Braley introduces legislation implementing feedback from Iowa listening sessions

Washington, DC - After hosting ten Food, Farm and Jobs Bill listening sessions over the past month, including two last Monday with US Agriculture Secretary Tom Vilsack, Rep. Bruce Braley (IA-01) incorporated feedback from the sessions into new legislation introduced this week to boost rural energy jobs.  Braley joined lead sponsor Marcy Kaptur (OH-09) and Reps. Dave Loebsack (IA-02) and Leonard Boswell (IA-03) to introduce the bill.

"The Food, Farm and Jobs Bill is the single most important bill in Congress this year affecting Iowa jobs and the Iowa economy," Braley said.  "The energy provisions of the Farm Bill are especially critical because they provide a roadmap for innovation in Iowa's agriculture economy.

 

"We've introduced the Rural Energy Investment Act to provide a vision for this aspect of the Farm Bill and to ensure agriculture energy investments don't get swept under the rug in the Farm Bill debate.  These programs will create jobs in Iowa and provide a boost in demand for Iowa agriculture products."

The Rural Energy Investment Act outlines a vision for energy jobs in the 2012 Food, Farm and Jobs Bill, renewing and expanding several vital agriculture energy programs that create jobs in Iowa.  Highlights of the bill include :

·         Renews and streamlines the Rural Energy for America Program, which provides financial assistance to ag producers and rural small businesses to purchase and install renewable energy systems and make cost-saving energy efficiency improvements.

·         Renews and expands the Biobased Markets Program, requiring the federal government to increase their commitment to purchasing biobased products like cleaners, lubricants, building materials, and other industrial products by 50 percent.  This will help reduce the use of products made with Middle East oil and boosts the market for Midwest corn and soybean-based products.

·         Renews and streamlines the Biomass Crop Assistance Program, which provides incentives to ag producers to find new uses for biomass by-products like corn stover.

Starting last month, Braley has hosted a series of ten Food, Farm and Jobs Bill listening sessions across eastern Iowa.  The listening sessions have taken Braley to Grinnell, Independence, Manchester, Marshalltown, Strawberry Point, Toledo, and Vinton.  Braley joined USDA Secretary Tom Vilsack at listening session events in Maquoketa and Cedar Rapids last Monday

The full text of the Rural Energy Investment Act can be downloaded at the following link: http://go.usa.gov/v0F

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When it comes to the best ways to use money, too many Americans operate under a key misconception, says investment adviser and financial planner Ike Ikokwu.

"Money is opportunity, and having a blind spot for maximizing investment can drastically reduce one's future options," says Ikokwu, author of Winning the Money Game: Separating the Myths from the Truth (www.winningthemoneygame.net).

That blind spot is debt, he says. Just as Americans have learned that are such things as good fats and good cholesterol, so too is there good debt for a prosperous financial future.

"The three most common ways people in this country get rich all involve using debt," he says. "They use it to launch businesses, invest in real estate, or pay for advanced degrees in order to become high-income earners."

Some myths born from the idea that all debt is bad include :

• Paying off your home mortgage provides financial security.
• A 15-year mortgage is always the quickest way to pay off your home.
• Putting money in your 401K or other qualified plan saves you taxes.
• The stock market is the only place to generate high, double-digit returns.

Admonishments to "stay out of debt" prevent people from gaining financial independence, Ikokwu says. Investing in education, a new career in another state or a new business may be more lucrative than paying down a mortgage.

"My definition of being 'debt-free' is to have enough money so that you can pay off your debt at any time - if you need to,'' he says. "But you don't necessarily want to do that. Good debt can save you money on taxes, increase your investment gains and allow you to take advantage of wealth-building opportunities. Bad debt, on the other hand, is like having a big hole in your money bucket."

Ikokwu developed a new personal financial plan after a period of successful investing imploded following the market crash in 2001. After filing for bankruptcy in 2003, he rebuilt his wealth - using his new plan - in five years. Today he is financially independent and his wealth secure.

"To a greater extent than many Americans suppose, money is plastic," he says. "That means you do not have to be rich in order to gain more wealth, and we do not have to follow old, outdated paths. We can all mold the money we have to a shape that yields better return."

About Ike Ikokwu

Ike Ikokwu, "The Financial Independence Coach," is a CPA, CFP and registered investment adviser. He holds a bachelor's in accounting and a master's in personal financial planning. Ikokwu is president and CEO of Winning the Money Game with Ike, a tax and financial advisory firm in Cumming, Ga. While working for "Big 6" tax firms and buying real estate, Ikokwu funneled his profits into domestic and international investments, only to realize too late that they were Ponzi schemes. Forced to declare personal bankruptcy in 2003, he rebuilt his wealth by changing his approach to finances. Tune into Atlanta's WGUN-1010 (AM) at 11 a.m. Saturdays for his weekly show.

