Posted on 11/08/2012 7:44:17 AM PST by KeyLargo
Should successful people in Illinois "go Galt"?
Posted by Bruce Donnelly on November 7, 2012 at 11:30pm View Blog
Successful people in Illinois lost the election yesterday. The future looks pretty bleak, not just because several good Republican candidates lost their races, but because virtually unchecked Democratic power was reinforced in Springfield.
A few local wins are small consolation for the continued rise of radical progressives in Washington and Springfield. They now have virtually unchecked power to keep ruining us all economically.
The Republican Party in Illinois has failed miserably - again - and it will cost us all dearly. The Democrats now have a veto-proof majority in both the Illinois House and Senate, as well as the Governor's mansion. Even if Republicans make a few gains in 2014, that won't change the situation. Illinois is effectively a one-party socialist state now. The Republican Party seems to lack any viable plan to become relevant again.
I don't generally like Ayn Rand's philosophy, as detailed in Atlas Shrugged, but it may finally be time for rational leaders to "go Galt" in Illinois.
Let Obama push his “tax the rich” agenda, and let the Dems in Springfield do continued damage, too. Stop hiring. Stop fighting them. Invest elsewhere.
It may be time for a strike by capitalists, rather than unions.
If they want government to run and regulate and redistribute everything more "fairly", let them try to make it work. Stop trying to succeed in spite of them.
Focus on capital preservation and economic growth elsewhere, where business is welcomed, rather than the creation of taxable income and growth in Illinois.
Let the progressives who voted for this big government agenda feel the full adverse consequences of their decision.
(Excerpt) Read more at awakenamerica.ning.com ...
1. Open a small operation elsewhere (outside Illinois).
2. Gradually transition your operations to the new site.
3. Close down the Illinois operation.
There isn't one. It's about relocatitng to the center of power and influence.
In a free society there is a tendency in a free market toward the establishment of a uniform rate of profit on capital invested in all the different branches of industry.A rational capitalist with funds to invest should naturally prefer to male investments that earn a high rate of profit and withdraw funds from situations earning a low rate of return.
“Just go to a neigboring state.”
I am moving my family from CT in the next 1 year to 18 months. Unfortunately there really are no neighboring states. I will do my research. I am looking at Texas and Oklahoma, but no decisions are made. I am tired of this state using me as an ATM machine. 2 years ago CT took the emergency fund and used it to shore up the state workers pension. Then when Hurricane Irene hit, they immediately called FEMA and said they had no money in the emergency fund due to low revenue and etc. Home prices and income are down everywhere, but this state just raised its income taxes and nearly every town raised its real estate taxes. I have to ask what do I get for all these tax increases, I haven’t seen any budget cuts on the town level or state level.
I know there are taxes everywhere. At least maybe I can move to a place that has leadership that reflects my views.
Nope. But for the person in IL, depending on where they are, WI, IN, MO, and Iowa are nearby.
I'm in about the same boat you are as far as location goes (I'm in Maine), but don't have any plan to move. Doesn't mean I won't, just that I don't have a plan to. I have friends and family in Indiana.
“Joe Walsh is already talking about running for Governor, and it’s worth remembering that we had two very good Republican governors before Blago and the present idiot, Pat Quinn.”
IL governors such as convicted Republican Jim Ryan?
Dream on.
Bill Daley already has the IL governorship sewed up.
Bill Daley Considers Illinois Gubernatorial Run
Bill Daley Considers Illinois Gubernatorial Run
By Matt Vasilogambros | Thursday, November 8, 2012 | 7:11 a.m. William Daley
Former White House Chief of Staff Bill Daley is considering a run for governor of Illinois, the Chicago Tribune reports.
“I’ve thought about it before and I don’t take it off the table,” Daley told Tribune on Wednesday. “I think right now, to be very frank with you, the last thing in the world anybody wants to hear about is a race that’s two years down the road.”
By Matt Vasilogambros | Thursday, November 8, 2012 | 7:11 a.m. William Daley
Former White House Chief of Staff Bill Daley is considering a run for governor of Illinois, the Chicago Tribune reports.
“Move your successful business north to Wisconsin!”
The same state that went for Obama?
No thanks.
Head east to Indiana.
RTW passed in 2012.
New Republican governor - Mike Pence.
Republican supermajorities in both house and senate. (Dems can spend all the time they want in Illinois this year and it won’t make one bit of difference.)
We have been watching a great TV series on homesteader families in Alaska and how they help one another out relying on the land up there.
Alaska: The Last Frontier
view
Discovery Channel
Alaska: The Last Frontier
date and time
11/07 - 11/22
Time
Series Title & Description
Nov 10, 9:00 am
(60 minutes)
Alaska: The Last Frontier
Before the Freeze
CC
Meet the Kilcher family, who live on a 600-acre homestead in Alaska. With another brutal winter approaching, and bears having killed two of the family’s cattle, they are forced to pin all of their hopes of surviving the winter on one last hunting trip.
