The Connecticut Legislature fascinates me. To me it is a group of individuals working on a supposed part time basis that get together each year and submits hundreds of bills many symbolic and many taking away personal freedoms in the state. These bills range from the ridiculous as seen in licensing cats to get revenue, placing a tax on plastic shopping bags, new tolls, a tax on how many miles you drive in the state, making Connecticut a "Sanctuary State" and to tax a large can or bottle of soda. These bills get media attention while the underlying economic issues continue to be ignored. And ignored. And ignored even more. While Connecticut's politically connected continue to be pampered in their excesses.
For example what is the plan to address the pension crisis? The current negotiated settlement does not do anything to limit the growth in pensions nor properly fund them. It kicks down the road addressing the issue to 2032, when most of our elected officials will comfortably be collecting their bloated pensions and benefits out-of-state.
Another example is the addressing of Connecticut's short and long term debt along with its unfunded liabilities-what is the plan? From what we see in this legislative session there is not much talk about it as all state union contracts seem to be safe. As a taxpayer I wonder why the Legislature can not vote on every contract that comes up for both bargaining and non bargaining unit state employees? After all aren't state taxpayers paying for their salaries and benefits? By not voting on these contracts it represents to me the lack of respect that is shown to the Connecticut Taxpayers. The respect is only shown to those individual workers who have great political ties and influence in the state.
Why are state Judges afforded a full pension after a few years of service? What makes them so special and why? How does the state afford this? Why is this considered essential?
Why can state employees supposedly work massive levels of overtime in their last three years of employment to boost their pensions? And in some cases add their mileage reimbursements amounts to their final pension benefits?
The Connecticut Legislatures solution to our economic crisis seems to be more of the same, new and higher taxes. The same stale talk about cutting spending for those truly in need while increasing salaries and benefits for those politically connected. The same rhetoric.
In 2017 I really expected to see some realistic solutions to cutting spending, salaries and benefits along with pensions by the Connecticut Legislature. Instead I see the same meaningless pomposity that defines the Connecticut Legislature.
It is time to take back Connecticut in 2018.
Saturday, January 28, 2017
Saturday, January 21, 2017
Connecticut Lacks Leadership-The Emptiness of the State Capitol
The State of Connecticut lacks leadership. It has lacked leadership for many years now. Our current Governor has traveled all over the country throughout his terms bashing all things conservative and Republican. He claims to be the voice and supposed leader of the Democrat Governors Association and is able to travel the country and do his dirty work. He was at the President Trump inauguration stating it will be a "signal that we are not going away." If only he could do the remaining Connecticut Taxpayers a real favor and leave Connecticut permanently. And his reign of economic destruction would mercifully end for Connecticut Taxpayers. Why does he have so many problems in leading Connecticut? It is because he realizes that his Democrat tax and spend policies have failed the state and have left it in a wretched economic position? Connecticut is last or near last in all economic categories-why? The reason is his policies.
Connecticut lacks leadership. It lacks political ethics from top to bottom in our state capitol. We have a state capitol filled with ineptness and political cronyism. We have a state capitol filled with unqualified political appointments that receive excessive salaries, benefits and pensions. We have a state capitol filled with a lack of economic reality since the only concerns of state government is to provide for an appeasement, placation and constant concessions to prop up and please the state labor unions. Connecticut Taxpayers fund this entire economic debacle day in and day out.
Connecticut lacks leadership. Our two United States Senators can never have enough ego gratification and offer only rhetoric to problems while constantly bashing all things Republican. I am sure Senators Blumenthal and Murphy will been seen daily in front of Connecticut's media assailing and condemning President Trump, his cabinet and his policies.
Connecticut has massive economic problems. It is virtually bankrupt with bloated state salaries, benefits and pensions that do not seem to be abating in the future. It has to borrow money for its day to day expenses. Its short and long term debt and unfunded liabilities are $60 to $80 billion dollars.
Thus what is the solution? Our current legislature is predictable. For all Connecticut Taxpayers hear about are new and higher taxes through the forms of tolls for its highway and bridge system that is currently in third world condition, higher income taxes and even more new trivial taxes. It is the only policy that the Connecticut Democrat Party in conjunction with the state labor unions know of. Make Connecticut Taxpayers pay for their excesses.
I suggest that Governor Malloy resigns. I know he will not. But I as a Connecticut Taxpayer and life long resident of this state see no economic future in a state that has been so mismanaged for so many years. It is a leadership void that I really do not know if it will ever end. To me Connecticut has become a political playground that funds deception, discrimination, partisanship, and unethical behaviors that Connecticut taxpayers must accept as the norm and truth. It what our Connecticut elected officials want us to believe that their lies are the truth and truth is a big lie.
The State of Connecticut lacks leadership. The State Capitol is vacuum of economic waste.
It is time to take back Connecticut in 2018.
Connecticut lacks leadership. It lacks political ethics from top to bottom in our state capitol. We have a state capitol filled with ineptness and political cronyism. We have a state capitol filled with unqualified political appointments that receive excessive salaries, benefits and pensions. We have a state capitol filled with a lack of economic reality since the only concerns of state government is to provide for an appeasement, placation and constant concessions to prop up and please the state labor unions. Connecticut Taxpayers fund this entire economic debacle day in and day out.
Connecticut lacks leadership. Our two United States Senators can never have enough ego gratification and offer only rhetoric to problems while constantly bashing all things Republican. I am sure Senators Blumenthal and Murphy will been seen daily in front of Connecticut's media assailing and condemning President Trump, his cabinet and his policies.
Connecticut has massive economic problems. It is virtually bankrupt with bloated state salaries, benefits and pensions that do not seem to be abating in the future. It has to borrow money for its day to day expenses. Its short and long term debt and unfunded liabilities are $60 to $80 billion dollars.
Thus what is the solution? Our current legislature is predictable. For all Connecticut Taxpayers hear about are new and higher taxes through the forms of tolls for its highway and bridge system that is currently in third world condition, higher income taxes and even more new trivial taxes. It is the only policy that the Connecticut Democrat Party in conjunction with the state labor unions know of. Make Connecticut Taxpayers pay for their excesses.
I suggest that Governor Malloy resigns. I know he will not. But I as a Connecticut Taxpayer and life long resident of this state see no economic future in a state that has been so mismanaged for so many years. It is a leadership void that I really do not know if it will ever end. To me Connecticut has become a political playground that funds deception, discrimination, partisanship, and unethical behaviors that Connecticut taxpayers must accept as the norm and truth. It what our Connecticut elected officials want us to believe that their lies are the truth and truth is a big lie.
The State of Connecticut lacks leadership. The State Capitol is vacuum of economic waste.
It is time to take back Connecticut in 2018.
Saturday, January 14, 2017
Connecticut and its Deficit
No the Connecticut state budget deficit has not gone away. Nor will it likely go away in 2017 or 2018. Approximately 40% and more of the state budget goes to state employees benefits and salaries and debt interest payments in 2017. For state that has a population of 3,587,860 it has short and long term debt obligations of $60 to $80 billion dollars. These are not new figures nor should they be surprising. State government is a tool of the politically connected. If you are politically connected you are able to procure a state job that allows you a high salary along with high benefits with a pension that is unsurpassed in the real economic world (of which Connecticut state government is not part of). Just look at the deals recently made between two Senators and a Representative. Add to the mix a total lack of accountability in the job and you have a taxpayer funded totally ineffective and bloated state government that in reality does little to represent its citizens.
