Fwd: ANOTHER REASON TO LIKE FRIDAYS

Ok, Dick, you agree that the Pennsylvania state budget is balanced, but that the slush fund they gave Rendell for a Specter library and other silly pork is not a good use of funds. Well, if you can agree to that,then why can't we agree that the wasteful spending of the federal government should not be curtailed? We need to do like Oregon at the Federal level, a 9% ACROSS THE BOARD CUT IN SPENDING!

In Oregon they tried raising taxes on "the rich." The state passed a referendum in January to substantially raise taxes on those making over $125,000 per year and on corporations, but the hoped-for revenues never materialized, so Governor Kulongoski is calling for a 9 percent across-the-board cut in state spending.

 

 

 

 

ANOTHER REASON TO LIKE FRIDAYS

via Nealz Nuze on 7/9/10

Every Friday my email box has a gift from a group of reprobates called The Georgia Public Policy Foundation. Now I don't care if you live in Kalispell, Montana. You should subscribe to this. Here's a link to today's edition. And for those of you who can't follow links right now, here are some highlight from today's "Friday Facts."

"I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." - Thomas Jefferson (Too bad nobody listened.)

Big business seems to be recovering from its Stockholm Syndrome: "We see a host of laws, regulations and other policies being enacted that impose a government prescription of how individual industries ought to be structured, rather than produce an environment in which the private sector can innovate, invest and create jobs in this modern global economy. In our judgment, we have reached a point where the negative effects of these policies are simply too significant to ignore. In the search for short-term revenue fixes, we're doing long-term damage to growth. By reaching into virtually every sector of economic life, government is injecting uncertainty into the marketplace and making it harder to raise capital and create new businesses." - Verizon CEO and Business Roundtable Chairman Ivan Seidenberg speaking at the Economic Club of Washington, June 22, 2010

In Oregon they tried raising taxes on "the rich." The state passed a referendum in January to substantially raise taxes on those making over $125,000 per year and on corporations, but the hoped-for revenues never materialized, so Governor Kulongoski is calling for a 9 percent across-the-board cut in state spending.

- Indiana has balanced its budget by not relying on federal funds. Governor Mitch Daniels said, "It would have never entered our mind to put funny money like that into the budget."


- In New Jersey, Governor Chris Christie managed to cut spending by 8.8 percent from last year and refused demands to raise taxes on "millionaires." Now he has called for a special session of the legislature to limit property tax hikes to no more than 2.5 percent per year. 

 

 

are you aware that Obama and Pelosi have a lame-duck strategy? The voters may well throw the voters out of office in the November elections, but they'll still have a few months to really do some damage before they go.

The outlook for the nation's small businesses is not getting better. Elections have consequences.

This Amity Schaes person is sharp. This column: "Obama threatens to follow in FDR's economic missteps."