Daily Archives: March 8, 2012

Eric Hovde Announces Wisconsin U.S. Senate Bid

Hedge fund manager, CFO Eric Hovde announces Senate bid

GREEN BAY, WI (WTAQ) – Hedge fund manager Eric Hovde announced his Republican candidacy for the U.S. Senate Thrusday by lashing out at the Obama stimulus and the TARP banking bailout program. But the Associated Press cited federal records which showed that Hovde’s investment company put money in at least 33 banks that received $29-billion in TARP funds. Hovde was asked about it during an appearance near Madison. He said his firm invested in a host of companies, but he never owned a bank that received TARP funds. Hovde said he was against the way the bailout program was structured. He’s the CEO of Hovde Capital Advisors. It manages hedge funds

Read more at WTAQ.

Looks like another candidate for Wisconsin U S Senate seat replacing Herb Kohl.

Hovde Web link.

Vote 12345
Image via Wikipedia

Wis Tea Party Leaders React to Mining Debacle

For Immediate Release: March 8, 2012
Contacts: Kim Simac, 715.479.8784
Annette Olson, 715.760.0665

Wisconsin Tea Party Leaders React to Mining Debacle

(Eagle River, WI) – Few examples illustrate as clearly as the GTac mining debacle why citizens across the state of Wisconsin now claim allegiance to the Tea Party Movement. So many of the problems with which we take profound issue have been on prominent display in recent days—not least, holding industry hostage to excessive taxation and over-burdensome regulations. The shameful and all too predictable outcome in this case has been yet another crippling of entrepreneurial spirit in our state.

.
Who really pays?

.
GTac is a large, proven employer with a good track record, whose executives honorably promised to bring good conservation practices and a great economy to a state starving for jobs. They can now find some other state in which to mine. Northern Wisconsin, however, remains in economic depression, under which it has already suffered for years. Hundreds of people across the state desperately want and need solid, good-paying jobs to help them survive a challenging economy remain. The GTac mine and the expansion it would have brought to related business and industry could have made a substantive difference. Never mind the valuable tax revenues this mining project would have brought to state and local tax bases.

.
As Tea Party organizers in Wisconsin, we have publicly maintained these past three years that opportunity, prosperity, and the individual right to pursue them have been grossly hindered by over-reaching and infringing state and federal governments. We have also consistently noted too great a willingness on the part of our elected officials to pander to special interests against the wise will of the people. We amplify that message today.

.
The mining bill is not the first victim of this marriage between special interests and big government. We can cite many others. The rich, renewable resources available in Wisconsin’s forests, for example, have long been placed beyond the reach of those who could benefit from them. Environmental groups, with the complicity of too many politicians and bureaucrats, have essentially hogtied Wisconsin logging, mills, and additional wood product businesses.

One must ask the question: How do environmental groups and the elected officials who pander to them propose that residents of Northern Wisconsin provide a living for themselves? With this mine now yanked out of reach, with the promise of economic success once again cruelly removed, how will people continue to inhabit these regions? Could it be that prosperity and a future for these citizens is not a priority for these special interest groups and their elected friends?

.
We put these questions to our Democratic state senators and their close ally Senator Dale Schultz, whose ―Republican‖ alignment with radical environmental and other special interest agendas raises serious questions of its own.

.
This is a sad day for Wisconsin, and particularly for the children of our state, whose short- and long-term wellbeing has been grossly overlooked. Radical outside interests, using obvious

influence to control the decisions of our legislators, have in fact assured that the children of northern Wisconsin in particular, now face a future of far less stability, opportunity, and prosperity.

.
We, the undersigned and our respective memberships, will not rest until this trend is reversed.

Kim Simac and Shirley Kufeldt, Northwoods Patriots
Annette Olson, Un-Infringed Liberty
Kirsten Lombard, The Wisconsin 9/12 Project
Dan Horvatin, Rock River Patriots
Joanne Terry, Ozaukee Patriots
Matt Strublic, Oshkosh TEA Party
Jim Kiser, Fond du Lac TEA Party
Jeff Horn, Prairie Patriots
Paul Lembrich, Rock County Voter Education Forum
Ed Perkins, Fox Valley Initiative
Ken Van Doren and Todd Welch, Campaign for Liberty
Dr. Sidney Johnson, Central Wisconsin Tea Party
Lora Halberstadt and Nancy Milholland, Racine TEA Party
Seth Cowan, Wolf River Area Patriots
Joe Delsman, Northeast Wisconsin Patriots
Steve Welcenbach, Conservative Insurgency
Dan Curran, Concerned Citizens of Iowa County

Michigan Ends Automatic Deductions For Union Dues

School union dues bill passes
Michigan school prohibited from automatic deductions

March 8, 2012
The Associated Press

LANSING (AP) – The Republican-led Michigan Legislature narrowly approved a measure Wednesday that would prohibit public schools from automatically deducting union dues from the paychecks of teachers and other employees, a move that unions consider another attack on collective bargaining rights.

Some Republicans joined Democrats in opposing the measure, which was approved 20-18 in the Senate and 56-54 in the House. The bill goes to Republican Gov. Rick Snyder, who intends to sign it, spokesman Ken Silfven said.

Read more at Escanaba Daily Press.

Shouldn’t be a big deal for the teachers unions. Schools are for teaching, not collecting union dues.

LANSING, MI - APRIL 13: Thousands of union mem...
Image by Getty Images via @daylife

Madison Tech School Running a Little Short On Cash

On Campus: MATC enrollment does not meet expectations in midst of building expansion

Madison Area Technical College over-estimated how much money it would bring in this year by about $1.3 million, in part due to the fact that enrollment was not as robust as expected, college officials said.

The MATC District Board approved a budget adjustment Wednesday night based on new enrollment projections.
Enrollment for degree-seeking, full-time students is down about 4 percent from this time last year. (This is based on a calculation known as “full-time equivalent” used to determine state aid. College officials say head count — or the pure number of students at the college — is actually up about .5 percent from last year).
“What it means is we have more actual students attending here, but they’re taking less credits on average,” said Terry Webb, MATC provost. “We have a lot more part-time students.”

Read more at Wisconsin State Journal.

Seems they have a money problem in Madison. So will the rest of the state pay for them? Is it time to put a fence up around Madison?

Madison Area Technical College
Image via Wikipedia

Wisconsin: Seems We Are Now Losers, Thank’s Bob

Our view: Jauch, Wisconsin losers in missed mining venture
A couple of years back, along Wisconsin’s borders, three words were added to the bottoms of the “Wisconsin Welcomes You” signs. “Open for business,” the additions announced. But is Wisconsin? Really?

A couple of years back, along Wisconsin’s borders, three words were added to the bottoms of the “Wisconsin Welcomes You” signs. “Open for business,” the additions announced.

But is Wisconsin? Really?

You wouldn’t have known it this week, not after the state’s Senate rejected mining legislation despite months of dealings and negotiations. Frustratingly, deliberations devolved into divisive, bitter debates along party lines. While politicians seemed to be doing little more than jockeying for credit while making sure the other party couldn’t score a victory, the state — and especially northern Wisconsin — was losing.

We lost big.

In the wake of the Senate’s rejection, Gogebic Taconite LLC threw up its hands in frustration and abandoned Wisconsin. The prominent mining company took with it $1.5 billion of promised private investment and 600 to 700 good-paying jobs, and in a region racked by low wages and high unemployment.

Read more at Duluth News Tribune via Jay Weber and Vicki McKenna at 1130 WISN.

 

MADISON, WI - MARCH 08:  Wisconsin State repre...
Image by Getty Images via @daylife

Call Wisconsin Senators: Information For March 8, 2012

Since Wisconsin democrat senators and Dale Schultz don’t care about jobs in Wisconsin, why not give them a call and give them a piece of your mind. They all voted against the mining bill for northern Wisconsin.

Here is one senator Bob Jauch and his Web Site;

Welcome to my website. I am thrilled to have the opportunity to serve the needs of the 25th Senate District and northern Wisconsin. This website provides access to a wide variety of information about your district, our state government and my work as a state senator. I hope it becomes a valuable resource for you.
If you ever want to voice an opinion on an issue, need help with a state agency, or if I can be of any other assistance, please contact me.

Legislative Information District Number

Tim Carpenter (D)

Web Page

03

Spencer Coggs (D)
Web Page
06

Tim Cullen (D)
Web Page
15

Jon Erpenbach (D)
Web Page
27

Dave Hansen (D)
Web Page
30

Jim Holperin (D)
Web Page
12

Robert Jauch (D)
Web Page
25

Jessica King (D)
Web Page
18

Chris Larson (D)
Web Page
07

Julie Lassa (D)
Web Page
24

Mark Miller (D)
Web Page
16

Fred Risser (D)
Web Page
26

Dale Schultz (R)ino
Web Page
17

Jennifer Shilling (D)
Web Page
32

Lena Taylor (D)
Web Page
04

Kathleen Vinehout (D)
Web Page
31

Robert Wirch (D)
Web Page
22

Michigan Cuts Off Food Assistance From $1M Lotto Winner

$1M Mich. lotto winner cut from food assistance

LINCOLN PARK, Mich. (AP) – State officials say a Detroit-area woman who won a $1 million lottery prize but continued to get food stamps has been removed from the food assistance program.

