All posts by thenewbostonteaparty

UPDATE: PUERTO RICO – NO MORE – A HAVEN FOR THE WELFARE MAVEN

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The spendthrift government of Puerto Rico failed to make a $370,000,000 interest payment today; their excuse, we don’t have the money. That’s a lie, one of many that have come from the Governor’s mouth. What they don’t tell you is that the money is there, but they do not want to pay their creditors because the parasitic government worker will go bananas. After living high off the hog, the union nincompoops are livid that the possibility of a salary cut is in the offing.

Don’t forget that Puerto Rico is a scam socialist paradise of the highest order.  They say that making the payment will cut government service; not so. What they don’t want to cut are salaries of people who are on a siesta all day; the ones who vote for the politician who will give them the most money – Democrats mind you.

Make it your business to call your Senator and Congressman and tell them in no uncertain terms that bailing out Puerto Rico will put their job in jeopardy. Maybe they will understand this language.

 

Most Americans have fond memories of Puerto Rico, either from visiting the island or the magistical lore portrayed by the many novelists who described its inner beauty . However, what was once was is no more; the island is suffering a devastating financial crisis, a major tsunami of debt is in the process of drowning what is left of the once invincible island; think of a $72 billion debt wall which will bring it down. However, those who have borrowed don’t have any remorse, they are blaming those who loaned them the money. Talk about chutzpah.

Vultures. People who lent Puerto Rico money and now expect to be paid are being portrayed as greedy vultures.

But Puerto Rico’s $70 billion debt crisis isn’t just a battle between New York hedge funds and a cash-strapped little island. As you see Puerto Rico is on a collision course with destiny.

Senators in Puerto Rico say they will not approve an amended bill that would exclude certain bonds issued by the government from a debt moratorium.

A caucus of senators from Puerto Rico’s ruling party said Tuesday that the bill is not consistent with the $70 billion debt restructuring that the U.S. territory is seeking from Congress.

Puerto Rico received more than $6.5 billion annually in federal aid from the United States. A substantial portion of this amount is earmarked for public welfare, including funding educational programs (such as Head Start), subsidized housing programs (such as (Section 8 and public housing projects), and a food stamp system called the Nutrition Assistance for Puerto Rico program.

See the previous Blog Post from December 2015

DEAD BEAT GOES BANKRUPT – AND THE AMERICAN TAXPAYER HOLDS THE BAG

Puerto Rico (The Rich Port) has given notice that the island will default on $37 million in debt due this week. This will set the stage for debt consolidation where the creditors unwillingly take a haircut.Flag of Puerto Rico

How did such a beautiful place get into debt in the first place; simply put the politicians borrowed their way to fame. Over the past two decades the ruthless scoundrels that they are borrowed, borrowed and borrowed some more showering the people with free goodies. The problem here though is simple, the people in Puerto Rico don’t have jobs, so how could they ever pay the money back. But this was no concern to the Governors, they were only worried about their reelection.

PUERTO RICO – FOOD STAMP NATION

One third – 33% of Puerto Rico’s population is on food stamps costing the United States over $2 billion per year.  Puerto Rico had a higher public assistance participation rate (5.9 percent) than the national average (2.9 percent), this means that twice as many per capita receive welfare. For those who stay, rich welfare benefits provide a disincentive to work. A household of three can receive $1,743 per month in food stamps, Medicaid, utility subsidies and welfare compared to minimum-wage take-home pay of $1,159. Employers are required to provide 15 days of vacation and 12 sick days annually and a $600 Christmas bonus. Government employees make up a quarter of the island’s workforce.

A more appropriate name should be Puerto Welfare.

