March 21, 2009
John Dickert for Mayor Campaign Requests Food Donations from Debate Watchers Monday, March 23rd at Gateway Technical College, Racine Campus
Racine mayoral candidate John Dickert asked citizens plan to attend the mayoral debate on Monday (detail) to bring along a non-perishable food donation for (name of organization).
“One of the main points of my campaign is creating partnerships to rebuild Racine’s neighborhoods. This event is an excellent opportunity for individuals to express their personal dedication through a concerted effort to fill Racine’s food pantries. Racine’s food pantries are being used now more than ever, and this effort is just the beginning of bringing a sense of community back,” said Dickert.
Dickert has been emphasizing that it will take everyone working together to improve Racine.
“I’m asking everyone attending the debate to bring a food item to demonstrate a sense of community. Neighbors volunteering to help neighbors: That’s where it all starts,” said Dickert. Ten neighbors with a can of food can feed a family. Twenty with a hammer and nails can rebuild a neighborhood. One hundred with a vision can rebuild a city.”
Dickert’s campaign commitment for aggressive, positive and long-term city development revolves around three primary themes:
- Stimulate Racine’s economic development and job creation through city promotion, a focus on infrastructure improvement and private partnerships.
- Redevelop Racine’s housing through a focus on private home ownership, rehabilitation of existing homes and comprehensive, yet targeted, neighborhood redevelopment.
- Strive to eliminate crime and gangs through a combination of the opportunities created by better jobs and enhanced home ownership coupled with a city-wide zero tolerance policy for drug and gang activity.
Gateway Technical College - Racine Campus
March 23rd, 2009
Organization Expo - 6pm
Candidate Forum - 7pm
Bring a non-perishable items for donations; this will benefit Racine County Food Bank.
March 20, 2009
March 19, 2009
I am sorry to inform you that I will not be able to pay taxes owed April 15, but all is not lost.
I have paid these taxes: accounts receivable tax, building permit tax, CDL tax, cigarette tax, corporate income tax, dog license tax, federal income tax, unemployment tax, gasoline tax, hunting license tax, fishing license tax, waterfowl stamp tax, inheritance tax, inventory tax, liquor tax, luxury tax, Medicare tax, city, school and county property tax (up 33 percent last 4 years), real estate tax, social security tax, road usage tax, toll road tax, state and city sales tax, recreational vehicle tax, state franchise tax, state unemployment tax, telephone federal excise tax, telephone federal state and local surcharge tax, telephone minimum usage surcharge tax, telephone state and local tax, utility tax, vehicle license registration tax, capital gains tax, lease severance tax, oil and gas assessment tax, Colorado property tax, Texas, Colorado, Wyoming, Oklahoma and New Mexico sales tax, and many more that I can’t recall but I have run out of space and money.
When you do not receive my check April 15, just know that it is an honest mistake. Please treat me the same way you treated Congressmen Charles Rangel, Chris Dodd, Barney Frank and ex-Congressman Tom Daschle and, of course, your boss Timothy Geithner. No penalties and no interest.
P.S. I will make at least a partial payment as soon as I get my stimulus check.
The U.S. government bought an 80% ownership stake in AIG last fall – over the 12 previous months, millions of sensible people all over the world sold their shares of AIG. There is a good reason for this; AIG bet the ranch insuring sub-prime mortgages against foreclosure and lost.
Their executives say they didn’t know the risk; since risk is all there is to the insurance business, that makes them the worst insurance company in the world. Or they are lying, which would also make them the worst insurance company in the world.
No one in their right mind wanted to own a share of AIG in August of 2008. Enter a buyer with no right mind – the U.S. Government – to step in and buy AIG for $170 billion. The firm responded to this ridiculously large cash “stimulus” by turning in the largest single quarterly loss in the history of insurance.
And now they have paid out $450 million in performance bonuses; which the new owner of AIG - the U.S. government - did not know about until they saw it on TV Sunday morning. For the past two days, every politician who could grab a microphone has been vilifying AIG executives and managers.
Freshman year business students take a note: there is a lot more to running a business than shoveling a boatload of cash at the enterprise and scolding the employees.
The problem at AIG is not the bonuses; they are insignificant in terms of the total cash flow of the firm. From what I have read, most of the bonuses are contractually obligated. It is common for key employees in firms to be paid a lower base salary and variable bonuses based on defined performance objectives being achieved.
Sophomore year business students take a note: when you buy a company, the time to learn about these contracts is in the due diligence before you buy it.
Employment contracts are inviolate, and a dangerous precedent is set when the government retroactively abrogates contracts. Sen. Charles Schumer proposes a law that will tax these bonuses at 100% - easy for him to say since bills of attainder and ex post facto laws are both prohibited in the Constitution. Sen. Grassley suggested the AIG executives commit suicide.
Junior year business students take a note: you cannot encourage your employees to kill themselves. You will get your sued into oblivion for saying things like this.
