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December 15, 2017

OP-ED | State’s Congressional Delegation Got It Right on #NetNeutrality

by Terry Cowgill | Dec 15, 2017 5:29am
Posted to: Analysis | Business | Congress | Consumer Protection | Corporate Watch | Equality | Opinion | Technology sector

schistra via shutterstock
Well, yesterday the chairman of the Federal Communications Commission gave us all an early stocking-stuffer. Connecticut residents and Internet users across the country are the recipients of an unwanted gift: new rules that will lift restrictions on the ability of Internet service providers to execute a pay-to-play model for content creators.

The end of the so-called net neutrality rules that have been the order of the day since 2015 when the administration of President Barack Obama put them in place would likely mean, as aptly described by the tech site Inverse, that “service providers like Comcast, Time Warner, and Verizon could give huge tech company customers like Google, Amazon, Netflix, and Hulu access to priority ‘fast lanes,’ which would leave smaller companies at a disadvantage if they can’t afford to pay ISPs for that access.”

Continue reading "OP-ED | State’s Congressional Delegation Got It Right on #NetNeutrality" »

December 11, 2017

DC NEWS JUNKIE | GOP Seeks Tax Cut Deal; Himes Presses for Trump Jr. Subpoena; Senators Split

by Peter Urban | Dec 11, 2017 12:30pm
Posted to: Business | US Foreign Policy | Congress | DC News Junkie | Election 2017 | Ethics | Federal Budget | White House

Orhan Cam via Shutterstock House and Senate Republican leaders are looking to quickly reach consensus on an overhaul of tax policy this week in hopes of sending a final bill to President Donald Trump before year’s end.

Both chambers have approved separate tax measures and must now negotiate a final bill that would be brought before the House and Senate — without amendment — for a final up-or-down vote.

Continue reading "DC NEWS JUNKIE | GOP Seeks Tax Cut Deal; Himes Presses for Trump Jr. Subpoena; Senators Split" »

December 6, 2017

DC NEWS JUNKIE |  Concealed Carry Bill Approved by House over Connecticut Objections

by Peter Urban | Dec 6, 2017 5:59pm
Posted to: Business | Civil Liberties | Congress | DC News Junkie | Law Enforcement | Public Health | Public Safety

Peter Urban / DC News Junkie
Nearly five years after 20 children and six educators were killed by a gunman at Sandy Hook Elementary School in Newtown, the House approved legislation that opponents say would undermine Connecticut’s gun safety laws.

The Concealed Carry Reciprocity Act, which was approved 231 to 198 largely along party lines, would allow gun owners with a concealed carry permit to travel across state lines with their weapons even if a state has stricter permit requirements. Current law allows states to determine which non-state concealed carry permits it will honor.

Continue reading "DC NEWS JUNKIE |  Concealed Carry Bill Approved by House over Connecticut Objections" »

December 5, 2017

Blumenthal Cites Loss of Deduction for Crumbling Foundations: ‘This Hits Connecticut Harder’

by Jack Kramer | Dec 5, 2017 11:30am
Posted to: Business | Real Estate | Congress | DC News Junkie | Federal Budget | Town News | Taxes | White House

Jack Kramer / CTNewsJunkie
HARTFORD — U.S. Sen. Richard Blumenthal on Monday said Connecticut has more to lose than some other states if the Republican-backed federal tax plan is signed into law, because a tax write-off is about to be eliminated for thousands of Connecticut homeowners with crumbling foundations.

“This hits Connecticut harder,” Blumenthal said Monday at a press conference at the Legislative Office Building, where he discussed how the Senate and House Republican proposals to overhaul federal tax policy would eliminate the tax deduction for property casualty losses except those stemming from federally declared disasters.

Continue reading "Blumenthal Cites Loss of Deduction for Crumbling Foundations: ‘This Hits Connecticut Harder’" »

December 1, 2017

OP-ED | For Sale: Old Building Full of Ghosts

by Susan Bigelow | Dec 1, 2017 10:00am
Posted to: Analysis | Business | Real Estate | Economic Development | Opinion | Hartford

susan bigelow / ctnewsjunkie
This week the state Bond Commission voted to borrow $40 million for upgrades to the XL Center, in the hopes of tricking some poor sap into buying it. Good luck with that.