PUERTO RICO THE SOCIALIST PARADISE OF THE CARIBBEAN DROWNING IN DEBT

The Greek debacle has been the focus of late on its on again-off again debt restructuring, but that doesn’t mean that the troubles in Puerto Rico are playing second fiddle. Puerto Rico is on the hook for close to $100 billion. That is a boat load of pina coladas. SoBe Smooth Pina Colada Drink - 20-Fl. Oz. Bottles (Pack of 12)Just in case you haven’t been initiated in the Puerto Rico way of doing business we bring you their number one life saver, welfare and social security.  Puerto Rico is a disability fraud paradise. The top 10 U.S. zip codes tied to people receiving disability benefits, nine are in Puerto Rico. Flag of Puerto Rico

The sharks are circling the waters in the hope of default if and when it happens. The rich island has a dark journey ahead, tourism is in the tank, the economy is in a perpetual depression, drugs are rampant and most of all the government will not do what needs to be done; cut bait.

But Puerto Rico is part of the United States and is a metaphor for liberal bastions like Illinois and Connecticut, both drowning  the sea of debt. Utmost on the minds of the Puerto Rican is not the rising sea levels, but their share of the islands IOU’s. By the way, in case you didn’t notice, Puerto Rico has a population similar to Connecticut, 3,5 million or simply put a debt of $22,000 for each of its citizens. And true to form the Commonwealth’s economy has slowly reached the point of no return being sucked down by a giant whirlpool that not even Captain Nemo can save.Twenty Thousand Leagues Under the Sea by Jules Verne

CRUZ HITS THE WALL AT INDY

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Putting the hammer down, Ted Cruz took his last gasp of air in order to save his imploding campaign. Victory is out of reach, but he had little choice; greasing his team with a female fatale was the last thing on anyone’s mind. Definition (an attractive and seductive woman, especially one who will ultimately bring disaster to a man who becomes involved with her). And  it turns out her addition to the team will be responsible for a collision of his own doing.

Tomorrow, Cruz will hit Indy’s brick wall in turn number one. The pole sitter, Donald Trump, will roar on to victory lane, crowds cheering frantically as they get a glimpse of the next President of the United States.\

Fox News shows Trump up by 15 points in Indiana.

MAY DAY MAY DAY

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May Day conjures up images of the mighty Soviet parades of yore, where the top Politburo Apparatchicks watch from the viewing stand.  Nikita Khrushchev taking in the scene atop Lenin’s tomb.sovietbutton

Click here for an awesome film celebrating Russia’s 1945 WWII victory.  https://youtu.be/c2DqWGY1QHM

Today, the tradition continues where worldwide rallies were held. Socialism lives, this can be attested to by the support of Bernie Sanders.

“LYING TED CRUZ” – NEW FOX POLL OUT – TRUMP CRUZING TO VICTORY

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Senator Ted Cruz knows the truth, a Harvard graduate with a Juris Doctor degree. Cruz was also an adjunct professor at the University of Texas School of Law in Austin, where he taught U.S. Supreme Court litigation. Ted Cruz was born in Calgary Canada to an American citizen mother and to a Cuban born father with Canadian citizenship. This leads us to the Constitution.

Reading the following paragraph, it is up to you to ascertain the eligibility or non-eligibility of CRUZ to be the President of the United States.

Qualifications for the Office of President

Age and Citizenship requirements – US Constitution, Article II, Section 1

No person except a natural born citizen, or a citizen of the United States, at the time of the adoption of this Constitution, shall be eligible to the office of President; neither shall any person be eligible to that office who shall not have attained to the age of thirty-five years, and been fourteen years a resident .

The preceding rendering is crystal clear, spelling out in clear unadulterated English the eligibility requirements for President. Note, where it says “or a citizen of the United States, as the time of the adoption of this Constitution”, this clearly implies that one seeking the highest office in the Land must be today a Natural Born Citizen which conclusively means, “BORN IN THE UNITED STATES.” Why would it add “or……?”

The aforementioned Article needs to be litigated now, the record must be set straight; The Supreme Court must determine with clarity the eligibility requirements once and for all. If not frauds perpetrated on the American people will continue.

Ted Cruz knows in his heart that he is NOT ELIGIBLE to be President. There is no two ways about it.

