Wednesday, May 21, 2014

Let Us Place Economic Blame On...

Politicians love to place blame.  For example Mr. Malloy has placed blame on the Republicans (?) for the current economic problems of the state.  High unemployment, a lack of economic growth, residents moving out of state, one of the highest tax burdens in the country and about $80 billion dollars of unfunded liabilities are somehow now the blame of the Republicans.  As a Republican I take great offense to Mr. Malloy’s implication.  I wonder who has been Governor for the past four years.   I wonder who has controlled the State Legislature for how many years-too many to even count at this time.
Thus who is at fault?  We are constantly led to believe that by increasing taxes and increasing spending somehow all of our social and economic problems go away.  We as taxpayers are led to believe that if one position in state government goes unfulfilled (especially when a former Democratic official is not given it) or one program gets cut our state somehow implodes.  Thus we have one of the highest tax rates in the country and one of the highest per capita state governments spending per citizen in the country and in economic reality not much to show for it.  We basically have the same economic and social problems year in and year out.  Whether or not we tax and spend more. 
It truly has become an economic burden to live and work in Connecticut.  As a taxpayer we are held hostage by Hartford’s Omnipotent One Party Rule.  Taxpayers work for government and serve our elected officials.  There is no more checks and balances in state government.  To me it is more an economic disaster day in and day out. 

November is coming the lies about our state will grow by the day.  And who we will elect?  And who will we blame?

Wednesday, May 14, 2014

What New Taxes For Connecticut In 2015?

A $3 billion dollar deficit in 2011.  Shared sacrifice.  The largest tax increase in Connecticut's history.
A $3 billion dollar deficit in 2015.  Shared sacrifice.  The largest tax increase in Connecticut's history.
A $3 billion dollar deficit in 2019.  Shared sacrifice.  The largest tax increase in Connecticut's history.

Do you see a pattern developing?  Economic chaos and turmoil induced by runaway state spending, nepotism and unethical political behavior?

Welcome to the future of Connecticut.  Land of Hartford's Omnipotent One Party Rule.  Are you a Democrat who recently either decided not to run for reelection and or lose an election?  No worries, there is a taxpayer's funded job waiting for you in state government.  No need to fill out an application or take an exam, the job is there waiting.  See the former Democratic Mayor of New Britain as an example.  One of many.

Apparently since Hartford's Omnipotent One Party Rule has been power we see a continuing decline in our economy with high taxes, large deficits, high unemployment and no economic growth.
Unless you are politically connected and receive free taxpayer's monies for your business and then legally give to the Democrat party of Connecticut.  Picking economic winners is a sport for Hartford's Omnipotent One Party Rule.  And also a disgrace.

This pattern and economic fraud needs to stop in Connecticut.  Hartford's Omnipotent One Party Rule must be voted out of office.  A change is essential if Connecticut is going to survive economically.  Hartford's Omnipotent One Party Rule can no longer govern with the chronic lies it feeds taxpayers.  Taxpayers need answers not the deaf political ears of Hartford's Omnipotent One Party Rule.

Wednesday, May 07, 2014

This Is A Budget?

Wow, what a state budget!  I wonder if anyone can understand Connecticut's budget?  How much more was pushed off budget?  Does anyone know how much in long term debt and unfunded liabilities the state actually has?  How does obtaining a theoretical $75 million dollars in back taxes help balance a $19 billion dollars that is filled with pork and excesses?  How large a budget deficit is the new Governor looking at when he or she takes office next January (I am truly optimistic that Malloy is one term and done)?  Is it over $1 billion dollars already?  Possibly $2 billion dollars?  And at what level of new and increased taxation will be needed to maintain this bloated spending?
Many questions however no answers by Mr. Malloy and Hartford's Omnipotent One Party Rule.  Promise everything to the politically connected and force the politically unconnected taxpayers to pay for it.  And still have no long term solutions to the serious economic issues Connecticut has.  It is the same story over and over again, year in and year out.  No changes.  With this budget Connecticut should be ranked 50th out of 50 states in all categories economically soon.
Many plead for a change in Hartford, more balance to government, less laws, less spending, less taxes.  It goes unnoticed and unheard.  Mr. Malloy and Hartford's Omnipotent One Party Rule only concern is their power, power that is stolen and exhibited in so many different ways.
November is fast approaching-is this really the government that taxpayers want?

