy since 2008? How many jobs will either be lost or gained from our recent hurricane? How much does federal government interference and regulations cost in actual new job creation? How can new job creation occur with chronic government overreach in the labor market? How many more failed jobs plans can the Obama Administration create? Why are Unions given their current salary and pension structures which are in the case of Connecticut still not addressing long term unfunded liabilities? Why can't the free market system allow for the creation of new jobs without governmental subsidies paid for by taxpayers? Why is Connecticut's unemployment fund broke?
Happy Labor Day-hopefully you have a job as do many, many politicians and governmental workers at all three levels of government have. If you don't have a job...well...

More Poor Economic News

Taking a break from the 24/7 hysteria of Tropical Storm Irene, we need to examine more poor economic news coming from Connecticut and our nation.
From Connecticut I envision many taxpayers not fully understanding the new higher retroactive tax rates coming out of our one party rule in Hartford and ending up owing much more in state income taxes come filing time. Trying to understand the retroactive part of this rate is nearly impossible if one was to read the Department of Revenue Services website. Maybe it could be explained in plain English for a change.
Also from Connecticut the obvious costs of the storm will be enormous, the losses will be staggering and forthcoming will be increases for all for their property insurance whether or not a claim has been filed or not.
On a National level, not even mentioning the still out-of-control National Debt, is the now downward revision of economic growth to less than 1% for the last quarter. For any economy to expand its needs strong economic growth which our country does not have now. Couple this with a real unemployment rate of 18+% and you spell recession/depression for the remainder of this year and next. Economic gloom is here and will remain with the economically irrational policies of the Obama Administration. Mercifully I can truly see a new President being elected come November.
More poor economic news, more to come.

Why Not Write The Check Warren?

Why not write it? I continue to be amazed at Warren Buffet and his demand to pay more taxes. His $6,938,744 that he paid last year in Federal taxes apparently was not enough. Why not write the check then Mr. Buffet? There is a way for any taxpayer to pay more in taxes to our spendthrift Federal government. Way back in 1843, an account was formed so that citizens could give gifts to the government including money.
From the US Treasury Website:
Gift Contributions to Reduce Debt Held by the Public

The Bureau of the Public Debt may accept gifts donated to the United States Government to reduce debt held by the public. Acting for the Secretary of the Treasury, Public Debt may accept a gift of:

Money, made only on the condition that it be used to reduce debt held by the public.
An outstanding government obligation, made only on the condition that the obligation be retired and the redemption proceeds used to reduce debt held by the public.
Other intangible personal property made only on the condition that the property is sold and the proceeds from the sale used to reduce the public debt.
Gifts to reduce debt held by the public may be inter vivos gifts or testamentary bequests.

Thus in Fiscal Year 2011 $2,035,349.94 has been given so far. With a $14.5 trillion dollar debt it helps buy our government a few more seconds of deficit spending.

So again I ask why can't Mr. Buffet and his liberal friends put their money where their mouths are? Send your billions to pay off the national debt. Your illogical economic arguments about higher taxes leave a great deal to be desired. Higher taxes on people who earn $250,000 and more are stale and do little to help our economy or economic growth. Those are income earners who are paying the bulk in taxes, not you Mr. Buffet and your liberal rich friends. Maybe Congress could pass a Buffet tax. A tax to bring your tax rate to lets say 90%? Or how about 100%? If that were to happen watch the outcry by these same liberal rich folks-how dare you take our hard earned income! But it is acceptable to tax our $250,000 millionaires in our economy?
Just write the check.

The Tea Party-Alive and Well

Liberals and Democrats seem to strongly dislike the Tea Party movement. Why? The Tea Party movement in my economic opinion is long overdue. It is a grassroots movement which has a simplistic and long overlooked economic premise. You can only spend as a government what you have and no more. Deficits and debt compromise the economic well being, economic growth, jobs and interest rates of any economy. The out-of-control spending and debt crisis of the Obama Administration has helped fuel this resistance movement for our economy. It is not radical nor does it vote in Congress. It is an economic movement which has been long overdue in our economy.
Taxpayers are fed up with the waste and fraud of our government's spending and lack of checks and balances when it comes to deficits and debt. The Tea Party movement addresses these concerns. And the truth hurts both sides of the political aisle. And the truth especially hurts a liberal and biased media in our economy.
The Tea Party is here to stay no matter what a biased poll states. The Tea Party movement is the only remaining check to balance out-of-control governmental deficits and debt. The Tea Party movements strength is only beginning to show and it will grow even more so with the upcoming Presidential election. Yes, liberals the Tea Party is here to stay.

