Showing posts with label america. Show all posts
Showing posts with label america. Show all posts

Wednesday, May 12, 2010

Educations Future In Milford And Connecticut

We have all heard of the bailout for the auto industry, $4,500 credits, government stock buyouts and sweetheart loans that the average Joe could only dream to get. The big banks then labeled themselves as "too big to fail" and AIG, Fannie Mae, Freddie Mac and all its crones were bailed out. Today the taxpayers own 80% of AIG alone and another massive amount of GM stock who could have ever imagined thing would get so out of hand.

The bailouts in the last few years were numerous, $8,500.00 first time home buyer credits, extended unemployment benefits for months beyond what is normally allowed, 40 Million Americans on food stamps and stimulus package after stimulus package packed with shovel ready pork.

Sadly, when we think of "No child left behind" and local education we are continually reminded of unfunded mandates and what a burden to the taxpayers those mandates have become. Instead of the Federal Government valuing our children we are told yet again this year that the city of Milford will be denied 1.5M of Federal funds to our schools placing an operational deficit in 2011 that could be as high as 5 Million.

Every effort is being made to streamline and contain education costs, teachers are retiring early, raises skipped, schools are being closed and local Milford residents are living more conservatively than ever. After attending several Board of education meetings it became clear that all our energy at city hall is being focused on our little patch of land we call Milford, and few remember that our patch of land is contained within the boundaries of the worst economic global downturn since the Great Depression.

My high school New York Military Academy in Cornwall NY was established in 1882 and it survived the Great Depression, WWI, WWII, Vietnam, Korea and the energy crisis of the 1970's but this year its operational budget losses are so high, and its Alumni so impoverished that the school is expected to fail within the next year or so.

And these problems are symptomatic across the entire state of Connecticut where teachers from all communities are living with no job security, and are afraid of what they will do next if they join the growing ranks of the unemployed.

The reason we are in the situation that we are in is because of years of the Federal Reserve's "ponzi" style monetary policy whereby money can be printed at the whims of congress and the banks to fund the next popular war/invasion against an invisible tactic fear mongered as "TERRORISM."

While we all surrender our rights for our security and sit an awe over some person who lit his underwear on fire with a failed bomb, or the times Square Frizzler, our President, Obama makes jokes about the terror on the U.S. Arizona/Mexico border that has landed 17,000 people dead and murdered. Americans get kidnapped by Mexican drug dealers, they threaten and kill our nations police officers, and poison our people with the very drugs the U.S. troops protect for Karzai in Afghanistan and no one in the BS media covers it as terrorism.

The sooner we realize that Washington D.C. is no longer America's friend but rather it's enemy our mission will become clear. Our mission is to establish state sovereignty under the 9, 10Th Amendment dissolve all illegal treaties, break ties with all World Governments and start indicting U.S. Senators and Congressmen who willfully violated the Logan act and defied the U.S. Constitution. In other words Connecticut needs to start doing the Job the Federal Government is ignoring.

For those of you who still do not get it, you should be aware by now that Washington D.C. has been waging a war on the Middle Class while making the rich richer and you poorer. As we rebel against the Tyranny of Washington D.C. they have launched a police state against us whereby "lists" are being used to circumvent the Constitution and punish anyone who dare preach their inaliable rights in America.

All these problems are rapidly coming home to roost, right here in our state and our town. The message from Washington DC is clear we have trillions for war, now billions to bail out Greece but little to nothing to help educate America's kids. This message, by virtue of its priorities should beckon you to rise up and join Tea Parties everywhere.

Moving forward the structural deficits now being exaggerated by the federal government and the inevitable climbs in interest rates due to inflation in the next 24 months is expected to destabilize every grand list in America let alone Milford. Hartford is going to have a challenging time managing the take over of cities like Bridgeport, Hartford and Waterbury who have had structural deficits that bankrupted them long ago. Those problems are going to spread beyond the normal areas that they normally occupy.

Taxes alone will not solve our problems in education because equilibrium will be reached relative to tax collection and the maximum attainable mill rate. There comes a point under the immutable laws of the Bell shaped Laffer curve that dictate a collection threshold. Once equilibrium is reached less taxes are collected, and sadly that threshold is also under assault as the Federal and state government also add to the tax burden of ordinary CT citizens.