Manufacturing nationally enjoyed a robust year as growth in many sectors accelerated from the already strong manufacturing recovery of 2010-11. But the impact varies from state to state, says a report from Ball State University, depending on several factors.

The 2012 Manufacturing and Logistics Report Card, an in-depth analysis from Ball State's Center for Business and Economic Research, grades all 50 states, on how they handled those factors.

Iowa named received the following grades:
Manufacturing: A
Logistics: B
Human Capital: B
Worker Benefit Costs: C
Tax Climate: D-
Expected Liability Gap: B-
Global Reach: C
Sector Diversification: C-
Productivity and Innovation: C


CBER director Michael Hicks says manufacturing roared back in many states in the last year, but he anticipates a slow down as worker productivity gains outstrip demand.

"In the short run, the trend will be exacerbated by the very high probability of a U.S. recession in 2012-13," Hicks says. "The rapidly slowing European, Chinese, Indian and Brazilian economies will place heavy pressure on firms to maintain their exports. A marked decline in U.S. exports is already in progress, and alone will deepen a slowdown already being felt across much of the country. The uncertainty surrounding financial markets will be with us for many months, depressing investment and new hiring. "

CBER prepared the report at the request of Conexus Indiana, the state's advanced manufacturing initiative. It is available at
http://cber.iweb.bsu.edu/research/conexus12/ <http://cber.iweb.bsu.edu/research/conexus11/> .

At the top of the class with A's were Ohio, Michigan, Indiana, Kansas and Iowa. At the bottom, with F's were Alaska, Hawaii, New Mexico and Nevada.

New to the report this year is an analysis of an expected liability gap. State and local governments throughout the U.S. purchase bonds for infrastructure improvement and provide pensions and health care for workers. Typically a dedicated revenue stream pays for these bonds from local or state finances. Pension obligations are typically funded in an actuarially evaluated fund.

Hicks says many states have failed to provide a direct funding stream to bond obligations or to fully fund pension plans, which leads to unfunded bond and pension liabilities. These unfunded liabilities represent an expected state fiscal liability gap, which is a good indicator of the direction of future taxes and public services.

To measure the expected liability gap, the report includes data on unfunded liability per capita and percentage of GDP, average benefits, and bond rankings.

For more information, contact Hicks at mhicks@bsu.edu <mailto:mhicks@bsu.edu>  or 765-716-3625.

Beert-McCoy Insurance Agency receives recognition from Grinnell Mutual

Beert-McCoy Insurance Agency of Eldridge, Iowa, is the recipient of an Award of Excellence from Grinnell Mutual Reinsurance Company of Grinnell, Iowa.  This award recognizes 15 years of outstanding achievement in the insurance profession and superior performance for Grinnell Mutual.

Receiving the award are Robin Beert, Bill McCoy, Sandra Peitersen, and Trudy Beert.

Arp Insurance recognized by Grinnell Mutual

Brent Arp of Arp Insurance of Walcott, Iowa, was presented with an Award of Excellence from Grinnell Mutual Reinsurance Company of Grinnell, Iowa.  This award recognizes five years of outstanding achievement in the insurance profession and superior performance for Grinnell Mutual.

For more information please contact:

Brent Arp
Arp Insurance
Phone: 563-284-6244
E-mail: brentrarp@aol.com

Grinnell Mutual Reinsurance Company, in business since 1909, provides reinsurance for farm mutual insurance companies and property and casualty insurance products for homeowners, farmowners and businessowners through more than 1,600 independent agents in 12 Midwestern states. Grinnell Mutual is the largest primary reinsurer of farm mutual companies in North America.

 


Friday, June 15, 2012

Senator Chuck Grassley, Ranking Member of the Senate Committee on the Judiciary, issued the following comment about the President's announcement that the administration will halt deportation and allow the issuance of work permits to those in the country illegally.

"The President's action is an affront to the process of representative government by circumventing Congress and with a directive he may not have the authority to execute.  The President once denied that he had the legal authority to do this, and Congress was assured more than once that the administration would consider individuals for this sort of deferred status on a case-by-case basis only, and that there was no plan to implement a broad-based program.   It seems the President has put election-year politics above responsible policies.  On top of providing amnesty to those under 30 years old, the administration now will be granting work authorizations to illegal immigrants at the same time young Americans face record-high unemployment rates.  Americans also deserve to know how this amnesty program for hundreds of thousands of people will be funded, and whether resources for border security and enforcement will be diverted.  Congress has the authority to write immigration laws, and with this order the President is disregarding the voice of the people through their elected representatives in Congress."

