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New Jersey, United States
NJECPAC is a Continuing Political Committee (CPC). A CPC is any group of two or more persons acting jointly, or any corporation, partnership, or any other incorporated or unincorporated association, civic association or other organization, which in any calendar year contributes to aid or promote the candidacy of an individual, or the candidacies of individuals, for elective public office, or the passage or defeat of a public question or public questions, lobby for the passage or defeat of certain legislative bills introduced in the NJ Legislature in accordance with N.J.S.A. 19:44A-8(b). A CPC is frequently referred to as Political Action Committee (PAC). The NJECPAC was formed to provide funding for legislative initiatives of its members and its member organizations representing the interests of Electrical Contractors, Small Businesses and Taxpayers throughout the State of New Jersey.

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Friday, March 11, 2011

Living In Heaven With Ralph Kramden

Can we stop acting as if people who work for the government are the heroes of working people

MSNBC among others are covering the public union fighting in Wisconsin as if it's the 9/11 attack, and the Republicans are al-Qaida. Its entire prime-time schedule is dedicated to portraying self- interested government employees as if they're Marines taking on the Taliban. 

Public sector workers are pursuing their own narrow financial interests to the detriment of everyone else in their states. That's fine, its what most of us do, but can we stop pretending it's virtuous? 

Because of the insane union contracts in Wisconsin, one Madison bus driver, was able to make $159,000 in 2009, about $100,000 of which in overtime pay. Jackie Gleason didn't make that much playing bus driver Ralph Kramden on "The Honeymooners."

When asked about the outrageous overtime pay for bus drivers, totaling $1.94 million in 2009 alone, Transit and Parking Commission Chairman Gary Poulson said: "That's the contract." 

There in lies the problem, not as much with the workers that are going to work and being paid per that contract, but with the political hack that agreed to that contract in the first place, all at the publics expense. It's ludicrous to suggest that these union contracts were fairly bargained. Only one side was at the negotiating table. The side who is actuall has to pay were all at work.
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Thursday, March 10, 2011

Largest Federal Budget Deficit In Us History!!!

Federal Government Posts  Largest Monthly Deficit in History

The Congressional Budget Office has reported the federal government will post a
$223 Billion Deficit for the "Month of February", which sets a new record for the largest monthly deficit posted in U.S. history.

The new figure comes as President Obama has released a $3.7 Trillion Budget for 2012 that will add $1.6 trillion to the National Debt. Republicans have proposed meager budget cuts for the current fiscal year, but Democrats and the White House have strongly opposed them and submitted their own woefully inadequate budget cuts.

The debate on cutting federal spending continues on Capitol Hill as Democrats call $61.5 billion in cuts proposed by Republicans "draconian," while "meeting the GOP half way" by presenting their mere $4.7 billion in cuts as the threat of a partial government shutdown looms for the second time in less than three weeks.

"Meeting Half Way" ?  I dont know about anyone else, but my third grade math does not comprehend 4.7 billion as meeting 61.5 billion half way.

Monday, March 7, 2011

“Stimulus” Just Got More Pricey

Noted With Interest: “Stimulus” Just Got More Pricey
The Congressional Budget Office, has raised the cost estimate of President Obama’s economic “stimulus” program. The office calculated it will end up costing taxpayers $821 billion, $34 billion more than originally stated.

Those are the current figures that could still change. It also does not count the interest that we’re paying on the money borrowed from the Chinese and other foreign interests to finance the package.