When I read this from a article on Crooks and Liars this morning, I thought that it certainly rang true for a race going on here in Wisconsin. Sen. Russ Feingold is being challenged by "richer than God" businessman Ron Johnson. His business dealings are what he is thumping about and saying that because he is an accountant he is qualified to create jobs. Maybe, maybe not, but he has been able to do that by the help of the govt. giving him subsidies that he is also thumping about as something he is against......
This opinion, that business people do not necessarily make great elected officials, aka. George Bush, was taken from comments about the California Gov. race.
Meg. Whitman:
*Earned approximately $1.78 million resulting from a practice known as "spinning" whereby executives who did business with Goldman Sachs could reap profits by getting early deals before the public did on hot IPOs offered by the bank.
*Wants tax cuts, but only for the rich in her bracket, potentially cutting her own tax bite in half. Favors eliminating the tax on Capital Gains.
*Wants to cut 40,000 state government jobs. Are you aware that California ranked 48th out of the 50 states with respect to the number of state employees per 10,000 residents?
http://www.sacbee.com/static/weblogs/the_state_worker/#ixzz0lOivfKreJerry Brown:
*When Proposition 13 passed, he heavily cut state spending and used much of the surplus his government had built up, roughly $5 billion, to meet the proposition's requirements and help offset the revenue losses. His actions in response to the proposition earned him praise from Proposition 13 author Howard Jarvis who went so far as to campaign for Brown's successful reelection bid in 1978.
*While Governor, Jerry Brown reduced Californian's tax burden by more than $16 Billion. He indexed the personal income tax, eliminated the business inventory tax.
*Brown appointed more women and minorities to office than any other previous California governor.
*Declined to defend Proposition 8.
*Instituted an innovative solar credit program in California.
http://crooksandliars.com/ under the Blue Heron Blast Handicaps Gov. race. article
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