Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘legislation’

Your Tax Dollars At Work: Taxpayers Subsidize CEO Pay, Here’s How #BonusLoophole

Posted by Warm Southern Breeze on Saturday, September 3, 2016

Executive Excess 2016: The Wall Street CEO Bonus Loophole

This 23rd annual report reveals how taxpayers are subsidizing financial crisis windfalls.

By Sarah Anderson and Sam Pizzigati, August 31, 2016

CashingInOnTheCrisis-Graphic-1-1This report is the first to calculate how much taxpayers have been subsidizing executive bonuses at the nation’s largest banks.

The study focuses on a 1993 Clinton administration reform that was intended to rein in runaway CEO pay by capping the tax deductibility of executive compensation at $1 million. But the new rule included a huge loophole for stock options and other “performance” pay. As a result, the more corporations hand out in executive bonuses, the lower their tax bill. This perverse incentive for excessive compensation has been a major factor in the explosion of CEO pay.

The financial bailout program closed this loophole for recipients, but only until Read the rest of this entry »

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Medical, Scientific, and Economically Valid Reasons To Legalize #Marijuana In Sweet Home Alabama #ALpolitics

Posted by Warm Southern Breeze on Thursday, November 12, 2015

It’s no joke, Colorado is ROLLING (pun intended) in revenue from the taxes and licensing fees associated with legal cannabis sales.

From the Colorado Department of Revenue:
Colorado Marijuana Tax Data
Total marijuana tax revenue includes the 2.9% retail and medical marijuana sales tax, 10% retail marijuana special sales tax, 15% marijuana excise tax, and retail/medical marijuana application and license fees.

For the month of September 2015 (reported October 2015), Colorado had TOTAL (Total All Marijuana Taxes, Licenses) $11,656,736.

On an annualized basis, that’s at least $139,880,832.

The rhetorical question is:
What could Sweet Home do with even half the money like that?

Consider also this: That the legalization of cannabis also largely eliminates Read the rest of this entry »

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Magic City Brewfest: Renewed excitement in 7th year with passage of Alabama’s Homebrew Law

Posted by Warm Southern Breeze on Sunday, June 2, 2013

Wonderful! Wonderful! Wonderful!

Moylan's Kilt Lifter is poured during the 2013 Magic City Brewfest, Friday, May 31, 2013. (Tamika Moore | tmoore@al.com)

Moylan’s Kilt Lifter is poured during the 2013 Magic City Brewfest, Friday, May 31, 2013. (Tamika Moore | tmoore@al.com)

Cheers to beers: Alabama raises a glass to home-brew, Brewfest and craft breweries

(Gallery by Tamika Moore | tmoore@al.com)

Kathryn Tuggle | ktuggle@al.com By Kathryn Tuggle | ktuggle@al.com
Follow on Twitter
on June 02, 2013 at 8:56 AM, updated June 02, 2013 at 9:39 AM

This weekend Birmingham played host to a sold-out Magic City Brewfest at Sloss Furnace, featuring more than 200 different beers from more than 70 craft brew­eries around the nation. Although 2013 marked the seventh annual Brewfest, it was the first since home­brew became legal in Alabama, thanks to legislation passed in May.

Because home-brewers in Alabama can now share recipes and bond over their successes and struggles, Brewfest has a renewed “electricity” in the air, said Gabe Harris, president of Free the Hops, the grassroots non­profit that worked to help pass the home­brew bill.

“It feels great to have home-brew legal in Alabama,” Harris said. “Every craft brewer at Brewfest started out as a home-brewer, and everyone is really excited to be here this year.”

Because craft brewers across the state feel passionately about spreading the home­brew “gospel,” the Home-brew Association set up a tent at Brewfest specifically to edu­cate people about the brewing process.

“We’ve had tons of peo­ple at the tent asking some really intelligent questions,” Harris said.

Spencer Overton, home­brew manager at Birming­ham brewery and bar Hop City, said Birmingham is now on the “cutting edge” of craft beer. Read the rest of this entry »

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Adolphus Busch IV Resigns From NRA

Posted by Warm Southern Breeze on Monday, May 20, 2013

“It disturbs me greatly to see this rigid new direction of the NRA.
As a starting point, one only has to ask why
the NRA reversed its original position on background checks.
Was it not the NRA position to support background checks when Read the rest of this entry »

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Alabama State House Committee OKs Home Brew Bill

Posted by Warm Southern Breeze on Wednesday, February 20, 2013

Finally!

Little by little, in some regard, Alabama is moving into the 21st century.