Nov 10, 2:00 pm
(60 minutes)
Remind Me
Alaska: The Last Frontier (Season 2)
Range Riding
TV-14 (LV), CC
Atz begins his summer range riding season to protect Otto’s cattle herd. A bear menaces from the edge; a wolf invades the herd. Otto and family race the clock and the elements to gather in winter’s hay crop. Eivin and Eve’s cannibal hen strikes again.
Nov 10, 3:00 pm
(60 minutes)
Alaska: The Last Frontier (Season 2)
The River Wild
TV-PG (L), CC
The Kilchers rally and call in favors to tackle their largest project this season. They have 48 hours to build a long cattle fence and rebuild a cabin, or the treacherous river’s tide will trap their barge full of critical equipment for another month.
Nov 10, 4:00 pm
(60 minutes)
Alaska: The Last Frontier (Season 2)
Something’s Fishy
TV-14 (L), CC
Summer half over, the Kilchers head out fishing, but it’s not for fun...at least not entirely. They need 100s of pounds of fish to eat and barter with during winter. Each couple has their own time-proven technique for catching salmon, halibut and trout.
Nov 13, 6:00 pm
(60 minutes)
Remind Me
Alaska: The Last Frontier (Season 2)
Range Riding
TV-14 (LV), CC
Atz begins his summer range riding season to protect Otto’s cattle herd. A bear menaces from the edge; a wolf invades the herd. Otto and family race the clock and the elements to gather in winter’s hay crop. Eivin and Eve’s cannibal hen strikes again.
Nov 13, 7:00 pm
(60 minutes)
Remind Me
Alaska: The Last Frontier (Season 2)
The River Wild
TV-PG (L), CC
The Kilchers rally and call in favors to tackle their largest project this season. They have 48 hours to build a long cattle fence and rebuild a cabin, or the treacherous river’s tide will trap their barge full of critical equipment for another month.
Nov 13, 8:00 pm
(60 minutes)
Remind Me
Alaska: The Last Frontier (Season 2)
Something’s Fishy
TV-14 (L), CC
Summer half over, the Kilchers head out fishing, but it’s not for fun...at least not entirely. They need 100s of pounds of fish to eat and barter with during winter. Each couple has their own time-proven technique for catching salmon, halibut and trout.
Nov 13, 9:00 pm
(60 minutes)
Remind Me
Alaska: The Last Frontier (Season 2)
Legend of “Terrible Island”
TV-14 (L)
Atz Lee and Eivin travel 160 miles and brave the bears of “Terrible Island” to hunt deer. Otto refuses to admit defeat and will use all the blackpowder he has to remove a pesky stump blocking his progress. Eve helps Charlotte solve a swarming bee problem.
Nov 13, 11:00 pm
(60 minutes)
Remind Me
Alaska: The Last Frontier (Season 2)
Legend of “Terrible Island”
TV-14 (L)
Atz Lee and Eivin travel 160 miles and brave the bears of “Terrible Island” to hunt deer. Otto refuses to admit defeat and will use all the blackpowder he has to remove a pesky stump blocking his progress. Eve helps Charlotte solve a swarming bee problem.
Nov 14, 1:00 am
(60 minutes)
Remind Me
Alaska: The Last Frontier (Season 2)
Something’s Fishy
TV-14 (L), CC
Summer half over, the Kilchers head out fishing, but it’s not for fun...at least not entirely. They need 100s of pounds of fish to eat and barter with during winter. Each couple has their own time-proven technique for catching salmon, halibut and trout.
http://dsc.discovery.com/tv-schedules/series.html?paid=1.15451.26328.40892.x
Mass Layoffs Have Spiked In The Last Two Months
Mike “Mish” Shedlock, Global Economic Trend Analysis | Oct. 25, 2012, 2:35 PM | 2,446 | 13
Mike “Mish” Shedlock Mish is an investment advisor at Sitka Pacific Capital. He writes the widely read Mish’s Global Economic Trend Analysis.
In precisely the kind of news president Obama does not want heading into the election, Ford (F), Dow Chemical (DOW), DuPont (DD), and Advanced Micro Devices (AMD) all announced mass layoffs this past week as Firings Reach Highest Since 2010.
North American companies have announced plans to eliminate 62,600 positions at home and abroad since Sept. 1, the biggest two-month drop since the start of 2010, according to data compiled by Bloomberg. Firings total 158,100 so far this year, more than the 129,000 job cuts in the same period in 2011.
Companies are saying, ‘Let’s not build up inventories, let’s be lean and mean until we know until we have a better idea of what 2013 is going to look like,’” said Janna Sampson, who helps manage more than $3 billion for Oakbrook Investments in Lisle, Illinois. “There is a fear now as companies see that the economic recovery is not picking up.”
