Political Corruption in Connecticut: Corrupticut Abides - Connecticut ... Magazine
June 2013
Excerpts: Malloy has assumed
broad discretion in handing out hundreds of millions of dollars in economic
development incentives, including $115 million going to Bridgewater Associates,
a Stamford hedge fund whose CEO is Connecticut’s wealthiest resident at a net
worth of more than $2.5 billion.
At the same time, Malloy has pushed changes that could place
an even bigger cloak over potential government corruption. He stripped Connecticut’s Freedom of
Information Commission of some of its power last year, and wants to consolidate
it and the state’s other independent “watchdog agencies” under one department
whose director would report to the governor.
Rowland’s resignation,
perhaps the darkest moment in the state’s recent political history, is almost a
decade in the past. But things haven’t changed nearly enough in the ensuing
years.
Read article in its entirety at http://www.connecticutmag.com/Connecticut-Magazine/June-2013/Political-Corruption-in-Connecticut-Corrupticut-Abides/
Testimony: Donovan's biggest money men
had stake in legislation
What did Donovan do? Part 2
May 22, 2013
From: The Federation of
Connecticut Taxpayer Organizations
Contact: Susan Kniep,
President
Email: fctopresident@aol.com
Website: http://ctact.org/
Telephone: 860-841-8032
Also Check Out the following below:
How The Obama Gun Boom Pushed The Fortune Of
Two Brothers To $1.2 Billion, U.S. hits debt ceiling: Why it matters, Scott Walker offers CT GOP a conservative prescription, Apple Paid Little Or No Taxes To Any Government On Billions In ...
Profits: Senate Report, Connecticut Legislature: Tension Rises As Votes To Change Spending Cap Disappear, CBO: Obama Vastly Exaggerated Deficit Cuts In
Budget, Labor unions break ranks with White House on ObamaCare,
Student debt weighs on overall economy, Student Loan Bill from Sen. Elizabeth Warren Gains Traction ...,
How the Obama Scandals Could Hurt Financial
Markets, Obama dealt second court defeat over NLRB
recess appointments, These California cities could be next in bankruptcy - USA Today,
Oakland County vows to take fight real estate tranfer
tax fight to Supreme Court, Connecticut budget deficit and why you should be worried
Visit the State of
Connecticut Transparency Website
For State Employee Salaries, Benefits, and
Pension Info and Vendor Payments
How The Obama Gun Boom Pushed The Fortune Of Two Brothers To $1.2
Billion
Forbes Magazine: June 09, 2013 Issue ……….guns are the real
moneymaker, and while fears of future gun restrictions have spurred sales for
the entire industry, no company has benefited quite like Cabela’s.
Shares have increased by 95% in the last year and are up more than 70% already
in 2013. That makes Cabela’s stock the
best-performing in the firearms industry and one of the top-performing stocks in
the U.S.
in the last year. The company’s two biggest shareholders, founders Richard and
James Cabela, have seen the value of their combined
25% stake jump to $1.2 billion from $750 million at the start of 2013. Continue
reading at ….. http://www.forbes.com/sites/nathanvardi/2013/05/21/how-the-obama-gun-boom-pushed-the-fortune-of-two-brothers-to-1-2-billion/
U.S. hits debt ceiling: Why it matters
- May. 16, 2011 - CNN Money
NEW YORK (CNNMoney) -- It's
official: The U.S.
government hit the debt ceiling on May 16.
Treasury Secretary Tim Geithner told Congress
he would have to suspend investments in federal retirement funds until Aug. 2 in order to create
room for the government to continue borrowing in the debt markets. Continue
reading at ….. http://money.cnn.com/2011/05/16/news/economy/debt_ceiling_deadline/index.htm
Scott Walker offers CT GOP a
conservative prescription
Raucous union demonstrators outside a Connecticut Republicans’ fundraiser Monday showed that
Gov. Scott Walker of Wisconsin
remains a lightning rod for curtailing the collective-bargaining rights of
public employees.
Apple Paid Little Or
No Taxes To Any Government On Billions In ... Profits: Senate Report
Connecticut Legislature:
Tension Rises As Votes To Change Spending Cap Disappear
CBO: Obama
Vastly Exaggerated Deficit Cuts In Budget
May 17, 2013 Investors Business Daily When Obama put out his budget in mid-April he said that it
"will reduce our deficits by nearly another $2 trillion," and
"does so in a balanced and responsible way, a way that most Americans
prefer." But the CBO report finds that Obama's budget will
cut 10-year deficits by just $1.1 trillion, with annual deficits starting to
rise again after 2017. Continue reading
at …. http://news.investors.com/051713-656551-obama-exaggerated-spending-deficit-budget-cuts.htm
Labor unions break ranks with White
House on ObamaCare Labor unions are breaking with President Obama on ObamaCare. Months after
the president’s reelection, a variety of unions are publicly balking at how the
administration plans to implement the landmark law. They warn that unless there
are changes, the results could be catastrophic.