House committee approves bill that would legalize home brewing of beer

By Mike Cason | mcason@al.com
February 20, 2013 at 5:35 PM

MONTGOMERY, Alabama — The House Economic Development and Tourism Committee today approved a bill that would allow those 21 and older to make home brewed beer, wine, mead and cider for personal use.

Rep. Mac McCutcheon, R-Huntsville. (Robin Conn/The Huntsville Times)

Rep. Mac McCutcheon, R-Huntsville. (Robin Conn/The Huntsville Times

The bill, by Rep. Mac McCutcheon, R-Huntsville, would limit the total production to 15 gallons every three months.

The committee approved the bill after a public hearing, putting it in position for consideration by the House of Representatives.

Several home brewing enthusiasts spoke in favor of the bill.

Jason Sledd of Huntsville told the committee he took up home brewing as a hobby last year.

“At the time, I had no idea what I was doing was illegal in the state of Alabama,” Sledd said.

Sledd said he learned home brewing was illegal after joining a home brewers club.

Rep. Berry Forte, D-Eufaula, said he was opposed to the use of alcohol because of what it had done to some family members. He asked Sledd whether he brewed beer in front of his children.

Sledd said he did, and said he was teaching them the responsible way to use alcohol.

“They will have years of experience of seeing an adult drink alcohol and not being intoxicated,” Sledd said.

Joe Godfrey, executive director of ALCAP, Read the rest of this entry »

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George H.W. Bush NRA Resignation Letter

Posted by Warm Southern Breeze on Thursday, January 17, 2013

Increasingly, the National Rifle Association has demonstrated that it is little more than a high-powered group of radicals Hell-bent on passing legislation that benefits anything and everything related to firearms, all unrestrained.

Letter of Resignation Sent By George H. W. Bush to National Rifle Association

Published: May 11, 1995

Following is the letter of resignation sent last week by former President George Bush to the National Rifle Association: May 3, 1995

Dear Mr. Washington,

I was outraged when, even in the wake of the Oklahoma City tragedy, Mr. Wayne LaPierre, executive vice president of N.R.A., defended his attack on federal agents as “jack-booted thugs.” To attack Secret Service agents or A.T.F. people or any government law enforcement people as “wearing Nazi bucket helmets and black storm trooper uniforms” wanting to “attack law abiding citizens” is a vicious slander on good people.

Al Whicher, who served on my [ United States Secret Service ] detail when I was Vice President and President, was killed in Oklahoma City. He was no Nazi. He was a kind man, a loving parent, a man dedicated to serving his country — and serve it well he did.

In 1993, I attended the wake for Read the rest of this entry »

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House Republicans move to repeal Obama health insurance reforms

Posted by Warm Southern Breeze on Tuesday, January 4, 2011

The alternate title to this entry is rather lengthy.

“I’ll take ‘How to re-elect the President for $1000, Alex.'”

“Answer: House Republicans move to repeal Obama healthcare.”

But before we continue, enjoy a little-known presidential history fact:

Renown presidential historian Michael Beschloss appeared on an episode of The Comedy Channel’s “The Daily Show” with Jon Stewart,  shortly after the November 2010 General Election.

There were many Republicans seats gained in the House of Representatives, leading some pundits to question President Obama’s effectiveness after such a loss.

Mr. Beschloss remarked that “The three presidents in recent times who have had midterm loss like this have been Truman, Eisenhower, Bill Clinton. Every single one of them got reelected.

Let’s examine elements of so-called “ObamaCare” they want to repeal. Read the rest of this entry »

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A note on Illegal Immigration

Posted by Warm Southern Breeze on Friday, May 7, 2010

An old Social Security card with the "NOT...

Image via Wikipedia

The following is one of the typical e-mail “you must do something now!” kind of messages that so many of us receive in our e-mail in boxes.

In such typical fashion, they are either contain a type of ‘the world is going to end’ (and soon, if you don’t act now!), or either “the sky is falling!,” type of message.

While the motivation for the message, or the idea behind them may – at times – be worthwhile, often the delivery is suspect.

Following is the message, and – NOT TO BE MISSED – is …Continue…

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American Medical Association, AARP OKs Obama Health Reform Bill

Posted by Warm Southern Breeze on Monday, March 22, 2010

Saying “We cannot let the perfect be the enemy of the good,” J. James Rohack, MD, President of the American Medical Association, reiterated organizational support last Friday for the Affordable Health Care for America Act (H.R. 3962/H.R. 3961),  which is often referred to as President Obama’s healthcare overhaul bill.

Dr. Rohack said the AMA Board of Trustees voted unanimous approval after reviewing the House of Representatives’ reconciliation bill, added that the bill wasn’t perfect saying, “This is certainly not the bill we would have written.” [ed. note: Nothing in this world is perfect.]