So far, out of 204 S&P 500 companies that have released third-quarter earnings, 120 have reported sales that trailed analysts’ estimates, according to data compiled by Bloomberg.
More Cuts
Those results, similar to the S&P 500’s second-quarter performance, signal employers may increase firings over the next two quarters, according to John Challenger, chief executive officer of Challenger, Gray & Christmas Inc., a human resources consulting firm based in Chicago.
Sales misses are “a sure prescription for layoffs starting to heat up as companies take immediate action to show their shareholders how responsive they are,” Challenger said yesterday by telephone.
Posted on Wed, Nov. 07, 2012
Hawker Beechcraft plans to cut about 410 jobs
By Molly McMillin
The Wichita Eagle
Hawker Beechcraft plans to cut about 410 jobs in four locations, including dozens of jobs in Wichita, the company told employees in a letter Wednesday.
The company has begun the process of closing three Hawker Beechcraft Services facilities – in Little Rock, San Antonio and Mesa, Ariz. – as it plans to emerge from Chapter 11 bankruptcy as a smaller, stand-alone company called Beechcraft Corp., the letter said.
The closures will affect about 240 employees at the facilities.
In addition, it will cut about 170 jobs in Wichita and at its Little Rock Completions Center, where the company is completing the final Hawker Beechcraft jets for customer delivery.
More than half of the 170 job cuts will be at the completions center, the company said.
It did not give a specific number for cuts in Wichita.
About 15 or fewer of the layoffs will be in its hourly work force ranks, the letter said.
“The company already has taken a series of steps during 2012 to match its hourly employee levels to adjusted production rates,” the letter said.
So far this year, Hawker Beechcraft has issued layoff notices to 1,021 Wichita employees, according to the KansasWorks website.
Those to be laid off in this most recent round in Wichita will be given 60-day notices on Friday, the letter said.
Read more here: http://www.kansas.com/2012/11/07/v-print/2560103/hawker-beechcraft-plans-to-cut.html#storylink=cpy
Illinois Manufacturer Moves to South Bend
Posted on September 27, 2012 by adam
RACO, a division of Hubbell plans to relocate its distribution center from South Holland, Ill. to South Bend, creating up to 77 new jobs by 2015.
The steel electrical junction box manufacturer, which has offices spanning North America, Europe and Asia, plans to invest $1.5 million to lease, renovate and equip 100,000 square feet of space in the Ameriplex complex approximately eight miles north of its 300,000-square-foot headquarters. The facility, which is expected to open its doors in spring of 2013, will serve as the company’s primary warehouse for all products sold nationally and internationally.
http://buildingindianablog.com/2012/09/27/illinois-manufacturer-moves-to-south-bend/
Unions Ramp Up in Wake of Obama Victory
Thursday, 08 Nov 2012 12:01 PM
By Stephen Feller
Calling President Barack Obama’s re-election a victory for “working class people,” energized unions are ramping up nationwide campaigns in an effort to win greater support for the president’s heavily pro-union political agenda over the next four years.
And that means business owners will have to put strikes, sitdowns and other union tactics on their list of worries along with higher taxes.
Unions found that many Obama proposals were looked on positively in exit polls from Tuesday’s election. They were especially emboldened by a successful $75 million-effort that defeated Proposition 32 on Tuesday’s California ballot.
That measure would have starved unions of the tens of millions of dollars in mandatory dues they use to finance campaigns and political organizing. Across the country, government workers have been facing political pressure to roll back pension and retiree health care benefits that in many cases are much more generous than those received by their private-sector counterparts and are straining state and municipal budgets.
Indiana Gov. Mitch Daniels signed a right-to-work law in February banning unions from collecting mandatory fees for representation, and labor suffered a defeat in Wisconsin earlier this year when Republican Gov. Scott Walker defeated a recall challenge following his push to limit collective bargaining rights for most public workers.
Read Latest Breaking News from Newsmax.com: http://www.newsmax.com/Newsfront/unions-obama-california-healthcare/2012/11/08/id/463362#ixzz2Bg8bTZS1
Follow us: @newsmax_media on Twitter | newsmax on Facebook
Alert: At Risk For A Heart Attack? Find Out Now.
Yes, this state went for Obama. However, our governor and both houses of legislature are republican.
most of our semi-liquid capitol has been offshore for a few years. Our properties are LLC owned, and we are unsure what to do with those at this point.
If we expatriate we take a hit on taxes one time, on income and assets currently held, but we have been advised on ways around this.
Giving up US Citizenship used to sound bad, but heck, maybe now I can come back with my grand kids and they’ll get free everything if they are here illegally.
It makes no sense anymore to play by the rules. It is apparent that the powers that be are laughing at those who try to.
Yep — we are definitely reaping the whirlwind.
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