Wednesday, April 30, 2014

No Rebate, Not Now Not Never -

Mr. Malloy and Hartford's Omnipotent One Party Rule have had enough of tax rebates in an election year. Apparently due to the Bush tax cuts enacted back in 2006 (?), Mr. Malloy and Hartford's Omnipotent One Party Rule are not receiving enough in capital gains taxes and thus no rebates.  Tax revenues are now all of a sudden down dramatically.  No rebates, not now, not never.  Thus I ask the question when is a rebate, a rebate or a rebate?  The twisted irrational economic logic and tax structure of Mr. Malloy and Hartford's Omnipotent One Party Rule truly astounds me.  Mr. Malloy and Hartford's Omnipotent One Party Rule lack of economic literacy is shining through this rebate program.
Mr. Malloy and Hartford's Omnipotent One Party Rule enacted the largest tax increase in the state's history when Mr. Malloy took office.  The largest tax increase in our state's history was supposed to resolve all of our economic problems and provide Mr. Malloy and Hartford's Omnipotent One Party Rule even more money to spend at their whim.
So what happened?  All of these higher taxes end up creating even less tax revenues?  Was it that difficult for Mr. Malloy and Hartford's Omnipotent One Party Rule to figure that out?  And in the same logic it is perfectly acceptable to give away millions of dollars of taxpayer's monies to businesses in the state under the disguise of job retention and or job creation (which is not happening).
It is a sickening economic tax and spend policy that Mr. Malloy and Hartford's Omnipotent One Party Rule have pursued for the past four years.  Mr. Malloy and Hartford's Omnipotent One Party Rule are completely out-of-touch with the economic reality of Connecticut.  Their policies have failed taxpayers miserably.
No rebates, not now, not never.
How about No Mr. Malloy and Hartford's Omnipotent One Party Rule - not now, now never and certainly not this coming November?  Just a thought...

Wednesday, April 23, 2014

More Free State Money

Come one and all, yet even more free taxpayer’s monies are available by Dan Malloy and Hartford’s Omnipotent One Party Rule.  The next in line for free taxpayers’ monies is in a candidate for Governor home town of Danbury.  The poor Cartus Company of Danbury will now receive incentives of a mere $6.5 million of free taxpayer’s monies so they do not move out of state.  From what I can tell a mere $1.9 million of this free taxpayer’s monies will be forgiven if it retains its 1275 employee workforce.  But here is where it gets better, if they create 100 jobs $3.25 million is forgiven and if they create a mere 200 jobs the entire $6.5 million is forgiven.  At a cost to taxpayer’s of only $32,500 per job.  How long will it take the state to actually receive $6.5 million in new tax money to offset this free money given away in this election year?
Any ideas?  After all it is taxpayer’s monies that is being spent by Dan Malloy and Hartford’s Omnipotent One Party Rule.

Dan Malloy and Hartford’s Omnipotent One Party Rule cannot do enough to manipulate our state economy.  Nor can they give away our taxpayer’s monies fast enough.  For power for Dan Malloy and Hartford’s Omnipotent One Party Rule can never be enough.  An irrational taxpayer’s funded business dollar giveaway is just never enough.  And I really hope in January 2015 we no longer have to put up with Dan Malloy and Hartford’s Omnipotent One Party Rule any more

Sunday, April 13, 2014

Is The Tide Turning For Hartford's Omnipotent One Party Rule? Then Back To Normal.