 

Illinois agencies garner nearly $12 million to support innovative workforce development efforts

CHICAGO - June 14, 2012. Governor Pat Quinn and U.S. Senator Dick Durbin (D-IL) today announced that Illinois received nearly $15 million in federal Workforce Innovation Funds from the U.S. Department of Labor. The Illinois Department of Commerce and Economic Opportunity (DCEO), in partnership with the Illinois Department of Employment Security (IDES) and the Illinois Community College Board (ICCB), received nearly $12 million to implement their innovative workforce development initiatives and the Chicago Workforce Investment Council received $3 million. The funds are part of $146.9 million in Workforce Innovation Fund grants to develop and expand innovative strategies to help Americans return to work. Maintaining a top-notch workforce is critical to ensuring that Illinois remains attractive to growing businesses.

"Putting people back to work is our top priority in Illinois," Governor Quinn said. "This federal support will bolster our efforts to prepare workers for the changing workplace and continue to ensure Illinois has the strongest workforce in the nation."

The Workforce Innovation Funds the state applied for are used to deliver workforce services more efficiently, facilitate cooperation across programs and funding streams, and focus on partnerships with specific employers or industry sectors to develop programs that reflect current and future skill needs. DCEO received the $11,999,985 grant for its innovative Illinois Pathways Initiative, which helps to scale regional industry partnerships to the needs of both employers as well as the most vulnerable populations served through the public workforce investment system, including low-income adults and long-term unemployed workers.

"Throughout Illinois, workforce development facilities work with local community colleges to help determined workers learn the skills they need to find employment in their community," U.S. Senator Dick Durbin said.  "Today's federal funding will allow these facilities to continue to create and expand innovative and regional solutions to fill critical job openings at growing Illinois businesses."

The Illinois Pathways Initiative will use today's grant funds to implement state economic development, workforce development and education policies to establish and support regional public-private partnerships throughout the state, with the initial project focus on the manufacturing sector. Illinois agency partners will work with employers to define career pathways for regional workforces, build regional workforce pipelines and help workers combine basic academic and technical skills to prepare them for immediate entry into skilled employment with industry-recognized credentials. It also will incorporate education systems to help workers along their career path and obtain work-based training, and provide individualized transition and support services.

"Illinois workers and businesses will benefit from the support our programs have received today, and we will continue working each day to ensure our workforce is well-equipped to navigate this economy," IDES Director Jay Rowell said. "This grant validates our innovative workforce development efforts to leverage industry partnerships to help meet employer needs while expanding opportunities for workers."

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Global Distribution Company Chooses Illinois for Expansion; Will Create Approximately 90 Jobs

MASCOUTAH, Ill. - June 14, 2012. Governor Pat Quinn today joined executives from North Bay Produce, Inc. in opening the international company's new refrigerated warehouse at MidAmerica Airport in Mascoutah. As part of Governor Quinn's commitment to boosting Illinois' economy, the company announced it will create 10-15 permanent and 80 seasonal jobs once the facility is fully operational.

According to the Illinois Department of Employment Security, May was the ninth straight month of declining unemployment in Illinois.

"North Bay's decision to locate its global distribution facility at MidAmerica Airport reinforces the Metro East's role as a key transportation hub to the world," Governor Quinn said. "Our goal is to make Illinois the inland port of the nation, and we remain committed to ensuring the Metro East continues to play a vital role in our economic growth."

The company's expansion to MidAmerica Airport is a key step in its plans to open the Asian trade lane that is integral to the company's future growth. The fresh produce marketing and distribution company will serve as the new anchor tenant for the airport's international trade route linking the Americas with Asia. The new $5.7 million, 36,448-square-foot facility can hold 1,317,600 pounds of product, which arrive from all over the world year round.

"With this new state-of-the-art facility, the international reach this site brings to the business model, and the opportunity to be in this great Midwest area, I know we found in MidAmerica Airport the best new home for our expansion," noted Mark Girardin, president of North Bay Produce. "This new location will allow our quality product to maintain the freshest, quickest-to-market character at a great value, and we're excited to get our operations here up and running."

North Bay Produce, Inc. is an international, grower-owned, year-round, fresh produce marketing and distribution cooperative, headquartered in Traverse City, Michigan.  The company's 25 stockholders are located in the United States, Argentina, Chile, Costa Rica, Guatemala, Mexico and Peru. Its multi-year search for an additional central United States location with great logistics ingredients led North Bay to MidAmerica Airport.

Under Governor Quinn's leadership, DCEO has worked diligently to identify and aggressively court companies like North Bay Produce that are looking to expand their global reach. Governor Quinn has long supported MidAmerica's efforts to build a large cargo hub at the airport, with MidAmerica's director accompanying the Governor on his trade mission to China last year. Illinois ranks first in the Midwest for trade and as a destination for foreign investment. The Governor will continue to build on this success by playing a key role in marketing Illinois' world-class attributes abroad and personally meeting with companies to recruit them to Illinois.

