Thursday, August 27, 2009

Politicians Should Held Liable For Their Actions

Simply put, politicians should be held liable for their actions. No excuses. For the housing debacle they need to held responsible for their poor judgement and misguided policies. They cost our economy enormously. For their poor judgement regarding economic stimulus that do not work. They cost our economy enormously. For their pronounced, socialistic health care plan that they are trying to ram down our throats. They will cost our economy and take away our personal freedoms. America last that I understood was not a socialistic country, nor were we serfs in a serfdom. We are a free capitalistic system in a democracy ruled by elected officials who are supposedly representing their constituents.
What we have is a government in a self created turmoil whose only concern is the elected officials personal and economic self interest. Yes, the time has come to hold politicians liable for their actions. They will not be able to hide in 2010.

Monday, August 24, 2009

Why Connecticut Needs A New Government

It is obvious Connecticut needs a new government. Hartford and its leadership is failing miserably in their attempt to govern our state. Taxpayers and businesses are held in total disregard by the Democratic super majority. The Democratic solution to every problem in Hartford is to raise taxes whether or not it further erodes the states economy. Whether or not it forces more people to move out of state or sends businesses out of state. Whether or not it takes into account the massive amount of unfunded pension liabilities it needs to deal with for the future.
It becomes more obvious each day passing of no new budget that the Democratic super majority and in particular Mr. Donovan's public relations gimmicks are ill equipped to govern our state. Their only concern is their self preservation of their political power. Political influence is long gone with the Democratic super majority as more people will move out of state and more businesses abandon a hostile state to try to do business in. I know I have had enough and many others have also. 2010 will be the end of the Democratic super majority in Hartford. They are unfit to govern.

Friday, August 21, 2009

The Socialized Health Care Debacle Continues

And on it goes, the socialized health care debacle. Taxes and cost savings do not logically follow in economics. Nor do they follow in any way in the socialized health care debacle. How will the government pay for this new socialized health care plan? The only way possible is through higher taxes. Higher payroll taxes, higher personal income taxes (although Congress will exempt themselves from it) and the rationing of care due to its cost (yes some will live and other will die due to the economic structure of the plan in its current form). Thus with our economy already in a massive recession, we are going to raise taxes yet again and create even more economic stagnation along with a poor and sickly health care system. The burden that this socialized health care system will place on our economy, gross domestic product and the national debt will be felt for generations to come. All of this because a small minority in our economy do not have health insurance, all of this because liberals wish to insure illegal immigrants in our country and all of this because instead of worrying about realistic new job formation in our economy through the private sector, this administration needs to show the American public their disregard for basic economics.
As I have stated before this socialized health care plan will help to make America more sick. And also will raise your taxes and help to create more unemployment. What a waste...

Tuesday, August 18, 2009

The Health Care Debate Continues

And the current House bills are poor at best and will only make America more sick. Two points which I feel are needed in this debate should be looked at in economic terms. As taxpayers continue to view the excessive amount of federal spending for many "stimulus" program they see the same waste of their monies for a socialized health care plan.
The first area that seems to be lost in this debate is to expand high deductible health insurance so that people who wish to purchase this plan are able to do so. This would provide a safety net for those who just wish to have a basic plan. In conjunction with this there needs to be an expansion not contraction to health savings accounts (HSA). These health savings accounts may provide great incentives for those who wish to manage their health care and will actually lower health care costs for the future due to incentives to stay healthy (although this is misleading as government thrives on collecting sin taxes of all sorts such as tobacco and alcohol).
The second area that needs expansion is the dropping of all boundaries for health insurance companies to sell their plans throughout our country. Health insurance needs to portable. What has been created by governmental bureaucrats is a mess of tangled laws and webs which ultimately hurt the health insurance consumer not help them. These laws need to be repealed immediately. The more competition in health insurance the lower premiums become.
Mr. Obama got it right when he stated that companies like Fed Ex and UPS do a better job than the post office. And he would get it right if he left his socialized health care plan off the table. There are numerous private market solutions to this administrations manufactured crisis which will not bankrupt our country.

Saturday, August 15, 2009

Economic Stimulation In Connecticut?

