Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Small Business

Solution to LA’s Pension Shortfalls? Create Another Commission!

City Heights

City Heights (Photo credit: Christopher.F Photography)

Expectations that the Los Angeles 2020 Commission’s second report would address reality and set in place strong recommendations to rescue the foundering city were dashed with its publication on April 9.

In simple terms, the commission wimped out.

A year ago Los Angeles City Council President Herb Wesson asked former Clinton Secretary of Commerce Mickey Kantor to put together a group of experts familiar with Los Angeles’ problems and come up with some recommendations. In December its first report was alarming if not downright chilling:

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Connecticut’s Governor as King Canute

Seal of the Governor of Connecticut.

Seal of the Governor of Connecticut. (Photo credit: Wikipedia)

This article first appeared at the McAlvany Intelligence Advisor on Monday, March 31, 2014:

King Canute appears to have been reincarnated in the body of Connecticut Governor Dannel Malloy. On Thursday, the governor announced, with great fanfare, that by raising the state’s minimum wage to $10.10 an hour, he will be simultaneously raising people out of poverty, restoring business confidence, and bringing days of wine and roses back to the Nutmeg State:

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Connecticut Raises its Minimum Wage to $10.10 an Hour

Governor's Agreement With State Employees

Governor’s Agreement With State Employees (Photo credit: CT Senate Democrats)

In a remarkable display of hubris and economic ignorance, Connecticut Governor Dannel Malloy proudly announced on Thursday that his state is the first to raise the minimum wage to $10.10 an hour:

This is just a step in moving people in the right direction.

We will be lifting people out of poverty in the state of Connecticut. Increasing the minimum wage is not just good for workers, it’s also good for business.

What the new law will really do as it is phased in over the next three years is

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Latest Survey: Small Business will lay off Workers if the Minimum Wage is Raised

Bob Funk, the entrepreneur who founded and now operates Express Employment Professionals (claimed to be the largest privately owned employment service in the country), holds that the best way to determine the impact of a proposed law is to ask those who would be directly affected. It reduces confusion, avoids extended discussions among economists who have never held a real job in their working lives, and eliminates spending on empirical studies designed with the desired outcome in mind. Said Funk:

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Huge Increases in ObamaCare Premiums are Coming

When Health and Human Services (HHS) Secretary Kathleen Sebelius sought to quell concerns about rising premiums under ObamaCare last week she said: “The increases [we’re seeing] are far less significant than what they were prior to the Affordable Care Act.” This was an echo of one of Sebelius’ spokesmen at HHS, Joanne Peters, who told Fox News, “Since the Affordable Care Act became law, health-care costs have been slowing and premium growth has slowed to the lowest rate in years … making it easier for [small] businesses to offer coverage.”

These claims surprised health insurance company officials who

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Obamacare and Omelets

This article was first published at The McAlvany Intelligence Advisor on Friday, November 22nd, 2013: 

 

A government bureaucrat who used to work for the Obama administration and now holds down a job at the Kaiser Family Foundation, Karen Pollitz, explained why there is so much pain being inflicted with the imposition of Obamacare onto the backs of the citizenry:

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Millions More to Lose Coverage under Obamacare

The uproar from the estimated 4 ½ million Americans whose individual health insurance policies are being terminated thanks to Obamacare will pale into insignificance once the additional estimated 50 to 100 million workers covered under health plans at work discover that

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Mexican citizens are forming self-defense groups against drug cartels

Exasperated at failed attempts by the Mexican government to neutralize the drug cartel that virtually owns the Michoacán state and especially its principal city, Apatzingán, farmers and lime growers and other citizens are banding together into fuerzas autodefensas – self-defense forces – to accomplish the task.

Recruiting for those forces has accelerated thanks to

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Atlanta Reelects another Hubris-lathered Politician as its Mayor

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, November 6th, 2013: 

Atlantans obviously weren’t paying attention when President Obama flew into town to endorse and promote their mayor in his reelection campaign. If they had been, they would have known something was wrong. He praised the mayor for his

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The Press Release from the Treasury Department is Pure Propaganda

This article was first published at The McAlvany Intelligence Advisor on Monday, October 7, 2013:

The so-called “brinkmanship” press release by the Treasury Department reveals far more about the willingness of the media to report and repeat a canard that it does about the “crisis” facing the US if the government defaults.

