Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Sunday, January 18, 2009

California Leads The Way

The Golden State of California is proving once again to be a trendsetter, which we've long come to expect from the nation's most populous state which also features what's usually touted as the world's fifth-largest economy.

From the San Jose Mercury News:

Cash Drying Up, California Is About To Delay Tax Refunds, Slash Aid To The Needy

By Mike Zapler
Mercury News

SACRAMENTO — California's budget meltdown is about to hit home for millions of taxpayers awaiting their refunds and people who depend on the social safety net to survive, a top state finance official warned Friday.

Controller John Chiang, who is responsible for managing the state's cash flow, plans to delay $3.7 billion in payments starting next month in response to lawmakers' failure to fix a projected $40 billion deficit through mid-2010.

Among those who won't get paid on time: taxpayers who file their returns early and are awaiting refunds; families who depend on welfare and aid for the aged, blind and disabled; and programs that serve developmentally disabled and mentally ill patients.

"Delaying payments will hurt real families, many of whom are just hanging on in these very, very tight and difficult times," Chiang said. "Taxpayers who expected to use their refunds to purchase a car, to make food payments, to pay off their credit card bills, will have to wait. That is something we should not be doing."

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Sadly, the state that gave us Richard Nixon and Ronald Reagan also led the way in converting our nation to a culture of deadbeats and thugs. No one wants to pay for anything (Proposition 13), "three strikes and you're out" (Proposition 184), and civil rights are stripped (Proposition 8), are all examples of how California's vaunted liberalism is bogus.

Its public education system is failing, its healthcare system a travesty, its economy favors the wealthy and has long exploited poor immigrants and minorities, and even its law enforcement institutions have long been recognized as brutal.

Monday, September 29, 2008

Making A Choice

I’ve heard from many people commenting on how nasty and negative the Shaheen-Sununu race has become, and I concur that it's really despicable. You'd think both of these candidates are evil incarnate. Allow me to offer my opinion.

John Sununu is a decent man who simply is on the wrong side of the issues. He favors big business, has a long record of opposing corporate and financial regulation, and has consistently voted against legislation that would benefit working families, from an increase in minimum wage to an expansion of health care coverage. He's been unwavering in his support of George Bush, including Bush's horrific foreign policy and his devastating fiscal irresponsibility that has buried us in an oppressive $10 trillion debt. John simply does not reflect New Hampshire's values.

Jeanne Shaheen performed admirably as governor for three terms, working with Democrats and Republicans alike. She's a moderate voice in a nation and a state where too often the extremists are most vocal. I disagree with Jeanne on capital punishment, and I believe she missed an opportunity to change New Hampshire's unfair system of taxation that places an extreme burden on working families. But I also know that she embraces New Hampshire's values, from protecting the environment to expanding access to affordable healthcare, and from improving our children's educational opportunities to strengthening the Granite State's economy. She brings an incredible amount of common sense to the table, and offers a breadth of experience that will prove invaluable to New Hampshire in the U.S. Senate.

Let's not lose sight of the fact that all of our major candidates are decent people and do not deserve the abuse being heaped upon them. This even includes John McCain, for whom I’ve lost nearly all respect since he launched his campaign of lies and distortions, and abandoned all principles of integrity. While today he is but a hollow shell of the John McCain who earned the admiration of millions, one cannot discount his past contributions to his country, nor question his patriotism no matter how misguided he may be today.

I truly hope that voters will not be swayed by the extreme messages with which they’re incessantly being bombarded and will instead choose a candidate based upon his or her positions on the issues.

We are today confronted by serious challenges, from a crumbling financial system and a plunging economy, to global terrorism and two mismanaged wars. We’re being held hostage by our reliance upon foreign oil, and we’re despoiling our environment by neglecting the need for serious investment in alternative sources of energy.

Our infrastructure is crumbling, our health care system is in crisis, and our system of public education is in peril. Gratefully, New Hampshire and the nation are equipped to confront these challenges, possessing the resiliency and the creativity needed as we move forward.

What is clear is that we cannot afford to continue along the course we’ve been following for the past eight years. We cannot endure another decade of war and neglect or of allowing unbridled greed to sap the underlying strength of our economy and put at risk our savings, investments, pensions, and even the value of our homes.

Our state and our nation are at a precipice. How we vote this year will determine whether we plunge into an abyss of despair or leap to new heights of achievement. A vote for Republicans is a vote to “stay the course” - to continue on the path we’ve been following.

By contrast, a vote for Democrats will ensure a change of course. That doesn’t mean it will be an easy ride, nor that every trail embarked upon will lead to success. But what it does mean is that we’ll be free to explore new avenues, to navigate the future with confidence in our potential rather than retreating into the paralysis of fear.

When choosing a candidate this year the first question you should ask yourself is that posed by Ronald Reagan in 1980 - “Are you better off than you were four years ago?” The second question you should ask is “Is the country better off than it was eight years ago?”

If you can answer yes to both of those questions, you should vote Republican. Otherwise, the decision is clear.


Monday, August 25, 2008

Don't Know Much

This is another great ad from the Obama campaign set to the music of the legendary Sam Cooke. What I find especially powerful is the use for a full five seconds of the photo of McCain hugging Bush. It's awesome!

Watch, Digg it, make it viral!