Continue reading at ….. http://thehill.com/business-a-lobbying/300881-labor-unions-break-ranks-on-health-law
Student debt weighs on overall economy
Cliff Peale, The Cincinnati Enquier
May 19, 2013 Student loan debt
grows to $986 billion, according to reports. It's now 8.8 percent of all
consumer debt, up from 3.1 percent in 2004. Experts fear 'college bubble' that
could endanger national economy.
Continue reading at ….. http://www.usatoday.com/story/news/nation/2013/05/19/student-debt-weighs-on-overall-economy/2321133/
Student
Loan Bill from Sen. Elizabeth Warren Gains Traction ...
By John Sandman | TheStreet.com – Fri, May 17,
2013 6:40 AM EDT NEW YORK (MainStreet)—Senator Elizabeth Warren (D-Mass.) is gathering support
for her bill to lower federal student loan interest rates to the level
of the fed funds rate, but so far there hasn't been any movement on the
one-year time frame. Also see: The
Geography of Student Debt A House bill that is a companion to The Bank
on Students Loan Fairness Act, which drops the rate on federally subsidized Stafford loans from the Department of Education, has been
introduced in by Rep. John Tierney (D-Mass). Warren's bill already has a co-sponsor in the
Senate by Jeff Merkley (D-OR). Continue reading at ….. http://finance.yahoo.com/news/student-loan-bill-sen-elizabeth-104000901.html
How the Obama
Scandals Could Hurt Financial Markets
Obama faces a trio of political problems that seem to be cresting
at roughly the same time. The squabbling over last year’s attacks in Benghazi,
Libya—and the conflicting ways Obama and his deputies
characterized them afterward—seems to be intensifying rather than petering out,
as new information becomes available. Then there’s the IRS, which recently
acknowledged targeting conservative political groups for aggressive enforcement
of tax laws, while failing to disclose what it was up to. The Justice Dept.,
meanwhile, still hasn’t explained why it secretly accessed the phone records of
Associated Press journalists last year, in what appears to have been a
heavy-handed effort to spy on reporters writing about U.S. counterterrorism efforts in Yemen.
A federal appeals court has ruled that a recess appointment
to the National Labor Relations Board (NLRB) was unconstitutional in a decision
echoing a January case that cast doubt on the legitimacy of the agency's
actions. Continue reading at
http://thehill.com/blogs/regwatch/labor/300273-court-rules-against-nlrb-recess-appointment
These California cities could be next
in bankruptcy - USA Today
William M. Welch, USA TODAY
Since a federal judge ruled in April that Stockton, Calif.,
can pursue bankruptcy protection, the question has been which of the state's
fiscally troubled cities will be next. These 10 are facing the kind of serious
financial stress that sent Stockton
and several other cities toward bankruptcy.
STORY: Calif. cities looking for economic recovery
• Atwater. This farm city in the Central
Valley declared a fiscal emergency in October with a $3 million
deficit and appeared poised for a bankruptcy filing. City leaders say they
pulled the city back from the brink after winning concessions from unions to
cut costs. The deal cuts pay 5% for city workers, including police. Last month,
voters approved a half-point sales tax increase to 8%. The city has cut jobs
but struggled as costs on a new water treatment plant exceeded $85 million in
bond financing. Continue reading at …..
http://www.usatoday.com/story/news/nation/2013/05/15/ten-california-cities-in-distress/2076217/
Oakland County vows to take fight real
estate tranfer tax fight to Supreme Court
Detroit Free Press May 20, 2013
See all stories on this topic »
Oakland County is vowing to take
its fight against Fannie Mae and Freddie Mac to the U.S. Supreme Court in an effort to get millions
in real estate transfer taxes from the mortgage giants. The county was dealt
a blow in the battle Monday when a federal appellate court tossed out its
lawsuit seeking $12 million in unpaid real estate transfer taxes. The county
says it’s owed $1.5 million and the State of Michigan is owed $10.5
million. The county filed suit in June
2011 against the Federal National Mortgage Association, known as Fannie Mae,
and the Federal Home Loan Mortgage Corporation, known as Freddie Mac, saying
the lenders owed taxes dating back to 2005. The two lenders argued that since
they were created by federal charter, they are government entities and therefore
exempt from taxation. Continue reading
at …..
http://www.freep.com/article/20130520/NEWS03/305200113/Oakland-County-vows-take-fight-real-estate-tranfer-tax-fight-Supreme-Court
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Connecticut budget deficit and why you
should be worried