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Saturday, February 26, 2011

Wisconsin Senate Passes Budget Bill

The Wisconsin Senate passed a budget repair bill, on a straight party line vote, with no input from the minority party, no floor debate between the parties.

Confused? That was May 12, 2008. About an hour after a conference committee made up only of Democrats and Governor Jim Doyle's staff came up with a repair bill it was brought to the Senate floor, and voted on with two readings, no amendments allowed, and no input from the minority party. The bill passed on a 17-16 vote with 0 Republicans voting for the bill, and 1 Democrat voting against it.

The GOP knew they'd lose the vote, and knew there was nothing they could do about the bill, but did their jobs and voted. Then, in 2010 they beat the Democratic party over the head with it to take control of both chambers and the governors mansion.

The Wisconsin Jewish Conference has a nice summary of the bill and timeline of it's passing, and the vetoes the (then) Governor used to reshape it.

State Representative (now State Senator) Leah Vukmir had this take on the bill. It's a warning from 3 years ago that this year's day of reckoning was coming.

That folks, is how our Democracy works. If the current bill is so flawed, the Democrats have about 18 months to sell that case to the voters, and take back control and undo the bill. I think the problem is they know the majority of the voters like the bill. In 10 or 12 months they won't be able to show that it wasn't a workable solutions, and that the state is still spiralling out of control.

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Tuesday, February 22, 2011

Illinois Budget Solution Found!

The solution to Illinois' budget woes (another 8.5 billion in debt) has become clear since last Friday. Tourism is the answer. If we can get enough states to follow the lead of Wisconsin; as Indiana did today; and export their Democratic representives to Illinois in a few months we should be able to make a lot of extra money on hotel, restaurant and transportation taxes, helping to fill that shortfall.

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Sunday, February 20, 2011

Abandoning Wisconsin's Unions

Wisconsin's public employee unions are being abandoned by the media. Not the Glenn Beck/Rush Limbaugh media, instead liberals like Time Magazine's Joe Klein and The Washington Post's Charles Lane have dumped their support for the unions and their methods.

Klein kind of summed up the irony of the moments:

I mean, Isn't it, well, a bit ironic that the protesters in Madison, blocking the state senate chamber, are chanting "Freedom, Democracy, Union" while trying to prevent a vote?

After the Tuscon incident of only a few weeks ago we were all worried about civility in politics. Suddenly Madison has opened some left leaning journalists eyes, showing them their own group is as uncivil as any. John Jagler on Twitter points out that staffers at the capital in Madison have been told not to wear ties to work, evidently to avoid them being used to to assault them.

Lane points out the hypocrisy of the left coming out so quickly:

This is hypocrisy on an epic scale. I can't think of a more overwhelming refutation of the claim that incivility is the unique province of the American right -- as opposed to what it really is and always has been: a two-way street with both right and left lanes. No wonder so many Americans in the broad center of the political spectrum are turned off by both parties and their sanctimonious "bases."

Both at different points call out the Ed Schultz/Rachel Madow wing of the left for spewing false information, having it proven false, and refusing to acknowledge it.

President Obama, during the health care reform debate last year reminded us, as do Klein and Lane, elections have consequences. Though listening to the President this week you'd think he doesn't agree with that idea anymore; or at least the consequences when they aren't the one's he'd like.

The New York Times points out, it's not just Wisconsin going after public sector unions; though Walker is going farther than others. California and New York, led by liberal icons Jerry Brown and Andrew Cuomo are both attempting to reign in their unions lavish pay and benefits packages also, looking at 8 and 10% pay and benefit cuts. They didn't really mention Chris Christie in New Jersey, who's also gone after the pay and benefits packages, in a much more vocal way.

While the Times isn't quite as blunt as Klein and Lane, read the undercurrent of their article and you see little sympathy for the union's position.

Back to the President's (earlier) thought that elections have consequences. The whole reason Wisconsin flipped both chambers of their legislature and the Governor's office was simple, the people are tired of living in a tax hell. A big chunk of that hell is the personal income tax, which is still higher than neighboring Illinois' after a 66% increase in the Land of Lincoln.

The people saw that the only job growth in their state was in government employment, and realized it's an unsustainable model. Many probably looked at their neighbors to the south and saw that kind of dysfunction heading their way if something wasn't done, soon.

