Press Releases

 

Wednesday
Nov122008

NHAC - Is An Income Tax Coming To NH

Speaker Norelli and other Portsmouth Reps. seem to be heading that way

 


Manchester, NH - Just days after the November election, the once off in the distance dull drumbeat for an income tax here in New Hampshire is getting noticeably louder. In an event held by the Portsmouth Chamber of Commerce Government affairs Committee, Speaker Norelli, Representatives McEachern, DiPentima and other Portsmouth Reps. have taken the first steps towards reversing the New Hampshire Advantage by adding an income tax.

 

"I had to read the article coming out of Portsmouth twice. They are not seriously talking about an income tax to cover the $200 million dollar deficit they caused by their overspending are they? We are only day's post Election and the drum beat for an income tax is getting louder by the moment. Unfortunately, this time it would seem that Speaker Terie Norelli is one of the band leaders. If they are looking for ways to reduce the deficit they caused I have an idea, how about cutting spending?" said Michael Biundo NHAC Chairman.

 

For more information please contact: Matt Murphy of the New Hampshire
Advantage Coalition (603)-475-8435 (cell), or write:
mbiundo@yourmeridian.com

Wednesday
Nov122008

Truth in Accounting - U.S. Adds $1 Trillion in Publicly Held Debt

Since May 30, 2008, less than six months ago, the United States has added a stunning $1.2 trillion dollars to its already bloated public debt. Total debt now stands at $10.6 trillion while that portion held by the public and foreigners is up 20.6% in less than half a year.

 

"Since the time George Washington was president until Bill Clinton assumed the office, we had managed to accumulate $4.2 trillion in debt. President Clinton added $1.6 trillion and George Bush has increased the total by another $4.8 trillion," said Sheila Weinberg Founder of the independent Institute for Truth in Accounting.

 

"Beginning in the middle of the year, the federal government's existing annual deficit has been increased by bank bail outs, insurance company rescues and by coming to the aid to automobile manufacturers and their unions." Weinberg continued. "For the sixty million households that pay taxes, these government programs add more than $20,000 in future liabilities."

 

Weinberg reminds us that the public debt is only a small part of the fiscal challenges that face Americans. "The real problems are the promises we have made to ourselves without a way to pay for them. These unfunded obligations are a consequence of Social Security and Medicare entitlements, primarily and they are nearly five times larger that the "official" debt. The total combination of debt and promises is a whopping $57 trillion or more than $188,000 for every man, woman and child. For taxpaying households, this is an obligation of nearly $900,000!"

 

The Institute for Truth in Accounting is a 501(c) 3 organization with no political affiliations. Our organization is comprised of business, governmental and academic leaders who are committed to the highest standards of honesty and integrity, and who support these principals in the public and private sectors. Our mission is to enhance the credibility of public sector financial reporting by encouraging the issuance of understandable, reliable, and relevant information. For more information about the Institute, please visit our websites at www.truthinaccounting.org and www.truthin2008.org

 

Wednesday
Nov122008

Net Right - Can the Mammoth Be Saved?

Such As The Mammoth: Yet another great cartoon from William Warren

 

How History Is Our Fortune Teller: The Republican party is suffering from the same putrid disease plaguing it since well before its losses in the 2006 elections. The disease is called Liberalism and it has thoroughly infested the party.

 

Trying To Put The Final Nail In The Coffin: Senator John McCain may have lost this week, but make no mistake: Conservatism did not.

 

Sarah Palin -- A Post-Election Tribute: It is now a cliche: I was going to vote for John McCain because he was the lesser of two evils, but then he picked Sarah Palin and I was jazzed.

Tuesday
Nov112008

Office of Congresswoman Shea-Porter - Statement Honoring Veterans Day

Washington, D.C. – Congresswoman Shea-Porter released the following statement in recognition of Veterans Day, observed tomorrow:

 

“Veterans Day is a time to honor our veterans and recognize their tremendous sacrifice for our great country. From the beaches of Normandy and Iwo Jima, to the battlefields of Korea and Vietnam, to the deserts of Iraq and the mountains of Afghanistan, our veterans have made immense sacrifices for our country and we are all truly grateful.

 

“However, saying “thank you” is not enough. Sadly, we have failed to fulfill President Lincoln’s call to “care for him who shall have borne the battle.” There are more than 23 million veterans in America right now, many of whom are struggling with post-traumatic stress, substance abuse, and other chronic health issues as a result of their service. Here in New Hampshire, many of our 130,000 veterans are forced to travel out of state because we are the only state without access to full-service healthcare.

 

“This treatment of our veterans is appalling and shameful. These dedicated men and women answered their country’s call. Our nation’s military heroes should not also be forced to fight for the healthcare and benefits they were promised. My greatest priority in Washington is to make sure that we as a nation live up to our responsibilities to our veterans.

 

“We owe our veterans more than one day of recognition each year; we owe them a lifetime of gratitude. We owe our veterans more than platitudes about “supporting the troops”; we owe them a demonstration of our support through our actions. We owe our veterans far more than words of thanks; we owe them our respect, care, and support.”

 

Tuesday
Nov112008

Begala and Gerson to Discuss Global Challenges Facing Obama Transition Team

Forum to Discuss Global Challenges Facing Obama Transition Team

Transition Advisors from Previous Administrations Examine How President-Elect Obama

Will Tackle National Security and Foreign Policy Challenges

 

Who & What: The Center for U.S. Global Engagement will hold a high-level discussion of the presidential transition and its implications for foreign policy decision-making in the next Administration featuring Paul Begala, Senior Transition Advisor and Counselor to President Bill Clinton, and Michael Gerson, Senior Policy Advisor and Chief Speechwriter to President George W. Bush. The program will be moderated by Jim Lehrer, Executive Editor and Anchor of PBS’ “The NewsHour with Jim Lehrer,” and webcast live at www.usglobalengagement.org.

 

The event is the capstone of the Center’s bipartisan Impact ’08: Building a Better Safer World initiative calling on the presidential candidates “to revitalize America’s moral and pragmatic leadership by making greater investments in our diplomatic and development programs.” During the 2008 election, both Barack Obama and John McCain answered Impact ’08’s call, incorporating into their national security strategies a “smart power” approach that augments a strong defense with new investments in our civilian-led tools of diplomacy and development. President-elect Obama has committed to the most in-depth and far reaching platform embracing “smart power” of any candidate in history.

 

When: Thursday, November 13, 2008

9:00am – 10:30pm (Breakfast will be served)

 

Where: Mayflower Hotel, Grand Ballroom

1127 Connecticut Avenue, NW, Washington, DC