(CLICK HERE) NEW FOX POLL DEVASTATING FOR CRUZ

THE SINKING OF CONNECTICUT – SUFFERS CRITICAL DAMAGE FROM DEMOCRAT ICEBERG

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CONNECTICUT’S BUDGET DEFICITS

 

JUST GOT BIGGER

 

$$$$$$$$$$$$

 April 30, 2016

 

From Susan Kniep, President

The Federation of Connecticut Taxpayer Organizations, Inc. 

Website: http://ctact.org/
Email: fctopresident@aol.com

Telephone: 860-841-8032

 

BREAKING NEWS

 

A few minute before midnight, Christine Stuart of CTNewsJunkie.com reported

 

Malloy To Reporters: Budget Negotiations ‘Are Hitting A Wall’

 

The following is an excerpt.   Democratic legislative leaders just came up with a budget proposal on Thursday that addressed a $920 million budget deficit. “That deficit grew an additional $40 million on Friday after revenue figures were released following April tax collections.   Malloy said his team agreed to stay at the negotiating table until noon Saturday to reach a settlement “but it’s clear for me that that’s not going to happen.” He said Democratic legislative leaders are treating this like a revenue issue when it’s “a revenue issue and a spending issue.”

 

At 8:10 PM, Christine Stuart had reported that  

 

Revenues Fall Short Leaving 2016 and 2017 Budgets In The Red

 

 

Noting that – April tax revenues did not come in as anticipated Friday, which means this year’s deficit will grow to about $256 million and the 2017 budget is $960 million in the red.

Office of Policy and Management Secretary Ben Barnes said most of the revenue shortfall the state is experiencing is related to declining income tax collections. Read more at Revenues Fall Short Leaving 2016 and 2017 Budgets In The Red »

 

CONNECTICUT STATE LEGISLATORS

WILL GET THEIR REPORT CARDS ON 

ELECTION DAY – NOVEMBER 8, 2016

 Will Your Legislator, Pass or Fail!!!!

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 Let’s take a look at what has transpired on the Hill in Hartford  within the past few days.

  STUDENT AID FOR UNDOCUMENTED ILLEGAL RESIDENTS

 The recent vote by State Senate Democrats will have a chilling impact on some legally registered Connecticut students who will be denied access to the taxpayer funded $40 million dollar financial aid pool.   Their denial will be usurped by undocumented immigrants who will now be allowed access to the pool. 

 

Act SB-147 entitled AN ACT ASSISTING STUDENTS WITHOUT LEGAL IMMIGRATION STATUS WITH THE COST OF COLLEGE was assessed by the Office of Fiscal Analysis which wrote “The bill results in no fiscal impact to the constituent units of higher education as it does not alter the total amount provided for institutional aid. “The bill does result in a potential redistribution of such aid to recipients”. Their opinion can be accessed at analysts report.

 

It is interesting to note that Republican Senator Art Linares from Westbrook, CT’s Senate’s only Hispanic would have voted ‘no’ on aid to undocumented students as reported by CTMirror.org as “opening the financial aid pool would crowd out legal residents”.  Linares further stated “I am very concerned about our current financial situation,” when addressing the near $1 billion state deficit in the upcoming fiscal year. “We have to solve those problems first before we take on additional burdens that would create additional stress on other residents.” 

 

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 STATE RUN RETIREMENT PLAN FOR PRIVATE SECTOR

 In Oct, 2015, the Wall Street Journal wrote WSJ: Wealthy Connecticut’s Pension Problem Is a ‘Ticking …Time Bomb noting “Connecticut has roughly half of what it needs to pay future retirement benefits for its workers, with one lawmaker calling the situation a “ticking time bomb.”

 Yet, the State’s failure to manage the State employee pension plan has not deterred our State legislators as Connecticut House Sends Bill to Senate Setting Up a State-Run Retirement Plan for Private-Sector Workers(Christine Stuart / CT News Junkie)

 

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PROPOSED MINIMUM WAGE INCREASE

 On April 28, 2016, Democrat Senate President Pro Tem Martin Looney proposed increasing the state’s hourly minimum wage to $12 by Jan. 1, 2020 which was denounced by Senate Republicans as described within CTMirror.org article captioned Connecticut Senate debates, for a while, a $12 minimum wage. 

 Here is what others are saying on this issue. 

 Former CEO of McDonald’s: $15 Minimum Wage Will Cost Jobs
Jon Miltimore is the Senior Editor of Intellectual Takeout, Follow him on Facebook and Twitter.  | April 25, 2016


Ed Rensi, the former president of McDonald’s USA, wrote an article that appeared in Forbes in which he argued that raising the minimum wage to $15 an hour could cost about a million jobs in limited service restaurants.

Rensi, who worked at McDonald’s for three decades before he became Chief Executive Officer, made three key points: 1) A $15 minimum wage would eat up 75 percent of the profit for a typical McDonald’s franchise owner; 2) Franchise owners would be compelled to shift to automated kiosks to protect their bottom line; 3) the job losses would primarily impact young workers.

  UC Berkeley last week offered a real-life case study on this very topic.  Continue reading at ….. http://www.intellectualtakeout.org/blog/former-ceo-mcdonalds-15-minimum-wage-will-cost-jobs

 

And in an Editorial by Investors Business Daily

UC Berkeley Touts $15 Wage Law, Then Fires Hundreds … Of Workers After It Passes

 Labor Markets: Hundreds of employees at the University of California at Berkeley are getting schooled in basic economics, as the $15 minimum wage just cost them their jobs. Too bad liberal elites “fighting for $15” don’t get it.

 

A week after California Gov. Jerry Brown signed the state’s $15 minimum wage boost into law, UC Berkeley ChancellorNicholas Dirks sent a memo to employees announcing that 500 jobs were getting cut.

 Coincidence? Not really.  Continue reading at ….. http://www.investors.com/politics/editorials/uc-berkeley-touts-15-minimum-wage-then-fires-hundreds-of-workers-after-it-passes/

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 In February, 2016, the Yankee Institute lent insight into the problems which had beset the Connecticut’s Department of Motor Vehicles through their article captioned Promoted Former Commissioners Avoid Blame for DMV …Debacle

 

 

This has been a tumultuous year for Connecticut taxpayers.  Governor Malloy and our State Legislature have been on a spending spree with taxpayer dollars yet it appears that only now they have come to the realization that the state is broke.  Worse than that – the State’s high debt and deficits have rating agencies questioning the financial stability of our state as Most Wall Street agencies have ‘negative outlook’ on CT … as noted by CTMirror.org.

  In an article captioned The 10 Worst “Sinkhole States” in America | Wolf Street written in March, 2015 it is noted that “The taxpayer burdens in Connecticut and Illinois weigh over twice as much on each of their respective taxpayers as the burden in California”.

 

THERE IS ONLY ONE SOLUTION TO SOLVING THE STATE DEBT OF 6.6 BILLION DLRS AND DEFICITS OF 71 BILLION
END BINDING ARBITRATION AND COLLECTIVE BARGAINING LAWS
View the Many Reports – We Have Provided to You – March 2016

REPEAT OF SEPTEMBER 2015 BLOG – HYPERINFLATION IN THE WINGS – IN GOLD WE TRUST

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GO FOR THE GOLD

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Gold is once again on the rise. The pundits can’t nor are they willing to understand the attraction to gold;  steadfast has it been in an island of global turmoil. Uncertain on what will happen have caused many to insure themselves with the metal.

What have the naysayers missed? One wonders why they even mention gold at all. And the volcanic rise of Trump, Sanders and Carson, not to mention Carly Fiorina who would have thought. The pundits failed to miss their rise too. Americans are fed up with the Boehners, McConnells, Reids, Pelosis, Clintons and Bushes of the world. They are plain old ready for a revolution. teapartylogoredThe boxes of tea in our logo have names on them, Democrats, The Fed, Public Unions, Big Government and entitlements. Yes, Americans are FED UP with do good politicians who only care about getting reelected.

We tell you what, America and the world is in turmoil. The socialists thugs running the paper printing scam are now worried about the next three years, we would not be surprised if some of them commit suicide. They are desperate to find a solution when none except gold exists. They have dug their own grave and now will reap the benefit of disastrous monetary policies over the past 45 years.

February Blog Entry:

PAPER TIGERS – IN GOLD WE TRUST –

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During the past six months we have tried to educate the sceptics that the United States dollar is not worth the paper it is printed on.  The likes of Goldman-Sachs (with a name like Goldman, why would they be bearish on Gold – very confusing to us) forecast a $1000 ounce of gold, others saw an implosion to $500, not so fast says the market. When Goldman speaks people listen or do they? Today gold mounted a robust rally closing over $50 higher as it continues to close in on $1250 per ounce. In the last 30 days gold was as good as gold rising over $150.

To the naysayers out there, look what is happening in the world; in one word it is defined as TURMOIL. Globally people have lost confidence in their leaders – why do you thing Trump is doing so well and on the other side, Hillary the Liar, her momentum stopped dead in New Hampshire. Oh don’t worry she says, we are going South and the FBI, me worry. A little kick-ass by that Sanders fellow in the Palmetto State may be in the cards. Talking about the cards, Hillary then heads for Nevada – Ok Harry Reid is going to be shoveling the manure for Hillary, but what good will that do. Sanders may have a trick or two up his sleeve.

Anyway you look at it, oil tanking, zero interest rates and in some cases negative rates, one would think boom times are here. The average family is saving at least $1000 a year on gas, plus oil and natural gas to heat the abode. Doesn’t seem they are too anxious to spend the savings though. Europe on edge, suicide bombers perfecting their craft, Syria going down in flames. Latin America’s bargain with the devil is not working out so well; just ask the people in Venezuela. And we forgot to mention the dictator in North Korea, shooting his mouth off again. Guess he figures that do to his lack of manhood he would shoot off a missile. Lot of good that did.

Keep your hopes up, things can only get better.  The higher gold goes the worse it will be for the status quo. Remember, the Central Banks were set up by politicians to print money ostensibly to feed their minions, this became the loop for reelection; it continues today. Once the printing stops, the true revolution begins, the free-loaders will no longer be in control, but the men/women of conscince and integrity will once again rule. Work will be rewarded not the other way around.

2014 Blog Post:

WATCHING THE CRIMINALS HEADING SOUTH ACROSS THE RIO GRANDE

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dhsbadge

HOMELAND SECURITY
HOMELAND SECURITY

Close at hand is the REVOLUTION we all have been waiting for; Donald Trump’s victory in five states this past Tuesday all but sealed the deal. This has caused a fury among many of the illegals. They are getting their affairs in order, preparing for the day. Bank accounts are being drained, real estate  being sold and the Ford 150 Pickup being filled with gas, waiting to cross the border into Mexico. A one way trip mind you.

They have come to the land of plenty, illegally, exporting their culture to America – some good and some bad, but America is a land of laws, Mexico is not, corruption and gangs rule the roost. What seems cruel to our liberal progressive is only fair to those who work day in and day out to support these criminal illegals; they broke the law by breaking into our country.

Mexico has a gang culture; the Bandito is a father figure.  “To separate families” says the progressive is inhumane, but that doesn’t have to be so. Those who sons and daughters here, anchor babies if you will,  have the option of taking their families with them. Slight chance of that though.

It is time that these criminal illegals must accept the card they were dealt. Why, one may ask, bring a human into a world of decay, suffering, filth, dirt, corruption, death in the country you were born? To ask an innocent child to live and suffer the consequences of a parents mistake is akin to murder. But to ask others to solve their lot in life by paying for it is most egregious and down right wrong. For the leaders of a corrupt country to tolerate such conditions is the same as condoning them. They too are guilty of sin.

Adios AmigosIMG_4021

TRUMP SLAMS THE DOOR IN THE FACES OF HIS FOES – WINS PREDICTED IN CT, PA, DE, RI & MD

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As reported by FOX NEWS, Trump took out the broom yesterday, sweeping all five contests by wide margins.

