NOW:53045:USA01489
http://widgets.journalinteractive.com/cache/JIResponseCacher.ashx?duration=5&url=http%3A%2F%2Fdata.wp.myweather.net%2FeWxII%2F%3Fdata%3D*USA01489
43°
H 45° L 43°
Cloudy | 7MPH

Practically Speaking

Kyle and her husband moved to Brookfield in 1986. She became active in local politics and started blogging in 2004. Her focus is primarily on local issues but often includes state and national topics, too. Kyle looks at things from the taxpayers' perspective in a creative, yet down to earth way, addressing them from a practical point of view.

Wisconsin Senate mining bill took wrong turn, now better

Environment, Economy, Legislation, WISCONSIN

Wisconsin's Assembly passed AB 426, a Iron Mining Bill, in January. It essentially was designed to speed up the expensive, long drawn out 3-year DNR approval process to a 360 day maximum permit deadline.

Wisconsin's Senate came up with their version earlier this week, however, theirs was far worse than the long, drawn out process we presently have. Among other bad stipulations, it added a new $2 per ton tax on top of the present 15% of net proceeds tax. Since the mine would produce from 8 to 16 million tons a year, that new stipulation would cost the mining company from $16 - $32 million dollars of additional expense. So that Senate version of the the good Assembly Bill 426 would be far worse than the unfavorable process we currently have in Wisconsin.

Thankfully, many Wisconsinites contacted their State Senators, urging them to support mining in Wisconsin and not vote for this terrible Senate version, with its unfriendly business taxes and regulations. So many people called and emailed that Senate Majority Leader Scott Fitzgerald disbanded the Senate mining committee, scrapped the Senate version, and sent the clean, better AB 426 Assembly version to the Joint Finance Committee, which will send it directly to the Senate floor.

So people, you made the difference. We are still not out of the woods though because the Assembly version can still be amended in the Senate. They can still add on the poison-pill provisions, but at least this way, those promoting those bad ideas will be known and each Senator will have to take a stand if they are for or against mining jobs in Wisconsin.

Just how unfavorable is Wisconsin for mining companies to do business here? Here is a little test:

What do Zimbabwe, The Congo (DRC), India, Bolivia, Honduras and Wisconsin have in common? They rank among the top 10 bottom scorers of 79 locations throughout the world--Antarctica excepted--friendly to the mining industry.

The Fraser Institute surveyed the opinions of mining executives, exploration managers and mining consultants from around the world and found Wisconsin scored the worst in Environmental Regulations and 2nd worst, only to Hugo Chavez' Venezuela, for "Uncertainty concerning the administration, interpretation, and enforcement of existing regulations". (Click link and scroll down to look at graphs)

How did this happen to Wisconsin? We're the Badger State. Badgers because they dig and burrow!

Wisconsin, with our flag depicting a miner standing to the right of the shield and sailor to the left, state products representing the state's major industries adorning the shield and badger on top: "In four sections surrounding the shield are representations of the states main industries: Agriculture, mining, manufacturing and navigation. The cornucopia and pile of lead represent farm products and minerals. (My emphasis)

Read more

0% job growth: What didn't work then isn't working now!

2012, Economy, President Obama, Truth

That is right, for the first time since Feb. of 1945, the U.S. economy showed NO, Zero, the Big 0 job growth for August 2011.

If that wasn't bad enough, CNBC reports that Heidi Shierholz, economist at the Economic Policy Institute in Washington, D.C. said, "Though much attention is being paid to ‘zero job growth’ in August, the real news in today’s numbers is that job growth is worse than in recent months, and the nation continues to produce far fewer jobs than needed to meaningfully reduce the unemployment rate. ...In fact, in some ways the report was less than zero in that weekly hours fell, as did hourly earnings." (My emphasis)

This report just reflects the reality many Americans already know: the US economy is in real trouble. Despite the billions of dollars spend on Stimulus, son of Stimulus and any form of Stimulus out there, these spending programs just aren't cutting it!

Perhaps the only American who still doesn't get this is President Obama, who is expected to propose more of his same failed policies in his coming speech on jobs. No doubt he will tout more spending, more Green jobs, more government.

One can't help conclude, 'We're Spending More Than Ever and It Doesn't Work'. That was the title from a Heritage article from January 14th, 2009. It is worth reading in its entirety.

The title is actually a quote from Henry Morgenthau Jr., "close friend" and "loyal secretary of the Treasury to President Franklin D. Roosevelt--and key architect of FDR's New Deal" in 1939!

Here are some more quotes from Morgenthau, “We have tried spending money. We are spending more than we have ever spent before and it does not work.”

I say after eight years of this Administration we have just as much unemployment as when we started. … And an enormous debt to boot!” (My emphasis)

Sound familiar? What didn't work in FDR's time, isn't working now either.

So I say, after 2 1/2 years of this Obama Administration, we have even more unemployment, and an enormous, unsustainable debt to boot!

It is time for a change. .

Read more

Wow! Wisconsin gained 9,500 jobs in June, while Nation gained only 18,000

Economy, TAXES, WISCONSIN

Correction: Blog title has been changed from Wow! Wisconsin accounted for 1/2 of new private sector jobs in nation, as this was an inadvertent misinterpretation of the statistics. Wisconsin did see 12,900 new private sector jobs in June, for a net gain of 9,500 new jobs after losses are subtracted. Other states also experienced large job gains. These gains however were offset by other states huge losses. Correction also noted on closing statement.

Read more

VK's Field of (broken) Dreams for sale, just $3M!

City of Brookfield, Development, Economy

Read more

A Hooters in Brookfield? So much for image

City of Brookfield, Culture, Development, Economy

Adios Pedro's. Hola Hooters. UGH

Read more

Wall Street GREED caused crisis?

Economy, Unintended consequences

 http://www.ibdeditorials.com/IBDArticles.aspx?id=307228725989304 Failure to be Real Capitalists Caused Crisis

Read more

More shoes will drop in this economy if we don't change our ways

Economy, Elections

We're bailing out Freddie and Fannie. We are giving life support to AIG. We are helping out the banks. Think it will end there?

Read more

McCain ad points to Obama's former Fannie Mae financial advisor,

Economy, Elections, McCain 2008, Obama 2008

Barack Obama has an ad running about lobbyists advising the McCain campaign. In light of the Freddie and Fannie mess, and that Obama was the #2 recipient ($152,698) of Freddie/Fannie donations, if I were Obama, I don't think I would even bring this up. (McCain "has taken $16,400 from Freddie and Fannie employees since 2005.")

Read more

Another reason to avoid "Made in China"

Economy, Ethics, Healthy living, THE ECONOMY, Truth

It has happened again. Tainted Chinese made baby formula* has caused 3 infant deaths in that country. More deaths will probably follow since 1,253 babies are already sick, and at least 10,000 infants have been exposed. (In 2004, 13 babies died from "drinking fake milk powder.")

Read more

Gas prices fall and so does interest in small cars

Economy, Energy

According to Wednesday's USA TODAY Money section, the slight fall in gas prices has already influenced the type of car people are looking at.

Read more

Page Tools

Archives