There was a brief bright spot in Connecticut in the 61st District as Republican Tami Zawistowski won the Special Election to replace Democrat Elaine C. O'Brien who passed away seven weeks ago.  Ms. Zawistowski won by a large margin also in the election.
Could this be a trend for November?  Could it mean the end of Hartford's Omnipotent One Party Rule?  Maybe we are seeing that taxpayers are irate over the way Hartford's Omnipotent One Party Rule has damaged Connecticut economically?  The tide has turned and the Democrats are going to be in full spin mode trying to salvage November.  I feel their losses will be mounting through this year.

Another example of the State Legislatures lack of reality, is the Senate led by retiring Senate President Pro Tem Don Williams passed a bill to ban genetically engineered grass seed designed to resist pesticides and herbicides.  However the product apparently has not been developed yet or is in the market.  The House voted down the bill.  My question as a taxpayer is why was this bill even discussed?  With all of the economic problems Connecticut has this was the most pressing issue he could legislate?  And why is Mr. Williams a leading candidate to become President of Quinebaug Valley Community College?  Political connections?  How is he qualified for this position?  After teaching for 32 years why am I not qualified?  I forgot I am not part of the politically elite that have used their political offices for personal and economic gain as is done so well by Hartford's Omnipotent One Party Rule.  Taxpayers serve our elected officials here in Connecticut-this is just another example.

Tuesday, April 01, 2014

April Economic Fools!

April Economic Fools.
What is the real unemployment rate?
April Economic Fools.
What is the real amount of workers who have given up looking for work?
April Economic Fools.
What is the real debt of the United States?
April Economic Fools.
What is the real debt of Connecticut?
April Economic Fools.
What is Affordable Health Care?
April Economic Fools
What is Obamacare?
April Economic Fools
What is the cost of Obamacare to taxpayers?
April Economic Fools
What is the cost of the free money given to Connecticut businesses paid for by taxpayers?
April Economic Fools
What is the real cost of matching funds for Connecticut elections paid for by taxpayers?
April Economic Fools
Are you better off economically than you were in 2008, 2010, 2012,2014?
April Economic Fools
Will you be better off on November 5, 2014?
April Economic Fools



Wednesday, March 26, 2014

This Week's Connecticut Economic Observations

I am back from a too brief visit with family in Florida.  I am always amazed at the lower taxes in Florida as compared to here in Connecticut.  No state income tax in Florida and much lower property taxes.
I also can see how middle class taxpayers here in Connecticut are the true servants to our state government.  State government and Hartford's Omnipotent One  Party Rule represents those politically connected not those who work for a living.  We can see the massive indifference by our elected officials here in Connecticut towards those who they supposedly represent.
For example and a continuing example is the massive amounts of free taxpayers monies which are given out by Hartford's Omnipotent One  Party Rule through the Department of Economic and Community Development (DECD).  We still have no answers on the $400,000,000 that is given out freely and it seems to me without any qualifiers except for not paying much of it back.   I am curious as to what would happen if we did not pay our state taxes, would they be forgiven?
We see now a politically connected individual Anthony Avallone, a 67 year-old former Democratic State Senator, being appointed to a State Judge position and thus qualifying for a massive pension in just three short years.   Apparently he can receive a mere $104,000 a year after three years as a Judge.
I hope he enjoys that sweet taxpayer funded deal due to his political connections.
Connecticut Network CTN, which is the taxpayer funded General Assembly television network watched by many(?) of our state elected officials is scheduled to see its budget increase from a mere $2.5 million a year to $6 million a year through this unseen piece of a new law being promoted in our General Asssembly:
Section 1. Section 2-71x of the general statutes is repealed and the following is substituted in lieu thereof:
For the fiscal year ending June 30, [2007] 2014, and each fiscal year thereafter, the Comptroller shall segregate [two million five hundred thousand] six million dollars of the amount of the funds received by the state from the tax imposed under chapter 211 on public service companies providing community antenna television service in this state. The moneys segregated by the Comptroller shall be deposited with the Treasurer and made available to the Office of Legislative Management to defray the cost of providing the citizens of this state with Connecticut Television Network coverage of state government deliberations and public policy events.


