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a kennedy

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Member since: Sat Jun 5, 2004, 12:02 AM
Number of posts: 20,875

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Five backed by Koch brothers group win seats, 4 lose in county split by plan for huge mine

In a sparsely populated northern Wisconsin county where residents are split over a proposed open pit iron mine, five pro-mining candidates prevailed in Tuesday's county board election after receiving last-minute help from a well-funded national conservative group.

Four others, however, were defeated in Iron County Board elections despite aggressive support from the Wisconsin chapter of Americans for Prosperity, which was founded by billionaire businessmen David and Charles Koch.

The proposed mine would run for more than 4 miles through the Penokee Hills in the northeast portion of the state. Proponents say a mine would bring jobs, while critics say recently relaxed state regulations may not protect the environment.

Five AFP-backed incumbents won. Three other AFP-supported incumbents lost along with one challenger who had the group's backing. AFP didn't indicate a preference in the other contested race.

Losses by incumbents are unusual in a county where the election clerk can't remember the last time anyone even filed to challenge an board member in an election. But Bob Seitz, a spokesman for the Gogebic Taconite mining company, said the most vocally anti-mine challengers lost. Seitz said the current board has been cooperative.

"The three new board members, I don’t have a lot of history with any of them," Seitz said.


Whew, so glad there's a lounge forum......

and I need a drink.....I'm not going to last until the election it is getting rough out there.

Six Members Of Congress Have Financial Stake In Russian Sanctions....this can't be good.

Florida Democratic Rep. Alan Grayson, another foreign affairs committee member, also holds a significant interest in Lukoil, having reported owning between $500,000 and $1 million in Lukoil stock in 2012, the most recent year for which full disclosure reports are available. This past January, Grayson reported selling between $250,001 and $500,000 of the stock, but his office would not discuss how much he still owns. Like McCaul, Grayson regularly appears on the list of the wealthiest members of Congress.

and North Carolina Democrat Sen. Kay Hagan.....

Among the senators who backed further sanctions on Monday was another wealthy member, North Carolina Democrat Sen. Kay Hagan, whose net worth in 2013 was reported to be at least $8 million. Hagan owns between $1,001 and $15,000 worth of stock in Mobile Telesystems, the Russian cell phone behemoth. The senator's office did not immediately answer questions from HuffPost about whether she would be willing to sell the stock, but told HuffPost they were looking into the matter.

Hagan's investment in a cell phone company isn't nearly as risky, however, as Kentucky Republican Rep. Hal Rogers' investment in the Russian state-controlled oil company Gazprom. According to his disclosure reports, the powerful chairman of the House Appropriations Committee has bought and sold Gazprom stock at least twice during the past two years. As Russia's largest and most visible company, Gazprom is at a particularly high risk for any increased sanctions.

UPDATE: 1:56 p.m. -- Hagan's office offered the following explanation for the holdings mentioned in her financial disclosure:

This is a spousal asset that Senator Hagan has no control over. The stock is part of a trust in which Senator Hagan's husband has a partial stake, and he does not control its day to day transactions. Additionally, the trust is listed as "proportional income interest only" which means Senator Hagan's husband does not actually own the assets, and as you can see, the income it generated was between $0-$201, which is far less than the listed value of $1,001-$15,000. Senator Hagan is also supportive of the bill being considered by the Senate this week that would aid Ukraine and impose sanctions on Russia.



Badgers going to the Sweet 16...... A W E S O M E.

Julius Peppers just signed with the Packers.....


Filed to ESPN: Agent Carl Carey adds Julius Peppers' 3-year deal to Green Bay is "for $30M max, $7.5M guaranteed & $8.5M in tot 1st yr sal."



Sure hope "Hank" can help the Brewers out this year......

Hank the Dog officially makes Milwaukee Brewers roster..... such a cute story, a stray, and now elevated to "rover" status.....


and here's a little history on his story:


Just adorable..... atta boy Hank.

I request again.......anyway we can buy shamrocks for St. Patrick's Day??

that would be so awesome. Thank you. and may luck of the Irish be with you.

The puppies Gus Kenworthy adopted from Sochi are on their way to America

One of the most adorable stories from the 2014 Olympics was about Gus Kenworthy’s attempt to adopt all of the stray puppies in Sochi. He tweeted all about his efforts, but really won our hearts when he took this sweet selfie.

Kenworthy, an American freeskier who won a silver medal, kept his promise to bring the puppies home, and they are on their way! But unfortunately, one of the female strays named “Sochi” died while Kenworthy’s friend Robin Macdonald was trying to get the dogs back to America for proper treatment, according to ABC News.


D*mn our refrigerator just died......d*mn

and holy crap are they expensive.....over 900.00?? Yikes.

Elderly Collecting Social Security won't Qualify for a HELOC no matter how much Equity in their home

Government Sequestration of the Elderly's Home Equity a 100% Success. Over 98% of the Elderly Collecting Social Security won't Qualify for a HELOC no matter how much Equity is in their Home!
The U.S. government has sequestered the home equity wealth of the elderly. Anybody who makes less than 3,000 dollars a month is not eligible for virtually any type of a loan, even if that person owns a home and has an abundance of equity in the home.

The average amount of social security income for 2014 is between $1,100 to $1,500 per month.
Anybody receiving less than $2,400 dollars a month in SS (SS 2,400 x 1.25 = $3,000) WILL NOT qualify for a HELOC in most scenarios! It is safe to say that over 98% of the elderly would NOT QUALIFY for ANY type of loan, even a loan secured by their home, even if their home is paid off!
There are literally millions of elderly who could probably have a plus net revenue every month if they could pay off credit card debt with a HELOC. The reduction in interest rate charges that range from 12% to 20% from credit card debt down to a more reasonable 4% HELOC would literally tip many elderly back into the black, thus allowing them to actually pay down their HELOC over time. The elderly would eventually have more spendable cash as well.
The U.S. government has basically sequestered the elderly from being able to pay down their higher interest rate credit card debt by use of their HELOC!
The U.S. government has basically forced the elderly who own homes into reverse mortgages or nothing at all.

The biggest problem I have with reverse mortgages is the more thrifty the elderly person is taking money out of their home via a reverse mortgage, the MORE they get penalized by the mortgage insurance premium that is tacked on based on the full value of their home!

For every dollar the thrifty elderly person takes out on a reverse mortgage plan, another dollar goes for mortgage insurance! And, all mortgage insurance payments that come out of the the Home's Equity get assessed that 4% or higher HELOC interest rate charge!

Why should you care? If the elderly are locked out of their own home equity, especially if all they want to do is eliminate credit card debt, they have little or no money to spend on local commerce since it is going to the credit card companies in the form of high interest rate charges.

Do you see the government orchestrated trap? Either the elderly stay stuck with high interest rate credit card debt that continues to erode their spendable wealth, or they sign up for a reverse mortgage and have their home equity eaten up by the mortgage insurance premiums.

If you fight against elderly wealth sequestration, you are actually helping free up dollars for local commerce and that helps everyone in your local community.

Is this true?? D*mn if it is.....haven't heard a word about this.
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