Originally posted in a LVRJ Forum
Trust "sweeping" (as it's euphemistically called) is such a perfect scam for the crooked politicians. Benefits are promised sometime in the distant (unseeable) future. Higher taxes *today*. The money sits there until they steal it to pay for some scheme completely unrelated to the one they sold us on.
In the case of education trust funds, that pilfered money has to be repaid. Sometime. In accounting terms that's a long-term liability, ie a LOAN.
So much for a balanced budget.
Showing posts with label Special_Session. Show all posts
Showing posts with label Special_Session. Show all posts
Monday, March 1, 2010
Lawmakers Reach Deal To Protect BIG Government
Originally posted in a LVRJ Forum
Horsefürd said There are certain parts of this plan each one of us don't like.
Yes, the parts which allow taxpayers to escape with their lives.
Another victory for the BIG government coalition. AB-6 was the tax bill. In the Assembly, RINO (and future Raggio replacement) Gansert (and her fellow RINOs) voted with Buckfee for higher taxes. In the Senate, RINOs Raggiowe and Townspend maintained their BIG government 30 year hitting streaks.
In the Assembly, Don Gustavson (R-Sparks) was a notable NAY vote. He will be resigning his seat to run for State Senate. He's pretty good. He deserves our support.
Horsefürd said There are certain parts of this plan each one of us don't like.
Yes, the parts which allow taxpayers to escape with their lives.
Another victory for the BIG government coalition. AB-6 was the tax bill. In the Assembly, RINO (and future Raggio replacement) Gansert (and her fellow RINOs) voted with Buckfee for higher taxes. In the Senate, RINOs Raggiowe and Townspend maintained their BIG government 30 year hitting streaks.
In the Assembly, Don Gustavson (R-Sparks) was a notable NAY vote. He will be resigning his seat to run for State Senate. He's pretty good. He deserves our support.
Republicrat Consensus
Originally posted in a LVRJ Forum
The rare bipartisan accord between the Republican governor and the Democrat-controlled Nevada Legislature
What the heck are these reporters talking about? Their differences are tiny compared to their BIG government consensus.
The biennial budget is funded through sales taxes, gaming taxes, business taxes and so forth. This represents what the crooked politicians can discretionally spend. A year ago those taxes were generating ~$3.0B/yr. Fibbons proposed a budget with room taxes and higher sales taxes to lift that figure to $3.2B/yr. The DEMs gladly went along.
THIS WAS THE CONSENSUS.
The Republicrat legislature wanted to spend $3.4B/yr. Only $200M/yr (6.2%) more than Fibbons.
Going into the weekend tax revenues had fallen to ~$2.4B/yr. Fibbons wanted an extra $50M-100M/yr. The Democrats all for it.
THIS IS THE $2.5B/yr NEW CONSENSUS.
Seems to me that the DEMs were pushing for only another $50M (2%) above that.
We have two political parties in this state. The Republicrats (the BIG Government Coalition) and the Small Government opposition (libertarians). The former has an ~80% market share. The latter <2%.
The rest are too busy watching TV to notice.
The rare bipartisan accord between the Republican governor and the Democrat-controlled Nevada Legislature
What the heck are these reporters talking about? Their differences are tiny compared to their BIG government consensus.
The biennial budget is funded through sales taxes, gaming taxes, business taxes and so forth. This represents what the crooked politicians can discretionally spend. A year ago those taxes were generating ~$3.0B/yr. Fibbons proposed a budget with room taxes and higher sales taxes to lift that figure to $3.2B/yr. The DEMs gladly went along.
THIS WAS THE CONSENSUS.
The Republicrat legislature wanted to spend $3.4B/yr. Only $200M/yr (6.2%) more than Fibbons.
Going into the weekend tax revenues had fallen to ~$2.4B/yr. Fibbons wanted an extra $50M-100M/yr. The Democrats all for it.
THIS IS THE $2.5B/yr NEW CONSENSUS.
Seems to me that the DEMs were pushing for only another $50M (2%) above that.
We have two political parties in this state. The Republicrats (the BIG Government Coalition) and the Small Government opposition (libertarians). The former has an ~80% market share. The latter <2%.
The rest are too busy watching TV to notice.
Saturday, February 27, 2010
Gibbons Caves
Originally posted in a LVRJ Forum
Ahead of the meeting, Gibbons was taking a hard-line barganing position.
What the heck is this reporter talking about?
The fact that Fibbons even *called* the session is a SOFT-line bargaining position. He could have just kept cutting budgets across-the-board and the Legislature would have been powerless to stop him. But then Fibbons would have been unable to maintain government at the BIG level he feels comfortable with. This is called "Conservatism".
We have one-party rule in this state. The left wing Socialists and the right wing Socialists.
Ahead of the meeting, Gibbons was taking a hard-line barganing position.
What the heck is this reporter talking about?
The fact that Fibbons even *called* the session is a SOFT-line bargaining position. He could have just kept cutting budgets across-the-board and the Legislature would have been powerless to stop him. But then Fibbons would have been unable to maintain government at the BIG level he feels comfortable with. This is called "Conservatism".
