The Bain Report: “Articles that Affect You and Your Family” for May, 31, 2010

Instead of Revamping Financial Structure, State just keeps moving money around
Michigan legislators have created budget overspending crises every year since 2002. Since tax rates rarely went down and since most spending is directly under their control, these deficits are largely a matter of the legislators wanting to spend more than they did the previous year. One example is Senator Richardville budget bills approved increases of $1,332,045,900 billion for fiscal 2008 verses 2007!
 
Richardville Votes to Transfer Road Tax Money to other purposes
It’s no wonder we have terrible roads! When the money we pay in taxes specifically for roads is diverted for other state spending! In a Monroe Evening News article in 2009 Senator Richardville stated the problem was with how the funds were allocated in the formula of Public Act 51. What he didn’t tell you was that he voted in favor of robbing these funds!
Passed in the Senate (37 to 0) on October 20, 2009, to reduce the amount of infrastructure project spending from the transportation economic development fund by $12 million in the Fiscal Year that ends Sept. 30, 2009, and another $12 million in the next fiscal year. House Bill 5073 diverts this money to other state spending. 
 
Cost of treating autism shocking
Legislation is pending so Senator Randy Richardville and a panel of experts and speakers will travel to several other cities in the coming weeks to gather facts on the disorder so to better understand the complexities of autism. This is nothing more than grandstanding on Senator Randy Richardville’s part for re-election! He is riding the coat tails of Representative Kathy Angerer who has been the one championing this issue. Representative Angerer is so devoted on the issue of autism she decided it was more important than to run for office. He did the same thing with the Secretary of State Office closure in Temperance where once again Representative Angerer took the lead!  He is also very much aware that right here in Monroe we have an individual with impeccable credentials in the field of autism and he has never once inquired with this individual about this issue! Seems to me if he was so concerned with the issue of autism he would have taken advantage of this person’s knowledge and experience in the field of autism! This is nothing short of pandering to the voters in this re-election year!
Credentials are an attestation of the qualifications, competence, or authority issued. Said individuals resume includes: 33 years of experience in education and Administration. Administrator of the largest center for students with Autism in the country. Responsible for balancing the centers budget. Committee participation in school systems. Board member Monroe County Mental Health Authority. Member of Wayne County Association Supervisors Special Education. Member of Council for Exceptional Children. Presentation speaker at the International Conference on autism in Beijing China. Presentation speaker to the Wisconsin Council for Children with Autism, Presenter to the Special Transportation In-service for Wayne County. Holds the following degrees: Associates Degree, Bachelors of Science Degree, Masters of Arts Degree, Education Specialist Degree, Eastern Michigan University Ypsilanti, MI.
 
Michigan Tax Burden Grows Despite Claims to the Contrary
Per capita figures make Michigan seem worse off by comparison to other states since population is less responsive to economic changes than are tax revenues. Still, Michigan’s per capita tax burden increased over the past decade.
 
Citizens in Utah unseat RINO (Republican in Name Only) Senator
This needs to happen here in Michigan! We have far to many Republican Representatives in Lansing who are beholding to the special interest, lobbyist, and unions and not the citizens they are supposed to represent!
 
Randy Richardville vs. R. Al Bain
R. Al Bain is contesting incumbent Randy Richardville in the Republican primary for State Senator Richardville’s 17th district seat. R. Al Bain is very well known in conservative circles in Monroe. Mr. Bain is known to be a staunch constitutionalist. R. Al Bain would never vote for let alone sponsor legislation that robs citizens of Michigan in order to give money to special interest groups as Senator Richardville’s record has shown!
 
Activists stunning Republican platform win in Maine
The effect it will have on Maine politics could be quite epic in scope. It has certainly stunned the Republican Party Establishment and the Maine media.
 
Lawmaker Says $150 Million in Unearned Tax Credits Given Out by State
Based on a review of the Auditor General’s report there is likely $100 million — $200 million of tax credits actually given out that were not earned by the businesses receiving them. The Auditor General only looked at 7 percent of the tax credit certificates in one year and found $2.6 million of likely unearned, but awarded tax credits anyway. The businesses didn’t really create the jobs they said they had in order to get the credits or the MEDC just gave them credits without checking on job creation numbers… but that was money out the door — money that should have remained in our state’s coffers to help alleviate the budget crisis.
 
