December 2011

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In his recent telephone town hall meeting, Tim Bishop expressed his support for the continued payroll tax holiday but making it clear that it would have no impact on the Social Security Trust Fund. Money for Social Security would continue to go into the trust fund from other sources. What other sources you might ask? I may have an answer for you.

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Tim Bishop’s Phone Center Folly

by Bill O'Connell on December 27, 2011

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Tim Bishop has submitted legislation to punish firms that use overseas call centers. He is desperate. He needs an issue that he hopes will sneak him past the electorate into office for another two years. Outsourcing worked for him last time, so he is trying to put lipstick on that pig and pass it off as bold, new thinking. What I am thinking is when is Tim Bishop ever going to represent the people who actually live in his district?

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Tim Bishop Remains Clueless in Online Town Hall Meeting

by Bill O'Connell on December 14, 2011

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Congressman Tim Bishop held an online town hall meeting to hear questions from constituents and give his answers. Perhaps he thought this a safer forum than a live town hall meeting. Last year’s meeting in Setauket did not go well and was soon viral on You Tube.

I will comment on three of the topics from that meeting: the payroll tax cut, regulations, and manufacturing jobs.

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Obama: The Payroll Tax Cut and Taxing the Rich

by Bill O'Connell on December 11, 2011

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With the economy in shambles and his campaign sound bites and early interviews as president coming back to haunt him, President Obama has ramped up the class warfare rhetoric. Let’s put the lie to these strategies.

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As the Occupy Wall Street movement starts to sputter and annoy people, a recent announcement by New York University pretty much sums it up.

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Send In the Clowns: Corzine, Biden, Obama

by Bill O'Connell on December 8, 2011

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Jon Corzine, one of those very smart Wall Street guys, the former head of Goldman Sachs, testified before Congress today to answer questions as to what happened to his firm MF Global, which is now one of the largest bankruptcies in US history. There is over $1 billion unaccounted for. He simply doesn’t know where it went. This is the guy that Obama and Biden praised when they took office as the first guy they would turn to in the midst of the economic crisis. It explains a lot about where we are today.

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