Friday, June 20, 2014

IT IS ALL BECOMING CLEARER NOW



I changed the batteries in my crystal ball this afternoon and it is all becoming clearer now.

Between the Rock Cats deal and other financial messes, it makes you question the people that are forming the fiscal policy on the Government level for us little people. Now I know Mayor Segarra and some of his "Cabinet" have had their share of appearances in Federal Court for their bankruptcy appearances .That kind of makes me question their suitability to oversee a half a billion dollar a year budget. But I guess we already know how that is working out.

Now it appears that Zach Jankowski at the Yankee Institute (link to his site is in the right hand column) has developed some information that might explain why the finances for the State of Connecticut are always in trouble. It seems that Hartford Senator John Fonfara might need to get some remedial training in the Finance area.

Hartford Democratic Sen. John Fonfara, is chairman of the legislature’s finance, revenue and bonding committee which handles state tax policy. The IRS has a $50,406.93 tax lien against the Hartford home of Democratic Sen. John Fonfara  Uh-oh. And he is guiding the course of the State's financial policy?It might just be time for his colleagues in the Senate to ask him to step aside and let someone competent chair such an important committee.

Fonfara previously chaired the Energy and Utility committee in the Senate, which might explain why we pay some of the highest Utility rates in the United States here in Connecticut

It is unclear why the IRS hasn't moved to attach Fonfara's $42,000 annual salary as a Senator.


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