How did Connecticut end up with this deficit? Years and years of inflated and needless programs, projects and employees have taken a toll on the state. $4 billion dollars of tax increases has not even put a dent into the never ending deficit. The Utopian State Income Tax, a tool of tyranny, did little to solve any deficit problems.
And the solutions presented by state departments to address cuts in their budgets naturally tries to impact as much pain on those who need their services the most. Taxpayers must accept these supposed solutions while the same state workers who offer them in some cases do not contribute a penny to their pensions and will never take a pay cut or a cut in their benefits. Those in need remain in need while our state government laughs at them. Just like serfs in a serfdom. Politics as usual.
What is the solution? Real reform. Cuts in salaries, pensions and benefits. It is a simple process. In private industry it is a real solution. In Connecticut state government it is a fantasy.
Connecticut Taxpayers need to say no to our current government. Republicans need to become more vocal and offer solutions by leading by example. Not by cutting deals that still protect their political elite. And Dan Malloy should resign as he has done little other than run Connecticut into the ground with his non conservative failed economic policies of higher taxes to infinity.
No the Connecticut state budget deficit has not gone away. Nor will it likely go away in 2017 or 2018. The legislature if it is truly a governing body needs to resolve it today. Their excuses have grown stale.
How did Connecticut end up with this deficit? Years and years of inflated and needless programs, projects and employees have taken a toll on the state. $4 billion dollars of tax increases has not even put a dent into the never ending deficit. The Utopian State Income Tax, a tool of tyranny, did little to solve any deficit problems.
And the solutions presented by state departments to address cuts in their budgets naturally tries to impact as much pain on those who need their services the most. Taxpayers must accept these supposed solutions while the same state workers who offer them in some cases do not contribute a penny to their pensions and will never take a pay cut or a cut in their benefits. Those in need remain in need while our state government laughs at them. Just like serfs in a serfdom. Politics as usual.
What is the solution? Real reform. Cuts in salaries, pensions and benefits. It is a simple process. In private industry it is a real solution. In Connecticut state government it is a fantasy.
Connecticut Taxpayers need to say no to our current government. Republicans need to become more vocal and offer solutions by leading by example. Not by cutting deals that still protect their political elite. And Dan Malloy should resign as he has done little other than run Connecticut into the ground with his non conservative failed economic policies of higher taxes to infinity.
No the Connecticut state budget deficit has not gone away. Nor will it likely go away in 2017 or 2018. The legislature if it is truly a governing body needs to resolve it today. Their excuses have grown stale.
Saturday, January 07, 2017
Tired of being a Connecticut State Representative or State Senator?
Tired of being a Connecticut State Representative or State Senator?
Just get elected. Then need more cash and a pension?
Not to worry just cut a deal and your troubles are over.
No more financials worries for these three former State Representative and Senators.
Former State Representative Stephen Dargan, D-West Haven scored himself a mere $92,500 payoff in his new job in the State Board of Pardons. Mr. Dargan was now able to triple his former salary and more importantly dramatically increase his lifetime pension.
Former State Senator Rob Kane, R-Waterford scored himself an even better position than Dargan becoming a Republican state auditor for a mere $150,000 a year. Mr. Kane was now able to quintuple his former salary and more importantly dramatically increase his lifetime pension.
Former State Senator Eric Coleman, D-Bloomfield scored himself an even better position than Kane becoming a Judge for a mere $168,000 a year and only has to work five years before mandatory retirement. Mr. Coleman was now able to more than quintuple his former salary and more importantly dramatically increase his lifetime pension.
Entitlements for our elected and appointed officials here in Connecticut.
What fiscal crisis? Not for these three men who place their political self interest above the good of the state. After they are entitled to it. Politics for pay seems to be their game and the game of all of our elected officials.
All at the expense of the remaining Connecticut Taxpayers left here in Connecticut.
There is no pension crisis in Connecticut unless you are not an employee of the State.
Reform of Connecticut's pension system. All talk-no action.
Want a plan to correct it? Kick it down the road to 2032.
This is yet another example of Connecticut's horrifically and fiscally inept government in action.
It is time to take back Connecticut in 2018.
Just get elected. Then need more cash and a pension?
Not to worry just cut a deal and your troubles are over.
No more financials worries for these three former State Representative and Senators.
Former State Representative Stephen Dargan, D-West Haven scored himself a mere $92,500 payoff in his new job in the State Board of Pardons. Mr. Dargan was now able to triple his former salary and more importantly dramatically increase his lifetime pension.
Former State Senator Rob Kane, R-Waterford scored himself an even better position than Dargan becoming a Republican state auditor for a mere $150,000 a year. Mr. Kane was now able to quintuple his former salary and more importantly dramatically increase his lifetime pension.
Former State Senator Eric Coleman, D-Bloomfield scored himself an even better position than Kane becoming a Judge for a mere $168,000 a year and only has to work five years before mandatory retirement. Mr. Coleman was now able to more than quintuple his former salary and more importantly dramatically increase his lifetime pension.
Entitlements for our elected and appointed officials here in Connecticut.
What fiscal crisis? Not for these three men who place their political self interest above the good of the state. After they are entitled to it. Politics for pay seems to be their game and the game of all of our elected officials.
All at the expense of the remaining Connecticut Taxpayers left here in Connecticut.
There is no pension crisis in Connecticut unless you are not an employee of the State.
Reform of Connecticut's pension system. All talk-no action.
Want a plan to correct it? Kick it down the road to 2032.
This is yet another example of Connecticut's horrifically and fiscally inept government in action.
It is time to take back Connecticut in 2018.
Sunday, January 01, 2017
Connecticut's Economy 2017
Happy New Year.
It is now 2017. A great deal has changed in Connecticut in the past year. The Connecticut Democrat Party lost a great deal of seats in the State House and Senate in this past election. The Senate is now evenly divided 18-18 however the Democrat Lieutenant Governor holds the tie breaking vote thus one can view it as a one vote Democrat majority. In the House the Democrats hold a 79-72 majority however the Democrats have lost 35 seats in the past four elections. The Democrat majority in my opinion will end in 2018 in all areas of Connecticut's Legislature.
2017 represents another year of economic problems with Connecticut's bloated state budget and government. The sacred political patronage system is under fire as excessively high salaries, benefits and pensions for both management and union workers are being seen finally as an economic problem in paying for them each year and in the future. I will remind everyone that Connecticut's short and long term debt is about $60 to $80 billion dollars with absolutely no plan to address it by either side of the political aisle. We will hear the constant rhetoric of trying to do something but I am confident that nothing will be done and 2018 will start off will another $1 to $2 billion dollars budget deficit like the $1.5 billion dollar deficit we have today in 2017. What is the plan to address the deficit? Yet more and higher taxes? To drive more businesses out of state? Why are management pension so high? Why do 25% of those receiving a state pension contribute nothing-zero to their pensions? Why is the State Legislature so generous with Connecticut's remaining taxpayers monies to give it away like this? And then tell Veterans that they no longer can have a military presence at their funerals?
This is the true economic problem of Connecticut's government. It is only worried about protecting those who are hand picked for their highly paid, high benefit and pension, non preforming jobs. The jobs that they need not be held accountable for in any way shape or form. It has helped ruin Connecticut economically.
