[jeffkrol]

I apologize in advance for my state........

I suspect mikemike was hoping for Jindal..... Sorry not "white" enough and his name isn't as funny as Reince... though he is a clone of any of those 3...

With the selection of Rep. Paul Ryan as his running mate, Mitt Romney established Wisconsin as the capital of the Obama-era Republican resistance.
A former Wisconsin GOP chairman, Reince Priebus, coordinates the opposition as chairman of the Republican National Committee. The state’s governor, Scott Walker, is one of the brightest stars in the conservative firmament after taking on public sector unions and delivering a crushing blow to the left by winning a closely-watched June recall election.
Now Ryan, a Janesville resident, is poised to become the GOP vice presidential nominee, charged with articulating a conservative vision of governance that rivals the president's.
All of this has occurred in the span of just two years, in a Midwestern state that hasn’t voted Republican at the presidential level since 1984.

Guess I got my work cut out for me.....................

Why do I keep thinking of "the mob".....

[boriscleto]

I think you left one out...

[boriscleto]

And in honor of Mr. Ryan's only private sector experience...

[mikemike]

I apologize in advance for my state........

I suspect mikemike was hoping for Jindal..... Sorry not "white" enough and his name isn't as funny as Reince... though he is a clone of any of those 3...

Guess I got my work cut out for me.....................

Why do I keep thinking of "the mob".....

I am happy to have Bobby Jindal finish out his term as governor here, he is doing a great job and he still has a few years to solidify his reforms.

Attachment 137648
http://www.google.com/publicdata/explore?ds=z1ebjpgk2654c1_&met_y=unemployme...l=en&ind=false
This economic performance should be even more impressive to you given your lens of MMT because during that entire time, federally funded hurricane rebuilding money was reduced substantially each year during that period while simultaneously state and local government spending was reduced by almost 15%. The only hump over 7% there was caused by the man made disaster of the BP macando oil spill and ensuing moratorium on offshore drilling. Instead of instinctively recoiling at the ideology of someone like Jindal, maybe you should look at him as an example of how allocating government spending effectively and providing people with a government that actually works for the people instead of only for the special interests.

---

Last edited by mikemike; 01-31-2014 at 12:36 AM.

[jeffkrol]

I am happy to have Bobby Jindal finish out his term as governor here, he is doing a great job and he still has a few years to solidify his reforms.

Attachment 137648
Unemployment in the U.S. - Google Public Data Explorer
This economic performance should be even more impressive to you given your lens of MMT because during that entire time, federally funded hurricane rebuilding money was reduced substantially each year during that period while simultaneously state and local government spending was reduced by almost 15%. The only hump over 7% there was caused by the man made disaster of the BP macando oil spill and ensuing moratorium on offshore drilling. Instead of instinctively recoiling at the ideology of someone like Jindal, maybe you should look at him as an example of how allocating government spending effectively and providing people with a government that actually works for the people instead of only for the special interests.

Sorry your unemployment rate is trending up.. there is nothing to be particularly proud of there..

To secure the project, LED offered Tiburon a performance-based Economic Development Loan Program award of $500,000 that’s forgivable if the company meets its payroll commitments. In addition, Tiburon will receive the services of LED FastStart™ – ranked the No. 1 state workforce development program in the U.S.

funny isn't it...........
http://www.kmsstv.com/news/governor-jindal-tiburon-announce-350-new-jobs-camp-minden

sure state doesn't pick winners or losers huh.......

Second, Governor Jindal is calling for the state to offer a 10-year property tax exemption to attract companies in targeted sectors with the capacity to generate substantial new growth in jobs, sales and tax revenue. These targeted sectors include corporate headquarters, logistics and warehousing, data centers, clean technology, destination healthcare, R&D operations, renewable energy, and digital media and software development.

The Industrial Tax Exemption is now available only to manufacturers who are expanding or who are building new facilities in Louisiana. The exemption would be offered, as it is for manufacturers now, for an initial five-year term with an option to renew for five additional years. This would require the passage of a constitutional amendment by voters, and parishes would be given the opportunity to opt in or out of the program, based on an additional vote by parish governing authorities. This proposal will authored by Rep. Joel Robideaux in the House and Senator Neil Riser will carry the legislation in the Senate.

