Ulaven_Demorte
Non-Prophet Organization
- Joined
- Apr 16, 2006
- Posts
- 30,016
Scott Walker: Economic genius!
- Thread starter Ulaven_Demorte
- Start date
cowslinger64
Literotica Guru
- Joined
- May 15, 2010
- Posts
- 44,485
BWAHAHAHA... And here I didn't think you were capable of being funny. Thanks!
NeverEndingMe
Literotica Guru
- Joined
- Jun 20, 2011
- Posts
- 15,925
cowslinger64
Literotica Guru
- Joined
- May 15, 2010
- Posts
- 44,485
More walker genius
Wisconsin to Skip Debt Payments to Make Up for Walker’s Tax Cuts
http://www.bloomberg.com/politics/a...s-to-make-up-for-walker-s-tax-cuts?cmpid=yhoo
Wisconsin to Skip Debt Payments to Make Up for Walker’s Tax Cuts
http://www.bloomberg.com/politics/a...s-to-make-up-for-walker-s-tax-cuts?cmpid=yhoo
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
NIGGER MULLAH shits in his cheerios again
PRUDENT FISCAL PLANNING
Delaying the $108 million principal payment due in May on short-term debt would free funds. The move doesn’t require legislative approval, the nonpartisan Legislative Fiscal Bureau said in a Feb. 13 memorandum. The terms of the debt sale allow Wisconsin to defer the payment in any given year, a procedure known as a restructuring, without defaulting.
A spokesman for the Wisconsin Department of Administration said the state is taking advantage of “favorable short-term interest rates” for the restructuring.
“With these types of notes, the maturity schedule and amortization is determined solely by the state, unlike a traditional bond,” said Cullen Werwie.
Werwie also noted in an email that Walker’s predecessor, Democratic Governor Jim Doyle, “utilized similar financial tools.”
Ulaven_Demorte
Non-Prophet Organization
- Joined
- Apr 16, 2006
- Posts
- 30,016
This kicking the can down the road is one of the things that Walker campaigned against when he ran against his predecessor Jim Doyle.
But it's somehow different now that he's doing it.
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
This kicking the can down the road is one of the things that Walker campaigned against when he ran against his predecessor Jim Doyle.
But it's somehow different now that he's doing it.
I knew I smelled the stench of another NIGGER
btw, all companies, states and the US do this
BORROW new $ to pay off old $
cowslinger64
Literotica Guru
- Joined
- May 15, 2010
- Posts
- 44,485
They're put in the position of having to do it, due to the stupid policies of walker...and how many times have you whined about the last guy doing it being brought up?
Busybody
We are ALL BUSYBODY!
- Joined
- Jan 23, 2011
- Posts
- 55,323
They're put in the position of having to do it, due to the stupid policies of walker...and how many times have you whined about the last guy doing it being brought up?
No, NIGGER MULLAH.....they are BORROWING low to pay back HIGH
Genius.....only an IVY LEAGUE scumBucket wouldn't think of it
NeverEndingMe
Literotica Guru
- Joined
- Jun 20, 2011
- Posts
- 15,925
I love all the asshole government employees of Wisc that bitch about their property taxes. Guess what, fucktards, your taxes go to support your criminal way of life. Kill the pension and bring your salaries back to reality
also funding to ALL higher education should be 86'd
also funding to ALL higher education should be 86'd
NeverEndingMe
Literotica Guru
- Joined
- Jun 20, 2011
- Posts
- 15,925
again, cut all funding to higher education. you fucktards need to pay your own way in life
cowslinger64
Literotica Guru
- Joined
- May 15, 2010
- Posts
- 44,485
Caught you AGAIN with your stupidity and lies... No wonder you have me on ignore..
NeverEndingMe
Literotica Guru
- Joined
- Jun 20, 2011
- Posts
- 15,925
Caught you AGAIN with your stupidity and lies... No wonder you have me on ignore..
cowpooslinger, the only man that can successfully pull off waring a thong, backwards, and still be modestly covered!
did your union thugs teach you that?
cowslinger64
Literotica Guru
- Joined
- May 15, 2010
- Posts
- 44,485
I highly recommend an English As A Second Language class... And a treadmill for your remarkably large ass.
Ulaven_Demorte
Non-Prophet Organization
- Joined
- Apr 16, 2006
- Posts
- 30,016
I seem to remember you saying that property taxes were "Out of control" in Wisconsin. This ranks right up there with you blaming President Obama for raising your flood insurance premiums because the amount being subsidized by the federal government was reduced.
Consistency has never been your strong suit Welfare Queen.
cowslinger64
Literotica Guru
- Joined
- May 15, 2010
- Posts
- 44,485
You've proved him wrong, but you know he doesn't care and he'll post the same lie again. See PRATT.
Just iggy the useless creature.
cowslinger64
Literotica Guru
- Joined
- May 15, 2010
- Posts
- 44,485
Lol...I'm not doing it convince...I do it to annoy him and I know it does.
