Politics

LA unveils $578M school, costliest in the nation

August 23, 2010
By Editor
LA unveils $578M school, costliest in the nation

Just think how great our kids would learn in this school. Oh, by the way, the only factor ever proved to improve kids’ learning, is Mom. Yes, this is the same state that just gave out vouchers (IOUs) to state employees. With 9$B in debt and the highest taxes in the country, don’t laugh...
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Posted in Budget, Debt, Politics, Taxes | No Comments »

The Economics of Hiring a New Person Or Why This Is A Jobless Recovery

August 14, 2010
By Editor
The Economics of Hiring a New Person Or Why This Is A Jobless Recovery

Or why the economy is stuck in neutral. Check out the hiring woes of Michael P. Fleischer, at Ramsey, N.J.’s Bogen Communications Inc. Fleischer gives the case of the median-pay employee at his company. She makes $59,000 a year: Before that money hits her bank, it is reduced by the $2,376 she pays as her...
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Posted in Economy, Politics, Taxes | No Comments »

Freddie and Fannie Inventory of Homes Grows 13% In ONE Quarter

August 10, 2010
By Editor
Freddie and Fannie Inventory of Homes Grows 13% In ONE Quarter

The combined REO (Real Estate Owned) inventory for Fannie, Freddie and the FHA increased by 13% in Q2 2010 from Q1 2010. These are homes that Freddie and Fannie owned the mortgage for and who owners couldn’t make the payments.  They revert back to Freddie and Fannie. // Remember this is just a portion...
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The Boy Scouts Booed The President of The United States of America

August 8, 2010
By Editor

A thread in the fabric of America has been snapped. I feel very sad. I was a Boy Scout and the lessons I learned as a Scout are with me today. They are as group very patriotic. To hear them boo the President is an earth moving event. This is just not conceivable, the...
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To Hell With The Bibb!

August 8, 2010
By Editor
To Hell With The Bibb!

The attack ads Fedele is running bring you back decades ago to a failed Southern Textile Company on it’s last legs. But let’s talk about present day Connecticut, after all that is what this race is about, today and tomorrow in Connecticut. Fedele has been part of, and a very quiet part of an...
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Posted in Jobs, Politics | No Comments »

Before You Vote On Tuesday Look At This Graph

August 7, 2010
By Editor
Before You Vote On Tuesday Look At This Graph

Connecticut has the 5th biggest deficit nationally as a percentage of General Fund for 2009-2010 o NV – 30% o AZ – 29.8% o CA – 25.6% o NY – 24.3% o CT – 23.1% Connecticut already has the highest tax burden in the country. Connecticut’s young leave their home state at the highest...
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Posted in Budget, Debt, Economy, Politics, Taxes | No Comments »

Endorsement: Tom Foley For Governor

August 5, 2010
By Editor
Endorsement: Tom Foley For Governor

Dripping with a southern syrupy drawl the elderly woman standing in front of the Bibb says, “Foley bankrupted the Bibb, He’ll bankrupt Connecticut”. News to Fedele:  CONNECTICUT IS BANKRUPT. We are 9  BILLION dollars in the hole. Tom Foley is the only person running for Governor who has ever shut anything down. Foley is...
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Posted in Budget, Economy, Politics | No Comments »

The Mortgage Crisis Is Worse Than You Think

August 3, 2010
By Editor
The Mortgage Crisis Is Worse Than You Think

There is almost $2.4 trillion in mortgage debt for homes in negative equity. The total negative equity is $771 billion. There are 4.1 million homeowners with more than 50% negative equity (they owe 50%+ more than their homes are worth). This graph shows the percent of homeowners with mortgages in negative equity for 33...
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Posted in Debt, Economy, Politics | No Comments »

Baseline Accounting: Washington Funny Money

July 31, 2010
By Editor
Baseline Accounting: Washington Funny Money

If the President’s Deficit Reduction Commission uses “baseline” or “current services” budgeting as a benchmark for determining spending “cuts” and tax increases, that’s a good sign that the crowd in Washington wants to pull a fast one on the American people. Baseline budgeting. This is the clever Washington practice of assuming that all previously...
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Posted in Budget, Debt, Economy, Politics, Taxes | No Comments »

Dubitsky Asks, “Where’s Daria Novak?”

July 29, 2010
By Editor

Press Release: Immediate Release Dubitsky Asks, “Where’s Daria Novak?” GOP Candidate Says Opponent is Ducking Debates, Voters Doug Dubitsky, Republican candidate for Congress in Connecticut’s 2nd District, wants to know why Daria Novak is hiding. “She didn’t attend the televised debate moderated by Tom Monahan on NBC last week, and she has refused numerous...
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D Dowd Muska: The ‘Energy of the Future’ Is Already Here

July 29, 2010
By Editor
D Dowd Muska: The ‘Energy of the Future’ Is Already Here

It’s impossible to view television commercials, listen to an interview with an entertainer, or read most political candidates’ mailings without getting the message that the shift toward “green” energy is underway. The PR barrage is enough to make you think that all new cars are about to be electric, wind turbines will soon permit...
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Posted in D Dowd Muska, Energy, Environmental, Politics | No Comments »

Mansfield Republicans: “Meet the Candidates”

July 26, 2010
By Editor

Meet the candidates, before you vote in the primary! The Mansfield Republican Town committee is hosting a “Meet the Candidates” evening on Wednesday August 4, from 7 to 10 p.m. at the Eagleville Fire House Hall on Route 32 in Mansfield. This will give anyone an opportunity to get to know the candidates who...
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Dubitsky Questions Novak’s Endorsement Claim

July 26, 2010
By Editor
Dubitsky Questions Novak’s Endorsement Claim

Press Release July 26, 2010 Doug Dubitsky for Congress Immediate Release Dubitsky Questions Novak’s Endorsement Claim Doug Dubitsky, Republican candidate for Congress in Connecticut’s 2nd Congressional District said today that one of his GOP rivals for the seat is misusing former President Ronald Reagan’s name in an effort to mislead voters. In campaign literature,...
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House Republican Leader Larry Cafero Endorses Linda

July 26, 2010
By Editor
House Republican Leader Larry Cafero Endorses Linda

Press Release: West Hartford, Conn., June 26, 2010 – Linda McMahon for Senate 2010 today announced that House Republican Leader Larry Cafero has given his support to Republican Senate Nominee Linda McMahon. “As a proud Connecticut Republican, I believe with all my heart that our state and our country are better served with a...
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$500,000 Per Job, Your Tax Dollars At Work

July 25, 2010
By Editor
$500,000 Per Job, Your Tax Dollars At Work

A federal grant of $150,000,000 will create 300 “permanent” jobs.  That’s $500,000 per job.  The occasion was a new battery factory in Michigan that will produce batteries for electric cars. When we point out the Government is picking winners and losers this is what we mean. Problem is, there is no market for these...
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Posted in Economy, Environmental, Politics | No Comments »


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