Americans are being forced into seclusion as our leaders try to contain the coronavirus. Time will tell if this is the best policy. There are many unknowns here. But there is one thing for sure. In the process, they are crashing the economy. The stock market has lost one third of its value. The bond markets are gyrating. Corporate debt is teetering. Businesses are being forced to close. Our Federal Reserve is printing money on a massive scale, leaving even more debt for our children and grandchildren. And our political class is squabbling who should be the biggest winners in the upcoming bail outs. These actions will have huge consequences of the health of Americans. Thus far, the coronavirus has not caused a great deal on death and illness in the United States when compared to other recent infections. At the time of this writing, there have been about 45,000 cases and close to 550 deaths. In 2009, the Swine Flu pandemic resulted in 61,000,000 infections and 12,500 deaths. Meanwhile, the 2019-2020 seasonal flu – which is upon us now - has resulted in 10,000,000 cases, 280,000 … [Read more...]
Governor Lamont Should Ban Tom Brady from Moving to Connecticut
According to published reports, Patriots’ quarterback Tom Brady is considering moving to Greenwich. If Governor Ned Lamont really wants to see his popularity sky rocket, he should propose legislation to prevent such an outrage. But before such legislation is proposed, education is crucial. The good people of Connecticut must understand that if Tom Brady is your neighbor, he will insist that a swat team be called if your dog does its business on his front lawn. But the real problem will arise when Brady joins Ned at the Greenwich Country Club. The magnanimous Brady will bribe his way to admittance by donating durable steel pins. As the golf rules have recently changed, there is no longer any requirement to remove the pin when putting. Brady will argue that using these pins will enable the club to save money, as the pins will not have to be replaced as often when the ball hits them. Then the club will have its annual Member-Guest tournament and be honored when Brady’s guest, Bill Belichick, graces … [Read more...]
Regional Cap-and-Trade Plan Will Soak Connecticut Taxpayers
Many Connecticut taxpayers are upset over the Democratic attempt to place tolls on our highways and bridges; but, are unaware of a back door tax that could increase gasoline prices by 50 cents a gallon or more. This plan is being initiated by an unelected panel populated by bureaucrats making six-figure salaries. They are promising to use this money to promote electric cars, buses, and sustainable activities like bicycles and walking. Known as the Transportation and Climate Initiative (TCI to friends), this bureaucratic panel is a regional consortium of nine states and the District of Columbia that can force energy producers to purchase credits from the state based on the amount of carbon emissions of the fuel they sell. This amount, or “cap”, will decrease every year, so that the credits the producers buy increase in price if they are unsuccessful in reducing their carbon footprint. These credits are “traded” on a state-created exchange, so that energy producers who decrease their carbon footprint are rewarded by paying less and those who are unsuccessful pay more. Thus the program is called “Cap-and- Trade.” Got it? Probably not. Neither did I the first (nor … [Read more...]
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