I will continue my quest to educate my readers and voters of Connecticut that we need a change in our state government. We need to hold all elected and non elected officials accountable for their economic actions. We need to bombard our Representatives and Senators with phone calls, letters, emails and question why they are making such poor decisions for our state. It needs to start today.
Debt is cancer for our state. The disposal and disregard of those most needy in our state is a shameless political act that has grown stale. Enough is enough.
It Is Time To Take Back Connecticut In 2018.
It is now 2017. A great deal has changed in Connecticut in the past year. The Connecticut Democrat Party lost a great deal of seats in the State House and Senate in this past election. The Senate is now evenly divided 18-18 however the Democrat Lieutenant Governor holds the tie breaking vote thus one can view it as a one vote Democrat majority. In the House the Democrats hold a 79-72 majority however the Democrats have lost 35 seats in the past four elections. The Democrat majority in my opinion will end in 2018 in all areas of Connecticut's Legislature.
2017 represents another year of economic problems with Connecticut's bloated state budget and government. The sacred political patronage system is under fire as excessively high salaries, benefits and pensions for both management and union workers are being seen finally as an economic problem in paying for them each year and in the future. I will remind everyone that Connecticut's short and long term debt is about $60 to $80 billion dollars with absolutely no plan to address it by either side of the political aisle. We will hear the constant rhetoric of trying to do something but I am confident that nothing will be done and 2018 will start off will another $1 to $2 billion dollars budget deficit like the $1.5 billion dollar deficit we have today in 2017. What is the plan to address the deficit? Yet more and higher taxes? To drive more businesses out of state? Why are management pension so high? Why do 25% of those receiving a state pension contribute nothing-zero to their pensions? Why is the State Legislature so generous with Connecticut's remaining taxpayers monies to give it away like this? And then tell Veterans that they no longer can have a military presence at their funerals?
This is the true economic problem of Connecticut's government. It is only worried about protecting those who are hand picked for their highly paid, high benefit and pension, non preforming jobs. The jobs that they need not be held accountable for in any way shape or form. It has helped ruin Connecticut economically.
I will continue my quest to educate my readers and voters of Connecticut that we need a change in our state government. We need to hold all elected and non elected officials accountable for their economic actions. We need to bombard our Representatives and Senators with phone calls, letters, emails and question why they are making such poor decisions for our state. It needs to start today.
Debt is cancer for our state. The disposal and disregard of those most needy in our state is a shameless political act that has grown stale. Enough is enough.
It Is Time To Take Back Connecticut In 2018.
Sunday, December 18, 2016
Swick's Final Thoughts on 2016
This will be my last column for 2016. I will be back with a special New Years Day column in 2017.
A great deal has occurred in 2016. We have a new President Trump and Vice President Pence. We have seen the beginning of the end for the Clinton dynasty. In Connecticut voters continue their rejection of the Connecticut Democrat Party and their irrational economic tax and spend policies. Connecticut continues to lose many businesses and continues to have a net migration of population out of Connecticut. Connecticut continues to rank near last in most economic categories in 2016. The state's pension system is an economic debacle broke with a ridiculous proposal currently to push to 2032 the bulk of its debt. It was a year of the same stale economic rhetoric from Hartford's Omnipotent One Party Rule which mercifully is day by day losing its grip on power in Hartford. The City of Hartford continues is economic decline with a brand new baseball stadium in disrepair with no games being played there along with the push for a "regional" sales tax to bail them out. More of the same in Hartford. There was the usual mix of Connecticut political corruption that just never seems to end.
Dan Malloy will continue as the Head of the Governors Association shaking down donors who will demand better results than what they got in this past election and spending the bulk of his time out of Connecticut in hope of getting a new job when does not get re elected in 2018. The hope is once again that in 2018 the Republicans will prevail in taking control of the State House and complete control of the State Senate rather the current split 18-18. And more importantly win the Governorship with a conservative candidate like Peter Lumaj in the upcoming election.
I also think about the hundreds of million of dollars that was spent in this last campaign. Think about all of the people who could have been helped, the poor, the sick, college loans, etc. with it rather where it went, in the pockets of overpaid political consultants, a biased media and pollsters who have no clue what is going on in our country. Also think about all of the money that is in the Clinton Foundation that does not get spent on "charitable" endeavors.
Thus we will be entering 2017 with a new found hope in a new and dynamic President Trump and Vice President Pence who have already shaken up Washington and its stale political process. We know the liberal media will each day condemn him however it looks like he will be ignoring them and take his messages directly to the citizens and taxpayers of our country. What a refreshing thought for America. In my economic opinion when all is said and done America will have entered a great period of economic growth and prosperity and our future will look great again.
I wish to thank all of my loyal readers who both and agree and disagree with my writings and thoughts. I wish to also thank Capitol Report 2016 for being on their "The List" of columnists. Without you this column does not exist. I have always wanted what is best for my town of Wallingford, for Connecticut and for the United States of America whether you agree with me or not. It can only be achieved through economic growth and prosperity, a belief in spirituality, through productive and fair employment, through self reliance not reliance on an ineffective government and through a desire to see all in our country be successful and in good health.
Happy Hanukkah.
Merry Christmas.
Happy New Year.
Thank You.
See you next year.
A great deal has occurred in 2016. We have a new President Trump and Vice President Pence. We have seen the beginning of the end for the Clinton dynasty. In Connecticut voters continue their rejection of the Connecticut Democrat Party and their irrational economic tax and spend policies. Connecticut continues to lose many businesses and continues to have a net migration of population out of Connecticut. Connecticut continues to rank near last in most economic categories in 2016. The state's pension system is an economic debacle broke with a ridiculous proposal currently to push to 2032 the bulk of its debt. It was a year of the same stale economic rhetoric from Hartford's Omnipotent One Party Rule which mercifully is day by day losing its grip on power in Hartford. The City of Hartford continues is economic decline with a brand new baseball stadium in disrepair with no games being played there along with the push for a "regional" sales tax to bail them out. More of the same in Hartford. There was the usual mix of Connecticut political corruption that just never seems to end.
Dan Malloy will continue as the Head of the Governors Association shaking down donors who will demand better results than what they got in this past election and spending the bulk of his time out of Connecticut in hope of getting a new job when does not get re elected in 2018. The hope is once again that in 2018 the Republicans will prevail in taking control of the State House and complete control of the State Senate rather the current split 18-18. And more importantly win the Governorship with a conservative candidate like Peter Lumaj in the upcoming election.
I also think about the hundreds of million of dollars that was spent in this last campaign. Think about all of the people who could have been helped, the poor, the sick, college loans, etc. with it rather where it went, in the pockets of overpaid political consultants, a biased media and pollsters who have no clue what is going on in our country. Also think about all of the money that is in the Clinton Foundation that does not get spent on "charitable" endeavors.
Thus we will be entering 2017 with a new found hope in a new and dynamic President Trump and Vice President Pence who have already shaken up Washington and its stale political process. We know the liberal media will each day condemn him however it looks like he will be ignoring them and take his messages directly to the citizens and taxpayers of our country. What a refreshing thought for America. In my economic opinion when all is said and done America will have entered a great period of economic growth and prosperity and our future will look great again.
