Thursday, March 12, 2009

Crossover Day in the General Assembly

President Obama and Treasury Secretary and tax cheat Timothy Geithner have both received failing grades for their economic recovery efforts.  They're also receiving failing grades from wealth-producing oil companies, who are leaving the United States for Switzerland because their tax policies are better for business.

 

The number of billionaires in the world shrank from 1,125 last year to 793 this year, with their total wealth dropping from $4.4 trillion to $2.4 trillion.  I know you wealth envy types love this, but these are the people who create wealth for millions of other people as well.

 

Almost $30 million of your tax dollars from the omnibus spending bill are going towards preserving the Kennedy legacy in Massachusetts.

 

The British say that working with the Obama Administration is "unbelievably hard."  When you're on the same level as Bhutan in their minds, you're going to be neglected.

 

Obama is going to downgrade the Drug Czar from Cabinet-level status.  Good.  He is also looking at sending troops to the Mexican border to protect Americans from the drug cartel violence.  This should have been done immediately after 9/11, but I'm not holding my breath considering that the Justice Department is investigating a Sheriff in Arizona for enforcing immigration law and the far left is already not happy that there have still been a few immigration raids since Obama took office.

 

South Carolina Governor Mark Sanford invoked the hyper-inflation of Zimbabwe to warn of what could happen if the federal government does not stop spending money that it doesn't have.

 

The Governor of Rhode Island put together a panel to review the state's tax code.  They returned with recommendations for cutting taxes, including eliminating the corporate income tax.  If they do this, then their neighboring states will not be happy.

 

Vice President Biden will be in charge of the RAT (Recovery Accountability and Transparency) Board.  Has there been a worse political acronym since CREEP?

 

A former union boss opposes the "card check" bill because it will create an "atmosphere of intimidation."

 

Forty-one percent of Americans now say that the threat from global warming is being exaggerated in the media.

 

Today is Crossover Day in the General Assembly, the last day for any piece of legislation to pass from one chamber to another.  There will be a number of tax bills, including one that would make changes to taxes on vehicles.  One bill that is not on the calendar is the school vouchers bill.  Lt. Gov. Casey Cagle is the one to blame for this, and this is another reason that Casey Cagle comes out of this session looking very bad as a candidate for Governor.

 

Crossover Day means that news will be breaking throughout the day.  I will be making a post this afternoon after the show to reflect the new things that get voted on today, although it is possible that the House is done with the big stuff.  What we have as of now:

 

Georgia could become the first state in the country to allow for adoption of human embryos.

 

A jobs package has passed the House that would provide a tax credit for hiring unemployed workers.

 

The House has also passed a tax credit for people who buy a home in the next six months and has passed the vehicle tax bill that would eliminate the "birthday tax."

 

Bonuses for teachers newly certified by the National Board for Professional Teaching Standards will be eliminated under a House bill that passed.

 

The Senate has seen the pulling of the autism bill and the passage of a bill requiring people to tell the truth to committees or sub-committees in the General Assembly.

 

The Senate has also passed a bill that would allow Atlanta residents to vote for a property tax increase to pay for more police and fire protection.  This is why it's not a surprise that North Fulton residents would want to re-create Milton County.

 

Coming up later in the Senate is an embryonic stem cell bill.

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