Understanding the Debt Debacle

National Debt Graph by President National Debt Graph by President In 1981, the supply siders commandeered the Reagan Presidency and employed their voodoo economics, (as George H. Bush senior had called it in 1980. ) He was saying that tax cuts would not increase government revenues. As you can see above, the Voodoo failed just as G. H. Bush predicted, and the supply siders turned a 32-year winning streak into a debt disaster that continues to this day. For 20-years, under Reagan and the Bushes, the national debt increased compared to GDP every single year. In most other years it decreased. Twenty years in a row can’t be just an accident. This trickle down economics is an ideology that makes the rich richer and through declining tax revenue the country poorer in its infrastructure. If the job creators would have taken tax cuts and created jobs in the USA it may have worked. Had the tax cuts designed to rebuild our steel industry, been linked to verified rebuilding instead of, here’s the tax cut we have faith you’ll do the right thing, may be tax cuts for business would have worked. Conservatives are quite embarrassed by this performance, so they have invented a cover story: The Democratic Congress did it. Nice try. But for 12 of the 20 years the Congress was not Democratic. Also, presidents can veto, and when it was a Democratic led Congress, it passed smaller budgets on average than the Republican Presidents asked for. Presidents propose the budget, and they have the most influence. Some think President Obama is responsible for our deficit. Some need to do research and investigate the daily rhetoric from internet and wealthy owned news propaganda outlets. Iam Loal 2319

The Georgia Aquarium

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NJ Energy Co Invests In It’s Customers

New Jersey energy provider, PSE&G is helping New Jersey residents and institutions save money by becoming more energy efficient. The company is investing $277 million in energy efficiency programs aimed at residents of NJ cities and institutions that are used by the community, like hospitals and government offices that might not otherwise make investments in energy efficiency. Upfront costs and long pay-back times often prevent these institutions from making the switch to more energy efficient products like LED lighting. PSE&G’s $240 million investments are helping fund  11 energy efficiency initiatives in places where they are needed most. The program is already paying dividends for New Jersey and PSE&G. Energy efficiency upgrades funded by the program saved PSE&G customers more than 283 million kilowatt-hours of electricity in 2010. That’s the equivalent to the energy produced by a 30 megawatt power plant running continuously for a year. This is done without operating costs, and without creating more pollution.

Investing in energy saving products like LED lighting makes sense in these times of out of control energy costs. Homeowners, businesses and even RV and boat owners can benefit from installing LED lights. Upfront costs are still higher with LED’s, but prices have dropped dramatically in the last few years bringing payback time down to under two years in most cases. After that the savings in electricity costs and maintenance costs go right into your pocket. There are many excellent LED products available including interior lighting, exterior lighting landscape lighting and LED lights for boats and RV’s.

Clothing Company Cuts Lighting Costs

The M.J. Soffe Company is reducing its energy and maintenance costs at its Fayetteville, NC headquarters by switching to LED lighting. By retrofitting lighting at its warehouse and other buildings, the company will reduce its lighting costs by 65 percent and cut its overall electricity costs by almost 20 percent. The new fixtures will also reduce cooling costs by eliminating the heat generated by the older lights and improve safety by providing better illumination. Maintenance costs are also expected to fall due to the extremely long life of the LED lights.The reduction in electricity use will also cut M.J. Soffe’s carbon footprint by 846 metric tons. Save money while you cut your carbon footprint by installing underwater LED lights on your boat or dock.

Town Hopes New Boat Ramp Brings Business

Residents and businesses of Leeville, LA are hoping a new boat ramp can bring visitors back to there community. In 2009, an aging bridge along LA1 was replaced with a new toll bridge that diverts traffic away from the marina, campgrounds, hotels, shipyards and restaurant that provide jobs for most of the towns residents. Residents are hoping a new boat ramp will attract visitors back to the community. If the boat ramp can be built, it will provide a free access point to some of the best saltwater fishing in the country. The Parish government has scaled back plans for the boat ramp after State Wildlife and Fisheries officials denied a previous grant that asked for too much money. The scaled back the plans ask for enough money to build only the ramp and a paved parking lot.

Duluth Marina Seeks Approval For Hotel

Duluth Boat Club Picture courtesy of Duluth Library Harbor Cove Marina is one step closer to constructing a 55 room, 37,000 sq ft hotel at the 104 slip marina. The Duluth Planning Commission voted 6 to 2 to recommend that the Duluth City Council approve rezoning the property from industrial waterfront to mixed used waterfront. Approval of the rezoning by the City Council would allow owners of the marina to move ahead with there plans to build the hotel. Inspiration for the design of the new hotel would come from the former clubhouse of the Duluth Boat Club. The clubhouse was originally built on the property in 1886 and was rebuilt in 1902 after a fire destroyed the original structure. If the rezoning is approved by the City Council the marina owners will have to provide information to the council on needed upgrades to utilities and infrastructure. Other amenities at the new hotel could include a swimming pool and underwater LED dock lights.

Marina Floats Plans For Upgrades

A group of investors wants to turn the marina at Belmar, NJ into a multiuse facility that will include shopping, a restaurant, miniature golf and a Tiki Bar. The proposed $10 million facility, by DM Belmar Marina, LLC, will open the new Tiki Bar and minature golf course by this summer. The Tiki Bar will be built on the 9th Avenue Pier and will include boat slips for float up patrons. A new 34,000 square foot building featuring retail shops on the first floor and a 16,000 square foot restaurant on the second floor should open by March, 2013. The restaurant and shops will be built on land now occupied by the marina’s offices and bait shop. Funding for the project will be provided entirely by private investors. No taxpayer money will be used to fund the project. A nice touch for this facility would be the use of underwater LED dock lights around the Tiki Bar dock. Underwater LED lights would improve safety for float up customers and greatly improve the atmosphere for all of the Tiki Bars customers.