I wish to thank all of my loyal readers who both and agree and disagree with my writings and thoughts. I wish to also thank Capitol Report 2016 for being on their "The List" of columnists. Without you this column does not exist. I have always wanted what is best for my town of Wallingford, for Connecticut and for the United States of America whether you agree with me or not. It can only be achieved through economic growth and prosperity, a belief in spirituality, through productive and fair employment, through self reliance not reliance on an ineffective government and through a desire to see all in our country be successful and in good health.
Happy Hanukkah.
Merry Christmas.
Happy New Year.
Thank You.
See you next year.
Saturday, December 10, 2016
Connecticut's Continuing Pension Crisis
Connecticut's traveling Governor Dan Malloy never ceases to amaze me with his economic illiteracy and irrational and costly economic plans. The newest piece of economic garbage comes in the form of addressing Connecticut's pension crisis. Connecticut's pension funds are severely underfunded and in many cases former state employees are able to able add their overtime, mileage costs, etc. to their final pension amounts. Thus Connecticut's pensions are broke with taxpayers footing the bill.
This new Malloy plan that does nothing to increase workers contribution levels nor cut back on pension payouts. About 25% of all state employees contribute nothing toward their pension benefit. Most others pay 2%. For comparison purposes 7% is the national average of contribution. The beauty of Connecticut's political spoils system is that Connecticut taxpayers must be forced to pay incredibly large pensions to non union state managers, commissioners, judges, state elected officials who in most cases do not contribute a penny to their lifetime payout. This is not addressed in Malloy's proposal. Nor what is addressed is why the actual pension liabilities have been pushed down the road to 2032 a time when most Connecticut's political elite will be receiving their pensions in a low taxed state like Florida. The complexity of this proposal astounds as me as I (as an economist) am having trouble as to how explain it. It looks like the state will increase its funding somewhat to their pension liability in the hope that their rate of return will increase. If it does not increase then most of the debt will be pushed back to 2032 and at that time some new plan will be presented.
My plan is simple. All 25% of those state employees who do not contribute to their pension will now start to contribute 7% of their income from dollar one with no cap. Their pensions would be capped at a 30% level of highest income. This is still generous. The other state employees who now only contribute 2% of their incomes would see an increase to 7%, all new state employees would be placed in a self funded retirement plan. All life time medical benefits would end for any state employee just retiring, they can either be offered the state exchange health care plan or a similar type of Medicare plan that we in the private sector must accept.
Remember Connecticut is broke. It ranks last in pension unfunded liabilities. It has run out of ways to tax its remaining citizens. Connecticut taxpayers need not fund a lifetime of excesses for those who have political connections in Hartford. It is time to take back Connecticut's bloated pensions.
This new Malloy plan that does nothing to increase workers contribution levels nor cut back on pension payouts. About 25% of all state employees contribute nothing toward their pension benefit. Most others pay 2%. For comparison purposes 7% is the national average of contribution. The beauty of Connecticut's political spoils system is that Connecticut taxpayers must be forced to pay incredibly large pensions to non union state managers, commissioners, judges, state elected officials who in most cases do not contribute a penny to their lifetime payout. This is not addressed in Malloy's proposal. Nor what is addressed is why the actual pension liabilities have been pushed down the road to 2032 a time when most Connecticut's political elite will be receiving their pensions in a low taxed state like Florida. The complexity of this proposal astounds as me as I (as an economist) am having trouble as to how explain it. It looks like the state will increase its funding somewhat to their pension liability in the hope that their rate of return will increase. If it does not increase then most of the debt will be pushed back to 2032 and at that time some new plan will be presented.
My plan is simple. All 25% of those state employees who do not contribute to their pension will now start to contribute 7% of their income from dollar one with no cap. Their pensions would be capped at a 30% level of highest income. This is still generous. The other state employees who now only contribute 2% of their incomes would see an increase to 7%, all new state employees would be placed in a self funded retirement plan. All life time medical benefits would end for any state employee just retiring, they can either be offered the state exchange health care plan or a similar type of Medicare plan that we in the private sector must accept.
Remember Connecticut is broke. It ranks last in pension unfunded liabilities. It has run out of ways to tax its remaining citizens. Connecticut taxpayers need not fund a lifetime of excesses for those who have political connections in Hartford. It is time to take back Connecticut's bloated pensions.
Saturday, December 03, 2016
Connecticut's Never Ending Fiscal Crisis. Connecticut's Bloated Pensions.
It is funny that Connecticut's fiscal crisis never ends. It continues unabated day in day out, year in and year out. New and higher taxes for many years now has not solved the state's continuous budget deficit. State spending continues to keep going up. More and more fiscal line items magically drop off the state budget and become off budget items. Excessively high salaries, benefits and pensions are embraced and never cut back.
Thus you have short and long term debt along with unfunded liabilities that have put Connecticut's debt at $60 to $80 Billion dollars. With no plan whatsoever to pay this off. Each Connecticut taxpayer owes over $13,250 on this debt. What is the plan to pay this off or cut spending?
Connecticut's out-of-control spending was casually mentioned in this past election. In a political miracle the State Senate is now evenly split between the Omnipotent Tax and Spend Democrats and the Republicans 18 to 18 with Democrat Lieutenant Governor Wyman casting the politically expedient tie braking vote. The Democrats continue to lose seats in the State House and hold a small majority at this time.
Connecticut has one of the most bloated pension systems in the country that is horrifically underfunded. Most Connecticut Taxpayers can only dream of getting a lifetime of a $100,000 plus a year pension along with virtually free medical benefits that they see many former state employees get. These same Connecticut Taxpayers must be satisfied with their meager Social Security benefits that they have paid for all their lives. They can not work for three years as a Judge and then be eligible for a lifetime state taxpayer funded pension. They can not add their mileage expense to increase their lifetime state taxpayer funded pension. They can not add their unused sick time (what is that anyways?) to their lifetime state taxpayer funded pension. They can not be like Connecticut Senator Blumenthal and his lifetime state taxpayer funded pension of over $50,000 a year due to his reign of economic terror as State Attorney General. Blumenthal by the way is worth over $105 Million dollars. Does he still really need that lifetime state taxpayer funded pension and could he go without it and help the state in its time of fiscal need? Of course he will get every penny out of state taxpayers that he feels he so richly deserves.
It is a sickening excess that Connecticut Taxpayers must pay for year in and year out.
Connecticut Taxpayers have had enough.
Connecticut continues to be a vast economic wasteland whose elected officials only concern is their financial gain. It is proven time and time again.
Reform Connecticut's bloated public pension system today. Find real budget cuts that cut the waste and bloated nature of Connecticut's government.
Thus you have short and long term debt along with unfunded liabilities that have put Connecticut's debt at $60 to $80 Billion dollars. With no plan whatsoever to pay this off. Each Connecticut taxpayer owes over $13,250 on this debt. What is the plan to pay this off or cut spending?
Connecticut's out-of-control spending was casually mentioned in this past election. In a political miracle the State Senate is now evenly split between the Omnipotent Tax and Spend Democrats and the Republicans 18 to 18 with Democrat Lieutenant Governor Wyman casting the politically expedient tie braking vote. The Democrats continue to lose seats in the State House and hold a small majority at this time.