The third proposal relates to the Quality Jobs Program. Currently, Louisiana offers a payroll rebate of up to 6 percent for as many as 10 years to companies that create high-quality jobs. The Governor's proposal will create a new incentive -- valued at up to 15 percent -- which would be offered only in highly competitive site selection processes. Industries that would be targeted with this new incentive include corporate headquarters, clean technology, next-generation automotive, aerospace, destination healthcare, R&D operations,

http://www.louisianaeconomicdevelopment.com/led-news/news-releases/gov-jinda...itiveness.aspx

Robbing from Peter to pay Paul who will hopefully pay Peter back..... good luck w/ that..

[mikemike]

To secure the project, LED offered Tiburon a performance-based Economic Development Loan Program award of $500,000 that’s forgivable if the company meets its payroll commitments. In addition, Tiburon will receive the services of LED FastStart™ – ranked the No. 1 state workforce development program in the U.S. funny isn't it...........

sure state doesn't pick winners or losers huh.......


Robbing from Peter to pay Paul who will hopefully pay Peter back..... good luck w/ that..

A $500K loan on a project that will have 350 direct long-term hires for good jobs similar to the ones lost when GM shut down its plant in Shreveport seems like a pretty damn good deal since those skilled, (probably unionized) blue collar auto workers would contribute $10.5 MM in state income taxes over 10 years at an average salary of $50,000. The $500K should be effectively repaid to state coffers in one year by the construction workers who stand the plant up.

That program has been very effective and very competitive not just domestically but internationally attracting big private sector investments here in many different sectors of the economy running the gambit from skilled manufacturing, movies and arts, to high tech. If a technology company here relocates someone into LA they can recoup up to 25% of a software developers' salary for a few years and due to the cost of living difference can pay them a lot less than they would need to pay in silicon valley or other technology hot spots. From a cost perspective it makes developing software in New Orleans competitive with developing it in Hyderabad not to mention all the cultural, communication, and goodwill boosts of having that business activity done domestically.


But back to the point of effective government that helps the people, how does attracting businesses with hiring needs suited to the populations skills and greasing the skids to get them operating as quickly as possible compare to the Obama stimulus which, according to your sources, put 89% of the money into the oligarchs' pockets.

[jeffkrol]

NOBODY has to PAY for Fed money.. State money.. someone else pays.. i.e. others than the "business"....

[mikemike]

Well when the fed money is being wasted on Obama's Chicago buddies, someone like Jindal has to step in and carefully spend those precious state dollars on something useful for us.

Even if no one has to pay for the federal dollars, that is no excuse to go and waste money to line the pockets of cronies. Just a friendly tip, if that is the sales pitch for MMT then it is a non-starter.

[jeffkrol]

Well when the fed money is being wasted on Obama's Chicago buddies, someone like Jindal has to step in and carefully spend those precious state dollars on something useful for us.

Even if no one has to pay for the federal dollars, that is no excuse to go and waste money to line the pockets of cronies. Just a friendly tip, if that is the sales pitch for MMT then it is a non-starter.

how many times have I said "it's not how much the Fed spends but what they spend it on"..............

HR 2990.................
Humor me and read it:
http://www.gpo.gov/fdsys/pkg/BILLS-112hr2990ih/pdf/BILLS-112hr2990ih.pdf

(20) Reclaiming the power of the Federal Gov8
ernment to originate money, and to spend or lend
9 money into circulation as needed, eliminates the
10 need to treat money as a Federal liability or to pay
11 interest charges on the Nation’s money supply to fi12
nancial institutions; it also removes the undue influ13
ence of private financial institutions over public pol14
icy.

(23) An examination of the historical record
10 demonstrates that the exercise of control by the
11 United States Government over the money system
12 has provided greater moderation in the supply of
13 money and promoting the general welfare, and has
14 been indispensable in times of national emergency
15 for generating resources required to support public
16 investment, provide for national defense, and pro17
mote the general welfare, and is therefore superior
18 to private control over the money system.

TITLE V—ADDITIONAL
6 PROVISIONS
7 SEC. 501. DIRECT FUNDING OF INFRASTRUCTURE IM8
PROVEMENTS.
9 (a) REPORT REQUIRED ON OPPORTUNITIES FOR DI10
RECT FUNDING.—Before the effective date, the Secretary,
11 after consultation with the heads of Executive branch de12
partments, agencies and independent establishments, shall
13 report to the Congress on opportunities to utilize direct
14 funding by the United States Government to modernize,
15 improve, and upgrade the physical economy of the United
16 States in such areas as transportation, agriculture, water
17 usage and availability, sewage systems, medical care, edu18
cation, and other infrastructure systems, to promote the
19 general welfare, and to stabilize the Social Security retire20
ment system.

