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Today is School Board Elections…Polls are open 10-8…  If anyone is sponsored by Markell or Rodell or RTTT or WSFS, don’t vote for them.. If anyone is sponsored by DSEA, they are on the students side. They are safe.

So go out and vote like a goat… Be…  B-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-a-D

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Top secret footage smuggled out of a recent DOE meeting showing what corporate education has planned and is planning for this year’s tests.

(Teachers, if you have similar experiences, send your stories under untraceable names to any of these addresses… Just drop the story in the comment tray at the bottom of any article and share your story…..   This is not time to be vindictive or name names; we’re  just trying to channel the information past those on top who are damming the natural flow….)

In alphabetic order:

https://kavips.wordpress.com

http://kilroysdelaware.wordpress.com/

http://mindofmrmatthews.wordpress.com/

http://transparentchristina.wordpress.com/

Send us your stories and we’ll mainstream them….  Looking forward to some good writing! …

Port of Wilmington: Delaware's Diamond
Photo Courtesy of Port of Wilmington.com

Delaware is poised to give Kinder Morgan, our port for free. Well not exactly but on a percentage scale to Kinder Morgan, that is what it would come to.

This could easily have been done, if our government handled everything in secret. Pay a few people off, sign the contract; the yellow smoke appears, and Delaware fades into oblivion (Shrek Forever After image).

But, Delaware is a government of the People, for the People, and of the People. We found out.

There is a reason you have presidents of stockholders. Because naturally every one has a certain slant of opinions and one has to listen to a lot of hot air by listening to everyone’ parents complain. Having a chief executive cuts that process out and gives us simplicity required to get things done in a timely fashion. If people differ then they can take it up with the chairman and organize a revolt if necessary…

Hence in Delaware we have reached the point where we have a chief executive making the decisions and a lot of revolt steaming underneath.

So up to now, the unanswered question has been: how much should we charge? Just using the simple criteria of buying a house as an example, we can come up with a minimum figure.

When you sell a house you ask for:

  • Down payment: 5 percent
  • Interest rate: 3.26 percent

Next step is to figure out exactly what our port is worth to us.

If we just take the cumulative $250 million the state has made off the port in tariffs since taking ownership and providing records since 1996, we have a minimum guideline. In tax revenues alone over 50 years, to maintain the status quo, we need the  minimum of a $781  (250/16 X 50) million asking price.

Using the criteria above, we should then require 5% or 39 million down payment, and run the existing remainder through the standard mortgage calculation at 3.26%…

(Remember we are not figuring out the best deal, but the best worst deal for which we can afford to give up our beautiful port)

So financing the remainder $742 million over 50 years at 3.26% we should be asking directly for $$1,505,000.000 (billion) spread over 600 payments on top of that 5% down…. Even this paltry price would bring into the state a monthly income of $2.5 million (that is monthly!)..

As an aside, the equivalent of interest we would be receiving over time, would be $706  million. Not much over 50 years but a lot better than a loss.

As we have heard from many, giving the port up for free (as is being proposed by the secret deal of Alan Levine with Jack Markell’s blessing), hurts very many people…

So being realistic, if we have hurt on one hand, and benefit on the other, we need to make sure the overall benefit we get at least matches the hurt we are about to cause,… in order to simply break even.  Since breaking even is not a really the best business decision, we should be looking at doing a little or a lot better than breaking even…

Our lowest minimum price can be $1,544,000,000 (billion) meaning we lose out on anything less.

How much is the Kinder Morgan Deal? $200.5 million. Just 13% of the minimum price we will need to require for purchase… .

I just laid down a stinging rebuke over at Delaware Politics of the Right’s assertion that Obama caused the Sequester. The aim of their article was to blame President Obama for coming up with the sequester about to floor us on March 1st.. Nothing could be further from the truth… For in negotiations, it is not who comes up with an idea that matters, but who provides that idea with enough support, that it becomes so.

It appears that the sequester idea when it first appeared was nothing more than a leaf falling off a tree.

