Budget cuts may be amplifying recession in Hawaii
State spending cuts significantly have worsened the effects of the global economic downturn in the Islands, according to several Hawai'i economists who spoke to more than 150 advocates, lawmakers and others at the state Capitol yesterday.
Their recommendation: (Like you didn't see this coming) RAISE TAXES!
My letter to Honolulu Advertiser:
Our economy is like a boat with ten holes in the bottom, and only five corks. Every budget cut, every tax increase, simply yanks a cork from one hole and pounds it into another (in full view of the press cameras) while the politicians announce, “We are dealing with the problem (really!).”
Hawaii has lost its tourism, the source of NEW corks coming into the state, and the TSA is the criminal enterprise responsible for destroying our economy.
We have no money for schools, no money to create new industries to bring high-paying manufacturing jobs back to our land. The US Federal Government, the same Federal Government that ADMITS stealing Hawaii in the first place, showers our tax dollars over Wall Street, taking trillions of dollars from We The People to give to the bankers to loan back to the people at interest. The bankers instead put the money into their own pockets as record-setting bonuses. The robbery of the people has been on such a scale that there literally is not enough currency left in circulation for anyone’s economy to function.
The blame for our present circumstance lies not within our shores, and it is time to recognize that reality.




TORTURE SCANDAL





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