Connecticut has one of the most bloated pension systems in the country that is horrifically underfunded. Most Connecticut Taxpayers can only dream of getting a lifetime of a $100,000 plus a year pension along with virtually free medical benefits that they see many former state employees get. These same Connecticut Taxpayers must be satisfied with their meager Social Security benefits that they have paid for all their lives. They can not work for three years as a Judge and then be eligible for a lifetime state taxpayer funded pension. They can not add their mileage expense to increase their lifetime state taxpayer funded pension. They can not add their unused sick time (what is that anyways?) to their lifetime state taxpayer funded pension. They can not be like Connecticut Senator Blumenthal and his lifetime state taxpayer funded pension of over $50,000 a year due to his reign of economic terror as State Attorney General. Blumenthal by the way is worth over $105 Million dollars. Does he still really need that lifetime state taxpayer funded pension and could he go without it and help the state in its time of fiscal need? Of course he will get every penny out of state taxpayers that he feels he so richly deserves.
It is a sickening excess that Connecticut Taxpayers must pay for year in and year out.
Connecticut Taxpayers have had enough.
Connecticut continues to be a vast economic wasteland whose elected officials only concern is their financial gain. It is proven time and time again.
Reform Connecticut's bloated public pension system today. Find real budget cuts that cut the waste and bloated nature of Connecticut's government.
Thursday, November 24, 2016
Have a Happy and Blessed Thanksgiving.
To all of my loyal readers:
Have a Happy and Blessed Thanksgiving.
We will Take Back Connecticut in 2018, rest assured.
I leave you with this powerful Psalm today.
Psalm 145:1-7
I will exalt you, my God the King; I will praise your name for ever and ever. Every day I will praise you and extol your name for ever and ever. Great is the Lord and most worthy of praise; his greatness no one can fathom. One generation commends your works to another; they tell of your mighty acts. They speak of the glorious splendor of your majesty—and I will meditate on your wonderful works. They tell of the power of your awesome works—and I will proclaim your great deeds. They will celebrate your abundant goodness and joyfully sing of your righteousness.
Have a Happy and Blessed Thanksgiving.
We will Take Back Connecticut in 2018, rest assured.
I leave you with this powerful Psalm today.
Psalm 145:1-7
I will exalt you, my God the King; I will praise your name for ever and ever. Every day I will praise you and extol your name for ever and ever. Great is the Lord and most worthy of praise; his greatness no one can fathom. One generation commends your works to another; they tell of your mighty acts. They speak of the glorious splendor of your majesty—and I will meditate on your wonderful works. They tell of the power of your awesome works—and I will proclaim your great deeds. They will celebrate your abundant goodness and joyfully sing of your righteousness.
Saturday, November 19, 2016
$129,065.28 State Pension. Not Bad When You Are Broke.
William Cibes was a public employee for many years being supported by Connecticut Taxpayers. Connecticut has short and long term debt of about $60 to $80 Billion dollars. How does this relate to Connecticut's massive debt? Well Cibes was the Secretary of the Office of Policy and Management under Gov.
Lowell P. Weicker, Jr., from 1991 to 1994 and then amazingly enough became the Chancellor of the Connecticut
State University System from 1994 to 2006. He also served in the Connecticut
General Assembly from 1979 to 1991. He was a leading proponent of the Weicker driven Utopian State Income Tax that was supposed to resolve all of Connecticut's fiscal problems. Cibes short stay as a one term Secretary of Office of Policy and Management was then rewarded with becoming the Chancellor of the then Connecticut State University System. Cibes is now co-chairman of the Connecticut’s Spending Cap Commission which is my opinion a political tool allowing Cibes to proclaim that Connecticut's spending is not out-of-control nor has the state income tax contributed to the long decline of Connecticut's economy. Cibes state pension is a mere $129,065.28 a year that Connecticut Taxpayers must pay for each year. Cibes apparently feels that his pension is justified as being a political servant to the Connecticut liberal establishment.
Can one argue from an economics point of view that he provided any "economic productivity" in his many years of living off the Connecticut Taxpayer's gravy train? Can one argue that the progressive Utopian state income tax has done little than drive the nails into the economic coffin that was once a dynamic and prosperous economy?
Cibes helped to create these economic problems that Connecticut still must address 25 years later. In my economic opinion he has few qualifications to be co-chairman of the Connecticut’s Spending Cap Commission as there is no spending cap since it was ruled unconstitutional by a Connecticut Democrat Attorney General. And Cibes comments are economically irrational and illogical. The Connecticut economic problem is out-of-control spending on salaries, benefits and pensions. Cibes pension is an excellent example of the constant waste of Connecticut Taxpayer's monies.
His $129,065.28 state pension is not bad for a Democrat led bankrupt state and a prime example of government waste.
It is Time To Take back Connecticut In 2018. William Cibes and his destructive economic policies have done enough damage to Connecticut.
Can one argue from an economics point of view that he provided any "economic productivity" in his many years of living off the Connecticut Taxpayer's gravy train? Can one argue that the progressive Utopian state income tax has done little than drive the nails into the economic coffin that was once a dynamic and prosperous economy?
Cibes helped to create these economic problems that Connecticut still must address 25 years later. In my economic opinion he has few qualifications to be co-chairman of the Connecticut’s Spending Cap Commission as there is no spending cap since it was ruled unconstitutional by a Connecticut Democrat Attorney General. And Cibes comments are economically irrational and illogical. The Connecticut economic problem is out-of-control spending on salaries, benefits and pensions. Cibes pension is an excellent example of the constant waste of Connecticut Taxpayer's monies.
His $129,065.28 state pension is not bad for a Democrat led bankrupt state and a prime example of government waste.
It is Time To Take back Connecticut In 2018. William Cibes and his destructive economic policies have done enough damage to Connecticut.
Tuesday, November 08, 2016
November 8, 2016. Today Is The Day To Take Back Connecticut
Today is the day.
Today is the day to take back Connecticut.
You have 14 hours today to vote.
You are Democracy. Not a bunch of politically connected and economically inept politicians who tell you what you can and can not do. And lie to you without hesitation.
You are Connecticut.
You are the individuals who go to work each day and pay your taxes daily to Hartford.
You are the backbone of a free market economy.
You are the backbone of ethics and responsibility to your Democracy.
You are the backbone that allows economic freedoms to take place on a daily basis. Not some political appointee or political hack.
You are Connecticut.
Not the Connecticut Democrat Party. The Party of No. No to a free market system. No to lower taxes. No to cutting state spending on political excess. No to personal freedoms. .
You are Connecticut.
Today is the day.
Today is the day to take back Connecticut.
You are the reason the state works and is productive.
Today Vote Republican.
Today is the day to take back Connecticut.
You have 14 hours today to vote.
You are Democracy. Not a bunch of politically connected and economically inept politicians who tell you what you can and can not do. And lie to you without hesitation.
You are Connecticut.
You are the individuals who go to work each day and pay your taxes daily to Hartford.
You are the backbone of a free market economy.
You are the backbone of ethics and responsibility to your Democracy.
You are the backbone that allows economic freedoms to take place on a daily basis. Not some political appointee or political hack.
You are Connecticut.
Not the Connecticut Democrat Party. The Party of No. No to a free market system. No to lower taxes. No to cutting state spending on political excess. No to personal freedoms. .
You are Connecticut.
Today is the day.
Today is the day to take back Connecticut.
You are the reason the state works and is productive.
Today Vote Republican.
Friday, November 04, 2016
You Mean There Is A Connecticut Democrat Economic Plan? Kind Of Late-Don't You Think?
The Connecticut Democrat Party never ceases to amaze me especially when it is election time.
