I just wrote the following letter to Rep. Bishop

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The Fed recently announced that it will keep doing more of the same that led to the housing bubble (and subsequent collapse) until the end of 2014. We also learned from the very limited “audit” of the Fed that they gave away $16 Trillion Dollars in zero interest loans (that will likely never be paid…

Where does Mitt Romney stand on Economic Issues?

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State spending increased at well over rate of inflation under Romney’s watch, estimated at 24% – more than $5 billion – over Romney’s final three years. Under Romney, Massachusetts dramatically under-performed the rest of the nation in terms of job growth. Romney has been criticized by experts for failing to deliver on issues of business…

Orin Hatch comments on his failed Balanced Budget Amendment

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This week, the fight to constitutionally restrain over spending in Washington suffered a devastating blow. All 47 Republican Senators voted to pass a Balanced Budget Amendment to the Constitution, ensuring a better future for our children and grandchildren. Meanwhile, the Senate Democrats voted to defeat this amendment, proving once again that the liberals in Washington…

In 2010 Mayor Alerts Syracuse Citizens About Maximum Bond Debt – Why is she trying to bring on more debt now?

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According to figures from Amber Fowles, city Finance Manager, from 2005 to 2008, Syracuse City took out $15 million in debt for new buildings. That’s a lot of debt! But that’s not all! Those bonds don’t include the $2 million bond issued in 2005 to develop the Jensen Nature Park. In 2010, Syracuse City Mayor Jamie…

The Bond Issue is a big concern for many Syracuse residents. How are we going to fix our roads?

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Debt payments by Syracuse City make up 18.3% of our non capital expenditures! That’s $1.3+ million in payments EVERY YEAR until 2020! If we bond again (which is the equivalent of your or I getting another credit card because our others are all maxed out)  that number will be much higher! The city reported in…