The Michigan Department of Human Services said Wednesday the lottery winner no longer was getting benefits. It followed a report this week from WDIV-TV in which 24-year-old Amanda Clayton of Lincoln Park acknowledged continuing to get $200 in monthly food aid after her September win.
Her mother, Euline Clayton, tells The Detroit News her daughter didn’t break any laws.

Read at USA Today.

A win for the taxpayers of Michigan.

Near Bakersfield, California. Applicants for s...
Image via Wikipedia

SEIU Working With Occupy, Don’t Tell Anyone, It’s a Secret

Secretive SEIU network partners with Occupy movement, raises nationwide hell
Published: 2:49 AM 03/08/2012

his is the second in a Daily Caller investigative series

During the past year, politically aggressive front groups founded by the Service Employees International Union (SEIU) have been partnering with regional “Occupy” groups to pressure businesses and politicians, The Daily Caller has learned.

The organizations — including This Is Our DC; Good Jobs, Great Houston; Good Jobs, Better Baltimore; Detroit’s Good Jobs Now; Fight for Philly; One Pittsburgh; Good Jobs LA; and Minnesotans for a Fair Economy — employ “flash demonstrations” and other tactics to deluge their political targets with protesters, sometimes numbering in the hundreds.

Since Monday, TheDC has identified another organization in this network: “Working Washington,” whose Seattle-based website mentions nothing about its SEIU ties. That site, however — like those of the other front groups — is hosted on a server that TheDC traced back to the SEIU.

In keeping with the SEIU’s pattern, Working Washington’s corporate registration filed with the state government in Olympia, Wash. lists Secky Fascione as its registered agent. On her LinkedIn profile, Fascione identifies herself as an “Organizing Coordinator at SEIU.”

The union’s connection to its localized network is clear. An SEIU-tied Washington, D.C. law firm incorporated each group. Founding board members are SEIU executives and organizers, and the organizations’ founding addresses match those of SEIU locals in each city.

Read more at The Daily Caller.

We are shocked that the unions are working with Occupy hand and hand, just shocking!

Français : Logo SEIU
Image via Wikipedia

 

Oh Happy Day’s: Jobeless Claims Up 8000, “but labor market healing”

WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits rose last week, a government report showed on Thursday, but not enough to change perceptions that the labor market was strengthening.

Initial claims for state unemployment benefits increased 8,000 to a seasonally adjusted 362,000, the Labor Department said. Even with the increase, claims are still near their lowest in four years.

Still, the recovery in the labor market remains painfully slow. The number of people still receiving benefits under regular state programs after an initial week of aid rose 10,000 to 3.42 million in the week ended February 25.

In January, about 43 percent of the 12.8 million unemployed Americans had been out of work for more than 6 months, a major cause of concern for the Federal Reserve.

Moreover, 23.8 million people are either out of work or underemployed and there are no job openings for nearly three out of every four unemployed people.

Read more at Yahoo Finance.

Hope and change, hope and change, hope and change, hope and change, hope and change, hope and change, hope and change, hope and change, oh happy days!

Bowery men waiting for bread in bread line, Ne...
Image via Wikipedia

Wis: Hurley Residents Deserve Better

Hurley residents decry ‘devastating’ collapse of Wisconsin mining bill
March 7th, 2012

Laura Kacsir didn’t get the memo that Wisconsin doesn’t want an iron mine, and she wasn’t ready to move on.

Kacsir, a longtime resident of Hurley, located in what would be the backyard of the proposed open-pit mine, said her town was hurting because of the Senate’s failure to come to terms on mining, and the company’s decision to pull out. She imagined many around the Badger State felt the same way.

“Wisconsin is interested in mining. It’s not Wisconsin; it’s our representatives. They’re not speaking for the people,” said Kacsir, a clerk at the Days Inn hotel in Hurley.

For Hurley residents like Kacsir, mining was about bringing jobs back to a region with some of the highest jobless rates in the state. It was about bringing an opportunity to too many people who have been out of work too long, to young people who have left the area because the potential for a better life left the Hurley area long ago.

“This is devastating to the area” she said of the probable death of legislation that could have opened up a mine in northern Wisconsin.

The jobs wouldn’t have come overnight. Even the bill that would hasten the process still had to abide by a series of regulatory checklists.

But Frank Lesky, a maintenance employee in Hurley who worked in a nearby copper mine until it closed, said he’d go back to mining in a heartbeat.

He said he isn’t interested in being bullied by anybody — the mine company or the lawmakers — and environmentalists, he said, have turned opportunity away.

“The roots of mining run deep here,” he said. “I worked in mining for eight years, and worked under ground for six of them. It raised my family and gave me good paying jobs with benefits and insurance.”

Read more at Wisconsin Reporter.

Sad that the people of northern Wisconsin are already forgotten.

Map of Wisconsin highlighting Iron County
Image via Wikipedia