The Governor claimed there was no budget deficit and the budget deficit has not ceased to exist for six long years now of new and higher taxes.
The Governor claimed that business conditions have improved through his and his fellow Connecticut Democrat programs of corporate welfare that picks the winners and losers in our economy. Even though Connecticut ranks near the bottom in all too many economic programs.
The Connecticut Democrat Party now has a supposed "small business agenda" that they are embracing. Even though in my economic opinion the Connecticut Democrat Party is anti business and anti free market as proven by their tax and spend policies and by their current United States Senator Richard Blumenthal's war on small businesses while he was the states' Attorney General for all too many years.
The Connecticut Democrat Party embraces corporate welfare as a means to their political ends-we will throw you want you want, make sure you donate to our cause. Sort of like Hillary Clinton's current campaign and tenure as Secretary of State.
Taxpayers must be wondering why and how any Connecticut Democrats are running for election or reelection in 2016 for the State House or State Senate based upon the horrific economic conditions we have in our state? Do you they really believe that their economic policies somehow work?
They do not. And they never will.
It is time to take back Connecticut on Tuesday. Enough of the politically and economically inept Connecticut Democrat Party. We can not afford two more years of omnipotent one part rule that has failed our state day in and day out.
Vote for State Representative in the 90th District Craig Fishbein
Vote for State Representative in the 85th District Serge Mihlay.
Vote for State Representative in the 86th District Vin Candelora.
Vote for State Senate in the 13th District Len Suzio.
Vote for State Senate in the 16th District Joe Markley.
Vote for State Senate in the 34th District Len Fasano.
Vote Republican this Tuesday.
The Governor claimed there was no budget deficit and the budget deficit has not ceased to exist for six long years now of new and higher taxes.
The Governor claimed that business conditions have improved through his and his fellow Connecticut Democrat programs of corporate welfare that picks the winners and losers in our economy. Even though Connecticut ranks near the bottom in all too many economic programs.
The Connecticut Democrat Party now has a supposed "small business agenda" that they are embracing. Even though in my economic opinion the Connecticut Democrat Party is anti business and anti free market as proven by their tax and spend policies and by their current United States Senator Richard Blumenthal's war on small businesses while he was the states' Attorney General for all too many years.
The Connecticut Democrat Party embraces corporate welfare as a means to their political ends-we will throw you want you want, make sure you donate to our cause. Sort of like Hillary Clinton's current campaign and tenure as Secretary of State.
Taxpayers must be wondering why and how any Connecticut Democrats are running for election or reelection in 2016 for the State House or State Senate based upon the horrific economic conditions we have in our state? Do you they really believe that their economic policies somehow work?
They do not. And they never will.
It is time to take back Connecticut on Tuesday. Enough of the politically and economically inept Connecticut Democrat Party. We can not afford two more years of omnipotent one part rule that has failed our state day in and day out.
Vote for State Representative in the 90th District Craig Fishbein
Vote for State Representative in the 85th District Serge Mihlay.
Vote for State Representative in the 86th District Vin Candelora.
Vote for State Senate in the 13th District Len Suzio.
Vote for State Senate in the 16th District Joe Markley.
Vote for State Senate in the 34th District Len Fasano.
Vote Republican this Tuesday.
Tuesday, November 01, 2016
What Happened to Honesty In Government?
I wonder what happened to honesty in government? I wonder what happened to truthful elected officials? I wonder what happened to competency in elected officials? I wonder what happened to campaigns that talked about resolutions to current problems and issues rather personal glorification?
I wonder what happened to elected and appointed officials having a grasp of the responsibilities of their positions? I wonder what happened to the United States Constitution? I wonder what happened to the State of Connecticut Constitution? I wonder what happened to placing the United States of America above both financial and personal gain while in office? I wonder what happened to an Oath of Office? I wonder what happened to the belief in God in the United States of America? I wonder what happened to elected and appointed officials who actually did their jobs in a coherent and logical way placing the United States of America's interests first rather their own? I wonder what happened to truth in government?
I wonder what happened to the United States of America?
It saddens me to think of the decline of our nation in this manner.
And it disgusts me to see our current ruling political elite continue to place their personal and financial interests first rather than the best interests of our country.
If you believe the Clinton family places our country's interest first you are sadly mistaken. I will take a President Trump any day over the Clinton fraud we have to endure each day of this election.
President Trump. Maybe we do not need to become another example of the decline and fall of an Empire in 2016.
I wonder what happened to elected and appointed officials having a grasp of the responsibilities of their positions? I wonder what happened to the United States Constitution? I wonder what happened to the State of Connecticut Constitution? I wonder what happened to placing the United States of America above both financial and personal gain while in office? I wonder what happened to an Oath of Office? I wonder what happened to the belief in God in the United States of America? I wonder what happened to elected and appointed officials who actually did their jobs in a coherent and logical way placing the United States of America's interests first rather their own? I wonder what happened to truth in government?
I wonder what happened to the United States of America?
It saddens me to think of the decline of our nation in this manner.
And it disgusts me to see our current ruling political elite continue to place their personal and financial interests first rather than the best interests of our country.
If you believe the Clinton family places our country's interest first you are sadly mistaken. I will take a President Trump any day over the Clinton fraud we have to endure each day of this election.
President Trump. Maybe we do not need to become another example of the decline and fall of an Empire in 2016.
Sunday, October 23, 2016
Wallingfortd's 85th District Needs A New State Representative Republican Serge Mihaly
-->
Republican candidate Serge Mihaly for
State Representative in Wallingford’s 85th District is a man of
beliefs, convictions and principals. He
is not afraid to speak his mind and express his opinions.
He is running against Representative
Mary Mushinsky in Wallingford’s 85th District. She is the same Representative who has voted
for every tax increase since she has been in office and she has been in office
a mere 36 years now helping to oversee the complete economic dismantling of our
state economy. She voted for the Utopian
State Income Tax, the supposed cure all for all of Connecticut’s economic
woes. That really helped didn’t it? That is the real record she is running on
Election Day, tax and spend and tax spend even more with no end in sight. Why does she deserve another two years in office
to continue to inflict more economic hardship on the taxpayers of the district
with her never ending tax increases that she supports with a budget that never
balances?
Candidate Mihaly is not part of the
Omnipotent One Party Rule Of Hartford. He
represents taxpayers not the political elite who run Connecticut. It Is Time To
Take Back Connecticut In November. And
what better way than to replace the tired and economically ineffective policies
of career Democrat politician Mary Mushinsky than with the crisp and new
effective economic policies of Republican Serge Mihaly.
Vote Serge Mihaly for State
Representative in Wallingford’s 85th District in November.
Saturday, October 22, 2016
Are You Better Off Today In Connecticut? Vote Republican on November 8th.