No big deal what is another $3.5 million of taxpayer's monies?

And so it continues-Hartford's Omnipotent One Party Rule ruining Connecticut economically day by day. Connecticut Taxpayers must support this economic regime day by day also.

Wednesday, March 12, 2014

Another Day - Another New Connecticut Utopian Law Proposal



It is another day here in Connecticut, land of economic lasts.

And being another day here in economic lasts, Hartford's Omnipotent One Party Rule has hatched a new plan to spend taxpayers monies.
This new law proposal wants to provide a state retirement pension system for those private sector workers who do not have one where they work.

Senate Majority Leader Martin Looney of New Haven and House Majority Leader Joseph Aresimowicz of Berlin have developed this Utopian/Orwellian plan, both noting they do not know what it will cost the state. Does any elected official know what any programs costs the state? Probably not, but one does not worry about that when you are an elected official in the State of Connecticut. A state of economics lasts in the country.The details naturally are sketchy at this time for this pension plan (sort of like Obamacare), but I thought that was what Social Security was for? I thought Social Security was supposed to take care of us when we retire after paying in taxes to support it for let say give or take 50 years of working-if one starts at age 16 and works until 65. However that is not true now, because you will not receive a large Social Security check when you retire for apparently a variety of economic reasons, the biggest reason being that Social Security is a pyramid scheme and bankrupt (but we will not talk about that).

Here are some free market solutions to this new manufactured Hartford's Omnipotent One Party Rule crisis.
Cut state taxes so that taxpayers who actually work for a living would have more money to save and invest for their retirements (which are hopefully out of Connecticut). Yes cut state taxes. Cut taxes as much as possible. Reduce state government at the same time. Stop micromanaging every aspect of a taxpayer's life here in the state of economics lasts in the country.
However, it is another day here in Connecticut, land of economic lasts. The windows of economic opportunity continue to close daily here in Connecticut, land of economic lasts.
Stop spending taxpayer's monies in these ridiculous programs.

Tuesday, March 04, 2014

Yet More Corporate Welfare In Connecticut Using Taxpayers Dollars

Connecticut is ranked 49 out of 50 states in Fiscal Condition along with many other near last economic categories according to a report recently released by the Mercatus Center of George Mason University.
And Mr. Malloy has given more corporate welfare this time to UTC in the form of a mere $400 million dollar tax break for keeping them here for 15 years and Sikorsky here for five more years before they will probably move.  As part of this agreement UTC must create 400 jobs and invest in a new headquarters in East Hartford along with some other supposed investments.
Whether it is the First Five program, the Department of Economic and Community Development (DECD)  for which taxpayers pay $15.6 million for 212 employees or a golf network which still has yet to broadcast, taxpayers monies are given out freely and usually with no strings attached.  
What is the point of giving taxpayers monies to large companies which are already located here in Connecticut?  They can threaten to move and thus they are granted taxpayers monies to stay.  And in turn many of these same companies employees can give legally donations to the Connecticut Democratic party. What a waste of taxpayers monies.
Connecticut taxpayers must be obedient  to Hartford's Omnipotent One Party Rule.  Taxpayers serve Hartford's Omnipotent One Party Rule by giving their tax dollars to them.  We as taxpayers are at the mercy of a corrupted state political system.  Corporate welfare is just another shining example of this farce called state government.  In a private industry situation we would see our state government fired for economic incompetency and fraud.  In Connecticut the governmental ruling elite is praised and glorified by those who benefit from them.  
It is a corrupted government that we as taxpayers serve here in Connecticut.  It seems like a lost cause.

