Category Archives: Shutdown
Off and running already the Reid♥McConnell consummation has begat unto us the “Kentucky Kickback,” which McConnell denies vigorously since Bab’s Boxer (D-CA) and Lamar Alexander (DR-TN) inserted the language into the bill. But are we really supposed to believe that McConnell “didn’t know” about a $2 Billion earmark in this thing? That he didn’t read the bill before he voted on it? (Okay, yes on that one)
UPDATE: Seven more “sweeteners” to the Debt Ceiling Bill. Keep in mind that Nancy Pelosi said “you have to understand, there are no more cuts to be made.”
Pretty much everybody realizes that despite the “historic agreement” (as per Senator Harry♥Mitch) that nothing has been done to solve the economic problems.
In the great State of Illinois, 100,000 people have have signed up for Obamacare (he loves that name!)! Or… more precisely they haven’t…
The City of Stockton is TWO YEARS BEHIND in filing its required State financial reports. Just think about that for a minute, and then ask yourself why the City Manager hates it when we bring up the “how” Stockton got into this mess and now needs another 0.75% of your money? who is in charge of these reports? Has anybody been fired for being TWO YEARS BEHIND on them? Will that person or persons have to fork over the $5,000 fine? Or will they need Measure A/B money to cover the cost of being incompetent in the basic financial functions of a City Government?
Public Sector Unions are borderline are the #1 donor of funds to Democrat Party politicians and issues. It is why the Democrats cannot be honest about embracing “reform,” nor can they afford to not do what the Public Sector Unions want – like supporting Measure X. The Modesto sales tax increase – another full percentage point – is almost 100% funded by two Public Sector Unions which believe that they will also receive the lions share of the $26 Million generated annually.
What if it turns out the cause of ADHD and other behavior disorders is the function of parenting being replaced by Day Care?
Over the past five years, American businesses have doubled their cash to asset ratio. For those of you not in business, that means that companies are not spending money (it could also mean that they are selling off assets). Think about what that means to Keynesian economic policies, which is basically what we are operating our current economic policy upon. Since businesses are not “investing” (i.e., “spending”), in order to increase “output” the Government has to “invest” (i.e. “spend”) in order to raise production. In other words, since the companies aren’t willing to invest (i.e., “spend”) their own cash, the only thing driving any economic production is government “investment” (spending). The problem should be obvious, but in case it’s not, Government “investment” (i.e., “spending”) has to come from one of two (or even both) sources – tax revenue and/or borrowing. Tax revenues remove spendable funds from the economy, forcing people and businesses to spend less because they have less (Hello Measure X!) or by raising the debt thus increasing the interest service and/or the long term debt load. The biggest question of all is WHY are American businesses doubling their cash to asset ratio? What is Government doing to encourage businesses to “invest” (i.e., “spend”) their money on their own production? (Hint: nothing)
Every now and again I get an extra special reminder of how what John and I do is effecting people’s lives. I received a very nice eMail yesterday telling me about how one listeners son had been encouraged to listen to and later discuss Constitution Thursday… by his teacher. It makes me feel good to know how many were listening and learning. That’s what Constitution Thursday was all about!
Thirty years ago the City of Modesto started “loaning” money to the local Redevelopment Agency. Now the agency is gone, but it leaves behind $130 Million in debts, including $78 Million to the City of Modesto, which, by the by, demands that we hand over $26 Million more of OUR money to them annually. Furthermore, we learn that that the repayment of the debt, will take at least another 25 to 30 years. “Mistakes were made,” is the underquote of the day. Ever more money is the goal, ever more control…
I like the idea of the State of Jefferson, particularly if they actually stand for Liberty, but the problem is that under the Constitution, both Congress AND California have to agree to let them succeed. And that, my dear friends, ain’t gonna happen.
Congressman Paul “I Didn’t Know That Was In The Constitution” Ryan has a new plan for how the GOP can “pivot” away from Obamacare (he loves that name!) and end the standoff – just don’t mention it.
San Joaquin County says “Nope” to an Acampo winery expansion.
Anytime you see an upside-down set of legs stuck in the ground, you should just sort of assume that chicanery is happening…
NPR wants you to know what effect a “default” would have on Old People, China and government pensions, but they miss the fact that there would be not default – assuming it wasn’t intentional. After the Treasury Secretary’s testimony yesterday I am not convinced that this Administration wouldn’t default on purpose.
Governor Brown expanded the people who can perform abortions yesterday. The logic was that there “aren’t enough abortion providers” in the State. Doesn’t that make you shudder just a bit?
So now that the State has finally starting printing cheques for unemployment recipients, they’ve hit another snag. The computers aren’t producing the forms the people need to keep their benefits.
Oakdale’s Measure O – a “general sales tax” wasn’t enough to save firefighter jobs.