We have one-party rule in this state. The left wing Socialists and the right wing Socialists.
Patronage Education
Originally posted in a LVRJ Forum
Public education is used as a pretext to:
School board members say the Clark County School District will suffer if legislators take away funds used to make small capital improvements throughout the district.
Public education is used as a pretext to:
- impose tax increases (ie government services tax) to pay for *other* programs (bait-&-switch)
- reward politically connected bond salesmen
- enrich politically connected construction contractors
Why Horsefurd Wants More Kids In NSHE
Originally posted in a LVRJ Forum
How can your businesses grow if you have to look outside the state for college graduates?
An astonishing display of economic ignorance. Better to ask "How will government grow if we don't tax you to pay for it?"
How can your businesses grow if you have to look outside the state for college graduates?
An astonishing display of economic ignorance. Better to ask "How will government grow if we don't tax you to pay for it?"
Stealin Horsefurd: Economist
Originally posted in a LVRJ Forum
Horsefurd said How can your businesses grow if you have to look outside the state for college graduates?
An astonishing display of economic ignorance. Better to ask "How will government grow if we don't tax you to pay for it?"
Horsefurd said How can your businesses grow if you have to look outside the state for college graduates?
An astonishing display of economic ignorance. Better to ask "How will government grow if we don't tax you to pay for it?"
Wednesday, February 24, 2010
The 24x7, 365 De Facto Legislature
Originally posted in a LVRJ Forum
We don't need an *adjournment* strategy. We need a *convening* strategy.
This guy Fibbons has now given us FOUR special sesssions, the last three of which were called (at least officially) due to inhospitable economic conditions. Three events of the same type within 24 months hardly qualifies as "extraordinary". Economies fluctuate. Like the weather. Special sessions were meant for 6-Sigma events. Like foreign invasions.
Keep in mind that in between all this we've had two *regular* sessions. This guy Fibbons won't be content until we have a 24x7, 365 legislature.
Now that Fibbons has restarted the BIG government engine he can't stop it (even if he wanted to). Especially since he has given them an agenda which would fill a kitchen sink. Not unless the two legislative bodies can't decide among themselves.
Of course no modern special session commences without an understanding of its ground rules and the predetermined outcome so the Horsefürd birthday party is safe.
The BIG government juggernaut rolls on.
We don't need an *adjournment* strategy. We need a *convening* strategy.
This guy Fibbons has now given us FOUR special sesssions, the last three of which were called (at least officially) due to inhospitable economic conditions. Three events of the same type within 24 months hardly qualifies as "extraordinary". Economies fluctuate. Like the weather. Special sessions were meant for 6-Sigma events. Like foreign invasions.
Keep in mind that in between all this we've had two *regular* sessions. This guy Fibbons won't be content until we have a 24x7, 365 legislature.
Now that Fibbons has restarted the BIG government engine he can't stop it (even if he wanted to). Especially since he has given them an agenda which would fill a kitchen sink. Not unless the two legislative bodies can't decide among themselves.
Of course no modern special session commences without an understanding of its ground rules and the predetermined outcome so the Horsefürd birthday party is safe.
The BIG government juggernaut rolls on.
Tuesday, February 23, 2010
Not Paying Their Fair Share
Originally posted in a LVRJ forum.
Gold *above* ground is worth ~$1,100/oz. Gold *below* ground in a proven mine is worth $1,100/oz minus cost of production. The Mother Lode yet to be discovered in Eureka County is worth ZERO. Those early(est?) stages of production are where Gold Mining companies come in, so get off this Communist notion that the miners are "robbing us", or that we're being "plundered" by foreigners. It's not like these companies are excavating entire mountains intact and hauling them down to Argentina!
Gold *above* ground is worth ~$1,100/oz. Gold *below* ground in a proven mine is worth $1,100/oz minus cost of production. The Mother Lode yet to be discovered in Eureka County is worth ZERO. Those early(est?) stages of production are where Gold Mining companies come in, so get off this Communist notion that the miners are "robbing us", or that we're being "plundered" by foreigners. It's not like these companies are excavating entire mountains intact and hauling them down to Argentina!
Tuesday, February 16, 2010
Fibbons Calls Another Special Session
Originally posted in a LVRJ Forum
In Fibbons' upcoming (4th!) special session he'll be taking care of the Socialist coalition. From the extreme left (mining taxes) to the extreme right (warrantless searches to enforce victimless crimes) to the broad, BIG government Republicrat consensus in between. The only political faction he's willfully ignoring is the small government wing of his own party. Granted, that's a tiny (~1%) minority but he does so at his renomination peril.
In Fibbons' upcoming (4th!) special session he'll be taking care of the Socialist coalition. From the extreme left (mining taxes) to the extreme right (warrantless searches to enforce victimless crimes) to the broad, BIG government Republicrat consensus in between. The only political faction he's willfully ignoring is the small government wing of his own party. Granted, that's a tiny (~1%) minority but he does so at his renomination peril.