The sequester began in the budget crises of 2011. Here are the facts.

  • For the first time in history, the Tea Party forces Republicans to put limitations upon the raising of the debt ceiling.
  • On May 16 the US goes into technical default, but weaseling can extend the money until August 1.
  • April 2011: Obama says debt limit must not be tied to any other deals.
  • May 11th; Obama’s chief economic advisor writes that hobbling the debt limit would be “insane”.
  • May 31st; 2011; Obama’s request for a clean debt limit is voted down in the House; All 236 Republicans vote no.
  • Up thru August, Republicans were screaming “it’s gotta’ have catastrophic budget cuts” and Obama said “no”.
  • Republicans caused Standard and Poors to collapse our rating. Republicans insisted they didn’t care and would still default.
  • The White House asked:  if we could “guarantee that cuts would occur in the future” would Republicans climb on board?
  • They said” yes”; as long as it was solid law that the sequestration would eventually take effect, they would raise the ceiling
  • Finally, when the Budget Control Act was passed, it was the Republicans who passed it. 218 voted yes for sequestration. It could not have passed without their support.

Bottom line, no matter who brought up the idea or where it came from, if Republicans had acted rational at any point along the way, we would not be on the edge of losing 700,000 jobs this March, 2013.

John Boehnor, and Delaware Politics spent much time saying that Obama is the author of sequestration….

Red State Politics disagrees….

Here is their quote…

“Republicans act as if the sequester is a natural disaster. They make no mention of the fact that they caused it and voted for it knowing that the sequester would take effect.... So why did they vote for it? None of them ever connect the dots and apologize for voting for it. The reality is that John Boehner said that he got 98% of what he wanted from the deal…..”

There you have it. If Red State proudly stands up and takes credit for engineering and forcing the sequester to tighten the vice grips upon the American economy,  I certainly not going to stand in their way.

For Delaware Politics to go against Red State, and point their finger at Obama as originator of the “sequester”, can only show Delaware Politics doesn’t have the balls to be anything close to a real Conservative…   They are Faux Conservatives at their best…  or Ostrich Conservatives the rest of times, when they are not even close to being at their best.

Despite any words otherwise,  Republicans own this sequester; good or bad.

Why is gas so high?

The beginning year budget compromise only raised capital gains 5%.  Not enough to discourage making billions on oil hedge funds.

2011  the first year of the Tea Party,  441 million barrels were paper stock.

2012 the second year of  the Tea Party, 422 million barrels were paper stock.

2013 we are already at 220 million barrels in paper stock.

Regular Gas will be $3.73 a gallon very soon, the highest since 2008.

It is nice we will see 5% more in tax revenue off of capital gains.  However to achieve that it also means the average family will now pay over $5000 in gas costs per car.  Without the influence of hedge funds that cost would be  $700 less, or over $4300 per car.

Coupled with a 2% payroll tax increase, this recent gas spike is drying up the economy. Wal*mart is already freaking out over a record loss of its first of the year’s sales.

Without a growing economy, we are in for more of the same economic gloom we’ve had the past 2 years, ever since the Tea Party was elected..

Nothing will change until we peg capital gains to the income tax rate. 42%.

Suddenly because hedge funds will no longer be profitable, no one will invest in them.  Our gasoline prices will continue to remain low, and the economy will boom….

The silver bullet to growing the economy is  raising taxes overall and  really sticking it to capital gains…..

 

 

During the nineties there was discussion of rogue waves the sometimes show up in the Southern reaches of the Indian Ocean. As one who has studied physics knows when a wave is put upon another wave, it absorbs that wave’s energy and creates one wave the size of both. Sometimes three or four waves randomly fall in the path of each other and a giant wave, capable of swamping a tanker comes out of nowhere….

This week we have something similar….

The fiscal cliff… pressure on the economy.

The Longshoreman’s strike…. pressure on the economy.

Open war in Israel/Palestine over the new settlements announced today….

We may have dodged one end-of-the-world, to be capsized by the wave of another….