Limits to be placed on ObamaCare insurance coverage for dependents
Regulations drafted by the Obama administration show that there is a limit to the new requirement that health plans allow families to keep young adults on their policies up to age 26. In addition, families can be charged more for coverage of the young adult to the extent individuals can be required to pay more under their health plan.
 
Obama Threatens Veto of Obamacare as Cost Estimates Soar Above $1 Trillion
The politically explosive revelation, which is likely to give new impetus to the GOP’s repeal movement, came after the Congressional Budget Office (CBO) said the law potentially could add at least $115 billion to government healthcare spending over the next 10 years.
 
Obama Administration Targets Military for Pay Reductions
President Barack Obama — who came to power with the help of government employee unions across the nation and has lavished on them hundreds of billions in stimulus funds to keep them on federal, state and local payrolls with no strings attached — is moving to cut spending on salaries for military personnel. Our own Republican Senator Randy Richardville here in Monroe voted to cut the Military Veterans Benefits in the 2009-2010 appropriations Bill by 37.7 million dollars! Begs the question, what’s the difference between Obama’s administration and Richardville? Not much! They both support the Service Employees Internation Union (SEIU)!
 
U.S. reverses stance on treaty to regulate arms trade
The decision, announced in a statement released by the U.S. State Department, overturns the position of former President George W. Bush’s administration, which had opposed such a treaty on the grounds that national controls were better. The Obama administration is attempting to use tactics and methods of gun control that will inflict major damage to our 2nd Amendment before US citizens even understand what has happened.
 
European Debt Crisis Will Eventually Hit U.S.
A weaker European economy could reduce demand for U.S. exports, as European consumers cut back their purchases of autos, appliances and other goods.
 
The Welfare State’s Death Spiral
What we’re seeing in Greece is the death spiral of the welfare state. This isn’t Greece’s problem alone, and that’s why its crisis has rattled global stock markets and threatens economic recovery. Virtually every advanced nation, including the United States, faces the same prospect. Aging populations have been promised huge health and retirement benefits, which countries haven’t fully covered with taxes. The reckoning has arrived in Greece, but it awaits most wealthy societies.
 
Conservative wins Republican Kentucky Senate race
Opinion polls have found voters in a sour mood fueled by distrust of Washington and worries that neither party is doing enough to rescue the economy and restrain government spending.
 
U.S. Debt Shock May Hit In 2018, Maybe As Soon As 2013
“Nobody knows when you bump up against the limit, but you know when it happens it will really hurt,” said fiscal watchdog Maya MacGuineas of the Committee for a Responsible Federal Budget.
 
NFIB Confirms Health Care Law Bad For Workers
This is confirmation for every person worried about their job or looking for work, that the health care law is only making matters worse.  If it is bad for small businesses, it is bad for America, and this health care law is bad for both.  Instead of increasing costs and adding new mandates on employers, we need to lower their costs so they can start hiring again. With Michigan’s already high cost of doing business and tax burdens leveled on them, we need a total revamp of the Michigan Business Tax structure to promote jobs and make Michigan a place were businesses want to locate.
 
Bank of England Governor: US Faces Same Danger as Greece
The United States is facing the same fiscal problems as Greece, says Mervyn King, Governor of the Bank of England. King is not the only leading opinion-maker worried about the parlous fiscal state of the United States. Nouriel Roubini, appearing on Fox News, notes that the fiscal crisis started in 2007 with too much debt in the private sector.
 
DHS to States: Pleeease Spend This Money!
States don’t want to implement REAL ID, and the American people don’t want a national ID, but the DHS bureaucracy is rattling cages to try to get money spent purely for the sake of spending. It’s flabbergasting. As both the states and the Federal government face increasingly tough budgeting decisions, it is more important than ever that these available funds be utilized. Senator Randy Richardville serves on the Homeland Security committee.
 
Why the Stock Market Could Crash This Year
Investors wondering about the U.S. stock market’s future course are focusing on this question: Will the debt crisis ravaging European banks and the bursting of the Chinese housing bubble affect America’s economy and corporate profits? It’s becoming increasingly difficult to claim that these global storms won’t ever reach America’s shores. But even more worrying — the fundamentally unsound U.S. economy is in a poor state to withstand such shocks.
 
The People are the only sure reliance for the preservation of our liberty
Thomas Jefferson
 
 
Advertisements
  1. Week in review « Craig W. Wright

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: