Tuesday, July 23, 2013

Tax and Spend

Ohio Gov. Kasich's proposed highway programs to cost $3 billion, much of which will be paid for by bonds covered by increased tolls on the Ohio Turnpike. The state is learning the value of tolls. They're looting Turnpike customers to pay for all the other highway projects. This is another way politicians are looting the future to make money for themselves today. And we pay for it today too because government seizes resources from the private sector, making us all poorer. Article lists all the projects.

24 Ohio governments and six school districts under state supervision to avoid bankruptcy. This is even with the phony recovery supposedly underway.

Article claims Republicans have finally become bold enough to block funding of Obamacare, effectively shutting down the government. I don't believe it.

Florida county turns some employees to part time to avoid Obamacare expenditures.

Cleveland is one of 19 cities with more government workers per capita than Detroit. Eight more cities in danger of going bankrupt include Cincinnati and four from California.
"The city bankruptcy epidemic is likely to spread around the country, resulting from years of overspending on wages and pensions in order to keep public employee unions happy and city politicians re-elected."
That's exactly what happened.

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