KNOWLEDGE IS POWER

How many times have you heard the expression, “Knowledge is Power?” I heard it from an unexpected source last week during one of our public hearings in the Senate Government Operations, Technology and Consumer Protection Committee.Who could disagree with the statement that knowledge is power? In fact, when someone used that line representing the conservative group, Americans for Prosperity, I thought it might be an opportunity to find agreement. The person testified in favor of a bill (Senate Bill 179) to force gas stations to post a sticker on each gas pump stating ...

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Individual Liberty and Health Care

Recently I had conversation with a college student on the subject of a national health care program. The student objected to “Obama Care” because it limited his “liberty.” Being required to participate infringed on his freedom to choose not having health insurance. He also objected to paying for other people, especially those who might do unhealthy things.I suggested to him that we are all members of a society. No man, or woman, is an island and no one is free to do, or not do, anything they want. All civilized societies impose necessary restrictions on people. ...

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MODERN MONETARY THEORY UNIT III: FEDERAL GOVERNMENT SPENDING FUNDS TAXES

Imagine for a moment that this popularly held belief is true – that the US Federal Government has no money of its own and depends on taxes to fund any government spending. Think about this. Ask yourself the obvious question. If the US Federal government has no money of its own and depends on tax dollars for its operation, where did the tax dollars people pay each year come from in the first place?Well, we would all answer, “I work hard for my wages or salary and part of the money I earn is taken away from me to pay my federal and state taxes. That’s where federal ...

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HOW DEMOCRATS CAN WIN RURAL AMERICA

Many Democratic presidential candidates are busy wooing Iowa voters. The famous Iowa caucus allows the candidates to groom their message for rural America. Robert Leonard and Matt Russell have given strong ways to rebuild and reclaim rural America for the people.Mr. Leonard is the news director for the Iowa radio stations KNIA and KRLS. Mr. Russell is the owner of Coyote Run Farm and the executive director of Iowa Interfaith Power and Light.There are four strong themes throughout Iowa and throughout the Midwest: Demography Infrastructure Farm sustainability ...

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Shared Prosperity and Taxes

“...building broad-based prosperity requires investing in what works – and we can’t do that without taxes.” Tamarine Cornelius, Wisconsin Budget ProjectToo often we refer to taxes as a “burden.” Taxes are not portrayed as an opportunity, a public investment, a responsibility of patriotic citizenship. This limited vision does not serve us well.The Wisconsin Budget Project is a non-partisan organization that analyses these issues. Referring to the tax cuts and budget choices that cut public investments in people, they say “Not only have past tax cuts ...

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Patriotic Millionaires

Taxes have always been a major political issue in America. We love to hate taxes. From “no taxation without representation” in 1776, to “read my lips…..no new taxes” in 1988, to the current administration's fake tax cuts in 2017, taxes have been the controversy of choice for politicians. They can always fire up the voters with calls to “tax the rich” or to “give back your hard-earned money.”Sensible people understand that taxes are the dues we pay to belong to a civilized society. Taxes are essential to a stable government, and stable government ...

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CONCERNED WISCONSINITES PACKED THE UNION

Concerned Wisconsinites packed the Union on the UW-Green Bay campus to attend and speak at the Joint Finance Committee listening session Wednesday, April 24, 2019.Over 200 of our brothers and sisters waited their turn to address the 16 member JFC. Testimony began at 10:00am and a resident from Wausau spoke at 7:35pm.Each speaker was allowed two minutes to express their concerns, often pleading with JFC members to listen to their concerns and accept Governor Evers provisions in the 2019-2021 budget.Speakers and the attenders, estimated at about 350-400 people, were ...

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WE CAN BE WHATEVER WE HAVE THE COURAGE TO SEE

https://www.youtube.com/watch?v=d9uTH0iprVQ

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MODERN MONETARY THEORY UNIT II: THE MONETARY SYSTEM OF THE UNITED STATES

The US Government cannot run out of money any more than Lambeau Field can run out of points during a Packer game. Quoting former Chairman of the US Federal Reserve Bank (the Fed), Ben Bernanke, during a 2009 interview with Scott Pelley on CBS 60 Minutes:(PELLEY): “Is that tax money the Fed is spending?”(BERNANKE): “It’s not tax money. The banks have accounts with the Fed much the same way that you have an account with a commercial bank. So, to lend to a bank, we simply use the computer to mark up the size of the account that they have with the Fed.”In 1944 ...

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EARTH DAY SHOULD BE EVERY DAY

It’s been eight years since anyone in our executive branch of government uttered the words “climate change.” Thankfully, Governor Tony Evers brought science, common sense and the term climate change back to Wisconsin.Since the 1970’s, Wisconsin Governors have shaped our nation’s conservation legacy. In my office, over my desk, hangs a poster from Governor Gaylord Nelson’s campaign. The man from Clear Lake was ahead of his time. He did all he could to raise awareness that the earth is worth protecting.We recently celebrated Earth Day. From recycling to ...

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