Sunday, June 03, 2007

Open forum 6/4

I watched a bit of the Democratic debate tonight. I think the candidate I liked the most was former Alaska Senator, Mike Gravel. He was the only candidate I heard mention the

$50,000,000,000,000
in unfunded liabilities that America is now facing. Go Gravel!

I took a peak at an old town audit. It included a number... the "unreserved general fund balance" as of June 30, 2005. The number was $5,049,348. And I think this year's fund balance is supposed to be about $7.8-7.9million. So if my memory serves me, the town's fund balance increased by nearly three million bucks... in two years, not three or four years. Now I'm really scratching my head wondering about the benefits for the cost.

Elizabeth Esty's 1st district bike tour was supposed to happen today. I didn't go, so I can't offer any details. Did any bloggers go?

CNN will be hosting the next Republican debate... this Tuesday in New Hampshire. Anyone want to drive up with me? I'm not certain that I would want to go... but if somebody wanted to go, I'd definitely consider doing it.... I could hold a sign for my candidate... Ron Paul! ... And in other presidential updates... Jim Gilmore and Newt are the only two campaigns that seem to be interested in the blogosphere. At least I get updates from them... not from anyone else... although that may relate to spam filters.... I don't really know.

BOE should be just about done with business for the summer. The next Council meeting is next week, although Personnel meets this week. And there's a Council meeting next week on the Town Manager's goals/objectives/annual review (as I recently mentioned, I've got some concerns). P&Z probably meets again next Monday (will they be discussing the northend?). Anything else interesting happening?

Tim White
Town Council, 4th District

12 comments:

Anonymous said...

I would vote for the turf-imagine all the use it would get-thousands of citizens would use it all mostly from Cheshire-it would save money and would be a great asset to the town-windmills are ok but where did you plan to put them withoutt the Nimby coming into play?

Anonymous said...

The solution is not to utilize windmills. The utilities actually have a rebate system for installing solar panels. Furthermore, depending on the size, if you have extra power, you can send it into the local system and the utility will pay for that also.

Anonymous said...

Congressman Ron Paul will be a guest on "The Daily Show with Jon Stewart" tonight at 11:00 pm ET.

http://www.ronpaul2008.typepad.com

Tim White said...

FL... thanks for the head's up.

Anonymous said...

There was a great article in Sundays Hartford Courant(6/3/07) regarding solar power. It gave 3 or 4 families as examples of their using solar power for hot water and electricity. They gave many web sites to visit for information on rebates etc. GO SOLAR POWER.

Tim White said...

solar is one option for diversifying our energy portfolio.

Neither solar, nor wind, nor nuclear nor anything else (of which I know) is perfect.

Is solar worthwhile if you have to cut down a bunch of trees to get the valuable sunlight?

And windmills are probably more productive in the treeless, windswept valleys of Nevada... than in CT.

I don't think there are any quick fixes to our energy problems. But diversifying our portfolio is a step in the right direction.

Anonymous said...

As China approaches the consumption levels of the energy eating USA have you noticed their most recent comments? Leave us out of the energy, global warming discussions, we're a developing nation and we just want to grow.

You think we are doing a bad job. They waste tons of energy and burn dirty high carbon coal. Their appetite for industry is consuming so much farmland their ability to feed its population is in serious question. Have you ever noticed how irritable you get when you are hungry? At least they will have plenty of plastic forks and paper plates.

They will catch on but the days of cheap gas and oil are gone as we compete with this growing monster. And keep the surplus corn crop in American silos for export to China.

Anonymous said...

With well over $50 Trillion in obligations and Trillions more in actual current debt, the U.S. dollar is fundamentally overvalued. Go long on gold. Seriously.

Anonymous said...

As long as we use toilet paper we will be using paper money. Why do you think the world bank is in Washington DC?

Anonymous said...

don;t worry about the dollar, if we have $50T in unfunded future liaiblities the Euros must have close to $100T.. and a much older population when the boomers quit .and the Euro is valued more than the dollar right now.....

Think the cover of Led Zeppellin I

Anonymous said...

913,
All you're saying is that the Euro may take an even steeper dive than the dollar, not that the dollar is fundamentally sound.

Indeed, all Western currencies with high debt/obligation liabilities are vulnerable to hyperinflation longterm. (The Swiss franc is a notable exception with low debt and some gold underpinnings). Under these circumstances, it's entirely possible the Chinese yuan may become the world's favored currency in my lifetime.

If you expect to live 20 or more years, you're well advised to do some hedging with gold or other natural resource based commodity which can withstand hyperinflation.

Anonymous said...

china????...their one child policy will mean their pension system will implode even bigger than ours, just a decade or two later