[Jack]

And in honor of Mr. Ryan's only private sector experience...

In honor of Obama's private sector experience:

[jeffkrol]

In honor of Obama's private sector experience:

OK Jack, why don't we do that:

Later in 1981, he transferred to Columbia University in New York City, where he majored in political science with a specialty in international relations[32] and graduated with a Bachelor of Arts in 1983. He worked for a year at the Business International Corporation,[33] then at the New York Public Interest Research Group.

you can ignore NYPIRG

Business International Corporation (BI) was a publishing and advisory firm dedicated to assisting American companies in operating abroad. In 1986, Business International was acquired by The Economist Group in London, and eventually merged with The Economist Intelligence Unit.

Two years after graduating, Obama was hired in Chicago as director of the Developing Communities Project (DCP), a church-based community organization originally comprising eight Catholic parishes in Roseland, West Pullman, and Riverdale on Chicago's South Side. He worked there as a community organizer from June 1985 to May 1988.[35][36] He helped set up a job training program, a college preparatory tutoring program, and a tenants' rights organization in Altgeld Gardens.[37] Obama also worked as a consultant and instructor for the Gamaliel Foundation, a community organizing institute.[38

In late 1988, Obama entered Harvard Law School. He was selected as an editor of the Harvard Law Review at the end of his first year,[43] and president of the journal in his second year.[37][44] During his summers, he returned to Chicago, where he worked as an associate at the law firms of Sidley Austin in 1989 and Hopkins & Sutter in 1990.[45] After graduating with a J.D. magna cum laud

In 1991, Obama accepted a two-year position as Visiting Law and Government Fellow at the University of Chicago Law School to work on his first book.[47][48] He then taught at the University of Chicago Law School for twelve years—as a Lecturer from 1992 to 1996, and as a Senior Lecturer from 1996 to 2004—teaching constitutional law.[49]

From April to October 1992, Obama directed Illinois's Project Vote, a voter registration campaign with ten staffers and seven hundred volunteer registrars; it achieved its goal of registering 150,000 of 400,000 unregistered African Americans in the state, leading Crain's Chicago Business to name Obama to its 1993 list of "40 under Forty" powers to be.[50] In 1993, he joined Davis, Miner, Barnhill & Galland, a 13-attorney law firm specializing in civil rights litigation and neighborhood economic development, where he was an associate for three years from 1993 to 1996, then of counsel from 1996 to 2004. His law license became inactive in 2007.[51][52]

From 1994 to 2002, Obama served on the boards of directors of the Woods Fund of Chicago, which in 1985 had been the first foundation to fund the Developing Communities Project; and of the Joyce Foundation.[35] He served on the board of directors of the Chicago Annenberg Challenge from 1995 to 2002, as founding president and chairman of the board of directors from 1995 to 1999.[35]

now on to Ryan.............
R

yan majored in economics and political science at Miami University, in Oxford, Ohio,[20] where he became interested in the writings of Friedrich Hayek, Ludwig von Mises, and Milton Friedman.[4] He often visited the office of professor Richard Hart to discuss the ideas of economists such as Friedman and Hayek, and the writings of Ayn Rand.[21] Hart was a libertarian who introduced Ryan to the National Review.[4] Ryan also studied at the Washington Semester program at American University, where he played pick-up basketball games with NBC journalist David Gregory.[22] He worked summers as a salesman for Oscar Mayer, even driving the Wienermobile once.[14][23][21] During his junior year at Miami University, Ryan worked as an intern in the D.C. offices of Senator Bob Kasten of Wisconsin,[24] a job he landed with Hart's recommendation.[4] While a student, Ryan also did volunteer work for the congressional campaign of John Boehner.[21] He was a member of the Delta Tau Delta social fraternity.[21] Ryan was awarded his B.A. in 1992 with a double major in economics and political science.[20]

And in his first years in Washington, he paid the rent thanks to a gig at Tortilla Coast, a Capitol Hill watering hole, and a job whipping people into shape at Washington Sport and Health Club.