Are you better off today in Connecticut? Are you better off in Connecticut over the past two years? The past four years? The past six years? Are you better off since the Connecticut state income tax was passed? Are you better off with even more bloated state management jobs and positions with high pay, benefits and pensions than two years ago? Are you better off as a Connecticut taxpayer knowing that your state has over $70 billion dollars in short and long term unfunded debt and liabilities? Are you better off knowing the Governor and his Democrat controlled General Assembly can't figure out what the current never ending budget deficit is at any time? The same budget deficit that the Governor stated did not exist when running for reelection? Are you better off being lied to by your Democrat elected officials on virtually every and any topic that pertains to you living in Connecticut? Are you better knowing that the legally voted on and passed Connecticut Constitution Balanced Budget Amendment is somehow ruled unconstitutional to serve the purposes of the Connecticut Democrat Party? Are you better off with one party rule in Connecticut? Are you better off knowing that the Connecticut Democrat Party at any time can enact laws and rules that continue to erode and take away your personal and work freedom? Are you better off knowing that Connecticut law abiding citizens who own legal guns are considered criminals while criminals with illegal guns are somehow the victims according to the Connecticut Democrat Party? Are you better off knowing that you the Connecticut Taxpayer serve the Connecticut Democrat Party as serfs in their serfdom of political patronage, omnipotent political power and tyrannical economic rule?
Are you better off this election year? Are you that better off here in Connecticut to vote yet again back into power for another two years the stale, ineffective, economically illogical and omnipotent Democrat Party to continue its unyielding march to completely dismantle freedom and the state's economy to their rule and advantage?
I do not think so.
It is time to take back Connecticut on November 8th. There can be no rational or logical arguments any more to vote back into office and to power any Connecticut Democrat Representative or Senator this election day. They have failed miserably in running this state for many years now. They are responsible for the economic decline of Connecticut. They own the horrific state economy.
It is time to take back Connecticut on November 8th. It is time for voters to vote into office in mass Republican candidates for the State House and State Senate. Connecticut Taxpayers deserve more respect that what they have been forced fed by the Hartford's Omnipotent One Party Rule for years now. Vote Republican this election day.
Are you better off this election year? Are you that better off here in Connecticut to vote yet again back into power for another two years the stale, ineffective, economically illogical and omnipotent Democrat Party to continue its unyielding march to completely dismantle freedom and the state's economy to their rule and advantage?
I do not think so.
It is time to take back Connecticut on November 8th. There can be no rational or logical arguments any more to vote back into office and to power any Connecticut Democrat Representative or Senator this election day. They have failed miserably in running this state for many years now. They are responsible for the economic decline of Connecticut. They own the horrific state economy.
It is time to take back Connecticut on November 8th. It is time for voters to vote into office in mass Republican candidates for the State House and State Senate. Connecticut Taxpayers deserve more respect that what they have been forced fed by the Hartford's Omnipotent One Party Rule for years now. Vote Republican this election day.
Saturday, October 15, 2016
Why Have Ethics, Honesty and Truth Been Eliminated From Politics in 2016?
Why are ethics considered immoral and unwanted in politics
in 2016?
Why is honesty wrong and being dishonest right in politics
in 2016? Why is truth considered a lie
in politics in 2016?
I am personally sickened to see how far politics has
regressed as far ethics, honesty and truth is concerned in 2016 especially at
the national level. As a taxpayer I am
sickened to see that our government was and is for sale to enrich donors and a
supposed charitable foundation. I am
personally sickened as to the cover up of the massive amount of lies that we
are force fed each day by the media to place into the highest elected office in
our country the first woman President who by no means has any ethics, honesty
or truth forthcoming from her past, her present or her future. I am horrified by the daily economic lies
that are force fed to us here in Connecticut by the Connecticut Democrat Party
to gain again full control of the House and Senate to continue Connecticut’s
march to economic ruin.
Again I ask why have ethics, honesty and truth been
eliminated from politics in 2016?
Why?
To me there is no more rule of law or accountability in
either our state or national government.
It is evident that taxpayers serve our government daily through the
constant paying of taxes to support an elite group of individuals. This elite group dictates to the masses what
freedoms we can and cannot have. This
elite group manipulates rules and laws to their economic benefit. This elite group has taken over our country
and is leading us to a path of a painful and ruthless socialism.
The decision to me is clear on November 8th, 2016
and it is not a corrupted Democrat President. Let us hope and pray that are freedoms are not
eliminated even more over the next four years.
We as a country need to bring back ethics, honesty and truth to our
political system. Or is it too
late? God Bless America today and every
day.
Tuesday, October 11, 2016
Connecticut Republican Dan Carter For United States Senator
United States Air Force and Operation Desert Storm Veteran Dan Carter is the Republican candidate for United States Senate here in Connecticut. You would not know that since our current Senator Dick Blumenthal controls Connecticut's media with his constant 20 second sound bites on correcting all of the ills of our world. What he has accomplished is unknown to me other than he has constant press conferences that tell us how wonderful he is for looking into everything and anything that can garner press for him. I am surprised Blumenthal has not sent to all Connecticut residents a picture of himself that we have to hang up in our homes to remind us daily that he is our Senator. Blumenthal is all talk with no results other than satisfying his unsatisfied ego. And Dan Carter is an actual Veteran who served in harms way unlike our current Senator.
It is too bad there can not be more than one debate between Carter and Blumenthal. I do not understand why Connecticut Voters are not allowed to hear more from Blumenthal in an unrehearsed manner. Is he afraid of his opposition? Is he afraid of the truth of how bad Connecticut's economy is? Six years is a long time to show Connecticut Voters that our Senior Senator has done little to impact and or better our economy.
Dan Carter has impressed me in his short time as a Connecticut State Representative having the guts to vote against Connecticut's ridiculous and ineffective gun control bill, the never ending tax increases force fed to us by the Democrats and the equally ineffective and deadly early release program. He stands for smaller and more effective government. He is more concerned with actual issues rather than satisfying his ego.
I know he can make a difference with actual concerns for Connecticut Taxpayers with actual actions rather than just spewed rhetoric that we must hear from Blumenthal on a daily basis.
I urge Connecticut voters to vote for Republican Dan Carter for United States Senate. It Is Time To Take Back Connecticut In November.
It is too bad there can not be more than one debate between Carter and Blumenthal. I do not understand why Connecticut Voters are not allowed to hear more from Blumenthal in an unrehearsed manner. Is he afraid of his opposition? Is he afraid of the truth of how bad Connecticut's economy is? Six years is a long time to show Connecticut Voters that our Senior Senator has done little to impact and or better our economy.
Dan Carter has impressed me in his short time as a Connecticut State Representative having the guts to vote against Connecticut's ridiculous and ineffective gun control bill, the never ending tax increases force fed to us by the Democrats and the equally ineffective and deadly early release program. He stands for smaller and more effective government. He is more concerned with actual issues rather than satisfying his ego.
I know he can make a difference with actual concerns for Connecticut Taxpayers with actual actions rather than just spewed rhetoric that we must hear from Blumenthal on a daily basis.
I urge Connecticut voters to vote for Republican Dan Carter for United States Senate. It Is Time To Take Back Connecticut In November.
Friday, October 07, 2016
$200 Million Dollars To Sikorsky-Close 2 Technical High Schools
Connecticut's Governor Dan Malloy must have a strong dislike for those people in society who need help. People who can not take care of themselves or need help seem to be abused by the Governor as evidence of all of the budget cuts he has implemented for hospitals, people with disabilities, children and youthful offenders to name a few. Now he wants to eliminate two state Technical/Vocational High Schools to save money.
What Malloy never mentions are budget cuts to the bloated upper level and middle level management group of state employees who live off the Connecticut Taxpayers. Ever look at what state Commissioners receive in salaries and benefits? For example the President of the Connecticut Board of Regents Mark Ojakian (who has no education management background) receives a mere $335,000 a year in salary plus benefits plus a massive pension when he retires. How about all state Commissioners and the Governor work for a year with no salary and benefits to save money for the state?