Wednesday, February 26, 2014

Please Remember Governor Malloy Is Right All Of The Time Especially On Economic Issues

Connecticut taxpayers should always remember that Mr. Malloy and Hartford's Omnipotent One Party Rule is always correct on economic issues.
The minimum wage is another economic issue that Mr. Malloy and Hartford's Omnipotent One Party Rule is always correct on.  A higher minimum wage somehow increases economic growth according to Mr. Malloy and Hartford's Omnipotent One Party Rule.  Does the highest tax increase in the state's history inhibit economic growth?  Just curious that if a higher minimum wage increases economic growth how does Mr. Malloy and Hartford's Omnipotent One Party Rule highest tax increase in the state's history increase economic growth?   I do not understand this logic from an economic point of view.
For example can an argument be made that Connecticut's cost of living is excessively high due to high state taxes?  That these high taxes contribute to the economic stagnation of Connecticut since it ranks near last in most economic categories nationwide?  That these high taxes contribute to the massive amount of taxpayers and businesses who continually leave the state each year?  Again this economic logic fails me.  High taxes have help to create the economic debacle we have in 2014 owned by Mr. Malloy and Hartford's Omnipotent One Party Rule.
A higher minimum wage will do little if anything economically for our state other than increase all the costs of good and services along with increasing the costs of doing business in the state.  It is too bad Mr. Malloy did not understand what Governor Jindal said.  Mr. Malloy may be the liberals dream-however he is the economic nightmare of Connecticut's taxpayers.   Nor does Mr. Malloy understand the economic mess he has developed in Connecticut.
Connecticut taxpayers should always remember that Mr. Malloy and Hartford's Omnipotent One Party Rule is always correct on economic issues-except when they are wrong which 99.99% of the time.

Tuesday, February 18, 2014

At What Point Do Taxpayers Say Enough Is Enough?

How much does it cost taxpayers for a job in Connecticut?  You know the one you are subsidizing through the Department of Economic Development?  Or maybe the Governors First Five Program?
Or how about the Express Program?  Or the Express Program Manufacturing Assistance Act Program?  Or the Manufacturing Assistance Act Projects?  And or the Job Expansion Tax Credit Projects?
My rough estimates on all of these somewhat unknown programs is $400,000,000. It is somewhat difficult to find out this information, apparently we as taxpayers in Connecticut do not need to know.  To retain some jobs, to create some new jobs, to see some of these companies who received funds go out of business ($1,350,000. lost there but hey who is counting?) and on and on....
Buy your job here in Connecticut-but wait Connecticut still has a high unemployment rate.  Connecticut is still charging those who pay into the State's Unemployment Fund a yearly surcharge because the fund is still basically broke.  Wait a minute I thought the $400,000,000 was supposed to create jobs and in economic theory eliminate unemployment?  Why wouldn't $400,000,000 jump start Connecticut's economy?  Why is Connecticut still near last in the country in many different economic categories?  Why are there no answers to this?
Wait it is an election year!  We will hear all of the great things Hartford's Omnipotent Democrat One Party Rule has done for us!  Higher taxes!   More unemployment for a longer duration!  More laws controlling our lives!  More and more of an economic debacle that just continues abated!
How much does it cost taxpayers for a job in Connecticut?
And at what point do taxpayers say enough is enough? 

Wednesday, February 12, 2014

More Thoughts On Your Hartford's Omnipotent Democrat One Party Rule $55 Connecticut Tax Rebate