Monday, January 25, 2010
Balance the Budget But Keep Spending High
Originally posted in a LVRJ Forum
[Fibbons] is the only one who wants to cut spending
Fibbons does not really want to cut spending. He just wants to keep the budget *balanced*. If revenues were going up he'd be calling for MORE spending. Indeed, in Fibbons' FY '10/'11 budget proposal he promised that if/when revenues started growing again he'd call for a special session (make that 5) to RESTORE the public education reductions he was asking for.
It's the governor's constitutional duty to keep the budget balanced. Don't confuse him for a small government guy.
[Fibbons] is the only one who wants to cut spending
Fibbons does not really want to cut spending. He just wants to keep the budget *balanced*. If revenues were going up he'd be calling for MORE spending. Indeed, in Fibbons' FY '10/'11 budget proposal he promised that if/when revenues started growing again he'd call for a special session (make that 5) to RESTORE the public education reductions he was asking for.
It's the governor's constitutional duty to keep the budget balanced. Don't confuse him for a small government guy.
Thursday, December 3, 2009
What's Wrong With Public Education
Originally posted in a LVRJ Forum
To make Nevada eligible for a grant, legislators must repeal a law that bans using student test scores for purposes of evaluating teachers.
This situation represents everything that is WRONG with public education. Washington politicians dangle unconstitutional education money (pork) in our faces. Our crooked politicians scramble back into (yet another unnecessary) session to get their hands on the loot, so they can redistribute it to their friends. CCSD hires more education lawyers to file exemptions and figure out how to comply, grant writers to beg for more money, and administrators to provide "oversight". A new bureaucracy composed of statisticians, IT, etc gets created to manage all these new teacher evaluations. CCEA hires labor lawyers to challenge any evaluation criteria which might threaten the job of an incompetent teacher. And on and on and on. Is this a NIGHTMARE of central planning or what?!
Somewhere along the line a CCSD 12th grader is expected to learn how to construct a simple sentence and convert a fraction into a real.
To make Nevada eligible for a grant, legislators must repeal a law that bans using student test scores for purposes of evaluating teachers.
This situation represents everything that is WRONG with public education. Washington politicians dangle unconstitutional education money (pork) in our faces. Our crooked politicians scramble back into (yet another unnecessary) session to get their hands on the loot, so they can redistribute it to their friends. CCSD hires more education lawyers to file exemptions and figure out how to comply, grant writers to beg for more money, and administrators to provide "oversight". A new bureaucracy composed of statisticians, IT, etc gets created to manage all these new teacher evaluations. CCEA hires labor lawyers to challenge any evaluation criteria which might threaten the job of an incompetent teacher. And on and on and on. Is this a NIGHTMARE of central planning or what?!
Somewhere along the line a CCSD 12th grader is expected to learn how to construct a simple sentence and convert a fraction into a real.
Thursday, September 17, 2009
Club RINO
Originally posted in a LVRJ Forum
Looks like Senate ultra RINOs Raggiowe and Townspend want Fibbons to a call a special session in order to give them one more opportunity to vote for higher taxes. They're both term-limited out (Townspend in 2010, I think). If we had small government in this state, the biannual budget would be less than $200M. The budget would be in SURPLUS. That's right. Fibbons would have to call a special session to figure out how to REBATE all the money piling up in the treasury.
What's all this nonsense about school underfunding breeding lawsuits?! The legal (constitutional) minimum for K-12 is one school per district (18 statewide). Yep. The legislature could vote out of existence *everything* above that. Slam dunk.
The legal minimum for NSHE is three departments: Mining, Agriculture, and Engineering. Look it up. The legislature could dissolve DRI, UNLV, NSC, etc in one rollcall. In fact, the University of Nevada was originally endowed with capital sufficient to make it self-sustaining in perpetuity (taxpayer backup required only if some Regent bankrupted the trust). All students majoring in one of those aforementioned fields should be receiving free rides. or else paying just nominal tuition. The liberal arts students should be paying $600 per credit "user fees".
Only a RINO lawyer like Billus Raggiowe would resort to legal scare tactics.
Looks like Senate ultra RINOs Raggiowe and Townspend want Fibbons to a call a special session in order to give them one more opportunity to vote for higher taxes. They're both term-limited out (Townspend in 2010, I think). If we had small government in this state, the biannual budget would be less than $200M. The budget would be in SURPLUS. That's right. Fibbons would have to call a special session to figure out how to REBATE all the money piling up in the treasury.
What's all this nonsense about school underfunding breeding lawsuits?! The legal (constitutional) minimum for K-12 is one school per district (18 statewide). Yep. The legislature could vote out of existence *everything* above that. Slam dunk.
The legal minimum for NSHE is three departments: Mining, Agriculture, and Engineering. Look it up. The legislature could dissolve DRI, UNLV, NSC, etc in one rollcall. In fact, the University of Nevada was originally endowed with capital sufficient to make it self-sustaining in perpetuity (taxpayer backup required only if some Regent bankrupted the trust). All students majoring in one of those aforementioned fields should be receiving free rides. or else paying just nominal tuition. The liberal arts students should be paying $600 per credit "user fees".
Only a RINO lawyer like Billus Raggiowe would resort to legal scare tactics.
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