AIG illustrates the insanity of nationalizing corporations and knee-jerk government intervention into markets. These guys have never run a business; they have no idea what they are doing, and with each week this becomes more obvious. This is nothing to be ashamed of; it is simply impossible to manage the U.S. economy, and no one could possibly do it, not even President Obama and his team of very smart economists.
Senior year business students take a note: when you own a business, you own both its profits and its losses. Our little insurance company is costing us $20 billion per month; and we paid $170 billion for it. On your first job interview, tell them you don’t think this was a good business decision; it will make a good impression.
Markets are imperfect, but they correct their mistakes quickly and efficiently. Government does not correct its mistakes, it enlarges and perpetuates them. Its answer is always more of same: more spending, more borrowing, more taxing, more bailouts, more regulation, more hearings, more outrage, more nagging, more government, more scolding. And nothing will change; AIG is going to keep asking for more money, and Congress will give it to them.
As ridiculous as the AIG bonuses seem, I seem to be the only one outraged over what AIG does with the real money - hundreds of billions - we are pouring down its rat hole. It pays out on insurance policies it sold to banks against defaults on all those stupid subprime loans they wrote. If the banks have insurance against their losses, why are we bailing out both the banks and their insurance company? And the deadbeats, too, for that matter. How did we get stuck holding three bags here?
Congresswoman Tammy Baldwin voted for all of this ugly mess – bailouts, stimulus, TARP I, massive deficit spending, earmarks, government ownership of AIG, Fannie Mae, Freddie Mac, Wells Fargo, Bank of America, Citigroup, TARP II.
And Congress is where the outrage of the country should be directed. These guys messed up the economy, then messed it up worse trying to fix it, then threw up their hands and left it for Bush to figure out, then Obama. Last week, the Fed (Lord help us) stepped in to fill the vacuum, but only because Congress has done virtually nothing to stabilize the financial system, where all of this started to come apart over a year ago now.
Throw ‘em all out. Start over. We can do better then this.
-- Todd Welch-----------------------
Liberty in Wisconsin: www.LibertyWisconsin.com
Campaign for Liberty: www.CampaignforLiberty.com
March 18, 2009
Fannie plans bonuses of up to $611K for 4 execs
By ALAN ZIBEL – 5 hours ago
WASHINGTON (AP) — Fannie Mae is planning to pay retention bonuses of as much as $611,000 each to several top executives of the government-controlled mortgage finance titan. Sibling company Freddie Mac is planning similar awards.
Fannie Mae disclosed in a recent filing with the Securities and Exchange Commission that it's planning bonuses of $470,000 to $611,000 for four top executives, on top of their base salaries this year.
Freddie Mac has a similar retention plan in place, but has yet to disclose how much money top executives are in line to receive.
March 17, 2009
High-speed Detroit-Lansing rail line envisioned
BY CHRIS CHRISTOFF • FREE PRESS LANSING BUREAU CHIEF • March 17, 2009
LANSING -- Are we ready for a high-speed, hydrogen-powered, magnetically-driven rail line from Detroit to Lansing?
A state House task force hopes to find out in hearings on an ambitious plan by private investors to build a first-of-its-kind rail line along state freeways.
The elevated rail line would use cars -- built by Detroit Three automakers -- that would use solar energy to power hydrogen batteries, said Justin Sutton of Whitmore Lake, founder of Worldwide Hydrogen Super Highways, which has designed the rail system.
The batteries would power a magnetic field to drive the trains along stainless steel tracks, capable of speeds approaching 200 m.p.h.
The tracks also would serve as conduits for fiber-optic lines and other utilities, Sutton said. He said the use of hydrogen, a highly flammable gas, would be safe.
The rail company would share profits 50-50 with the state and local communities through which the elevated track passes. Sutton said no public money would be used, but the company needs state permission to use freeway right-of-way land.
Sutton said 200 investors from around the world form the Interstate Traveler Co. LLC, which would build the rail line. The line would cost up to $15 million per mile to build. Two lines between Detroit and Lansing and Detroit and Ann Arbor would cost about $2.3 billion.
He said if the state gives quick approval for the right-of-way land, construction on the Detroit-Lansing rail could begin in mid-2010.
The bipartisan House task force is led by Rep. Bill Rogers, R-Brighton, and Wayne Schmidt, R-Traverse City. Rogers said the task force will consider the rail line's environmental impact, as well as its technological and financial viability.
Hearings will be held in Detroit, Ann Arbor, Lansing and Grand Rapids. Dates have not been set.
"It could be the way we move people, freight and utilities in the state, in the country," Rogers said.
The magnetic rail cars would carry passengers, vehicles (like a ferry) and freight. Sutton said the rail line could be used by many private operators that own the cars, similar to railroads that are shared by railroad companies.
