Archive for June, 2008
Monday, June 30th, 2008
In addition to $47 million of state subsidies (and another $30 million local subsidies), the State budget proposes another $63.7 million taxpaying subsidies for projects that taxpayers can't and won't use, and don't want and don't need, and, most importantly, can't afford. The beneficiaries: consultants and contractors and their political ...
Posted in Local Politics, Spending, Taxes | No Comments »
Monday, June 30th, 2008
The City of Chester's $77 million dollar soccer stadium subsidies are a prime example of State subsidies that hammer the fixed income, taxpaying homeowner, usually, a senior citizen who has worked and saved all their lives to pay off the mortgage and now live on fixed income in their single ...
Posted in Local Politics | No Comments »
Sunday, June 29th, 2008
"Who profits at the nonprofits?" is a question I have asked about hospitals. Planned Parenthood has revenues of a billion dollars a year. And has, and may still, receive public taxpayer money from the Commonwealth of Pennsylvania. Previously, Planned Parenthood presented itself as providing services to poor; it appears to ...
Posted in Health Care Reform | No Comments »
Sunday, June 29th, 2008
Commonwealth Foundation has done another outstanding job in analyzing the Turnpike Lease compared to the operation of the very independent, non elected Turnpike Commission. Some distrust private sector; some distrust Turnpike Commission; I say, "Name your poison". The idea is that a private company, operating under very strict contract, can ...
Posted in Spending, State Politics | No Comments »
Friday, June 27th, 2008
Fascinating video Fundamentals of Supply/Demand mean, according to this Bear investor, prices of oil come to $60 to $80 range. The reasons are fascinating from radical modification of gasoline combustion engine to gas subsidies in emerging market and I have to think the dollar will get stronger as well (although ...
Posted in Free Market - Right to Work | No Comments »