Menendez Disagrees with Obama’s $250,000 Tax Cut Cap
Posted on July 9, 2012
The race for U.S. Senate between incumbent Democratic Sen. Robert Menedez and Republican challenger Sen. Joseph Kyrillos is heating up with accusations about each candidate flying. Menendez told NJ Today Managing Editor Mike Schneider that his focus is on New Jersey residents. He also said he disagrees with President Barack Obama’s plan to cap the Bush tax cuts for those making less than $250,000.
Menendez said his campaign is focused on what the state’s residents are focused on. “Our focus is talking about how do we create jobs, how do we create economic opportunity, how do we provide health care security for families, how do we stop our addiction to foreign oil and create new energy sources here in America,” he explained.
Taya Romano formerly of Ridgewood pleaded guilty to a scheme to defraud two New Jersey families
TRENTON, NJ—An Oklahoma woman who formerly lived in Ridgewood, New Jersey. pleaded guilty today a scheme to defraud two New Jersey families relating to the purchase, financing, and improvement of real estate in Oklahoma, United States Attorney Paul J Fishman announced.
Taya Romano, (a/k/a Taya Waldon), 36, pleaded guilty before United States District Judge Peter G Sheridan in Trenton federal court to an information charging her with conspiracy to commit wire fraud.
According to documents filed in this and a related case and statements made in court:
In 2008 and 2009, Taya Romano conspired with her then-husband to solicit and obtain money from two sets of family friends in New Jersey for investments in what Romano represented to be purchases of apartment complexes and undeveloped land in Oklahoma. Romano solicited a series of investments from each of the two sets of family friends, obtaining a total of $1,032,750 from one couple and $890,000 from the other couple. Romano and her husband did not use these funds for the purposes they had represented.
The charge to which Romano pleaded guilty is punishable by a maximum potential penalty of five years in prison and a fine of $250,000, or twice the amount of pecuniary loss suffered by the victims of the conspiracy.
Report: 83 percent of doctors have considered quitting over Obamacare
Published: 2:20 PM 07/09/2012
By Sally Nelson
Archive | Email Sally Nelson
Eighty-three percent of American physicians have considered leaving their practices over President Barack Obama’s health care reform law, according to a survey released by the Doctor Patient Medical Association.
The DPMA, a non-partisan association of doctors and patients, surveyed a random selection of 699 doctors nationwide. The survey found that the majority have thought about bailing out of their careers over the legislation, which was upheld last month by the Supreme Court.
Even if doctors do not quit their jobs over the ruling, America will face a shortage of at least 90,000 doctors by 2020. The newly passed health care bill increases the demand for physicians by expanding insurance coverage. This change will exacerbate the current shortage as more Americans live past 65
Obama’s Tax Hike on Job Creators
Amy Payne
July 10, 2012 at 8:53 am
“The last thing you want to do is to raise taxes in the middle of a recession, because that would just suck up—take more demand out of the economy and put businesses in a further hole.”
That was President Obama in 2009, trying to reassure Americans that he was going to wait until after the recession to raise taxes. Yesterday, he began pushing again for higher taxes on the “wealthy“—which would actually hit 1.2 million of the country’s most successful job creators.
As if the Obamacare tax hike and the rest of Taxmageddon weren’t enough.
The tax increase du jour is a recycled one: The President’s long-held plan to raise taxes on incomes over $200,000 ($250,000 for families). Interestingly, President Obama is to the left of his liberal allies in Congress such as Senator Charles Schumer (D–NY) and House Minority Leader Nancy Pelosi (D–CA) on the definition of the “rich.” Schumer and Pelosi set the mark at as those making more than $1 million annually. That is five times higher than President Obama’s $200,000 mark. Apparently even they recognize the President’s plan would be too punitive on job creators (although they are still willing to stick it to the most successful job creators for the sake of class warfare).
This misguided plan would hurt Americans at all income levels, because it would slow job creation.
As Heritage’s Curtis Dubay explains in new research, the President’s tax increase would fall heavily on important job-creating businesses that pay their taxes through the individual income tax, known as flow-through businesses.
There has been considerable debate about whether flow-through businesses that pay the higher rates are job creators. A report from Obama’s own Treasury Department, however, provides data that settle the point conclusively. For the first time, this report breaks out the number of flow-through businesses that have employees.
According to the Treasury study, 4.3 million of these small businesses employed workers in 2007 (the most recent year for which data are available). The Treasury report shows that 1.2 million, or 28 percent, of them earned more than $200,000—the income threshold over which President Obama’s tax increase would apply. More importantly for job creation, those 28 percent of businesses earned almost all—91 percent—of the income earned by flow-through employer-businesses.
