Recent Polls?

Above from:  http://news.yahoo.com/elections/polls/

Koch Industries, other CEOs warn employees of layoffs if Obama is reelected | The Ticket - Yahoo! News

Is this right?  Is this the American way?

Koch Industries, the Wichita, Kan.-based company run by the billionaire Koch brothers, sent a voter information packet to 45,000 employees of its Georgia Pacific subsidiary earlier this month.

In it was a letter, dated Oct. 1, from Koch Industries president Dave Robertson implicitly warning that "many of our more than 50,000 U.S. employees and contractors may suffer the consequences" of voting for President Obama and other Democrats in the 2012 elections, a list of conservative candidates the company's political action committee endorses and a pair of editorials: one, by David Koch, supporting Mitt Romney, and the other, by Charles Koch, condemning Obama.

Click on the following for more details:  Koch Industries, other CEOs warn employees of layoffs if Obama is reelected | The Ticket - Yahoo! News

Daily Kos: UPDATE: Even More on Bain Moving Sensata to China

 

UPDATE: Even More on Bain Moving Sensata to China

by ZwoofFollow

 

17

53

permalink
171 Comments / 171 New

Here is more info on Romney/Bain moving Sensata factory to China.

But first, watch this 10 second video.

And then watch the video below the fold...

•    Romney makes $450,000 per week from his blind trust.
•    Bain is closing a factory and shipping equipment and jobs to China
•    The US government has paid $780,000 retraining fired Sensata workers.
•    Bain can deduct the expense of moving to China from US taxes.
•    US workers at the Sensata factory have to train their Chinese replacements.
•    Romney owns about $8 million worth of Bain funds that hold 51 percent of Sensata’s shares.

•    These are high-tech, well paid jobs performed by skilled American workers.
•    Workers in the Sensata factory in China make 99 cents an hour.
•    Chinese laborers work 12 hour shifts, 7 days per week.
•    Chinese workers are housed 2 to 3 to a room in barracks
•    The American workers set records for profits for Sensata

UPDATE
How Mitt Romney will benefit from closing Sesnata.

As mentioned in the bullet-points above, Bain/Romney will receive tax deductions after closing the factory in Freeport. Huffington Post takes a closer look at the tax benefits for Romney.

•    Romney transferred $701,703 worth of Sensata stock to the Tyler Charitable Foundation, a 501(c)3 tax-exempt nonprofit controlled by Romney.
•    Moving the stock to his nonprofit brings Romney twin benefits. First, he gets to deduct the full value of the stock. At a 35 percent tax rate, that's nearly a $250,000 benefit. At 15 percent, it's just over $100,000.
•    Romney is able to avoid paying capital gains taxes on the stock price increase. Romney's returns list no cost for the stock, and indicate he obtained them as part of a partnership interest in Bain. Avoiding capital gains taxes on the full increase would save an additional $100,000.
•    In 2010, Romney gifted $170,000 worth of Sensata stock to his charity, saving $25,000 in capital gains taxes that year.

Originally posted to Z. Woof on Sat Oct 13, 2012 at 08:40 AM PDT.

Also republished by The Bain Files.

Click on the following for more details:  Daily Kos: UPDATE: Even More on Bain Moving Sensata to China

Bonus Township Taxes: Rates up markedly; your actual tax dependent upon your change in assessment

The following is from Saturday, October 13, 2012 Rockford Register Star, page A4.

Property values are down; levies up slightly; rates drastically increasing.  Your actual tax dollar paid for township should be closed to the same as last year assuming your assessed valuation has decreased at least as much as the 13.3% decrease in total EAV.

If your assessment is frozen (as many seniors with moderate income,under $55,000) expect sizeable increases in dollars paid for taxes.

Farm Subsidies and the Minimium Wage

There were many comments on a Rockford Register Star Guest Column by Don Ellingson (http://www.rrstar.com/opinions/whatyouresaying/x1711843888/Guest-Column-Minimum-wage-has-had-a-negative-impact-on-U-S).  Mr. Ellingson is opposed to minimum wages he views such laws as a drag on the economy and recovery. 