Click here for yesterday’s results. Note the whooping Hillary took in RI.

Early returns are in, Trump forecasted to sweep CT, MD, RI and PA by wide margins, thereby  slamming the door in Cruz’s and Kasich’s face. Actually, those two contenders never had a chance. Trump’s message is getting across, the insiders are now outsiders, the outsiders are now insiders. As more returns come in we expect Trump to solidify his insurmountable lead. When the votes are fully counted look for Trump to break the 60% barrier. TRUMP

Trump’s yet to be opponent in November, Sanders or Clinton, face a tough challenge. The press has thrown in the towel on Trump all but conceding a Democrat victory. But what do they know?  Hillary Clinton is do disliked that many Democrats will sit out the election; they will be happy to see her lose. Punishing her for lying, cheating, scheming, killing, murdering, conniving, stealing and trafficking,

She has been pandering to those on the dole long enough. Hillary Clinton will get face slapped in November by the American Patriot. We can’t wait for her to step into the ring against Trump. A blood bath for sure.

http://www.foxnews.com/politics/2016/04/26/fox-news-projects-trump-wins-md-pa-conn-clinton-wins-md.html?intcmp=hpbt1  (Republicans calling for CRUZ to give it up)hillarydressedup Hillary Clinton has demanded that this photo be removed from the internet. 

AGAINST ALL ODDS

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Donald J. Trump is on the verge of the biggest political transformation in American History. Against all odds Trump is close to securing the votes needed to be the Republican nominee. They, that is the establishment, has thrown everything at him, but nothing has stuck. What Trump has done is very simple, he has turned political correctness on its head. This is something that the pandering RINOs were afraid to do. John Boehner gone, Eric Cantor – a little to coyes – gone, Mitch McConnell, the bespeckled, old codger who plays both ends against the middle is on his last hurrah.

Trump has tapped into the American psych; found out that many of the mainstream Republicans and Democrats alike are irate at Big Government and their subsidies to the couch potato, the parasite, the leach. By the way these welfare mongers have played the system to the hilt, helped by Big Government who coaches them on how to game the system. Many of them live in $300,000 homes paid by you the taxpayer, they don’t work, get Free Everything. When caught frauding the system they claim ignorance and on top of that are very rarely prosecuted. And if they are, no jail time, just a pat on the back.

And let’s not leave out the greatest leach of all, the government employee who either moves one stack of papers on his/her desk to one corner, then back again for hours a day. When not doing that he/her is looking out the window or using the iphone. These are our employees who report to no one. Hey, remember that criminal who took the fifth, Lois Lerner, do you realize she is ripping off the system for $100 big ones a year; nice pension if you can get it. And the list goes on and on.

When Trump gets his hands on around Hillary Clinton’s neck she will either drop out or continue to lie her way to the greatest defeat in a generation. What has she ever done, career wise she has rode on Bill Clinton’s back. Don’t forget the beating she took by Obama in 2008. She can never laugh that one off.

And, don’t tell the press, but she is taking a beating from Bernie Sanders. Feeling the Bern do you, Hillary. Without superdelegates and the Black vote, Hillary Clinton would be out there offering curb service. No kidding! Mr. Sanders has pried the lid off Clinton’s can and most intelligent Democrats realize it is empty. We are glad to see the Lying Clinton sweating bullets as she looks toward California in the first week of June. Another beating by Sanders is expected. No suntan lotion will  protect her from the BERN. trumpbillboard3TRUMP

 

From the Drudge Report
DONALD TRUMP Still Outperforming Cruz, Sanders and Hillary Clinton! Cruz and Sanders Both Eliminated in 5 Days

To keep up to date on the happenings of the campaign you can go to his Facebook page with the following URL, www.facebook.com/DonaldTrump/.  You can also get information at the following URL “TIME TO PLAY THE TRUMP CARD” on Facebook. Either way, there is a whole lot of information there.