December 2011

A Perfect Example Of Why Tea Party Thinking Is Archaic

Posted 12/3/11 at 10:10am by jamie

A new post from Tea Party Nation founder, Judson Phillips, was just posted. In it Phillips shows the kind of archaic thinking the Tea Party has and why it is the kind of thinking that will keep America behind in a 21st century economy: (subscription required).

The remaining roughly $27 million was used to connect 150,000 new subscribers in “underserved communities.” Why is the government out spreading broadband? This is something the private sector needs to be doing.

I live right next to one of these "underserved" communities. Just a couple of miles from me there is no broadband internet, unless you are willing to pay the outrageous prices for satellite internet.

The area I'm talking about is farm land. They have phone and cable, but no broadband. For the "private sector" that already has lines running there, adding the service would be a lot cheaper than someone creating a new service, yet they don't want to. Why? Because the cost per home would be much higher than in denser communities. I guess America's farmers are supposed to be left off the internet. No checking seed prices, weather forecasts or getting trade reports for them.

Now this area I'm talking about was going to get broadband internet a few years ago and it was the private sector doing it. They were going to have fiber optics, as was the rest of our county. Of course with the private sector comes local ties and friendships, which can easily lead to some bad things. That was exposed here in Butler County, Ohio, when the Dynus Corporation and a bunch of county officials decided to bilk the people and local banks for millions of dollars.

John Boehner Thinks Tax Cuts For The Middle Class Is "Chicken Shit"

Posted 12/2/11 at 7:21pm by jamie

Totally amazing:

GOP leadership told its membership at a closed-door meeting Friday morning it would couple with the expiring tax provisions an easing of environmental regulations on boilers, selling broadband spectrum and paving the way for the controversial Keystone XL pipeline. [...]

Speaker John Boehner referred to the package he’s putting forward as turning “chicken-sh — into chicken salad,” according to people attending the meeting in the Capitol basement Friday morning.

Translated, he’s going to pass President Barack Obama’s preferred tax cut, but he wants some skin from Democrats for it.

The total lack of respect the GOP has for working America is absolutely disgusting. I believe it's time to make Congress a middle class job and let these assholes have to survive on what 98% of this country has to. I guarantee we would see a lot more tears from Boehner then.

A 1%er Explains The Facts About Job Creation

Posted 12/2/11 at 8:50am by jamie

Nick Hanauer, a very successful venture capitalist, has a must read OpEd in Bloomberg News. In it he explains the very fundamentals of economics:

I can’t buy enough of anything to make up for the fact that millions of unemployed and underemployed Americans can’t buy any new clothes or enjoy any meals out. Or to make up for the decreasing consumption of the tens of millions of middle-class families that are barely squeaking by, buried by spiraling costs and trapped by stagnant or declining wages.

If the average American family still got the same share of income they earned in 1980, they would have an astounding $13,000 more in their pockets a year. It’s worth pausing to consider what our economy would be like today if middle-class consumers had that additional income to spend.
It is mathematically impossible to invest enough in our economy and our country to sustain the middle class (our customers) without taxing the top 1 percent at reasonable levels again. Shifting the burden from the 99 percent to the 1 percent is the surest and best way to get our consumer-based economy rolling again.

It's Cloudy For Newt In The Sunshine State

Posted 12/1/11 at 4:08pm by jamie

Another sign of trouble for the GOP:

If the Newt surge persists over the next few months the biggest winner is going to be Barack Obama. We can see that pretty clearly in our newest Florida poll.

If Mitt Romney's the Republican nominee, Obama's in a lot of trouble in the Sunshine State. Obama leads Romney only 45-44, and given that the undecideds skew largely Republican he'd probably lose to Romney if the election was today. Obama being stuck in the mid-4os against Romney is par for the course in our Florida polling. In September Obama led 46-45, in June it was 47-43, and in March it was 46-44. The dial has barely moved all year.

But if Newt Gingrich is the Republican nominee it's a completely different story. Obama leads him 50-44 in a head to head. To find the last time a GOP Presidential candidate lost Florida by more than that you have to go all the way back to Thomas Dewey in 1948. Even Barry Goldwater did better in Florida than Gingrich is right now.

The Republicans are struggling with finding a nominee. Some have tried to compare this to the problems the Democrats had in 2008, but this is the total opposite. The Democratic Party had a problem picking a nominee because of huge enthusiasm for both Hillary Clinton and Barack Obama. The Republicans are having troubles because they are picking the lesser of two evils.

This also opens up a bigger issue that comes into play during an election cycle - the enthusiasm gap.

REPORT: Ohio Offering $400 Million In Incentives For Sears To Move To Ohio

Posted 12/1/11 at 10:27am by jamie

Earlier this week I reported that Cincinnati is losing one of its longtime companies, Chiquita, to Charlotte NC. Charlotte ended up offering Chiquita $22 million in incentives and Ohio's governor, John Kasich, said that we couldn't offer them any more than the $6 million already offered. Now we know why:

Ohio has offered Sears incentives worth $400 million, as the company pits Illinois against other states vying to land its operations, according to the office of Illinois Gov. Pat Quinn. The package is “basically about four times” what Illinois has been looking to offer, said Brooke Anderson, the governor’s press secretary.

Quinn, a Democrat, told an Illinois radio station that Ohio was aggressively courting Sears. Texas is the other state that reportedly has made the retailer’s short list.

Anderson said the $400 million figure came from Sears executives testifying in a recent committee meeting in the Illinois House.

This is becoming a serious issue in America. We have states on the verge of bankruptcy and companies are extorting money from them to stay there. How long will it take Ohio to make up $400 million dollars if Sears decides to move here? How much will the people have to suffer to get the company here?

I don't care how you look at it, this is blackmail plain and simple. Companies are sitting on records amount of cash and try to extort more from you and me. It has to stop!

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