I don't expect any of these dummies I wrassle with to agree with me, but being a thorn in their side is rather entertaining at times..
I could disagree with differing political opinions.... but mostly what they present is bullshit, conjecture and downright lies..and that draws my ire.
and I do have him and fatassjerryinflorida on ignore.. mainly so I don't have to wade through all their threads.
NeverEndingMe
Literotica Guru
- Joined
- Jun 20, 2011
- Posts
- 15,925
when you say thorn, are you making reference to your tiny penis?
Lol...I'm not doing it convince...I do it to annoy him and I know it does.
I don't expect any of these dummies I wrassle with to agree with me, but being a thorn in their side is rather entertaining at times..
I could disagree with differing political opinions.... but mostly what they present is bullshit, conjecture and downright lies..and that draws my ire.
and I do have him and fatassjerryinflorida on ignore.. mainly so I don't have to wade through all their threads.
This is a big surprise? The GOP as a whole has basically become the party of stupid (to quote Bobby Jindal, talking about the stupid things the GOP is doing). Scott Walker is riding the wave of the idiots from the south and farm belt that make up its base, this is the basic GOP playbook:
1)That the 'govn'ment' does nothing good for the 'real americans', and that the cost of government is all the doing of public unions gouging their constituents, and it riles up the Elmer Fudds and the Bill Bob's and so forth, who nod their heads in agreement, of course
2)"Higher Education" is all about liberal propaganda, they aren't any better because they are educated, and all it does is tear our young people from cherished beliefs". So cutting aid to the state universities is striking a blow for good ole republican values, let's keep em back on the farm, stupid as a retarded slug and happily believing anything we tell them..... real american=ignorant asshole, stupid enough to believe the earth is 6000 years old, that the wealthy are blessed by God and do everything for the benefit of all, and so forth.....
Giving money for an arena, for a team own by rich white guys? Not corporate welfare, it provides jobs, it provides tax revenue, of course, isn't it obvious? (It isn't, municipally owned stadiums of the type we are talking about, lose money for the governments that pay for them. Teams pay only a pittance to use the arena, the government often pays to maintain them, and the debt payments on the bonds is a lot more than any increase in revenues from having the stadium.and oh, yeah, these stadiums produce few new jobs, and most of them are minimum wage.
Spend 300 million on a research university and you often end up with a high tech boom from having the university (ever wonder why the bay area has silicon valley? They have stanford university and they have the cal state schools, including Berkely, that fuel the high tech industry. Meanwhile, look at the university poor states in this country, and they depend on natural resources and the like for their income). Spend 500 million on a new stadium, and the beneficiary are the teams owners, they get a stadium pretty much for free, and get all these luxury boxes and suites that generate $$$$$$ for them.
What is really funny is the drooling idiots who cheer on morons like Scott Walker are very much the people who depend a lot on the government. In Wisconsin, it is the farmers and the farm industry who are beneficiaries of huge subsidies, both through the FDA (total subsidies? Around 100 billion a year), and things like subsidized power, roads, schools and other things that they themselves could not pay for. Farms have broadband internet and cable tv because the government subsidizes the cost of laying the cable out to rural areas, and so forth.
What supply side economics (which has totally failed, but they still promote it) is that big business and the well off need corporate welfare in the form of tax breaks, grants and the like, and otherwise cut taxes to the rich and leave everyone else to pay for it. All one needs to look at is Kansas, where Brownback proclaimed that Kansas was going to be a jobs engine, that it was going to have a balanced budget, with all his tax cuts; and the state faces a major crisis, their debt rating has been slashed, they have huge budget deficits to face, and instead of increasing tax revenue to pay for the cuts, they are seeing revenue from taxes basically dropping to the level of the cuts (ie if they cut 50 billion, they see 50 billion less in tax revenue), which means the cuts have failed to stimulate any extra activity (so if they cut 50 billion, but see a deficit of 30 billion, it would mean it stimulated 20 billion in demand).
It is going to be interesting to see how the hayseeds in Kansas react when the cuts they are doing takes effect, when their schools, already not highly rated, go down even further, when their kids can't get into major league universities and colleges, when their roads fall apart, their old go cold and hungry, when they realize just what kind of moron they have for a governor. I also am going to sit back and watch how states like the Dakotas, that crowed about how their tax cuts stimulated business, how they balanced their budgets while slashing taxes, are going to react when the real cause of their boom, the oil and gas tax revenue from fracking, dries up thanks to the plummeting price of oil.
