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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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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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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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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In a separate survey of Republican likely primary voters, Rob Simmons trails Ms. McMahon 47 – 30 percent, with 14 percent for Peter Schiff. This compares to a 52 – 25 percent McMahon lead in a July 16 survey by the independent Quinnipiac (KWIN-uh-pe-ack) University. Looking at McMahon and Simmons, Republican voters say: •...
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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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Keynesianism didn’t work for Hoover and Roosevelt in the 1930s, didn’t work for Japan in the 1990s, and didn’t work for Bush in 2008. Proponents of this approach have a childlike faith in the Keynesian model and its ability to generate very specific (albeit completely inaccurate) numbers. The fault line in American politics is...
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