They say no to raising the top marginal rate. It must be raised. Here is why.

We have two problems not one. The fiscal cliff AND habitual 8% unemployment.

Here is what the American people said they wanted. Higher marginal tax rates on the wealthy. Even a majority of those supporting Mitt Romney, still supported tax increases on the top one percent… Put bluntly, 99% of the people want the 1% to pay more….

Here is what John Boehner, Mitch McConnell, and Tom Carper are proposing. Cut loopholes and stop tax breaks. On paper loopholes amount to roughly $1.1 trillion of uncollected money. The IRS says we actually collect $1.2 trillion dollars each year. Putting the two together, we should be collecting $2.3 trillion per year….

Just looking at money, dollars for dollars, one might say why not? The reason is because higher marginal tax rates create lots of jobs,; getting rid of deductions, don’t….

At the core of this paradox is a very basic human principal. When you give people too much money, they become lazy. Once you get past the point where you possess more money than you can ever spend, getting tied up in the day to day running of business is beneath you. Instead you bet!.. You bet on hedge funds, you bet on stocks, you bet on Treasury Bonds, you bet on the Libor. You bet on real estate…. You bet on the fourth race in the Preakness…. But you don’t build a business from the ground up…. You don’t create new jobs…

Seriously, if you were handed a jackpot of $100 million, would you put it all into a new enterprise, where you might not see the return until 20 years? Or would YOU, put it in the first fund you found, and just live off the interest? I know which I’d do….

Bottom line, just handing people money with no strings attached, is very bad for the economy….

Now if you cut out a deduction, you change more than just the money you spend. For instance, if you cut out your mortgage deduction completely off your 2012 tax return, you’ve actually changed how much your house costs. It might be cheaper to rent, and never buy. The recovering housing market could collapse once again. So one has to be careful.

Likewise, a business getting a tax credit for hiring hard-to-hire workers, once it is gone, has no reason to do so. It becomes much harder for first time workers, or long term unemployed to get work. Why should a business risk them when for the same amount, they have someone already proven?

These tax cuts (deductions) are there to modify behavior. Playing with the deductions, also plays with the actions parties will soon take once they are gone.

Just curious, why is there animosity from these three politicians towards higher rates,and an attempt to circumvent the will of the American people who said, we want higher marginal tax rates?

They are trying to protect the Koch Brothers, and those like them. Here is how it works. If your income is a billion dollars, and the tax rate jumps 10%, roughly you will be asked to cough up an additional $100 million dollars. But if you instead, get rid of the mortgage deduction on your primary residence? …. Who pays $100 million dollars in mortgage expenses? You would need a billion dollar home. Most likely you have a $10 million dollar home. That means you lose $1 million dollars under the Boehner, McConnell, Carper plan, instead of the $100 million dollars under the American People’s Plan…. So, of course you don’t want rates to go up….

Now, look at us… Which of these two totals do we think we need to invest into our economy. Which would grow more jobs… $100 million reinvested, or $1 million reinvested. If you said $100 million, you just understood why John Boehner, Mitch McConnell, and Tom Carper are wrong. We need higher marginal tax rates!

The whole purpose of raising the tax rates, is to make reinvesting in America cheaper than investing in China and paying higher taxes…. When rates are high, you report less profits to make sure you pay less taxes… That other profit that went unreported, got funneled back into your business as an investment, which, incidentally grows quite a few jobs….

Politico is reporting that the titians of industry are lining up to parade through Washington in support of higher taxes. They know that higher taxes create stability, and right now, the lack of stability is disrupting the economy.

A. The reason taxes are low, is because of Republicans (Tea Party).
B. Democrats tried to raise taxes in 2010, but Republicans stopped it in the Senate.

Politico even comments that… where as one would expect the titians of industry to support low taxes, they don’t. Low taxes cause growth to stalemate and die. Higher tax rates actually create stability. Politico reports that their “aim is simple: Get a big budget deal that provides stability for investors by eliminating the threats of government shutdowns, credit-rating downgrades, debt ceiling disasters and wide fluctuations in spending and tax policy”.