What is that? Economic stimulation in Connecticut. I see that Connecticut taxpayers get their bone thrown at them this coming week when they do not have to pay sales tax on clothes purchases. By doing this our Legislature feels they are making up for the remaining 51 weeks in the year that they are grossly overtaxing both businesses and individual taxpayers in our state. Economic stimulation could occur in our economy if our Democratic super majority actually cut state spending and cut taxes. By cutting taxes more monies are allowed to flow through our economy and the ultimate net result is greater tax revenues. Higher taxes create economic stagnation and result in lower tax revenues in the state. However this falls on the deaf ears of the Democratic super majority as their only concern is to satisfy their own self interest and inflated egos. In my economic opinion it will be many years before Connecticut recovers from this economic recession we have. We need to start new in Connecticut. New state budgets with low spending along with a slashing of taxes. Then and only then would our state start to move forward and be once again a vibrant economically growing economy. Economic stimulation will never occur with the economically illiterate politicians that we have who are in charge and ruining Connecticut.

Thursday, August 13, 2009

Again Economic Confusion From A Poor Health Care Plan, Pages 197-198

Again economic confusion reigns for our current administration. There has been over $13 trillion dollars worth of wealth lost in our economy since 2008. Now with that amount of wealth lost, our current administration wishes to tax those remaining working and those who are apparently incredibly wealthy earning $350,000 a year or more to help finance a miserably conceived health care plan. Yes your taxes are going to increase dramatically for this socialized health care plan. Here is just one section raising taxes found on pages 197-198 (There are many others)
SEC. 59C. SURCHARGE ON HIGH INCOME INDIVIDUALS.
(a) GENERAL RULE.—In the case of a taxpayer other than a corporation, there is hereby imposed (in addition to any other tax imposed by this subtitle) a tax equal to—
(1) 1 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $350,000 but does not exceed $500,000,
(2) 1.5 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $500,000 but does not exceed $1,000,000, and
(3) 5.4 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $1,000,000.
And this does include all of the new payroll taxes, surtaxes and penalty taxes to help pay for this sickening plan.
And at the same time please remember that Congress has exempted themselves from this plan. Thus those who create economic growth in our economy will be penalized for it. They will be forced to pay an even higher amount of taxes to the point that this group of taxpayers will be bearing almost the entire burden of taxation with relationship to lower income groups. And this administration seeks also to place caps on pay scales which will only further burden those who are prosperous and risk taking in our economy. Economically, the damage from this socialized health care plan will be felt through economic stagnation, excessively high taxes and another grave loss of jobs.
As I have stated before this socialized health care plan will make America sick.

Wednesday, August 12, 2009

Why Is It Unpatriotic To Disagree About Socialized Medicine?

Again why is it unpatriotic to disagree about socialized health care? Since when did we lose our freedom of speech in our country? Why can't we disagree about a 1000+page socialized medicine bill that Congress and Administration are ignorant about nor have not even read? Why must we pay for socialized medicine for those who are here in our country illegally? How are we going to pay for this far reaching and freedom grabbing socialized health care plan besides raising taxes and the national debt? What right does the Federal government have to decide who can live and who can die? What right does the Federal government have to tell parents how to raise their children? What right does the Federal government have to nationalize our insurance companies?
I can only see harm to our health and harm to our economy financially from this socialized health care plan which was thrown together by Congress. It is a bad plan which will ultimately lead to bad results in our economy. America is against socialized health care and will prevail in this fight. This plan makes America sick.

Tuesday, August 11, 2009

No Budget, Not Now, Not Never

It is my budget and I will do what I want with it. Why would anyone think of cutting state spending and actually reduce the budget deficit without raising taxes? After all in your personal budgets if you do have money for something you must either save it or do without. The state Democrats can never do without. There is no need for that as they are above any budget, above any new or greater tax and most importantly above any type of fiscal restraint. Thus our new budget if and when it ever passes will be more of the same; excessively high spending along with excessively high taxes. The final result will again be Connecticut will be one of the last states to get out of the recession, again have an exodus of people and businesses leave the state and have a welfare mentality, Democratic socialist state remaining.
I hope Mr. Donovan and the rest of his leadership are proud of their spoils, their high taxes, their negative business environment and their wasted state they created.

Sunday, August 09, 2009

Where Again Are The New Jobs?