Rail stations would be built at every freeway interchange along I-96 for the Detroit-Lansing line, Sutton said.
He said the rail company would make money through fares, advertising in stations and leasing the rails for utility lines.
Magnetic trains are used in a few other countries, but those systems use conventional electric power, not solar-powered hydrogen batteries, Sutton said.
Contact CHRIS CHRISTOFF at email@example.com.
MADISON - State policymakers who are interested in improving the quality of teaching in Wisconsin's public schools should consider offering an effective alternative form of teacher certification, according to a research report released today by the MacIver Institute for Public Policy. Genuine alternative teacher certification will expand the pool of talented teachers, get more minority teachers in the classroom, and address potential shortages for math and science teachers, the report concludes.
Give it a read.
March 16, 2009
SCHWING….. How exciting. Silent E.
Mellow hippie looking for that summer of love. Tee Bee.
Jon Voight is my homeboy. BFB.
Godspeed Dean. Owen. (Agreed)
Blanket-party time. Dad29.
giggling like schoolboys with a contraband Playboy. Troglopundit.
America stopped being the land of the free when our children started being born into debt. Michael.
The pork is strong in this one. Silent E.
eat a box. Tony.
She wants me. Jimi.
Jesus could build a cabinet. Troglo Pundit
Just like Myagi says. Chad.
Fred’s addiction ICHCB
In need of some retail therapy. CFR
Wisconsin! Because its not Illinois! Hotdog.
yay drugs! Chad.
in on the "butt grabber thing". TAB
Quality vs frequency . . . the age old question. Jimi.
Speedo Champions Ally.
"Guys just aren’t into drunk girls" Deibert.
should a woman be allowed to have an abortion if she wants only straight kids? Wigdy.
Alcohol hurts coming back up. Egg.
The City of Racine's Clerk, Janice Johnson-Martin, does a fantastic job.
Any time I need a little info and ask her she responds quickly, politely and accurately.
She is a model City employee.
Thanks Janice, you rock.
Which of the three African American candidates for Mayor would you like to see win?
- Robert Turner
- Lesia Hill-Driver
- Q.A. Shakoor II
First of all it would never occur to me to put up a poll excluding all the candidates who did not match my skin pigment.
Secondly, if I asked which of the white candidates should win I would be on the front page of the Journal Times tomorrow morning with a story lambasting the racist conservative blogger. Furthermore, within two days Al Sharpton would be pounding on my door demanding his pound of flesh for my hateful behavior.
Yet former County Supervisor Ken Lumpkin just continues to throw out his racist trash without an ounce of protest or concern.
Racine blogger and business person Denis Navratil put a post on his blog asking if there were too many white people in the election on a concern that the white vote would be split.
The usual suspects bought Denis' post hook like and sinker.
What they didn't understand was that Denis was spoofing Ken Lumpkin's racist post asking if there were too many black candidates over a concern of splitting the black vote.
And now we have this ridiculous poll.
Ken, because you clearly don't get it let me share something with you.
Racism – noun
1. a belief or doctrine that inherent differences among the various human races determine cultural or individual achievement, usually involving the idea that one's own race is superior and has the right to rule others.
2. a policy, system of government, etc., based upon or fostering such a doctrine; discrimination.
3. hatred or intolerance of another race or other races.
Racist - Adjective
1. based on racial intolerance; "racist remarks"
2. discriminatory especially on the basis of race or religion
Ken, if we are to ever move beyond racism in this community people like you and I and all of our neighbors should not be looking for the best white mayor or the best African American mayor we should be looking for the best mayor regardless of skin tone. Until that starts happening, we have not advanced at all.
May the best person win.
UW-Milwaukee Study Could Realign Climate Change Theory
Scientists Claim Earth Is Undergoing Natural Climate Shift
POSTED: 3:18 pm CDT March 15, 2009UPDATED: 10:37 pm CDT March 15, 2009
MILWAUKEE -- The bitter cold and record snowfalls from two wicked winters are causing people to ask if the global climate is truly changing.
The climate is known to be variable and, in recent years, more scientific thought and research has been focused on the global temperature and how humanity might be influencing it.
However, a new study by the University of Wisconsin-Milwaukee could turn the climate change world upside down.
Scientists at the university used a math application known as synchronized chaos and applied it to climate data taken over the past 100 years.
"Imagine that you have four synchronized swimmers and they are not holding hands and they do their program and everything is fine; now, if they begin to hold hands and hold hands tightly, most likely a slight error will destroy the synchronization. Well, we applied the same analogy to climate," researcher Dr. Anastasios Tsonis said.
Scientists said that the air and ocean systems of the earth are now showing signs of synchronizing with each other.
Eventually, the systems begin to couple and the synchronous state is destroyed, leading to a climate shift.
What? It isn't human behavior? This will be shot down as idiocy from the Goracle and his acolytes.
Read the rest.
President John F. Kennedy.