Read more: Paul Ryan?s Washington lineage could be risk for Mitt Romney - Jonathan Martin - POLITICO.com


First which would you be more inclined to think is more impressive???
BTW: the weinermobile "once" I believe is a current "edit". Having gone over the wiki facts a few times and till today that was not there.. the "once"......

Ryan’s detractors, speaking anonymously so as not to criticize a potential Romney running mate, point out that the congressman is almost entirely a product of the Washington political universe.

[boriscleto]

Rep. Paul Ryan was announced Saturday as Republican candidate Mitt Romney’s vice presidential running mate. The Onion breaks down what you need to know about the 42-year-old Wisconsin politician:

Birth Place: Congressional hatchery with 15,000 other squirming political pupae

Favorite 2012 Presidential Candidate: Libertarian Gary Johnson

Vice Presidential Vetting Process: Was asked if he was gay about 47 different ways

Foreign Policy Experience: Romney-level of low

Favorite Olympics: 2002 Winter Games In Salt Lake City

Weapon: Throwing knives

Number of Words Spoken to Mitt Romney: 16

Aspirations: Hopes to one day cut his own job

Willing to Do What's Needed to Take Back the White House and Make America Great Again: Yes

Focus: Who Is Paul Ryan? | The Onion - America's Finest News Source

[boriscleto]

Willard and Paul?









What's everyone looking at?

[mikemike]

how many times have I said "it's not how much the Fed spends but what they spend it on"..............

HR 2990.................
Humor me and read it:
http://www.gpo.gov/fdsys/pkg/BILLS-112hr2990ih/pdf/BILLS-112hr2990ih.pdf

H.R. 2990: National Emergency Employment Defense Act of 2011

112th Congress, 2011–2012

To create a full employment economy as a matter of national economic defense; to provide for public investment in capital infrastructure; to provide for reducing the cost of public investment; to retire public debt; to stabilize the Social Security retirement system; to restore the authority of Congress to create and regulate money, modernize and provide stability for the monetary system of the United States; and for other public purposes.

Who writes this crap?

Prognosis:

This bill has a 0% chance of being enacted.

National Emergency Employment Defense Act of 2011 (H.R. 2990) - GovTrack.us

Its author, Dennis Kucinich, is a dead man walking in congress since he got redistricted into a heads up against another dem and got walloped by 15 points.

So again your solution is to tie the hands of effectively administered state level spending with "real" money while waiting for the white knight, Dennis Kucinich, to muster support for cranking the US Mint's printing press up to 11, breaking the handle off, and removing the fed's all stop button.

[jeffkrol]

Who writes this crap?

National Emergency Employment Defense Act of 2011 (H.R. 2990) - GovTrack.us

Its author, Dennis Kucinich, is a dead man walking in congress since he got redistricted into a heads up against another dem and got walloped by 15 points.

So again your solution is to tie the hands of effectively administered state level spending with "real" money while waiting for the white knight, Dennis Kucinich, to muster support for cranking the US Mint's printing press up to 11, breaking the handle off, and removing the fed's all stop button.

All I can say is:

. . . as Father Langford points out in his opening sentence, the Catholic Church has not been allowed to regard its ancient condemnation of Galileo as a dead issue. The effective prohibition of a scientific thesis which later became an established truth has stood ever since as a symbol . . . Galileo's condemnation was the first of two outstanding events in modern times that have come to symbolize the conflict of religion and science. Indeed, without the treatment accorded to the views of Galileo and Darwin, the very concept of such a conflict might never have been formulated (p. ix).



. . . Galileo . . . was . . . admonished by the Cardinal of the error of the aforesaid opinion and that he should abandon it; . . . the said Commissary did enjoin upon the said Galileo - . . and did order him . . . to relinquish altogether the said opinion, namely, that the sun is in the center of the universe and immoble, and that the earth moves . . . (p. 92).

Galileo, Science and the Church

mikemike you sound like one who is afraid someone will believe "this crap"..............or should I call you cardinal mikemike??

As to the arrangement of the parts of the universe, I hold the sun to be situated motionless in the center of the revolution of the celestial orbs . . (Durant, p. 607).

In their comment, the Durants say,

By the humor of history this is a proposition that no astronomer holds today. Perhaps all astronomy, like all history, should be taken as hypothesis (Durant, p. 607).