The sad part is that there are points to be made about public employees and their benefits, in a world where 99% of people in the private sector have 401k's, the pension system for public employees is outdated, and especially the way they figure out the pension, where an employee can work a lot of overtime their last year, and end up with their full salary as their pension. Likewise, there are some truths to the rules about teacher seniority and layoffs, where how someone does in the classroom has almost nothing to do with who gets laid off. Of course, what Walker and those who knock seniority don't talk about, is that if you pull the seniority out of the equation, you will have school districts that routinely lay off senior people and keep younger ones, simply because the younger ones are cheaper, and would you want your kid taught by someone who is experienced (and good), or young, inexperienced but not as good? There is a real discussion to be had here, that ratings and seniority are important, that we don't just make decisions on cost. Even the private sector, as bad as they are, when doing layoffs will in the first rounds cut those whose performance is marginal, whether newer or more long term, before gutting further.
1)That the 'govn'ment' does nothing good for the 'real americans', and that the cost of government is all the doing of public unions gouging their constituents, and it riles up the Elmer Fudds and the Bill Bob's and so forth, who nod their heads in agreement, of course
2)"Higher Education" is all about liberal propaganda, they aren't any better because they are educated, and all it does is tear our young people from cherished beliefs". So cutting aid to the state universities is striking a blow for good ole republican values, let's keep em back on the farm, stupid as a retarded slug and happily believing anything we tell them..... real american=ignorant asshole, stupid enough to believe the earth is 6000 years old, that the wealthy are blessed by God and do everything for the benefit of all, and so forth.....
Giving money for an arena, for a team own by rich white guys? Not corporate welfare, it provides jobs, it provides tax revenue, of course, isn't it obvious? (It isn't, municipally owned stadiums of the type we are talking about, lose money for the governments that pay for them. Teams pay only a pittance to use the arena, the government often pays to maintain them, and the debt payments on the bonds is a lot more than any increase in revenues from having the stadium.and oh, yeah, these stadiums produce few new jobs, and most of them are minimum wage.
Spend 300 million on a research university and you often end up with a high tech boom from having the university (ever wonder why the bay area has silicon valley? They have stanford university and they have the cal state schools, including Berkely, that fuel the high tech industry. Meanwhile, look at the university poor states in this country, and they depend on natural resources and the like for their income). Spend 500 million on a new stadium, and the beneficiary are the teams owners, they get a stadium pretty much for free, and get all these luxury boxes and suites that generate $$$$$$ for them.
What is really funny is the drooling idiots who cheer on morons like Scott Walker are very much the people who depend a lot on the government. In Wisconsin, it is the farmers and the farm industry who are beneficiaries of huge subsidies, both through the FDA (total subsidies? Around 100 billion a year), and things like subsidized power, roads, schools and other things that they themselves could not pay for. Farms have broadband internet and cable tv because the government subsidizes the cost of laying the cable out to rural areas, and so forth.
What supply side economics (which has totally failed, but they still promote it) is that big business and the well off need corporate welfare in the form of tax breaks, grants and the like, and otherwise cut taxes to the rich and leave everyone else to pay for it. All one needs to look at is Kansas, where Brownback proclaimed that Kansas was going to be a jobs engine, that it was going to have a balanced budget, with all his tax cuts; and the state faces a major crisis, their debt rating has been slashed, they have huge budget deficits to face, and instead of increasing tax revenue to pay for the cuts, they are seeing revenue from taxes basically dropping to the level of the cuts (ie if they cut 50 billion, they see 50 billion less in tax revenue), which means the cuts have failed to stimulate any extra activity (so if they cut 50 billion, but see a deficit of 30 billion, it would mean it stimulated 20 billion in demand).
It is going to be interesting to see how the hayseeds in Kansas react when the cuts they are doing takes effect, when their schools, already not highly rated, go down even further, when their kids can't get into major league universities and colleges, when their roads fall apart, their old go cold and hungry, when they realize just what kind of moron they have for a governor. I also am going to sit back and watch how states like the Dakotas, that crowed about how their tax cuts stimulated business, how they balanced their budgets while slashing taxes, are going to react when the real cause of their boom, the oil and gas tax revenue from fracking, dries up thanks to the plummeting price of oil.
The sad part is that there are points to be made about public employees and their benefits, in a world where 99% of people in the private sector have 401k's, the pension system for public employees is outdated, and especially the way they figure out the pension, where an employee can work a lot of overtime their last year, and end up with their full salary as their pension. Likewise, there are some truths to the rules about teacher seniority and layoffs, where how someone does in the classroom has almost nothing to do with who gets laid off. Of course, what Walker and those who knock seniority don't talk about, is that if you pull the seniority out of the equation, you will have school districts that routinely lay off senior people and keep younger ones, simply because the younger ones are cheaper, and would you want your kid taught by someone who is experienced (and good), or young, inexperienced but not as good? There is a real discussion to be had here, that ratings and seniority are important, that we don't just make decisions on cost. Even the private sector, as bad as they are, when doing layoffs will in the first rounds cut those whose performance is marginal, whether newer or more long term, before gutting further.
Scott Walker: I can defeat ISIS because I defeated 100,000 union protesters.
They weren't armed, you idiot.
They weren't armed, you idiot.
