Monthly Archives: December 2008

Ohio’s 2005 Tax Reduction Act Was Predicted, By 2010, To Result In Yearly State Budget Shortfall of Billions

Recent Dayton Daily News articles seem to put blame for Ohio’s huge budget deficits on the recession and completely ignore the big impact Ohio’s 2005 Tax Reduction Act has on state revenue.  In 2005, when this Reduction Act was being … Continue reading

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Mike Turner Voted “No” On Auto Bailout Because He Feared GM Would Send Money To Brazil

Ohio’s 3rd Congressional District Representative, Mike Turner, voted “No” on the recent $14 billion Detroit auto bailout legislation. Turner’s web-site doesn’t say a peep about Turner’s reasons for voting “No,” so, I telephoned his Dayton office and was told that … Continue reading

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Joseph Stiglitz Says Anti-Regulation Ideology Caused Financial Meltdown

Interesting article in Vanity Fair, Capitalist Fools, by Nobel prize winning economist Joseph Stiglitz, traces our financial crisis to terribly flawed ideology — one that says markets are self-adjusting and that the role of government should be minimal. Stiglitz reports … Continue reading

Posted in Special Reports | Tagged , , , | 12 Comments