Lake Erie Conservative

thoughtful discussion(s) about issue(s)

Posts Tagged ‘public finance’

… Puerto Rico needs a Financial Restructuring [#Chapter 9]…

Posted by paulfromwloh on Wednesday,January 18th,2017

.. or , the rough equivalent of a Chapter 11 bankruptcy reorganization ..

.. yes , the public sector bondholders are going to take a serious ” haircut . ” But doing so will also teach them an important lesson . The US Government ‘ s Treasury is not a bottomless pit , where states and other entities can go for a bailout when the need suits them …

.. [h/t — Newsmax.com]..
.. [link] to the blog post …

.. that way , once Puerto Rico emerges from its restructuring , it will have to pay a much higher price for its financial folly . In that way , it will do so just like any business that goes through a Chapter 11 bankruptcy reorganization plan . public entities are different , though ..

.. you cannot breakup a state , county , or local government . You have to live with what is there . The near – term financial future for that reorganized entity will be tough . But it will have learned a very hard set of lessons ..

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… Why China is a Problem [#state sector]…

Posted by paulfromwloh on Wednesday,November 23rd,2016

.. when you are a communist nation , and you begin to reform , you do have to privatize . But , you also have to allow the private sector to create things on its own . Don’t direct it . let the private sector work ..

.. but , you are still a Communist nation . You still have a state sector to deal with . Boy , does China have a problem to deal with , and how ..

.. China allows the state sector to operate as a jobs – creation machine . It does not , in this case , give a flip about profits and or losses . It just wants the jobs . You bet , that that situation is the problem ..

.. [h/t — Newsmax.com/Finance]..
.. [link] to the blog post ..

.. the state sector has to be allowed to shrik it way out of existence . Otherwise , China will continue to have grossly outsized economic distortions , as a result …

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… this News Report is Damning [#Clinton Foundation finances]

Posted by paulfromwloh on Saturday,August 27th,2016

. it is several thousand words long . It is long [these days ] for a New York Slimes piece …

..so , what does it reveal ? quite a bit . It reveals an interlocking chain of you – scratch – my – back and I will – scratch yours antics of business dealings , and then of foundraising for the Clinonnoid Foundation . It also shows how Mr. Bill ends up getting much , much richer , even richer than he had in his post – presidential days already . So , is this the end of it ?? ..

.. [h/t — NYSlimes.com]..
.. [link] to the news article …

.. not by a long shot . I suspect that Peter Schweizer has assembled quite an amount of research . Itt just not consist of resources , but targets , and other information that other media can use to verify information in his book and ffrom the Government Accountability Institutte . …

.. it will not be for the Slimes , the Washington ComPost , and FoxNews to use . Other media will be free to make use of it , if they so choose …

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… It Figures [#Planned Murderhood funding]…

Posted by paulfromwloh on Monday,August 3rd,2015

.. no , not about US funding for Planned Murderhood . We already know about that . I am talking about more US funding for Planned Murderhood ..

.. which is worse ..

.. [h/t — WFB.com]..
.. [link] to the news article ..

.. the US State Department [while under Miz Hillary ‘ s watch] dispensed up to $100 million [or more] to Planned Murderhood International ..

.. yuck ! …

.. under Bush 41 or Dubya [or Reagan] , this would not have happened . There was put in place an executive order [the ” Mexico City ” policy] banning this kind of aid where it came to abortion or abortion – related counseling . It applied to any pro – death organization , not just Planned Murderhood …

.. so the corruption of the Clintons extends futher to Planned Murderhood …

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… No , You Idiot [#Chris Hayes is a Moron]…

Posted by paulfromwloh on Friday,April 18th,2014

.. it is because the Medicaid expansion is a bad deal for the states ‘ budgets …

.. [h/t — hotair]..
.. [link] to the blognews…

.. the states that refused to expand Medicaid do not trust the Federales to keep their end of the bargain , Chrissie ! … the states generally (with 2 or 3 exceptions) have balanced budget amendments . They have to balance their budgets every year . They also have to deal (first hand) with the ” Medicaid Monster ” and the effect on their state budget …

.. the Feds have supposedly made a promise . Yea , they have made those kind of promises before . Guess what happens ? They are not kept , and the states are left financially holding the bag for the ” unfunded mandates ” that the Feds stick them with …

.. eventually the Feds are going to get a financial reality check in dealing with ObamaCrapCare and its expenses . When the budget cutting comes , the effects of it are not going to be pretty . Worse yet , people are going to be screaming bloody murder over it , and the people who die as a result . Then there will political hell to pay for it . Guess who gets it ? not the GOP … you got it , the DemoCraps will catch hell …

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