Terrence Wall supports a constitutional amendment requiring a balanced budget for the federal government. He also uses his successful real estate firm as evidence his private sector experience qualifies him for a position in the United State Senate. The run-government-like-a-business slogan is popular among the GOP, but completely at odds with a balanced budget mandate.
Successful businesses often take out loans in order to expand. T. Wall properties did, though maybe at a reduced interest rate due to guarantees and investments by Wall’s father. Regardless, Wall should know running a business is expensive, and owners simply cannot afford to pay straight cash for everything immediately.
The stimulus was an investment in the business of America’s future. To stave off a much higher unemployment rate, money was pumped into the economy. Tying the hands of Congress with a balanced budget amendment could have resulted in economic collapse.
Even Dave Westlake knows a balanced budget amendment is a bad idea. It failed years ago. A balanced budget is a good thing, but we already have a senator doing a better job cutting wasteful spending than Terrence Wall ever could.
President Obama spoke live today, on the economy. He restated his resentment of bailed-out-banks, car companies and the previous administration for causing the financial crisis. Can’t blame him for the last one, it sickens me listening to Dick Cheney’s musings on the state of the nation and I’m not even being personally insulted by the old crank.
Political shots notwithstanding, the focus of the president’s speech was to outline his plan to create jobs. The goal: help small businesses expand and hire new staff. The method: complete elimination of capital gains taxes for small business and work with Congress to help businesses add and keep employees. Sounds like Feingold’s job tax credit might be just what Obama is looking for.
How is the GOP going to attack this? Change their position on taxation? I’m watching Fox News now, trying to find out.
The president also spoke of bettering the countries education system, with the goal of leading the world in college graduates by 2020. As a college graduate distributing industrial supplies at the lowest level, I’m not so enthusiastic about that one. But selfishness aside…
President Obama spoke to remind the voting public he hasn’t forgotten about them. He took jabs at bailed-out-big-business while encouraging small business. Job growth is generally the last step in economic recovery so since the economy began showing signs of improvement Republican’s favorite economic talking point is still-high unemployment. Republicans golden goose is big business. If Obama’s plan succeeds, creating jobs and economic recovery, the GOP won’t be able to claim an ounce of credit. Hopefully in time for the midterms, right?
Dave de Felice issued a press release today announcing the assembly of an exploratory committee to seek the Democratic nomination for the 2nd Congressional District. The press release included references to Bill Proxmire and Robert La Follette, legendary Wisconsin progressives, and ended stating de Felice currently serves on the Dane County Board of Supervisors.
That got my attention. Dane County? Tammy Baldwin’s district, right? De Felice is evoking Proxmire and La Follette in a run against Tammy Baldwin? Tammy Baldwin, member of the Congressional Progressive Caucus? Tammy Baldwin, who voted against sending the US military to Iraq? Tammy Baldwin, whose stated priorities are “Health care for all; followed closely by equal rights, justice, and equal protections for all?”
The State-Journal politics blog says de Felice is running because he is frustrated with Democratic majorities failing to deliver on liberal health-care reform. De Felice told the WSJ;
“I’m talking to people to see if they feel as I do that there needs to be a voice on some of these issues.”
I’m not from Madison. I don’t know a whole lot about Tammy Baldwin and I know nothing of Dave de Felice. Are there many liberals in the 2nd District that are dissatisfied with Baldwin’s performance? I mean the kind of liberals that vote and bathe.
Baldwin won in 2008, 69%-30% over her Republican challenger. I don’t see de Felice being any sort of problem for her. But if there is some sort of story here, can someone from the Madison fill me in?
Wisconsin Right to Life has begun a campaign attacking health-care reform on the basis it will cause more abortions. I heard an ad funded by the group on the radio today. I cannot find the audio, but this troubles me on many levels.
From the group’s mission statement;
Wisconsin Right to Life believes that each human life is inherently valuable from fertilization to natural death.
WRTL is more concerned with natural death than a safe, healthy life. In attempting to torpedo health-care reform the group is bringing that “natural death” closer rather than further to millions of uninsured Americans. All so federal funding does not come even remotely close to funding one single abortion.
None of the bills currently being considered would fund abortion. As far as I can tell, the closest the federal government would come to funding an abortion would be through subsidies to low-income citizens to purchase private insurance. This private insurance could cover an abortion.
Conservatives don’t want the government to offer the option of a public health insurance plan. Conservatives don’t want the government meddling with private insurance companies. Yet the conservatives at Wisconsin Right to Life would have no problem telling insurance companies what procedures they can and cannot cover.
Wisconsin Right to Life considers the bills currently before Congress to be part of the “radical pro-abortion agenda.” This organization so concerned about “life” has no regard for its quality. They are so blinded by their focus on a single-issue they are willing to hurt millions of people by keeping health-care out of reach on the premise some federal money is indirectly funding an abortion.
Groups based on single issues often have this problem; ideology clouds their decision making. Sure, the concept of “life” would be better served with health-care reform. Of course the women who face an unwanted pregnancy will be better off with insurance (whether it covers termination or not).
Conservative groups such as Wisconsin Right to Life will do anything to keep health-care reform from passing, including outright lies. Right to Life promotes the concept of “death panels.” I’m not getting started on that garbage, just giving it as an example of what we are up against…