Washington looks to sell out American People again with Global Arms Trade Treaty
NJ Tea Party Coalition
On July 27th, Barack Hussein Obama will attend a UN conference, where he will sign the global Arms Trade Treaty (ODA/57-2012/ATT)
The stated objective of this Treaty is to stop the proliferation of small arms (not assault weapons, etc.) throughout the world. It will, however, have the capacity to legislate gun control in the United States and therefore to overturn our Second Amendment. The Canadians have tried to include language that protected the rights to bear firearms for recreational purposes. That language is not present. Today Canada and Israel are among the few countries advocating for lawful public ownership and recreational use of firearms. The U.S. is not one of them.
History of the Arms Trade Treaty
The negotiations for this Treaty began in 2006, when the U.S., under President George Bush, voted against the resolution. The Obama administration (including Secretary of State Hillary Clinton) reversed that vote.
The nations working on this Treaty say they want to promote transparency (where have I heard that word used before?) and accountability in the arms trade, and prevent international transfers of arms that contribute to serious human rights violations (like Fast and Furious?) armed conflict, U.N. sanctions violations , organized crime and terrorist acts. I can’t help but wonder if this includes TEA Party members. Have they not been labeled as thugs and terrorists by Nancy Pelosi and Janet Napolitano, the Southern Poverty Law Center, and others?
Effect on the US
How will it affect us? The U.N. will have the authority to tell member nations to adopt policies to facilitate regulations and flow across borders within their own control, including but not limited to registration and bans of arms and guns.
Just as a reminder – our Second Amendment reads: A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.
file photo the online revolution is public education is here
Finally NJ’s first online charters could just be days away
As New Jersey awaits a decision on its first online charter schools, the operator of three of those proposed schools isn’t taking any chances.
Officials of K12 Inc., the nation’s largest online education firm, are in Newark this week continuing to wrap up the details for the three schools it would manage, one an entirely online venture from kindergarten through 12th grade and two others that blend online and in-person instructions for high school students.
The three have each won preliminary approval from the state. Now, they’re waiting for a decision this week on the final charters needed to open in the fall. (Mooney, NJ Spotlight)
New Jersey Gov. Chris Christie said he is still deciding whether his state will implement two provisions of the national health-care law championed by President Barack Obama.
Christie said plans to make up his mind on authorizing state-run exchanges where people can buy health insurance and an expansion of Medicaid by the beginning of 2013. But his wait-and-see approach already separates him from some other prominent Republican governors, including Rick Perry of Texas and Rick Scott of Florida, who have already declared their intention to turn down new federal funds that would help insure more people under Medicaid.
Governors gained the flexibility late last month when the U.S. Supreme Court struck down a provision in the health-care law that would have stripped states of all their federal Medicaid funding if they didn’t agree to the expansion. Instead, the court ruled that the federal government could only deny states new funding. (Grossman, The Wall Street Journal)
Gov. Chris Christie: ‘Obamacare’ Medicaid penalty ‘extortion’
In a policy speech today at the Brookings Institution, New Jersey Gov. Chris Christie (R) said he was pleased that the Supreme Court ended the “extortion” of states under the “Obamacare” Medicaid penalty, saying that it was still extortion “even when done by the president of the United States.”
Responding to a question, Christie said, “First of all, I was glad that the Supreme Court ruled that extortion is still illegal in America — and that’s a relief because Obamacare on Medicaid to the states was extortion.”
“It essentially said, ‘You expand your program to where we tell you, and if you don’t, we’re taking the rest of your money away.’ Well, that’s extortion,” Christie said. (McDuffee, The Washington Post)
2012 Kasschau Shell Schedule – Tuesdays and Thursdays – Free Concerts Under the Stars!
All concerts begin at 8:30PM at the Kasschau Band Shell (behing the Ridgewood Public Library). All programs are free. Please bring a chair or blanket. Please do NOT cross over the baseball field if a game is in progress.
Ridgewood Guild Movie Night – Jaws
Memorial Park at Van Neste Square – E. Ridgewood Avenue
Pack a picnic basket, throw down a blanket, unfold a beach chair and enjoy a “Movie in the Park” Movie will start after dark, about 9PM. Come enjoy this free film in the park!
Graydon Pool – Perfect Place to Cool Off – Open for the Summer Season – Come and Enjoy!
The Graydon Pool 2012 Season is now underway. The Pool is open 10:00 AM to 7:30PM weekdays and weekends. Bring your family and enjoy!
FARMER’S MARKET NOW OPEN for 2012 SEASON
Ridgewood Farmer’s Market is open Sundays, June 24 through October 28th at the Ridgewood Train Station West Side Parking Lot from 9AM to 3PM. Come and enjoy Jersey Fresh Produce and more!
We all know about creepy stalkers in Ridgewood
GOP unnerved by Democrats’ candid camera techniques
By ALEX ISENSTADT | 7/9/12 4:37 AM EDT
Politicians recognize they give up a degree of privacy when they run for office.