If more recent (than 2 months ago) evidence is needed, again, look to Illinois who did increase taxes considerably, but still has to borrow nearly $9 billion to pay it's past due bills because they didn't do anything about their spending when they jacked up taxes.

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Friday, February 18, 2011

The Union's Real Problem

Anyone watching the news in the last few days has seen the sleep ins, protests, and general unrest in Madison, Wisconsin.

The cause of the consternation is the "budget fix bill" proposed by the Governor, Scott Walker, that would require union members to pay 5.8% towards their retirement, and 12% (up from 6) of the cost of their health care premiums.

It would also restrict collective bargaining to wage packages only, other currently bargained items would fall under the same state laws (some of the most restrictive in the country) that non-represented employees are covered under.

If you spend a little time reading the articles, and especially the comments, in places like the Milwaukee Journal-Sentinel you'll see many union members commenting that they'd be happy to bargain for those concessions, but not have them rammed down their throats.

I believe them, I think a good chunk would agree that they right now have a sweet deal that they can't justify to their friends in the private sector. At the same time, they don't want to lose their collective bargaining leverage on other issues, which I can't blame them for.

The problem is, it's not the rank and file pushing the issues, it's the union leadership, and frankly, they'd cave on the whole thing except for one small provision in the bill. That provision makes Wisconsin essentially a right to work state. It forbids the deduction of union dues from paychecks, and requires annual certification votes by members.
Once people start writing checks for due, it becomes personal. They start wondering what exactly they are getting for the money. When it happens unions generally fold, because workers doing their own cost-benefit analysis figure out they aren't getting much for that check.

They also don't like this because for years they failed to unionize many public employees. During the eight years of Jim Doyle's administration a number of laws were passed that took that choice from the workers, and put them in unions without a vote by anyone but a Democratic controlled state legislature.

How did they manage that? It was actually easy, just find a group of non-represented workers who work in an area with a union presence; the University system's admin and some support staff for example; and reclassify their positions into a group that's already represented. Voila! You suddenly have thousands of new dues paying members without needing a vote by the affected people.
So when you listen to the news reports about AWOL legislators, protesting teachers, and sick-outs, keep in mind that the rank and file union members probably aren't the biggest obstacle in Madison, the union leadership and their reduced funding is.

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Friday, December 03, 2010

Sell Your Stocks December 14th

With Congress messing around with extending the "Bush Era Tax Cuts" there is a stock market crash being brewed that could wipe out any gains you've seen this year.

Unless Congress acts before then, on January 1st the capital gains rate will go up from 15% to 20% for most people who claim them, and from 0% to 10% for the lowest two tax brackets. This means that folks will look to realize any gains in 2010 to avoid the higher taxes. Don't believe it, look back to the 1987 increase.

Here's my thought, I'm pretty sure that those rates are going to jump. Why? To get a compromise to get none of the personal income tax rates raised the GOP will have to give in on something. Capital gains taxes are the easiest, because the general public doesn't understand them, and doesn't think they pay them.

So December 15th looms as the big day for the market; for a bad reason. That is the day most options contracts are due, which means people who have an options contract, and will realize a gain, will probably sell it instead of hanging on. Think of all of those getting dumped in one day....Uh Oh.

So, if you want to avoid the Christmas Rush so to speak, sell on the 14th when the market will be teeting on the edge instead of fully falling. But sell if you want to get a lower rate on the gains. Or, you can hang on to the stocks, and hope that in 2012 there is a change in Senate and Whitehouse occupants that would restore the lower rates.
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Saturday, November 20, 2010

A Bielema Dig?

I believe Bret Bielema, head coach of the University of Wisconsin football team took a dig at his critics today. Not to a reporter, but on the field of play.

Last week Wisconsin rolled Indiana by a score of 83-20, and many national media pundits were up in arms about that score. Many complained that Wisconsin still passed the ball in the fourth quarter, with a huge lead. They didn't mention it was 3rd and 4th string players still scoring on Indiana, only that Wisconsin kept scoring. Evidently the players were supposed to take a knee after any gain of more than 2 yards to give Indiana the ball back.

This week Bielema took a shot at them by calling 29 straight running plays in the second half against Michigan (31 if the victory formation is counted). They still scored four more times, with only 1 pass in the half. The message was pretty simple, run, pass, whatever, the defense has to stop us, and they haven't been able to lately.