Everything this Republican House has caused. government shutdowns; credit rating downgrades, debt ceiling disasters, and wild fluctuating in spending and tax policy, everything Republicans have stood up for, IS VERY BAD FOR THE ECONOMY.

And so they are lining up to parade through Washington…. to? As Politico puts it… they are lining up to: offer Republicans cover from backlash from tea party supporters and anti-tax advocates if they sign on to anything that includes increased revenue.

Yep. Low taxes are bad for the economy. High taxes are good. The big whigs are going to provide “cover” (ie. campaign dollars) to squelch the wrongness of the Tea Party and nuts like Grover Norquist.

Why?

Because kavips was right. Higher taxes will explode economic growth and you had better have both hands free to scoop up the prosperity. It will be like a rushing mountain stream tumbling into a desert.

We all know it is true. It’s been true ever since we’ve been born….

Courtesy of Washington Times

Woo Hoo… but it is not what you would at first think……..

Facts:

The Average Canadian is Richer than the Average American. And you know that they say about averages, which means the lower levels here in America are way, way, behind……

Net worth of the average Canadian household in 2011 was $363,202, while the average American household’s net worth was $319,970.

Primarily, paying private health care costs in America and not in Canada makes up the difference.  This past years aging of the baby boomers has increased the medical costs to American society as a whole, and those retirement plans once listed on America’s books as assets, are now quickly being funneled into retirement homes, hospital death panels, and insurance exec’s 7th and 8th homes.

National Healthcare with a single payer system, appears to actually be beneficial for a nation as a whole.

Republicans will say “sure, Canadians may think they are richer, but they are not getting the quality  healthcare Americans get.  Actually that is true.  They appear to be getting better healthcare  and getting it with none of the extra expense.  A healthy 19-year-old Canadian can expect to have 52 more years of perfect health versus 49.3 more years for Americans.  Canadians have a universal healthcare service, which is free at the point of care, whereas Americans’ access to health insurance is usually based on employment, income through Medicaid, or age through Medicare, and not universal.

There is no logical reason not to have single payer health care:  one it is cheaper; two it is better; three we will have perfect health and live longer;

Here are the reasons against having a single health care provider:  less profit to those who own the stocks.

So, it becomes a balance of perfect health for 53 years for everybody in the country. …..  or……  someone else’s bank account growing a little bit more…

Hmmmm. I think having someone else’s bank account grow a little more, is far more important to me than whether or not I have a healthy life or get to pull a few extra years to live on this planet..  I will vote for Romney to get rid of  Obamacare.

Of course, expect to hear the touting of …. Socialism is better than Capitalism.

That depends upon your definition.  For you see, Canada has been under Conservative Control for a long time.   Since the 1990s, Canada has pursued a hardheaded (even ruthless), fiscally conservative form of socialism.  It is just that their conservatives are conservative, and not fanatics which has made all the difference.  The argument is still out there that “uncontrolled Socialism” might not have painted as pretty of a picture as this blend of Conservative Socialism has wrought.

The proper name being thrown around to describe Canada, is  now hybrid-economy, meaning it takes the best from both worlds and blends them together.  Sounds like marriage.

As a footnote it would be good to hit all conservatives with this hockey puck right between their eyes.

Classic conservatism aims to minimize government but that is a tertiary priority after one: doing what is effective and two: doing that which is lest expensive. Since the days of Nixon that message has been co-opted by the radicals to a single item: minimize government. That isn’t “conservatism”, that is fanaticism.

Under classic conservatism life’s basic needs are addressed effectively. Then the most efficient system is sought so the needed quality can be delivered at the lowest price. A true conservative will support a government program if such a system delivers the quality most efficiently. At this point in time, when the nation’s needs are being met and cost is under control, only then does the classic conservative oppose government expansion as a point of principle.

Conservatism in America is functionally dead. It has been replaced by propaganda designed to support plutocracy. The American government has been transformed into an engine which pumps money from the general public into the coffers of a very small sliver of the population.