And after Sikorsky receives $220 million dollars in Connecticut Taxpayers monies, Malloy now wants to cut spending again and in particular two state Technical High Schools. Now this after the two highest Democrat tax increases in the states history still has not been enough to eliminate the massive yearly budgets deficits nor even begin to address the massive $60 to $80 billion dollars of short and long term unfunded liabilities. It is just more of the same for Dan Malloy and Hartford's Omnipotent One Party Rule of the Connecticut Democrat Party. More taxes, more lies, more politically connected, more theft. More, more, more.
Connecticut Taxpayers hopefully have had enough of Dan Malloy and the Connecticut Democrat Party. And hopefully most Democrats in our state legislature will lose their seats in the coming November election. It is time to take back Connecticut. Don't you think it is time for new leadership?
What Malloy never mentions are budget cuts to the bloated upper level and middle level management group of state employees who live off the Connecticut Taxpayers. Ever look at what state Commissioners receive in salaries and benefits? For example the President of the Connecticut Board of Regents Mark Ojakian (who has no education management background) receives a mere $335,000 a year in salary plus benefits plus a massive pension when he retires. How about all state Commissioners and the Governor work for a year with no salary and benefits to save money for the state?
And after Sikorsky receives $220 million dollars in Connecticut Taxpayers monies, Malloy now wants to cut spending again and in particular two state Technical High Schools. Now this after the two highest Democrat tax increases in the states history still has not been enough to eliminate the massive yearly budgets deficits nor even begin to address the massive $60 to $80 billion dollars of short and long term unfunded liabilities. It is just more of the same for Dan Malloy and Hartford's Omnipotent One Party Rule of the Connecticut Democrat Party. More taxes, more lies, more politically connected, more theft. More, more, more.
Connecticut Taxpayers hopefully have had enough of Dan Malloy and the Connecticut Democrat Party. And hopefully most Democrats in our state legislature will lose their seats in the coming November election. It is time to take back Connecticut. Don't you think it is time for new leadership?
Friday, September 30, 2016
The 2016 Swick Connecticut Retention Package
What will will it take to retain my wife and I to live in Connecticut before we move out?
We are both life long residents of Connecticut. We were both born and raised here. We have faithfully paid our taxes since we started working. We have paid our ever increasing state income tax since it was enacted over the outcry of Connecticut Taxpayers. We have paid every other conceivable Connecticut tax since we were born.
We are threatening to move out of Connecticut. We do not want to however the current economic climate and the corrupted political system has given us no choice than to look at other states. We have seen the packages offered in others states such as Florida and the Carolinas. In some of these other states that have made offers we would experience a much lower state tax burden than we have in Connecticut. In some of these other states that have made offers we would experience a much lower local/property/county tax burden than we have in Connecticut. In some of these other states that have made offers we would experience much lower insurance rates for property and autos than we have in Connecticut.
Again please do not take lightly our threat to move out of Connecticut. My wife and I pay an enormous sum in state and local taxes. My wife and I support economically local businesses through our purchases. I have educated many young people over my thirty four years of being an Adjunct Professor of Business and Economics in many Connecticut Colleges and Universities. All of this would be a massive economic hit to the state and local economy if we were to move out of Connecticut.
Please do think these are talking points either just because it is election time. Our thoughts are real.
We feel that what is good for Sikorsky is good for the Swick's. We feel what is good for Connecticut's First Five is good for the Swick's. We feel what is good for political crony capitalism is good for the Swick's. After all we have been here much longer than many individuals and corporations who feed off the Connecticut Taxpayers. Now it should be our turn.
Thus what is the offer from the Governor and our State Legislature?
The silence is deafening to the Swick's.
We are both life long residents of Connecticut. We were both born and raised here. We have faithfully paid our taxes since we started working. We have paid our ever increasing state income tax since it was enacted over the outcry of Connecticut Taxpayers. We have paid every other conceivable Connecticut tax since we were born.
We are threatening to move out of Connecticut. We do not want to however the current economic climate and the corrupted political system has given us no choice than to look at other states. We have seen the packages offered in others states such as Florida and the Carolinas. In some of these other states that have made offers we would experience a much lower state tax burden than we have in Connecticut. In some of these other states that have made offers we would experience a much lower local/property/county tax burden than we have in Connecticut. In some of these other states that have made offers we would experience much lower insurance rates for property and autos than we have in Connecticut.
Again please do not take lightly our threat to move out of Connecticut. My wife and I pay an enormous sum in state and local taxes. My wife and I support economically local businesses through our purchases. I have educated many young people over my thirty four years of being an Adjunct Professor of Business and Economics in many Connecticut Colleges and Universities. All of this would be a massive economic hit to the state and local economy if we were to move out of Connecticut.
Please do think these are talking points either just because it is election time. Our thoughts are real.
We feel that what is good for Sikorsky is good for the Swick's. We feel what is good for Connecticut's First Five is good for the Swick's. We feel what is good for political crony capitalism is good for the Swick's. After all we have been here much longer than many individuals and corporations who feed off the Connecticut Taxpayers. Now it should be our turn.
Thus what is the offer from the Governor and our State Legislature?
The silence is deafening to the Swick's.
Friday, September 23, 2016
More Connecticut Taxpayers Corporate Welfare Per Dan Malloy
-->
Dan Malloy is at it again spending Connecticut Taxpayers
monies in yet another corporate welfare scheme. Winners get picked daily
by the Connecticut Democrat Party.
This time in an effort to stop the hemorrhaging of the
upcoming losses for the Connecticut Democrat party in the November election,
Malloy negotiated a massive $220 million dollar taxpayer subsidy to Sikorsky, a
subsidiary of Lockhead Martin which is a $46.3 billion dollar
corporation. Supposedly this complex arrangement allows for 200 of the
taxpayer funded CH-53K King
Stallion heavy-lift helicopters to be built in Connecticut for the U.S. Navy
until at least 2032. After 2032 is apparently anybody’s guess and
by that time I am sure the agreement will be long lost. And in 2032 Sikorsky
will threaten to leave Connecticut and a new and even larger Connecticut
Taxpayer funded subsidy will be granted. Note that Lockheed Martin bought
Sikorsky from United Technologies Corporation last year for a mere $9 billion dollars.
Looking more
closely at this agreement I wonder how this benefits Connecticut Taxpayers who
are funding it? For example, sales and use taxes will be exempted up to
$5.7 million dollars a year over the term of the agreement. That
will cost Connecticut Taxpayers $361,950. yearly. If they exceed target
level employment by a mere 100 to 550 jobs in any year of the agreement
Connecticut Taxpayers will be on the hook to pay them a performance incentive
grant of $1.9 million dollars a year for a total of up to $20 million dollars.
Thus we have
more of the same for Connecticut Taxpayers, higher personal and business taxes
for most and many exemptions for those companies in the state of Connecticut
that are politically connected. Here is some realistic math for this
subsidy. $220 million dollars of your tax monies is being used to help
subsidize a $46.3 billion dollar company. For corporations who can
negotiate these types of sweetheart deals it does not better than that.
And once again Connecticut Taxpayers get left out of the gravy train that we
call Connecticut state government. For Connecticut Taxpayers is yet again
another lose, lose irrational economic policy. When will it ever stop?
Not in my lifetime apparently.
Subscribe to:
Posts (Atom)