Debt and More Debt

And the debt continues. Congress and the President choose to avoid economic reality with the new/old debt ceiling lie. We can see no meaningful reductions in federal spending nor any economic efficiencies taking place with this new deal.
And the blame is everywhere depending on whose side you take. However in my economic opinion to blame the Tea Party movement is illogical and irrational. Our government can not sustain uncontrollable spending in which the bulk of the money they are spending is just paying interest on the national debt itself. It is totally non productive. The Tea Party movement has brought this issue of uncontrollable spending out in the open for all to see and for all to be upset by. Look at the money middle income taxpayers are spending to support this economic debacle. General Electric is not paying these taxes, nor is Warren Buffet. I have never heard General Electric, Bill Gates or Warren Buffet offering to give the government a few billion to pay down the national debt. Middle income taxpayers are paying it. You are not rich if you earn $200,000 a year nor should have to make up for what these companies and individuals are not paying in taxes.
And the debt continues ad infintum (Latin: to infinity-if there is still one).

What Plan?

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

More Taxes And Spending, More Democratic Rhetoric

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

Why Not A Balanced Budget In Washington?

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

The Politics Of Hartford

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

Why Raise The National Debt Ceiling?

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

Should There Be Any Concessions?

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

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

IN CONGRESS, JULY 4, 1776
The unanimous Declaration of the thirteen united States of America

When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security. — Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.

He has refused his Assent to Laws, the most wholesome and necessary for the public good.

He has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.

He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.

He has called together legislative bodies at places unusual, uncomfortable, and distant from the depository of their Public Records, for the sole purpose of fatiguing them into compliance with his measures.

He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people.

He has refused for a long time, after such dissolutions, to cause others to be elected, whereby the Legislative Powers, incapable of Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the dangers of invasion from without, and convulsions within.

He has endeavoured to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands.

He has obstructed the Administration of Justice by refusing his Assent to Laws for establishing Judiciary Powers.

He has made Judges dependent on his Will alone for the tenure of their offices, and the amount and payment of their salaries.

He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.

He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures.

He has affected to render the Military independent of and superior to the Civil Power.

He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation:

For quartering large bodies of armed troops among us:

For protecting them, by a mock Trial from punishment for any Murders which they should commit on the Inhabitants of these States:

For cutting off our Trade with all parts of the world:

For imposing Taxes on us without our Consent:

For depriving us in many cases, of the benefit of Trial by Jury:

For transporting us beyond Seas to be tried for pretended offences:

For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies

For taking away our Charters, abolishing our most valuable Laws and altering fundamentally the Forms of our Governments:

For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.

He has abdicated Government here, by declaring us out of his Protection and waging War against us.

He has plundered our seas, ravaged our coasts, burnt our towns, and destroyed the lives of our people.

He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation, and tyranny, already begun with circumstances of Cruelty & Perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation.

He has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the executioners of their friends and Brethren, or to fall themselves by their Hands.

He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.

In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince, whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people.

Nor have We been wanting in attentions to our British brethren. We have warned them from time to time of attempts by their legislature to extend an unwarrantable jurisdiction over us. We have reminded them of the circumstances of our emigration and settlement here. We have appealed to their native justice and magnanimity, and we have conjured them by the ties of our common kindred to disavow these usurpations, which would inevitably interrupt our connections and correspondence. They too have been deaf to the voice of justice and of consanguinity. We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.

We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly publish and declare, That these united Colonies are, and of Right ought to be Free and Independent States, that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do. — And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our sacred Honor.

— John Hancock

New Hampshire:
Josiah Bartlett, William Whipple, Matthew Thornton

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

Rhode Island:
Stephen Hopkins, William Ellery

Connecticut:
Roger Sherman, Samuel Huntington, William Williams, Oliver Wolcott

New York:
William Floyd, Philip Livingston, Francis Lewis, Lewis Morris

New Jersey:
Richard Stockton, John Witherspoon, Francis Hopkinson, John Hart, Abraham Clark

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

Delaware:
Caesar Rodney, George Read, Thomas McKean

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

Virginia:
George Wythe, Richard Henry Lee, Thomas Jefferson, Benjamin Harrison, Thomas Nelson, Jr., Francis Lightfoot Lee, Carter Braxton

North Carolina:
William Hooper, Joseph Hewes, John Penn

South Carolina:
Edward Rutledge, Thomas Heyward, Jr., Thomas Lynch, Jr., Arthur Middleton

Georgia:
Button Gwinnett, Lyman Hall, George Walton