What is called conservatism today has no resemblance to the genuine article. Doing what time has proven to work best is right down a conservative’s alley. And in the matter of health care, time has proven that universal access works best and is the cheapest.

May America’s true Conservatives have this epiphany and unite with her Liberals against the plutocratic cancer eating away at our great nation.

Footnote: American Conservatives believed in managed healthcare when it was created as the Heritage Foundation Plan; implimented as Romney-care; and tweaked as the Republican Senate’s Plan.  There is something seriously wrong with today’s Republicans.  Seriously wrong.  They need to go up to Canada and see a doctor.

This is going to my hard core Republican friends. Why are you still supporting Romney?

1) You know he is not going to win.
2) You know as the election heats up, his Bain Capital experience will make Republicans untouchable for decades.
3) You can’t pin down where Romney stands on anything.
4) He tied his dog to a car.
5) He stands with black people and says “Who let the dogs out, woof, woof.”

Most of you are telling me, “I certainly can’t vote for Obama. I guess I’m not voting for President this time.”

Let’s say, just for argument sakes there was a presidential candidate out there who says to have good government you need: …………………

1. Become reality driven. Don’t kid yourself or others.
Find out what’s what and base your decisions and actions
on that.

2. Always be honest and tell the truth. It’s extremely
difficult to do any damage to anybody when you are
willing to tell the truth–regardless of the
consequences.

3. Always do what’s right and fair. Remember, the more
you actually accomplish, the louder your critics become.
You’ve got to learn to ignore your critics. You’ve got to
continue to do what you think is right. You’ve got to
maintain your integrity.

4. Determine your goal, develop a plan to reach that
goal, and then act. Don’t procrastinate.

5. Make sure everybody who ought to know what you’re
doing knows what you’re doing. Communicate.

6. Don’t hesitate to deliver bad news. There is always
time to salvage things. There is always time to fix
things. Henry Kissinger said that anything that can be
revealed eventually should be revealed immediately.

7. Last, be willing to do whatever it takes to get your
job done. If you’ve got a job that you don’t love enough
to do what it takes to get your job done, then quit and
get one that you do love, and then make a difference.

Honesty. Integrity. Principal.

Sounds good so far. Let us say just for argument, he had chief executive experience. Let us say just or argument that he once ran a state, one of the fifty in this union. Let us say while governor, this is what he did…..

During his tenure, New Mexico experienced the longest period without a tax-increase in the state’s entire history.

1) He cut the rate of government growth in half,

2) Left the New Mexico state government with a budget surplus and 1000 fewer employees (without firing anyone),

3) Privatized half of the prisons in the state,

4) Brought a state-wide school voucher system to New Mexico.

5) Vetoed 750 bills (more than all the vetoes of the other 49 Governors in the country at that time, combined) with only 2 overrides, earning him the nickname Gary “Veto” Johnson.

6) In 1999, Johnson became the highest-ranking elected official in the United States to advocate the legalization of drugs.

7) Shifted Medicaid to managed care.

ISN’T THAT WHAT YOU WANT? ISN’T THAT WHAT WE NEED?

Can you not think of a better way to show your lack of enthusiasm over a wealthy capitalist buying his way to the top of your ticket, by voting for someone who has character, who does what you’ve always wanted, a doer, not a talker?

And to think…. you were simply just going to throw your vote away.

His name is Gary Johnson. He is the new party’s candidate for President.

Remember Republicans. It is your values that are important. If your party has given up and moved on from your values, don’t think you have to be loyal to the word…. “Republican”… What you have to be loyal too, is yourself. Always. Never lie to yourself.

You don’t need to waste your vote on Romney. You probably need to find more about this guy, Gary Johnson, and then throw your support behind him.

Don’t worry it is not one of the two parties on whose ticket he is running. Remember, at one point in time, the Republican Party was a once a third party too. One that went mainstream because of its core values, its principles resonated with everyday American People.