I am lost, where are the new jobs in our economy coming from? I am supposed to believe that the recession is ending since only 275,000 lost their jobs last month not 500,000.
Therefore, where are all of the new jobs coming from in our economy? Or more realistically, how many unemployed people are now not collecting unemployment since their new extended benefits have run out? In my estimate there is an unemployment rate of closer to 16% rather than the approximate 9.4% that is being offered by the government.
And how do we create new jobs in our economy to get these people back to work. It is simple, lower taxes on all private businesses, eliminate the tax on dividends, capital gains and interest and place caps on workers compensation costs and benefits. Government through its recent give away stimulus program has done nothing to create new jobs in our economy. The recession is continuing and for those who are unemployed it will be a long, long road to get a job again due to the anti business administrations that are in Washington and Hartford today. The recession continues on and on. Do not be fooled.

Wednesday, August 05, 2009

Are You Satisfied With Your Health Insurance? I Am.

I am. I am satisfied with the ability to choose through my employers what type of health care plan that I want. I am satisfied that with what I pay for the plan and the different coverages that I receive. I am also healthy. I prefer taking care of myself and am not dependent upon drugs for my well being. I believe in a healthy life style which will help me maintain my good health. You see I can do all of this without the Federal Government rationing my health care coverage. I can take responsibility for my actions and stay healthy without a governmental, inefficient, bureaucrat dictating to me what coverage I can or can not have. Or whether I should be kept alive or be forced to die according to their plans. Health care is not broken in our society much to the dismay of liberals. These same liberals who exempt themselves from the health care plan they are trying to ram down our throats. The majority of Americans and taxpayers do not want socialized health care. The lies we are being fed are ridiculous. Again say no to nationalized health care. A bad plan at a bad time in our economy.

Sunday, August 02, 2009

What Jobs? What Businesses Left?

Here is the overall issue, one is not working and no or little income coming into the home budget. Here in Connecticut the maximum unemployment rate one can receive is $519 a week. Many individuals get that much and as such many employers here in the state, have seen their unemployment tax skyrocket. Thus if you divide 40 hours into $519., you are getting almost $13 an hour for not working for 75 weeks. What incentives does one have to take a job at a lower rate than that? Thus many will take the unemployment for 75 weeks and not worry about it. Why would you take a job for $9 a hour when you can get $13 for not doing anything? How can Connecticut businesses continue to pay a high unemployment tax along with now new corporate tax surcharges and still remain competitive in our economy?
Here in Connecticut the private sector should be referred to as the political sector. We have a bunch of politicians whose only concern is to get reelected with out any type of economic consequence for their miserable and misguided taxes and excessive spending of taxpayers monies. Here is just another example of their economic illiteracy.

Friday, July 31, 2009

The Folly Of Profit Or All Profit Is Bad And Lie With Statistics.

Give it to them. Yeah give it to them. President Obama states in a 7/22/09 press conference "(Health) insurance companies making record profits, right now. At a time when everybody's getting hammered, they're making record profits, and premiums are going up." I have recently read reports that Aetna (who last I knew was a health insurance company) had a 28% drop in profits this past quarter. They have had higher than expected medical claims - probably due to the fear that the public has that their medical coverage will be ruined with the current Obamacare plan (thus they running to get things done) that is being pushed onto the public against their will. How can you state that there is record profits in the industry at this time?
I recently wrote to Congressperson DeLauro expressing my disgust with Obamacare. Part of her canned email response: "Thank you for contacting me regarding health care reform. I appreciate hearing your views on this important issue.
Even for those with coverage, surging health care costs are eating up more and more of the family budget. In the last eight years, the average family premium in Connecticut has gone up 87 percent. That is the cost of doing nothing.
Before the recession, there were 46 million people with no health coverage in the U.S.-326,000 in Connecticut. Now, an estimated 14,000 people nationwide lose coverage every day. In these difficult times, even people who once felt secure are now worried about losing coverage or being unable to afford the care they need. And those who do have coverage are paying more each year for fewer and fewer benefits."

Thus if 46 million are supposedly without coverage then 280 million Americans have coverage of some sort. Or 84% of the country has health coverage and 16% does not. In our state it amounts to less than 8% of the population. Where are the 14,000 who are losing coverage daily? What is the source? What benefits have been cut and from what policies? Does Obamacare limit what lawyers can sue in a malpractice suit which has driven our medical costs through the roof rather than Doctors, insurance companies and pharmaceutical companies?
I continue to be skeptical of the socialized health care and vehemently oppose it. We are being fed lies by a Congress and Administration which has conveniently exempted themselves from this plan. Enough is enough. Just say no to this bill and nationalized health care.