I still can not get over the possibility of getting back from Hartford's Omnipotent Democrat One Party Rule a $55 Connecticut Tax Rebate-my mind is racing with what I can do with the money.
I am also amazed at all of the new jobs that are supposedly being created with these rebates-pick a number or just make one up-that is what Hartford's Omnipotent Democrat One Party Rule is doing so can't we the taxpayer play along also.
For example let us compare the $55 we may be receiving in comparison to the $214,300,000 of taxpayers monies that was given to the First Five program to help create jobs in our state. 1,377 jobs were supposedly created by last June 30th and a whopping 2,200 jobs in total are supposed to be created from this program.
Or let us compare the same $55 we may be receiving in comparison to the Manufacturers Assistance Act $1,350,000 of taxpayers monies given to two companies that are longer open.  Will taxpayers see a penny of that money paid back?
Or let us compare the same $55 we may be receiving in comparison to the legal contributions made by many of these same recipients of taxpayers monies to a Democratic party fund.  This has been done under the guise of campaign finance reform here in Connecticut.  Get free taxpayers monies from the state, then give to the Connecticut Democrat party.  Great deal.
Hartford's Omnipotent Democrat One Party Rule is delusional in its economic fantasy of Connecticut.
Connecticut continues to rank nationally near last in all economic categories.
I still can not get over the possibility of getting back from Hartford's Omnipotent Democrat One Party Rule a $55 Connecticut Tax Rebate-my mind is racing with what I can do with the money-I am just surprised that Hartford's Omnipotent Democrat One Party Rule isn't forcing us to make a legal $55 political contribution to the Democrat of our choice as a stipulation of this rebate.



Sunday, February 09, 2014

The Malloy State Of The State Address-Was He Talking About Connecticut?

I was unclear as to Mr. Malloy's recent snow delayed State of the State address as if he was talking about Connecticut, the state he is supposedly Governor of.  For what Mr. Malloy talked about as far as what was in his $19 billion dollar budget seemed to me to be an economic fantasy in his dreams and the politically charged re-election dreams of Hartford's Omnipotent One Party Rule.
For example higher minimum wages somehow create new jobs-in Connecticut or in another state when businesses and industries move out to those other business friendly states?
For example a $55 tax rebate stimulates the economy, you can not even buy a full tank of gas with $55.
For example the largest tax increase in the state's history still helps to produce short and long term debt, budget deficits and long term unfunded liabilities.
For example state spending increases another 2.8% in the coming budget, this type of increase is not an increase due to the supposed fact of the massive amounts of money that the state has borrowed and not paid back to fund day-to-day operations.  Therefore the borrowed money does not exist.
For example 27,000 Connecticut residents are not working as compared to when Mr. Malloy took office-this is viewed as an economic recovery in four years?  How many unemployed Connecticut residents have given up finding work in the past four years-possibly 50,000 plus?
For example Connecticut still ranks near last in the country in many different economic areas-this is the true economic reality of Mr. Malloy's economic recovery and the economic dreams of Hartford's Omnipotent One Party Rule.

We continue to face an economic crisis in Connecticut.  $55 and massive over taxation and over spending does not resolve it.  A new Republican Governor along with a Republican State House of Representatives and State Senate would go a long way in turning the vast economic wasteland known as Connecticut around in 2014.

Wednesday, February 05, 2014

Connecticut Cattle Call-Buy Your Votes, Laws And Regulations At The Right Price

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The 2014 Connecticut election season is in full force.  Some snow has not stopped the Malloy Economic Debacle along with Hartford's Omnipotent One Party Rule from continuing to buy votes at any level they can.  From free money given to companies through the Department of Economic Development so that they apparently in turn can give legal contributions to the Democrat party, to developers getting state contracts so that they apparently in turn can give legal contributions to the Democrat party, to Stephen F. Mandel Jr., the founder of the Lone Pine Capital hedge fund in Greenwich and one of the biggest financial backers of the state's Democratic Party to have his private foundation pay for what are known as three “fellows” to develop public policy in the office of Mr. Malloy and two state departments-there is no money that can not be used supposedly legally to buy Democrat votes in Connecticut.
Malloy's Economic Debacle along with Hartford's Omnipotent One Party Rule knows no laws or boundaries.  Public policy and laws in Connecticut are apparently bought at the right price, whether or not Connecticut's near last place economy can handle it or not.  For example
Malloy's Economic Debacle along with Hartford's Omnipotent One Party Rule wants to buy low income voters through raising the minimum wage to an astounding $10.10 a hour causing more jobs to be lost,  buy middle class voters through a ridiculous $55 tax rebate and buys large corporations through free taxpayers money in the form of forgiven loans, loans that never get paid back, special loans, etc. 
Malloy's Economic Debacle along with Hartford's Omnipotent One Party Rule continues to bring Connecticut to its knees economically.  Can voters see why?  Massive budget deficits, long term unfunded debt liabilities, unknown job creation and growth, excessive unemployment, political nepotism, higher tax rates in the country, residents moving out at record numbers, businesses moving out of state, the list seems endless.
This is the four year reelection reality of the Malloy Economic Debacle along with Hartford's Omnipotent One Party Rule.  We are a state bankrupt economically and ethically.  
We need a change in November.  We need in November a Republican Governor along with both a Republican House of Representatives and Republican Senate.  Enough of bought state government and Malloy's Economic Debacle along with Hartford's Omnipotent One Party Rule.
Connecticut can not survive four more years of this.