The best course of action we can take to alleviate the pressure of these problems is to rebuild our school district under the principles of the New Urbanization Initiative, and Smart Growth while interest rates are low. Once those rates rise our window of opportunity will be closed and Hartford will have to beg the Federal Government to fund our schools. The alternative is over taxation and the fostering of one of the largest underground economies America has ever seen.

Tuesday, March 11, 2008

Wall Street Has A Record Day

The market gyrations have spun the other way today, the news on wall street although in my opinion not that exciting spurred some impressive gains. Many "bullish" investors felt the market was undervalued and the FED easing liquidity in the markets sent stocks surging higher. Even in lieu of the fact that oil hit a new record high.

While everyone on wall street is happy with the incredible run up in gains, some experts are still pessimistic and feel that this up down trend is nothing to celebrate. The markets have been unusually wild due to many factors and the news changes every hour. Investors are still urged to look at the "big picture" including the economy. Market "bulls" still need to keep tabs on the Consumer Price Index, as well as inflation and M3 the money supply.

Gold is still hovering just under $1,000.00 dollars after it has had an impressive run up, the US Dollar is still lingering in record low territory and consumer debt is till dangerously high at 2.4 Trillion. In order for such impressive gains to have meaningful weight several of these troubling conditions must reverse themselves. One indicator that has "all eyes focused" is the jobs report and in light of Citibank's 30,000 person layoff accompanied by a difficult housing sector, may make today's market victory a Pyrrhic one likened to a "bottom" bounce. In either way, and wether you are a "Bull" or a "Bear" I am no financial advisor, so consult your professionals for their take on your specific investment strategies.

But it is my opinion that one good day is no indication of a trend, although I do hope it ends up being just that... a upward trend. Time will tell and I certainly was happy to see Wall street regain some lost ground.

Thursday, November 1, 2007

Standing up for CT

Today, I was traveling in my car and up came a new form of campaigning. This took form in the shape of a typical campaign sign depicting a slogan "nothing left to give." Never before have I seen a sign like this. A sign that was actually working to get votes. This sign to me is rather peculiar and yet a sad testament to the atmosphere of struggle we are facing in our town.

Several times I have written that a political party paradigm is not going to fix our problems here at home. Milford's financial problems are the result of neither Democrats or Republicans, Conservatives nor Liberals.

The fault lies right there in your mirror each morning, you and all people like you, who laid down your voices because you just want to fit in with popular culture. I apologize in advance for my callous remarks if this is not who you are, but I do take exception with anyone who feels their vote does not matter, or just criminalizes any talk of politics as taboo. I also take issue with anyone who fails to believe that "one person" cannot make a difference. Look at this lone Courageous Chinese man causing a column of tanks to stand down. Remember Martin Luther King, Rosa Parks, Etc.. Their commonality is that their voices can be heard reverberating around the world still to this day.
We must stop blaming, and taking issue with the first person we perceive to be the culprit of social malaise. Whether it be the tax man, our boss, our family, our local businesses and community leaders. The truth, as I see it, is that everyone is hurting in some way and yet no one knows or has any idea on how to change things for the better. All too often our leaders in town use economic and social misfortune as propaganda to win votes. Rarely do our leaders have any semblance of reality when it comes to macroeconomic policies. They just want you to believe that every problem in your life is because of their political opponent. Politicians count on you being shallow. Nothing is more pleasing to them than to have you believe the first thing they put in your mailbox as the truth.

This needs to end, because all levels of America and its cities are now under attack due to energy costs, devalued Dollars, inflation, high food costs, a fading middle class, hospital bills, and most recently fear of terror and fear of losing our homes. While we are crippled with fear, and struggle, the rich get richer, the poor get poorer, the weak get weaker and the powerful get more control over our liberty. This all occurs by stealth and with the help of everything you see hear and watch on the television. To see what America lost just find some pictures by Norman Rockwell who encapsulated so nicely Americas post WWII culture.

The time to stand up for our state is more important than ever, believe you can make a difference and you will. Get off your anti-depressants, Turn off the Television/Pendulum and snap yourself and family out of the media trance.

Start to read quality books, and impartial news sources not controlled by Rupert Murdoc, Disney, Time Warner, or Microsoft. Talk to your neighbors, your friends. Make a promise to your loved ones to get involved in voicing your thoughts to secure their future freedom. Standing up for CT means breaking your relationship with a screen, and looking at the real world instead. You are the future, and changing yourself or one person alone is infact changing the future. Listen, Learn, Challenge, and most importantly question everything.