One interesting comment on the RRStar’s website concerned farm subsidies.  Were they not the same thing as minimum wage? Did Mr. Ellingson receive any such subsidies?

I researched a bit and found these interesting statistics and facts.

First, Don and Terry Ellingson are in business together.  As noted from: 

http://illinoisholsteins.com/index_eg.html

Ellingson, Don and Terry
Ellingson’s White Hill Farm
4996 Ellingson Rd
Poplar Grove, IL 61065
Phone: Don (815) 765-2189
Terry (815) 765-3159

And then Terri Ellingson is one of the largest recipients of farm subsidies in the county.  As shown below Terry Ellingson is #26 largest recipient of farm subsidies in Boone County, $284,304.46 for period 1995-2011.  See highlighted item in yellow.

Statistics taken from: 

http://farm.ewg.org/search.php?fips=17007&regionname=BooneCounty,Illinois

Federal Farm Subsidies to Boone County Illinois 1995-2011

Subsidy Recipients 1 to 30 of 163 in zipcode 61065
Recipients in this zipcode received $21,484,334 from 1995-2006

Rank
Name
Location
Subsidy Total
1995-2011

1
Richard A Britton
Poplar Grove, IL 61065
$ 1,508,357.47

2
Patrick Morris
Poplar Grove, IL 61065
$ 1,153,328.28

3
Charles Morris
Poplar Grove, IL 61065
$ 1,016,767.65

4
James R Johnson
Poplar Grove, IL 61065
$ 944,600.00

5
Frank Bullard
Poplar Grove, IL 61065
$ 942,298.19

6
Shari L Morris
Poplar Grove, IL 61065
$ 939,863.29

7
Britton Farms Inc
Poplar Grove, IL 61065
$ 939,630.53

8
Joie Morris
Poplar Grove, IL 61065
$ 934,624.76

9
Doetch Farms
Poplar Grove, IL 61065
$ 925,136.71

10
Raymond N Morse
Poplar Grove, IL 61065
$ 874,531.11

11
David T Bullard
Poplar Grove, IL 61065
$ 821,357.60

12
Stanley Hullah
Poplar Grove, IL 61065
$ 808,892.88

13
Kay F Bullard
Poplar Grove, IL 61065
$ 727,892.34

14
Harris Farm Oaklawn Ltd
Poplar Grove, IL 61065
$ 668,030.91

15
Thad Johnson
Poplar Grove, IL 61065
$ 646,079.24

16
Terri L Bullard
Poplar Grove, IL 61065
$ 435,559.92

17
Michael W Meier
Poplar Grove, IL 61065
$ 409,974.11

18
Dale Worley
Poplar Grove, IL 61065
$ 407,584.34

19
Prairie View Grain Farms LLC
Poplar Grove, IL 61065
$ 407,389.67

20
Gordon Kasper Est
Poplar Grove, IL 61065
$ 387,788.47

21
Gail Worley
Poplar Grove, IL 61065
$ 344,592.24

22
Roy Stohlquist
Poplar Grove, IL 61065
$ 334,421.04

23
John Pepper
Poplar Grove, IL 61065
$ 333,646.36

24
Daryl J Stohlquist
Poplar Grove, IL 61065
$ 329,198.97

25
Scott Mueller
Poplar Grove, IL 61065
$ 313,089.06

26
Terry W Ellingson
Poplar Grove, IL 61065
$ 284,304.46

27
Donald Bottcher
Poplar Grove, IL 61065
$ 246,601.82

28
Robert Harold Goeddeke
Poplar Grove, IL 61065
$ 232,679.08

29
Brian L Crull
Poplar Grove, IL 61065
$ 226,336.05

30
Bruce Stennerson
Poplar Grove, IL 61065
$ 205,687.47

Rank
Name
Location
Subsidy Total
1995-2011

1
Terry W Ellingson
Poplar Grove, IL 61065
$ 284,304.46

2
Kris Ellingson
Geneva, IL 60134
$ 2,011.00

3
R J Ellingson
Poplar Grove, IL 61065
$ 409.20

4
John Ellingson
Poplar Grove, IL 61065
$ 252.00

5
Patricia A Ellingson
Mt Zion, IL 62549
Farm Owner

Below is taken from:http://farm.ewg.org/regionsummary.php?fips=17007

CLICK ON THE PHOTOCOPY TO ENLARGE:

 

Top Twenty Recipient
(* ownership information available)
Location
Subtotal, Farming Subsidies
2011

1
Mark D Priest
Capron, IL 61012
$35,876

2
Lisa L Priest
Capron, IL 61012
$35,876

3
John W Brockmann
Belvidere, IL 61008
$33,629

4
Doetch Farms ∗
Poplar Grove, IL 61065
$32,909

5
Larry D Fowler
Belvidere, IL 61008
$31,262

6
Britton Farms Inc ∗
Poplar Grove, IL 61065
$28,717

7
Roger H Miller
Belvidere, IL 61008
$28,644

8
James R Johnson
Poplar Grove, IL 61065
$28,613

9
Donald Fowler
Belvidere, IL 61008
$27,931

10
Robert Petersen
Belvidere, IL 61008
$27,616

11
Scott Mueller
Poplar Grove, IL 61065
$27,381

12
Michael A Frank
Cherry Valley, IL 61016
$25,884

13
Kenneth Book
Harvard, IL 60033
$25,585

14
Michael Book
Woodstock, IL 60098
$25,585

15
Stanley Hullah
Poplar Grove, IL 61065
$25,572

16
Cheryl Lindberg
Caledonia, IL 61011
$25,476

17
Frank Bullard
Poplar Grove, IL 61065
$25,296

18
Kay F Bullard
Poplar Grove, IL 61065
$25,296

19
Curt A Bottcher
Capron, IL 61012
$24,650

20
Chad Osterberg
Roscoe, IL 61073
$24,125

Rank
Recipient
(* ownership information available)
Location
Subtotal, Farming Subsidies
2010

1
Joie Morris
Poplar Grove, IL 61065
$62,972

2
Patrick Morris
Poplar Grove, IL 61065
$62,972

3
Shari L Morris
Poplar Grove, IL 61065
$62,972

4
Charles Morris
Poplar Grove, IL 61065
$62,777

5
Warren A Kelm
Genoa, IL 60135
$41,639

6
Gina R Kelm
Genoa, IL 60135
$41,639

7
Frank Bullard
Poplar Grove, IL 61065
$41,261

8
Kay F Bullard
Poplar Grove, IL 61065
$41,261

9
Curt A Bottcher
Capron, IL 61012
$35,215

10
Mark D Priest
Capron, IL 61012
$35,208

11
Lisa L Priest
Capron, IL 61012
$35,208

12
James Marrs
Garden Prairie, IL 61038
$34,639

13
John W Brockmann
Belvidere, IL 61008
$34,604

14
Britton Farms Inc ∗
Poplar Grove, IL 61065
$32,077

15
James R Johnson
Poplar Grove, IL 61065
$32,037

16
Paul Buzzell
Belvidere, IL 61008
$31,416

17
Doetch Farms ∗
Poplar Grove, IL 61065
$31,277

18
Larry D Fowler
Belvidere, IL 61008
$31,262

19
Hildebrandt Farms ∗
South Beloit, IL 61080
$31,166

20
Jeff A Lane
Kirkland, IL 60146
$30,968

Rank
Recipient
(* ownership information available)
Location
Subtotal, Farming Subsidies
2009