Friday, January 31, 2014

The Governor Feels You Are Worth $55 And Or $110-I Guess Taxpayers Votes Are Worthless?

If you earn under $200,000. a year you are worth $55.  If you earn under $400,000 a year you are worth $110 a year.  That is what you are worth according to Governor Malloy in an effort to get you to vote for him again.  It is part of his economic fantasy plan to give back a few dollars to state taxpayers who were slammed with the largest tax increase in our state's history when he took office.  He wants to rebate taxpayers either $55 or $110 this year in an effort for you to vote him back into office (Why?).  In the past four years I believe all taxpayers have paid much more than either $55 or $110 in higher taxes.
What happened to the largest tax increase which was supposed to place Connecticut on the road to recovery.
What recovery?
What surplus?
Connecticut still has massive debt both short term and long term.  It will probably have at least a $1 billion dollar deficit fiscal year 2015.  It still has massive unfunded pension obligations and massive long term bond debt.  It is still is near last in most economic categories with non existent job growth,  high unemployment, one of the highest set of taxes in the country, little cash or budget solvency, and a horrific short and long term fiscal condition.
I guess the Governor's largest tax increase in our state's history has not done much in four years now.  Connecticut continues to be a vast economic wasteland under Hartford's Omnipotent One Party Rule largely in part to the economically irrational policies of Governor Malloy.
I hope voters and taxpayers see how little they are worth to Hartford's Omnipotent One Party Rule and Governor Malloy.
Higher taxes and Hartford's Omnipotent One Party Rule have not solved any economic problems in our state.
What an insult $55 and $110 is the citizens of our state.

Wednesday, January 29, 2014

The Tired State Of The Union

Our State of the Union is very tired.
Five years now of the same, more government will resolve all of our problems.
More laws, more taxes, more of the same.
If Mr. Obama does not get what he wants then he will use his executive order supposed powers-why bother with the United States Constitution now and why bother with Congress which has the legal power to pass laws?
Nothing was said new last night, just as a reminder to the President he has helped create great economic inequality in his five years as President.
Funny no mention of Obamacare and the nightmare it has created for many Americans.
Funny no mention of the NSA spying scandal.
Funny no mention of the IRS investigations of conservative groups.
Funny no mention of Benghazi.
Funny no mention of our out-of-control National Debt.
Our State of the Union is very tired.
Five years now of the same, more government will resolve all of our problems.
More laws, more taxes, more of the same.
More and more rhetoric with the never ending campaign to nowhere.
Three more long years of America's economic nightmare continuing unabated.  By a President totally ill equipped to lead our country.
I truly hope our country can survive.