Joining Dr. Rohack, senior staff and board certified cardiologist at Scott & White Clinic in Temple, Texas, whom became the 164th president of the American Medical Association (AMA) in June 2009, was the non-partisan, 40 Million member strong, American Association of Retired Persons.

The Scott & White Clinic is a 636-bed not-for-profit, Level I trauma center and teaching hospital, which also operates …Continue…

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Veteran’s Day 2009

Posted by Warm Southern Breeze on Monday, November 9, 2009

I’m proud to have served my nation in the uniform armed services, having done so voluntarily. I think every young American should do similarly. And, I believe our nation should provide significant benefit to those whom so choose.

Some years ago, I envisioned what I called a “234 Plan,” which would:

  1. Double pay grade for two years up to pay grade E-3 for initial enlistees;
  2. Require a minimum of Four Years of service;
  3. Pay for four years of higher education, up to and including Ph.D., with the ability to transfer benefits to first-degree relatives;

and perhaps most importantly,

4. Provide such income as federally Tax-Free, forever.

At current pay rates, that would be slightly under $76,000 for a period of two years at pay grade E-3 – not a bad nest egg. And then, there’s the 30 days paid vacation, head-to-toe health care, incentive/bonus pay for skills, BAH (basic allowance for housing), and a host of other remunerations and fiduciary potential – all of which are added to Basic Pay, thereby increasing take-home pay. Potentially, managing money wisely, a young enlistee could emerge from a four year commitment with very nearly $125,000 in pocket, VA health benefits, GI Bill benefits, and more.

The money could be used wisely, or squandered. But the principle would forever be federally tax-free – and I think it should be at the state level, as well. It’s well known that young enlistees have high levels of “disposable” income. But WISE fiscal management could yield significant benefits to them individually, and by extension, to our nation.

Part three of the plan I envisioned – higher education – was implemented when President Obama signed the Post 9/1 G.I. Bill, providing the most comprehensive expansion and provision of educational benefits our troops have received since F.D.R.’s presidency.

I recollect a report entitled “Young Virginians: Ready, Willing, and Unable to Serve,” having read and saved it September 2, this year. It was authored and advised by an impressive cadre of Generals, Admirals, field-grade officers, and senior executive NCOs, from all branches of the service, and “supported by the Pew Charitable Trusts, and Pre-K Now, campaign of the Pew center on the States.”

Interestingly, NPR has only recently reported on it.

The problems the report addresses are from a thorough examination of Virginia, though it’s findings can be extrapolated to the United States at large.

According to the report, the three greatest problems disqualifying American youth from service to our nation include:

1.) Criminality – felony and serious misdemeanor offense;

2.) Education – failure to graduate high school, and low achievement in reading & math, 30% unable to pass the Armed Forces Qualification Test; and

3.) Health – specifically obesity, although asthma, eyesight, hearing, mental health, ADHD and additional health problems factor in, thereby disqualifying over half of all young adults.

Additional disqualifiers include single custodial parenthood, and drug or alcohol abuse.

These are all social ills.

Mission: Readiness – Military Leaders for Kids is a bipartisan, nonprofit, national security organization of more than 80 retired generals and admirals,” whom “accept no funds from federal, state, or local governments,”  and “call on all policymakers to ensure America’s security and prosperity by supporting interventions proven to help America’s youth succeed academically, stay physically fit, and abide by the law. Pre-K Now collaborates with organizations and policy makers to lead a movement toward high-quality, voluntary pre-kindergarten for all 3- and 4-year-olds.”

In recent political history, social programs have been an “easy target” for many of the Republican stripe whom have seriously reduced or eliminated such programs’ funding, effectively or outright killing the very programs that could have done much to have prevented these anathemas.

Ironically, prison construction and maintenance is a capital expenditure. And of all the world’s nations, ours has more incarcerations per capita than any other, having exploded (doubling 2.5 times) since 1980 (though incarcerations remained relatively stable since 1920, according to the U.S. Department of Justice).

How’s that THAT for the so-called “Reagan Revolution?” It sounds more like a “Contract on America” rather than “with America,” to me.

Wonder why no more.

Governance is much more than infrastructure expenditures, and military readiness includes a strong social component.

Our Constitution calls it providing “for the common defense,” by promoting “the general welfare,” to “secure the blessings of liberty.”

Healthcare is an integral and unequivocal part of that equation… as we can now painfully, and plainly see.

I suppose it would be apropos and germane – though perhaps trite – to conclude with a line from advertising: “You can pay me now… or, pay me later.”

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