Here are the title and just the opening paragraphs from the Treasury Department:

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Glitches, as Anticipated, Plague First Day of Obamacare

California insurance broker Jason Andrew planned to help a couple of his clients sign up for Obamacare on Tuesday, the first day of the federal health care roll out, but couldn’t, for two reasons: first, he hadn’t yet been certified by the state to do so, and secondly, he couldn’t get accurate quotes from the state exchange’s computer. Andrew just laughed it off:

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Deficit down, national debt up, more taxes needed say two “nonpartisan” groups

Two government reports issued in the last few days show that despite higher tax revenues, thanks to the tax increases signed into law by the president earlier this year, deficits are still sky-high and the national debt continues its inexorable climb into the stratosphere.

Although the deficit for the first eleven months of the 2013 fiscal year was down slightly compared to last year at this time, real progress towards a balanced budget remains elusive. Through August the federal government spent

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The Delicious Irony of Obamacare – The Law of Unintended Consequences Kicks In

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, August 21st, 2013:

 

As Obamacare’s implementation draws ever closer, so does the law of unintended consequences. Promoted as a way to provide healthcare coverage for millions of presently uninsured individuals, the real impact is exactly the opposite:

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Another Obamacare Delay Admitted by the White House

On Monday the New York Times quoted an unnamed White House official that another piece of the labyrinthine healthcare law is going to have to be delayed until 2015, which will wind up costing vast numbers of citizens with severe illnesses potentially thousands, perhaps even hundreds of thousands, of dollars. This flies in the face of the promise that President Obama made back in September 2009 that Obamacare

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Key Obamacare Mandate Delayed; Critics escalate attacks

In an online statement posted on Tuesday, Mark Mazur, an assistant secretary at the Treasury Department, said the agency would delay for one year any imposition of penalties onto companies failing to provide insurance coverage for its employees under Obamacare:

We have heard concerns about the complexity of the requirements and the need for more time to implement them effectively. We have listened to your feedback. And we are taking action.

This was followed up with a posting on the White House website by Obama advisor Valerie Jarrett:

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Slowing Economy Confirmed

The report from Automatic Data Processing (ADP) on Wednesday morning surprised economists once again by coming in substantially below their expectations. The 135,000 new private sector jobs created in May were way below the

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Cost Estimate of Government Regulations Doesn’t Measure the Real Cost

This article initially appeared at The New American on May 21st, 2013:

 

The federal government’s cost is measured not only in taxes paid by citizens, or in borrowing when tax revenues aren’t sufficient, but also must be measured in terms of regulations imposed by government agencies to accomplish what congress can’t or won’t. That’s the core of the argument presented by Clyde Wayne Crews of the Competitive Enterprise Institute (CEI) in his introduction of this year’s “Ten Thousand Commandments 2013.”

For the first time in the 20 years that the institute has been attempting to measure the cost of government agencies’ regulations that cost now exceeds

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New Poll Shows Small Business Owners Favor Raising the Minimum Wage

Quoting the results of a poll funded by a lobbying group known as the Small Business Majority, the Central Valley Business Times (CVBT) of Stockton, California, announced that a majority of small business owners now support raising the minimum wage. The Times iterated the hoary refrain that such a raise

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Latest from ADP: 198,000 new jobs in February

A day or so before the Department of Labor produces its own employment report (due out Friday), ADP comes out with its own. The two are usually pretty close.

Here are some first impressions.

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NJ Senator Lautenberg to Retire, Opens Way to Newark Mayor Cory Booker

When Frank Lautenberg, the liberal senior Democratic Senator from New Jersey, announced on Thursday that he wouldn’t be running for reelection in 2014, some said it signaled the end of a long and illustrious career. Lautenberg rejoined:

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.

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