Banking & Financial Services Issues
March 07, 2012 JBanking & Financial Services
An extreme, out of state, environmental group is looking to place a reckless constitutional amendment on Ohios ballot in November. The group, Yes for Ohios Energy, has obviously not learned the lesson from President Obamas failed energy gambles on bankrupt Solyndra and Beacon Energygovernment cannot pick winners and losers by throwing taxpayer dollars at an industry.
The amendment, which was certified by Attorney General Mike DeWine, would require the state to issue $13 billion in bonds to trendy green energy sources over 10 years. Yes, you read that right
.BILLION! At a time when families are stretched to their limits, this group now wants Ohio taxpayers to pay $13 billion for research and development of unproven clean-energy initiatives."
February 27, 2012 JBanking & Financial Services
In case you missed it, the Columbus Dispatch ran a great editorial this morning that highlighted the massive debt that has been run up since the inception of President Obama's stimulus plan. Three years later, the stimulus plan has proven to be yet another example of President Obama's policies being out of touch with American families.
The editorial goes on to say:
"Today, saddled with an ever-ballooning debt and a national unemployment rate that has remained above 8 percent and is much worse if one takes into account the number of people who simply have given up trying to find a job or are underemployed the absurdity of the argument for the stimulus is apparent to the majority of Americans who continue to be faced with tough choices in their own household budgets."
February 14, 2012 JBanking & Financial Services
Columbus, OH Today the Ohio chapter of Americans for Prosperitythe nations premier advocate of economic freedomresponded to President Obamas budget proposal with a message that, once again, the President has produced a budget that never balances, creates trillion-dollar yearly deficits, and uses campaign rhetoric instead of pro-growth tax policy.
August 17, 2011 JBanking & Financial Services
[img_assist|nid=24577|title=|desc=|link=none|align=left|width=300|height=225]Panelists at last night's Taxpayer Town Hall explained to the audience that Issue 2 (Senate Bill 5) is about our future. President of the Buckeye Institute Matt Mayer told the audience that schools and local governments in Ohio are on spending path that is unsustainable without tax increases, and that tax increases will kill jobs and prosperity. Former Cincinnati City Council Member Jeff Berding explained that Cincinnati faces a deficit every year and that 83% of Cincinnati's general revenue fund goes to labor and that 90% of that is governed by contracts, so the City's hands are tied under current law. Local business owner Dan Regenold explained that when taxes increase, the first thing his business cuts are capital improvements which would have allowed for more jobs.
July 28, 2011 JBanking & Financial Services
Americans for Prosperity-Ohio is kicking off a statewide series of Taxpayer Town Halls on August 16th in the Greater Cincinnati Area. We are partnering with Tea Parties, 9-12 Groups, and other liberty organizations to host these town halls. These meetings will focus on the financial crises that many local governments across Ohio are facing, how those crises could affect citizens, jobs and our economy, what local governments can do to address their financial challenges, and how Senate Bill 5 can help.