Bielema would have been justified throwing this week, Michigan was making a run and got to within 2 scores a couple of times. They continually stacked the box with nine men. They still ran, and still scored.

LSU, Stanford, TCU and Boise State will all be looking at the films from the last two games; those are the most likely opponents for Wisconsin come bowl time. My guess would be each will hope one of the others gets to play the Badgers.

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Thursday, November 11, 2010

Thank A Veteran Today

Today is Veteran's Day. When you see one, thank him or her for their service.

My daughter put her thoughts on the day into a poem.

Look around and see the beauty,
Take a look at the joys we have,
Be amazed at what we can do,
Think of what it took to have all this.
Our freedoms, our rights, our lives,
Stop and think of why you enjoy a life as such
A man, a woman, a father, a mother,
A son or a daughter gives their life each day
A life taken so another can be fulfilled
Freedom isn’t free, but fought for and died for
To the men, women, fathers, mothers, sons, and daughters
Thank you for paying for our freedom,
You are not forgotten,
You are not forsaken,
Thank you for the lives that we enjoy today.
**Stop today and thank a Veteran for the lives we’ve become accustomed to**

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Friday, November 05, 2010

Apple Has Become What It Despised

As I read Steve Jobs lately, extolling the virtues of the iPad/iPod/iPhone and their company controlled markets and development, I realize that his company has become what it claimed it hated back in 1984.




One of his companies big complaints in 1984 was there was no way to customize your PC. Everything was as "Big Blue" said it would be. The Mac was changing all of that with a customizable desktop and easier way to do things.

Now today he sings the praises of every iPhone and iPad having the exact same look and layout.

As a guy on his second Android phone I will say I like the customization. The standard Android setup on my Samsung model was alright, but I wanted a little more. I could add it myself through skins, or whatever. Those are verboten in the iStore, Apple controls the look and feel. Now with my HTC unit I like the 5 main screens and some of their included widgets. Who knows, I may look at Motorola next.

Now I'm looking at Tablet's. My first reaction to the iPad is cool, but too big, too expensive. While Jobs hates the idea of a 7 inch screen I actually like it compared to the 10" screen on an iPad. If I want to use it as a reader, not just a PC replacement 7" is just about right. 10 is too much to lay in bed with (shut up ladies).
Unlike some folks I don't see a tablet PC as a replacement for my notebook or desktop. More of an augmentation. Nice to use to quickly check e-mail, surf the net etc., but not great for doing anything major, real keyboards still work better for that.
So, now I'll wait until after the xMas rush and then start looking. Having looked at the iPad, I know I won't be getting one of those.

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Wednesday, November 03, 2010

Note to the Tea Party

Dear Tea Party Folks,

I'll give you credit, last night you won some good victories. You also left a few seat in the other guys hands because of your candidates.

Contrary to the Tea Party/Libertarian philosophies, politics is as much an art of dealing with the distasteful when necessary as it is standing always on one set of principles. If you don't believe that, just look at that huge delegation from the Green Party in congress, or Libertarians for that matter.

Sometimes, and in some places, you are going to have to accept that a "mainstream GOP" candidate is going to BETTER represent your agenda than the Democrat who's sure to win against your next Christine O'Donnell.

No one wanted a Sharron Angle to win more than me, I despise Harry Reid. But the fact is, I never doubted that she'd lose. Nevada is full of good GOP candidates, and you picked the loser.

Again, you get credit, you did better than the Kosite Netroots in 2004, when all of their candidates went down in flames. However, you still have a bunch to learn about politics.

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Note to the GOP

Dear GOP,

Last night you won some resounding victories in the election. Four years ago you got your clocks cleaned, and now have made up that ground and more in the House. However, you only control one branch of government, not 3, and will have to do some compromising.

As much as the Tea Party folks want you to repeal anything President Obama has signed in the last couple of years, you can't. What you can do is modify some of it. Some folks in the party might cringe, but you'll have to find some common ground with Obama and Reid if you want to do anything.

Secondly, if you haven't noticed, this is the 3rd election cycle in a row where America has voted for "change". So, doing nothing, or worse; obstructing everything; will probably have you leading the charge out of town again in 2012.

The truth is you have about 16 months to actually accomplish anything. After that we start hitting early caucus' and primary elections for 2012, and as this year proved, nothing happens from the start of the primary season until after the election. No one wants to cast a vote that might kill them come November.

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