1
Hildebrandt Farms ∗
South Beloit, IL 61080
$92,852

2
James R Johnson
Poplar Grove, IL 61065
$65,584

3
Manni Farms ∗
Poplar Grove, IL 61065
$52,584

4
Family Af-ayr Farm LLC
Caledonia, IL 61011
$38,644

5
Todd Aves
Belvidere, IL 61008
$37,933

6
Mark D Priest
Capron, IL 61012
$35,208

7
Lisa L Priest
Capron, IL 61012
$35,208

8
Britton Farms Inc ∗
Poplar Grove, IL 61065
$33,356

9
Scott Mueller
Poplar Grove, IL 61065
$33,075

10
John W Brockmann
Belvidere, IL 61008
$32,650

11
Doetch Farms ∗
Poplar Grove, IL 61065
$31,338

12
Larry D Fowler
Belvidere, IL 61008
$31,262

13
Brian L Crull
Poplar Grove, IL 61065
$28,893

14
Roger H Miller
Belvidere, IL 61008
$28,644

15
Donald Fowler
Belvidere, IL 61008
$27,931

16
Raymond Wennmacher
Belvidere, IL 61008
$27,929

17
Dennis Gene Luckey
Caledonia, IL 61011
$27,866

18
Brent R Mueller
Garden Prairie, IL 61038
$26,060

19
Stanley Hullah
Poplar Grove, IL 61065
$25,572

20
Paul Donley Jr
Capron, IL 61012
$25,531

Rank
Recipient
(* ownership information available)
Location
Subtotal, Farming Subsidies
1995-2011

1
Roger & Connie Osterberg ∗
Belvidere, IL 61008
$1,108,106

2
Larry D Fowler
Belvidere, IL 61008
$979,310

3
Mark D Priest
Capron, IL 61012
$968,526

4
Britton Farms Inc ∗
Poplar Grove, IL 61065
$934,332

5
John W Brockmann
Belvidere, IL 61008
$907,983

6
Larry R Anderson
Belvidere, IL 61008
$875,459

7
Doetch Farms ∗
Poplar Grove, IL 61065
$861,123

8
Karlson Farms ∗
Belvidere, IL 61008
$841,809

9
Donald Fowler
Belvidere, IL 61008
$836,503

10
Roger H Miller
Belvidere, IL 61008
$815,866

11
Richard A Britton
Poplar Grove, IL 61065
$813,303

12
Raymond N Morse
Poplar Grove, IL 61065
$772,156

13
Lisa L Priest
Capron, IL 61012
$764,589

14
James R Johnson
Poplar Grove, IL 61065
$743,802

15
Richard Judson Daniels
Belvidere, IL 61008
$712,798

16
Stanley Hullah
Poplar Grove, IL 61065
$702,740

17
Michael A Frank
Cherry Valley, IL 61016
$694,760

18
Donald Lindberg
Caledonia, IL 61011
$691,437

19
Frank Bullard
Poplar Grove, IL 61065
$683,686

20
Kay F Bullard
Poplar Grove, IL 61065
$678,573

Chrysler back in talks with UAW local on new contract - Rockford, IL - Rockford Register Star

 

The contract between Local 1268 and Chrysler expired Sept. 15, 2011. UAW 1268 President George Welitschinsky said talks had broken down with Chrysler but have restarted and the sides are meeting daily.

Click on the following to read the rest of the story: Chrysler back in talks with UAW local on new contract - Rockford, IL - Rockford Register Star

Belvidere Township Meeting Today, October 9 at 5:00

AGENDA

BELVIDERE TOWNSHIP

REGULAR MEETING OF THE TOWNSHIP BOARD

8200 Fairgrounds Road

October 9, 2012 – 5:00 P.M.

I. Call to Order/Roll Call

II. Pledge of Allegiance

III. Public Input

IV. Discussion and potential action on approval of Prior Meeting’s Minutes

V. Discussion and potential action on Transfers

VI. Reports

a. Supervisor’s Report

b. Highway Commissioner’s Report

c. Assessor’s Report

d. Clerk’s Report

e. Trustee’s Report

VII. Unfinished Business – Discussion and Potential Action May Occur on the following items:

a. Orth Road Contract

b. A Resolution Setting the Compensation of the Elected Officials of the Township of Belvidere for the Term Beginning on May 20, 2013

c.

VIII. Legal

a.

b.

IX. New Business

a.

b.

X. Discussion and Potential Action on Treasurer’s Report and Approval of Bills

XI. Closed Session

XII. Action on Closed Session Items

XIII. Adjournment

Next Meeting: October 23, 2012 @ 5:00 P.M.