Wednesday, July 29, 2009

Just Say No To Government Run Health Care - Congress Does Not Want It Either

We can all say no to Obamacare, to nationalized, socialized, bureaucratic health care. Congress has already by exempting themselves from it in their bill. So why do we as taxpayers must accept this ill conceived and poor socialistic health care plan? What is the point? This plan will not lower costs, only increase them and increase the national debt. This plan will take away freedom of choice in how you choose both your Doctors and coverage. This plan takes away any element of patient confidentiality as a government czar will have access to your medical records. This plan hinders any type of medical research and medical technology advancements. This plan further increase taxes for anyone who works for a living in our economy. This plan damages businesses by increasing their operating costs to provide health care coverage and will ultimately lead to a loss of jobs. This plan is socialist and goes against everything our country was founded upon.
Yes, we can all say no to this horrible change being forced upon us. Write, call, email your Congressperson today and voice your disgust of this sickening health care plan that they have exempted themselves from.

Tuesday, July 28, 2009

Deal - What Deal? Dodd Does Not Know?

I have to laugh at the debacle of Senator Chris Dodd. New and more damaging information comes out from a Countrywide official that Dodd knew he was getting a sweetheart mortgage deal. Yes he knew according this official. Immediately going further into crisis mode, the Dodd camp continues to deny knowing anything.
Are you really going to believe that? Are taxpayers and voters in Connecticut that stupid that the head of the Senate Banking Committee did not know he was getting a special friends deal? Is he that ignorant of the facts? If he is that ignorant how can he be functioning as our Senator? And as head of the Senate Banking Committee? I can see how Dodd has help to erode our economy in his position.
This debacle has gone on long enough. Why are taxpayers still supporting Dodd? Why is he still our Senator? Why is there no investigation going on here in Connecticut by our public officials who supposedly guard us from these issues (i.e., Attorney Generals Office)? Why not a recall election this year so he can be voted out of office instead of 2010?
Ethics is lacking in Washington, Chris Dodd's actions speak for this. It is time for Dodd to resign.

Saturday, July 25, 2009

And The Debate Rages On And On

And the debate rages on and on, it never seems to end. What more can government give to its people? How much more in new taxes can we charge taxpayers before they give up working? And the debate rages on and on. It is comical to read about Connecticut's budget debacle. They are no closer to resolving lowering spending along with no new taxes than they were in January. But hey who cares? Certainly not the Democratic super majority. They have other things to worry about, like showing the voting public everything they have done for them. Huh?
Equally comically is the debacle in Washington where we see Chris Dodd everywhere again (I guess the thought of losing his power is freighting to him and his family), a debacle of a health care bill which in my opinion economically will bankrupt our country and last but not least a cap and trade bill which should a boom for Al Gore and his new company.
And the debate rages with a new Congress being elected in 2010 and hopefully actual representation for those who work for a living coming into being again. Hopefully the Dodds, the Schumers, the Franks will all be gone in 2010 and we can see change occur once again. Hope is on the horizon.

Saturday, July 18, 2009

Economic Depression = Nationalized Health Care

Sorry Larry Summers, economic depression equals nationalized health care. You can Google it if you want. I will try it. Keep spinning a $20 trillion dollar national debt that your administration is creating through a failed economic stimulus package. Throw in a massive tax increase during your economic depression to pay for a miserably conceived, irrational, nationalized health care package (in a bill that again will not be read by those in Congress voting on it). You have an economic depression. It is your administration's making due to reckless, out of control spending and tax increases.
Liberals and especially liberal economists just do not understand that by throwing money at everything along with higher taxes does not solve anything economically. It did not solve the FDR depression nor did the LBJ Great Society social welfare spending program solve anything. Three economic programs by this administration, the stimulus that is not working, cap and trade which will raise taxes and benefit Al Gore's new company and a horrific health care program which will ultimately lead to rationing of health care will help us to national economic ruin.
The free markets need to exist in order for our economy to get moving again. Poorly managed companies like GM and AIG needed to go bankrupt and the self correcting mechanisms of capitalism needed to be operating. Lowering taxes will do more to get people back to work than meaningless, taxpayer funded, work programs.
Sorry in my economics text economic depression does equal nationalized health care.