Sunday, January 26, 2014

The Common Core One Million Dollar Ad Campaign Paid For By Connecticut Taxpayers

What is Common Core?  A mere $1 Million Dollars of Connecticut Taxpayers monies will soon be spent to find out.  Common Core is an educational program which ties adoption to "Race to the Top" Federal funding for education.  What are we racing to the top of?  No answers. 
Fortunately State Senator Joe Markley, who is the Republican State Senator from the 16th District is introducing a bill to block Connecticut from spending $1 Million Dollars of Connecticut Taxpayers monies to advertise the bill. 
We still really do not what the standards are of Common Core.  As a Adjunct College Professor for the past thirty-two years now I have seen a continual decline in student abilities and preparedness especially over the past ten years.   Students in many cases are completely unprepared for a college level course.  Public education in my economic opinion is a bureaucracy with little advancement going on in actually teaching our students.  Common Core standards set by Federal Educational Bureaucrats will do little to help this situation.  One can test students all of the state and federal state mandates they want to measure some hypothetical metric with still no results of the student actually understanding and learning a topic or subject.  It is more of the same of stifling actual learning for our students.
Why did the State Board of Education pass Common Core with no input from any educators, parents or our elected officials?  And why is $1 Million Dollars of Connecticut Taxpayers monies needed to advertise the bill?
Senator Markley's bill should be passed - today if possible.  What a waste of education in our society.

Friday, January 17, 2014

Oops more bad economic news for Hartford's Omnipotent One Party Rule

Oops more bad economic news for Hartford's Omnipotent One Party Rule, courtesy of a George Mason University working paper written by Sarah Arnett.  In an excellent analysis of all 50 states financial solvency Ms. Arnett uses precise formulas to present a real world view of all of the 50 states fiscal conditions.
Here is the link for the paper: http://newjersey.watchdog.org/files/2014/01/Arnett_StateFiscalCondition_v1.pdf

Here is the bad news for Connecticut:
From Table 5. Ranking of States by Cash Solvency (Fiscal Year 2012), Connecticut Ranks 48 out of 50 states in Cash Solvency.
From Table 6. Ranking of States by Budget Solvency (Fiscal Year 2012) Connecticut Ranks 41 out of 50 states in Budget Solvency.
From Table 7. Ranking of States by Long-Run Solvency (Fiscal Year 2012) Connecticut Ranks 48 out of 50 states in Long-Run Solvency.
From Table 8. Ranking of States by Service-Level Solvency (Fiscal Year 2012) Connecticut Ranks 45 out of 50 states in Service-Level Solvency.
From Table 9. Ranking of States by Fiscal Condition (Fiscal Year 2012) Connecticut Ranks 49 out of 50 states in overall Fiscal Condition

Thus these economic rankings should be pretty impressive given one of the highest tax increases in our states history, ranking near last in all of these fiscal categories.  It is truly an impressive economic record for Mr. Malloy and Hartford's Omnipotent One Party Rule to run on-overseeing an economic debacle of the greatest proportions.
Oops more bad economic news for Hartford's Omnipotent One Party Rule-but who cares especially when you are dealing the remaining hard working taxpayers monies in Connecticut.

Thursday, January 16, 2014

America's Never Ending National Debt

$17 trillion dollars and counting.  That is America's never ending National Debt.  And if taxpayers were to look at the new 1,582 page spending bill which increases spending by a mere $45 billion dollars they would see more of the same.  More wasteful spending, more entitlement programs and absolutely no plan to pay down the National Debt whatsoever.
It is more of the same.  $17 trillion dollars and counting.  No relief in sight.
Some uncomfortable economic facts about our National Debt is that China now owns over $1.3 trillion dollars of that debt.  Japan owns a mere $1.186 trillion dollars of the debt.  Why?  Has anyone in our Congress looked at the human rights violations in China lately?  Just curious.  Has anyone examined how China does business with our country or other countries lately?  Just curious.
Each citizen's share of the National Debt is over $54,000.  A family of four owes over $216,000.  Just curious as to when an actual National Debt tax assessment will be formulated by Congress?  Don't laugh it could happen.
I have come to an economic conclusion that our political system and those involved in it especially at a state and national level only concerns are their political egos, political power and economic gain they can take from our government and in turn from you and I the taxpayers who support this economic debacle.
The National Debt Game brought to you by our economically challenged elected officials.
$17 trillion dollars and counting.  That is America's never ending National Debt.
What is the plan to pay it back?