Democrats will apparently move forward with their enormous tax-and-spend bill known as Waxman-Markey this week and it’s all concealed in a cloak of green political correctness. The real purpose of the plan is to dramatically enhance the power of Washington politicians by giving them control over vast swaths of the U.S. economy.

Democrats have apparently reached an agreement to move forward with a House vote on the huge cap-and-trade energy tax known as Waxman-Markey this week.

The monstrous bill has already grown from the 946-page version passed by the House Energy and Commerce Committee to an even-heftier 1201-page version released by House Democratic leadership last night. Read the rest of this entry »

With each spending proposal President Obama rolls out, the deficit grows astronomically and the American people are growing more concerned.

Among his many promises upon taking office, President Obama’s goal of cutting the federal deficit in half by the end of his first term is perhaps his loftiest.

Yet with each spending proposal Obama rolls out, the deficit grows astronomically and the American people are growing more concerned. Read the rest of this entry »

Wednesday, June 24, 2009
By Christopher Neefus

(CNSNews.com) – A New York Times/CBS News poll released Saturday that showed broad bipartisan support for President Obama’s health care reform, over-sampled Obama voters compared to McCain voters, critics say.

The poll, administered June 12-16, found that 72 percent of respondents favored the creation of a government health-insurance plan that would compete with private insurers. Read the rest of this entry »

(Reuters) – Two U.S. Democratic lawmakers want Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages on new condominiums, saying they could threaten the viability of some developments and slow the housing-market recovery, the Wall Street Journal said.

In March, Fannie Mae (FNM.N)(FNM.P) said it would no longer guarantee mortgages on condos in buildings where fewer than 70 percent of the units have been sold, up from 51 percent, the paper said. Freddie Mac (FRE.P)(FRE.N) is due to implement similar policies next month, the paper said. Read the rest of this entry »

In looking over some of the numbers touted by the Mayor and baseball team owner Billy Prim I think I may need to go back to school to learn exactly how they came up with the numbers they say will pay off the stadium’s $40 MILLION DOLLAR price tag.

According to the parties involved they will be able to pay off the stadium loans, which Winston-Salem signed for, in 25 years based on an average attendance of 300,000 per season. Now where this goes south pretty fast is just how does Prim think he is going to get those 4,300 fans per game when on average they have less than 700 showing up to see the Dash so far this year? Even if you discount the lack of enthusiasm for their current ballpark last year’s average game attendance was a mere 2,500.  Just where does Prim and Mayor Joines think they are going to get another 1,800 bodies to fill those seats? Of course the city officials touted Greensboro as an example of projected numbers and sales however I think we all know Greensboro is a totally different market than Winston-Salem.

According to The Biz of Baseball out of 82 teams in Class A Baseball only 16 teams drew an average 4,286 fans. The yearly growth in attendance at the former Warthogs games was around 135 fans, roughly 5.5% growth, yet now with a new stadium they expect to see that growth rate jump some 70%? Of course that number is based on the 2008 attendance not the current average of less than 350 fans showing up in 2009.

Oh and by the way this new stadium with a price tag of $40.1 MILLION DOLLARS is the most expensive Class A stadium built, more than $6 million over the second most expensive stadium and on par with Triple A teams like Columbus which on average seat 10,000 fans, almost double what the Winston-Salem Bailout Stadium will seat!

So look out North Carolina our “fuzzy math” Mayor has just been appointed Chairman of the State Economic Advisory Board which advises the NC Department of Commerce on such things as Tax Incentives for businesses and I think we all see how well that has worked.

Sources: Journal Now, The Biz of Baseball, and The American Chronicle

I’m a little late on this one as I just now found out however it looks like Winston-Salem will be losing another 185 good paying jobs as Jostens closes it’s plant off South Stratford Road. Jostens will move it’s yearbook printing services to it’s other plants which happen to be located in states like Tennessee with no income tax on wages or maybe South Carolina with it’s corporate tax rate of 5% vs. North Carolina’s 6.9%. Jostens has increase production and invested in plant upgrades at these other locations making the Winston-Salem plant a victim of over capacity.

Be warned of a very authentic looking email claiming to be from Microsoft saying you need to install an update patch for Outlook. Microsoft DOES NOT send out such notices. Do not click links in emails just because they look valid. Below is a copy of the email:

By SARA MURRAY

Welfare rolls, which were slow to rise and actually fell in many states early in the recession, now are climbing across the country for the first time since President Bill Clinton signed legislation pledging “to end welfare as we know it” more than a decade ago.

Twenty-three of the 30 largest states, which account for more than 88% of the nation’s total population, see welfare caseloads above year-ago levels, according to a survey conducted by The Wall Street Journal and the National Conference of State Legislatures. As more people run out of unemployment compensation, many are turning to welfare as a stopgap. Read the rest of this entry »