Tuesday, July 14, 2009

How Does An Administration Misread The Economy?

How does an administration misread the economy? I am curious by the statement made by the Vice President. After all I thought the media glorified all of the economic advisors picked by this administration especially the Treasury Secretary (who obviously can not be bothered by paying taxes). I thought that according to the administration, the massive, unread stimulus package was supposed to create $1.50 in economic growth for each $1 spent. Anyone taking my basic economic classes would understand that this is not possible economically. Government at any level does not create economic growth nor does it create jobs which are economical to the taxpayer.
Taxpayers may now see the economic stimulus bill as what it really was, a way to create political leverage, payouts and pork along with a massive increase in the national debt. And with a net result of no new jobs, little if any economic growth and massive increases in taxes for the long run. The private sector is much better suited to create jobs not a massive pork stimulus bill. Again I ask, how does an administration misread the economy?

Sunday, July 12, 2009

How Will Jobs Be Created In Our Economy?

I wonder, how will jobs be created in our economy in the future? I wonder what industries will be able to overcome massive governmental intervention in the future and be able to create jobs? I wonder why we have this massive amount of liberal, socialistic intervention in our economy over the past six months and see absolutely no improvement in our economy especially when it comes to jobs?
Economic lies are being spun in my economic opinion. Our federal government can not spend its way out of our current recession nor can it create jobs, nor can monies trickle up in our economy. A wiser economic stimulus package could have been to lower tax rates, eliminate the tax on dividends, interest and capital gains and to really cut governmental spending. In our current recession millions of taxpayers are forced to cut their spending, thus why can not government at all levels cut theirs?
Again I ask the question, how will jobs be created in our economy in the future? They will not be created with excessive taxes, excessive costs for energy, a socialistic health care plan and a $15 trillion dollar national debt. Our current Administration along with our current Congress are truly economically lost except for their own personal financial gain that they are able to manipulate on the backs of taxpayers.

Wednesday, July 08, 2009

A Sensible Connecticut Budget

Can there be a sensible Connecticut budget that does not include raising taxes and forcing more business and industry to move out of our state? I do not know the answer to this issue. I do know that taxpayers in Connecticut have had enough of the smoke screens thrown by the super majority Democrats in Hartford. It becomes boring each and every fiscal year to hear the same stale arguments that no spending can be cut, but only taxes can be raised in order to keep up our fiscal irresponsibility as a government.
If anything, the Democrats could have taken a leadership role by atcually cutting spending and cutting taxes in order to stimulate the economy. They choose only to continue to stimulate their political self interest and self gain abiding by no set of ethics or reagrd for the people they supposidly represent. Sadly, we will have a misguided budget with high taxes and misplaced priorities. Another non sensible budget. How boring.

Saturday, July 04, 2009

Happy 4th of July and Thank you

Happy 4th of July-
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.

Thank you to the following 56 brave men who helped to secure our freedom:
God Bless America.


Button Gwinnett
Lyman Hall
George Walton
William Hooper
Joseph Hewes
John Penn
Edward Rutledge
Thomas Heyward, Jr.
Thomas Lynch, Jr.
Arthur Middleton
John Hancock
Samuel Chase
William Paca
Thomas Stone
Charles Carroll
George Wythe
Richard Henry Lee
Thomas Jefferson
Benjamin Harrison
Thomas Nelson, Jr.
Francis Lightfoot Lee
Carter Braxton
Robert Morris
Benjamin Rush
Benjamin Franklin
John Morton
George Clymer
James Smith
George Taylor
James Wilson
George Ross
Caesar Rodney
George Read
Thomas McKean
William Floyd
Philip Livingston
Francis Lewis
Lewis Morris
Richard Stockton
John Witherspoon
Francis Hopkinson
John Hart
Josiah Bartlett
William Whipple
Samuel Adams
John Adams
Robert Treat Paine
Elbridge Gerry
Stephen Hopkins
William Ellery
Roger Sherman
Samuel Huntington
William Williams
Oliver Wolcott
Matthew Thornton