Governors Against State Bailouts
While Governor Rendell and others state executives are asking for taxpayers to bail them out (see related article in The Bulletin) but want to pass the buck to federal lawmakers for their fiscal mismanagement, other governors - those that have not been so spendthrift - are demanding Congress give them nothing for Christmas. In the Wall Street Journal, governors Mark Sanford of South Carolina and Rick Perry of Texas write:
In Texas and South Carolina, we've focused on improving "soil conditions" for businesses by cutting taxes, reforming our legal system and our workers' compensation system. We'd humbly suggest that Congress take a page from those playbooks by focusing on targeted tax relief paid for by cutting spending, not by borrowing.
In the rush to do "something" to help, federal leaders would be wise to take a line from the Hippocratic Oath, and pledge to do no (more) harm to our country's finances. We can weather this storm if we commit to fiscal prudence and hold true to the values of individual freedom and responsibility that made our nation great.
1 comment:
Theft by the biggest business in the world
Our federal government would do well to re-write the Davis Bacon act.In the forth comming
Obama plan of infastructure, His federal funding will kick in prevailing wage rates and
most of our funds will certainly end up in the
coffers of the AFL-CIO.In the historical short term of these actions, many of the employed from the bail out funds will most likely not stay with the unions long enough to be vested.
In other words;They will work the glut of these federal funded projects. Then we will need to take other employment to maintain sustenance. The unions will benefit from the
masive amounts contributed on behalf of hard working people and never pay out a dime
for a large number of those workers.
Oversight as definede in the dictionary is;
AN UNINTENTIONAL MISTAKE
With over 90 million dues paying members world wide.Organized labor needs to be accountable
to the true purpose of organized labor.
If one dollar or one penny is paid into a fund on behalf of a working man? That money should be his. Not the union's because that working man needed to take another job to feed his family.
In Obama truism;Our federal oversight must rewrite the law that allows unions to pilfer
funds of large business, Small business and
the workers of the American industries.
Spread there wealth around mr. president elect.
If they have not squandered it.
Remove there cloak and require accountability
of the trillions they control on behalf of
us. THE WORKING PEOPLE OF AMERICA
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