Politics

Which Newt Will Show Up?

by Bill O'Connell on January 17, 2012

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As a conservative, I can’t help but admire Newt Gingrich’s performance in the Republican debates and lust for the opportunity to see him debate Barack Obama head to head. But then I have a nagging doubt that if Newt were to become the nominee, which Newt will show up?

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Most People Like to Fire the Same People Romney Does

by Bill O'Connell on January 11, 2012

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I find it extremely disappointing that so-called conservatives have jumped on Mitt Romney about a comment he made about firing people. Newt Gingrich, Rick Perry and some others took the comment entirely out of context to score some cheap political points. In their attack from the left they are writing the script for Obama, should Romney win the nomination. I can see Ronald Reagan shake his head and mutter, “Did I teach you nothing?”

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The Democrats are nothing if not persistent. After trying to hang this dismal economy on President Bush while the Obama administration repeats every mistake from the Great Depression to create their own version, Tim Bishop says let’s go all in!

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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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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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Drawing by DonkeyHotey

Rather than do their job, Congress and the President designated a super committee to do it for them. The committee failed miserably.  But what exactly were they shooting for?

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Shovel Ready Jobs? Shove It!

by Bill O'Connell on November 11, 2011

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Photo by shannonpatrick17

First we were told we had to pass the stimulus bill because if we didn’t unemployment would rise to 9%. The good news was that there were hundreds of shovel ready project raring to go. Later we learned that “shovel ready was not as shovel ready as we expected.” $800 billion dollars of squandered stimulus dollars later, unemployment is at 9%. But what about a real shovel ready project that doesn’t need taxpayer dollars?

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Statically Stuck on Stupid

by Bill O'Connell on November 10, 2011

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photo by cliff1066

Just because Democrats are statically stuck on stupid, why do they think everyone else is? What I am referring to is static analysis of changes to the tax code. Democrats always want to have any potential changes statically scored. In other words if Democrats raise rates 10%, naturally, the government will get 10% more revenue. If on the other hand you cut tax rates 10%, a very bad thing, tax revenues will fall 10%. The problem is that they have been proved wrong every time. In other words, Democrats believe that if they raise tax rates you will be too stupid to change your behavior in response.

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Why the Current Tax Code Needs to be Scrapped

by Bill O'Connell on November 1, 2011

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photo by chasingfun

It is no surprise to anyone that we have a government that is out of control with spending. We have the Tea Party and OWS agreeing that crony capitalism is out of control. So what does this have to do with the tax code?

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