Silver as an investment

Category Archives: state legislature

Connecticut Becomes Last State To Pass A Budget After 123-Day Battle

Four months after the beginning of the fiscal year, Connecticut has become the last state in the US to pass a budget after Democratic Gov. Dannel Malloy signed a bipartisan budget bill, but used his line-item veto power to block a section of the nearly 900-page document related to the controversial hospital tax. The deal […]

Illinois Eyes 30 Cent Gas Tax Hike, Chicago Faces Yet Another Property Tax Hike

Authored by Mike Shedlock via TheMaven.net/MishTalk, The Illinois legislature is in recess right now. Other than disbanding the body, that's the best place for them. When they return, they are going after your pocketbook in the form a gas tax hike. Not to be outdone, Chicago Mayor Rahm Emanuel is pondering property tax hikes. In […]

Amazon Has Received 238 Proposals For The Company’s Second Headquarters

Just days after we reported that in the mad dash by virtually every American city to become Amazon’s second headquarters, in which some such as New Jersey offered as much as $7 billion in state and city tax credits, today Amazon announced that that it has received 238 proposals from “cities and regions in 54 […]

Illinois Unpaid Vendor Backlog Hits A New Record At Over $16 Billion

Back in July, the state of Illinois narrowly avoided a junk bond rating with a last minute budget deal that included a 32% in hike in income taxes.  Republican Governor Bruce Rauner vetoed the budget and called it a “disaster,” but both houses of the state legislature voted to override his veto.  Meanwhile, S&P and […]

Judge Blocks Texas Sanctuary City Law; Finds Mandatory Enforcement Of Federal Law Is ‘Unconstitutional’

Back in May Texas Republican Governor Greg Abbott signed into law a measure to punish so-called “sanctuary cities,” despite pleas from some of the police departments of cities like Austin to halt the bill they said would hinder their ability to fight crime.  You know, because enforcing laws tends to ‘hinder’ the crime-fighting process. Per […]

“We’re All A ‘Walking Illinois’ Now”

Authored by James Howard Kunstler via Kunstler.com, Who needs Russia when the Tweety-Bird-in-Chief is hacking his own presidency into a global joke? Or at least it might be a joke if the USA weren’t such a menace to international order, and to itself, by the way. Interestingly, the 25th amendment allows for the removal of […]

Connecticut Set To Become First State To Allow Deadly Police Drones

Connecticut could become the first US state to allow police to use drones equipped with deadly weapons if a bill opposed by civil libertarians becomes law. The bill, which was approved overwhelmingly by the state legislature’s judiciary committee on Wednesday, would ban so-called weaponized drones in the state but exempts police and other agencies involved […]

L.A. To Worsen Housing Shortage With New Rent Controls

Authored by Ryan McMaken via Mises Institute, Los Angeles, home to one of the least affordable housing markets in North America, is now proposing to expand rent control to “fix” its housing problem.  As with all price control schemes, rent control will serve only to make housing affordable to a small sliver of the population while rendering […]

Buchanan: Is Secession A Solution To Cultural War?

Submitted by Patrick Buchanan via Buchanan.org, As the culture war is about irreconcilable beliefs about God and man, right and wrong, good and evil, and is at root a religious war, it will be with us so long as men are free to act on their beliefs. Yet, given the divisions among us, deeper and […]

Ruled by DC: Get The Feds Out Of Western Lands

Submitted by Ryan McMaken via The Mises Institute, In the final days of his administration, President Obama has decided that with the stroke of pen, he shall further consolidate direct federal control over lands within Western states. Specifically, Obama created the Bear Ears National Monument and the Gold Butte National Monument in Utah and Nevada, […]