The newly passed state budget authorized the cost of the upgrades and the purchase of the nearby atrium and retail space, all in an effort to make the building attractive enough to investors to sell it by 2019. I haven’t found any evidence of private investors going around buying up aging arenas, but maybe the people who came up with the budget know something I don’t. Who can say?

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OP-ED | On Crumbling Foundations, Connecticut Shows a Bipartisan Streak

by Terry Cowgill | Dec 1, 2017 5:30am
Posted to: Analysis | Business | Real Estate | Congress | Consumer Protection | The Economy | Town News | Opinion | State Budget | White House

doug hardy / ctnewsjunkie with shutterstock artwork
If there’s any better proof that safety in numbers can bring people together, then I don’t know where it is. Last year we learned that anywhere from hundreds to perhaps tens of thousands of homeowners — most of them in northern and eastern Connecticut — have the misfortune of owning homes whose foundations are crumbling.

As of almost a year ago, more than 500 homeowners had complained to the state Department of Consumer Protection, though the General Assembly’s nonpartisan Office of Fiscal Analysis thinks the number of homes at risk could be anywhere between 20,000 and 30,000. And the cost of replacing a foundation — involving as it does the lifting of the house and the demolition of the old foundation — can run $200,000 or more.

Continue reading "OP-ED | On Crumbling Foundations, Connecticut Shows a Bipartisan Streak" »

November 27, 2017

Malloy Touts Investment In Arkansas-Based Company

by Christine Stuart | Nov 27, 2017 3:10pm
Posted to: Business | The Economy | Health Care | Manufacturing | Windsor

Christine Stuart / ctnewsjunkie WINDSOR, CT — Arkansas-based SCA Pharmaceuticals opened its new location in Windsor last week and Gov. Dannel P. Malloy and U.S. Sen. Richard Blumenthal visited the facility Monday to help cut the ribbon and make it official.

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Wall Street Watches As Budget Gaps Continue To Pop Up

by Christine Stuart | Nov 27, 2017 5:30am
Posted to: Business | Economic Development | Workforce Development | The Economy | State Budget

Courtesy of Moody's HARTFORD, CT — At least one Wall Street rating agency is worried about Connecticut’s newly projected revenue shortfall.

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November 24, 2017

OP-ED | The Men We Can Take Down, and the Men We Can’t

by Susan Bigelow | Nov 24, 2017 10:00am
Posted to: Analysis | Business | Equality | Legal | Opinion

ra2studio via shutterstock
The President of the United States, who once famously admitted sexually harassing and groping women on a hot mic, is defending a Republican senate candidate who once got banned from a mall for creeping on teen girls. There was a time when that would have been the end of both of them. Here, though, it’s just another day.

The nauseating sexual abuses of powerful men are having a moment in the sun. Harvey Weinstein, Louis C.K., Charlie Rose, and even Al Franken, for God’s sake, are either down, falling, or teetering precariously on the edge thanks to women finally coming forward and revealing the things that these sorts of guys always thought they’d get away with.

In the past year, something changed. It reminds me of the moment in 2015 when the Confederate flag suddenly went, in the eyes of a lot of clueless white people anyway, from being an annoying but harmless symbol of rednecks to being straight up the flag of the KKK and the committed racists. It took the blood of innocent black churchgoers in Charleston for all these so-called decent people to finally have had enough of that flag. Down it came from the statehouse, from the monuments, and from the truck windows of all those white boys in the high school parking lot.

Continue reading "OP-ED | The Men We Can Take Down, and the Men We Can’t" »

November 21, 2017

Business Owners Report Mixed Outlook

by Christine Stuart | Nov 21, 2017 11:10am
Posted to: Business | Economic Development | Workforce Development | The Economy | Manufacturing Sector

ctnewsjunkie file photo HARTFORD, CT — Connecticut businesses are reporting a mixed outlook for their firms, according to a survey released Monday by the Connecticut Business & Industry Association.

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