But Democrats are testing the outer limits of that understanding with a practice that raises questions about when campaign tracking becomes something more like stalking.
While most serious campaigns on both sides use campaign trackers — staffers whose job is to record on video every public appearance and statement by an opponent — House Democrats are taking it to another level. They’re now recording video of the homes of GOP congressmen and candidates and posting the raw footage on the Internet for all to see.
“Dr. Doom” Nouriel Roubini: My ‘Perfect Storm’ Scenario Is Unfolding Now
Published: Monday, 9 Jul 2012
By: Ansuya Harjani
Assistant Producer, CNBC Asia
“Dr. Doom” Nouriel Roubini says the “perfect storm” scenario he forecast for the global economy earlier this year is unfolding right now as growth slows in the U.S., Europe as well as China.
In May, Roubini predicted four elements – stalling growth in the U.S., debt troubles in Europe, a slowdown in emerging markets, particularly China, and military conflict in Iran – would come together to create a storm for the global economy in 2013.
“(The) 2013 perfect storm scenario I wrote on months ago is unfolding,” Roubini said on Twitter on Monday.
Chinese inflation data released on Monday, suggested that the economy is cooling faster than expected, while employment data out of the U.S. on Friday indicated that jobs growth was tepid for a fourth straight month in June.
Roubini said that unlike in 2008 when central banks had “policy bullets” to stimulate the global economy, this time around policymakers are “running out of rabbits to pull out of the hat.”
Texas Gov. Rick Perry “I will not be party to socializing health care and bankrupting my state in direct contradiction to our Constitution “
Perry: Texas won’t expand Medicaid
By Paige Winfield Cunningham
Texas Gov. Rick Perry said Monday his state won’t expand Medicaid or set up an insurance exchange, joining a growing number of Republican governors who are rejecting two key parts of President Obama’s health care law.
“I will not be party to socializing health care and bankrupting my state in direct contradiction to our Constitution and our founding principles of limited government,” Mr. Perry said.
He joins more than half-dozen GOP governors who have already said they won’t increase the size of their Medicaid programs to cover Americans up to 133 percent of the poverty level, after the Supreme Court upheld most of the law last month but said states could opt out of the Medicaid expansion.
In Maryland, Higher Taxes Chase Out Rich: Study
Published: Monday, 9 Jul 2012 | 11:52 AM ET Text Size
By: Robert Frank
CNBC Reporter & Editor
A new report says wealthy Maryland residents may be moving out due to recent tax hikes – a finding that is sure to escalate the battle over taxing the American rich.
The study, by the anti-tax group Change Maryland, says that a net 31,000 residents left the state between 2007 and 2010, the tenure of a “millionaire’s tax” pushed through by Gov. Martin O’Malley. The tax, which expired in 2010, in imposed a rate of 6.25 percent on incomes of more than $1 million a year.
The Change Maryland study found that the tax cost Maryland $1.7 billion in lost tax revenues. A county-by-county analysis by Change Maryland also found that the state’s wealthiest counties also had some of the largest population outflows.
In total, Maryland has added 24 new taxes or fees in recent years, Change Maryland says. Florida, which has no income-tax, has been a large recipient of Maryland’s exiled wealthy.
“Maryland has reached the point of diminishing returns. We’re taxing people too much and people are voting with their feet,” said Change Maryland Chairman Larry Hogan. “Until we change our focus from tax increases to increasing the tax base, more people are simply going to leave, leading to a downward spiral of raising revenues on fewer citizens.”
Boards and Committees:
Council Representative to the Ridgewood Chamber of Commerce
Planning Board
Deputy Mayor:
Albert Pucciarelli
apucciarelli@ridgewoodnj.net
Boards and Committees:
Mayor’s Representative to the Ridgewood Library Board of Trustees
Planning Board
Historic Preservation Committee
Councilman:
Thomas M. Riche
triche@ridgewoodnj.net
Boards and Committees:
Council Representative to the Ridgewood Fourth of July Committee, Inc.
Council Representative to the Project Pride Committee
Council Representative to the Open Space, Recreation, Farmland and Historic Preservation Committee
Boards and Committees:
Council Representative to and Chair of the Ridgewood Enviromental Advisory Committee (REAC)
Council Representative to and Chair of the Ridgewood Green Team Advisory Committee (GTAC)
Village of Ridgewood’s Representative to the Bergen County League of Municipalities
Council Representative to and Chair of the Citizens Safety Advisory Committee
Councilwoman:
Gwenn Hauck
ghauck@ridgewoodnj.net
Boards and Committees:
Council Liaison to the Ridgewood Community Center Advisory Board
Council Representative to the Field Committee of the Village of Ridgewood
Council Representative to the Parks, Recreation, and Conservation Board
Council Representative to the Ridgewood Board of Education
photos and information: https://www.ridgewoodnj.net/council.cfm
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