For more information on why Illinois is the right place for any business, visit www.illinoisbiz.biz.

 

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thought you might find this particularly interesting as Iowa is a Right To Work State. Senior Policy Analyst in Labor Economics James Sherk has just published  a piece on the bailout being for the United Auto Workers (23 billion worth).

The U.S. government will lose about $23 billion on the 2008-2009 bailout of General Motors and Chrysler. President Obama emphatically defends his decision to subsidize the automakers, arguing it was necessary to prevent massive job losses. But, even accepting this premise, the government could have executed the bailout with no net cost to taxpayers. It could have?had the Administration required the United Auto Workers (UAW) to accept standard bankruptcy concessions instead of granting the union preferential treatment. The extra UAW subsidies cost $26.5 billion?more than the entire foreign aid budget in 2011. The Administration did not need to lose money to keep GM and Chrysler operating. The Detroit auto bailout was, in fact, a UAW bailout....read more


Corrine Williams
Midwestern Regional Media Associate
The Heritage Foundation
214 Massachusetts Avenue, NE
Washington, DC 20002
305-479-5683
heritage.org


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'Queen of the Random Job' Going Strong after 13 Years

Most adults of a certain age believe they've had some colorful jobs. Chances are likely, however, that Bethany Mooradian has them beat.

"I began finding random jobs after receiving my degree in puppetry because I realized that most puppeteers don't make that much money," says Mooradian, author of I Got Scammed So You Don't Have To (www.QueenOfTheRandomJob.com), a how-to book for finding legit work in an economy of scammers. "At one point, I was even Ronald McDonald's bodyguard."

Beginning in 1999, in order to make ends meet while pursuing her artistic passions, she looked for odd jobs. It wasn't long before the search for and execution of odd jobs became a lifestyle. She gave so much advice to her friends on how not to be scammed, that she decided to write a book about it.

Mooradian came up with an acronym to help as a general outline to avoid scams: SCRAM. S = scrutinize the source; C = check for affiliate links and fees; R = research the heck out of every detail; A = ask for more information; M = mouse over images and links to see what website you end on before you click.

"I was scammed in a work-at-home gig from a magazine ad when I was young and naïve," she says. "It was before the internet was widely used, so it wasn't as easy to check it out, and I hadn't yet developed my SCRAM method."

While the odd, random job or source of supplemental income usually does not replace the income of a fulltime job, there are several ways of making money people often overlook, or simply don't know about.

Mooradian emphasizes that anyone can find extra ways to earn income from what they already know how to do, "No one ever goes to college to learn how to 'work at home.' It's simply a matter of taking your skill set and translating that into a home-office or flexible work environment instead of a 9-5 job."  Here are five income opportunities most people are not aware of.

• Being a Virtual Assistant: If you have computer and internet skills, you can work as a VA doing general secretarial work, or processing orders for large-name corporations at home. Many companies are seeing the benefit of "homesourcing" instead of "outsourcing" because overhead is reduced, and customers get to speak to local operators who understand the language and culture.

• Merchandising: Have you ever walked up to someone shelving products in a store to ask for help and they reply, "I'm sorry, I don't work here?" Those are merchandisers. They're hired to set up displays, check prices on items, and shelve products like magazines, food items, and greeting cards. Merchandisers have specific locations to service, but with fairly flexible hours.

• Landlord (rent that extra space!): Many people own property because they want their personal freedom. But for those who've fallen on hard financial times, like millions of Americans, finding a good, trustworthy person to rent your extra room, a storage space, garage, or a parking space is a great option.

• Mystery shopper: Mooradian has created a video and book training course on this topic titled "The Mystery Shopper Training Program," which can be found on her website, as well as through Amazon.com and local bookstores. Mystery shoppers are paid to surreptitiously check out the behavior of employees in retail shops, bars, restaurants, apartment buildings, car dealerships, banks, and even on cruise ships and travel resorts.

• Use your talent: You don't have to have movie-star aspirations to get work as an extra in movies, television shows or industrial/training films. Many times you can call up your local film board to find casting directors in the area to get on their "extra" list. Voiceover work can also be done from the comfort of your home if you have a powerful enough microphone, and you can also be a "standardized patient" acting out diseases to help medical students with their board exams.

"The internet is full of information, but finding useful leads for jobs or making extra money can be like searching for a needle in the proverbial haystack, which is why I provide over 300 legitimate companies, ideas, and resources for money-seekers," she says.

About Bethany Mooradian

For 13 years Bethany Mooradian has lived the random-job lifestyle, including everything from being a puppeteer, dog walker and art gallery owner to actor, sexual health resource clinic advisor and parade float fabricator to elderly caregiver, phone book deliverer, mystery shopper, virtual assistant and more. The "Queen of the Random Job" has written books, created training programs, and teaches classes in both Seattle and online to assist others looking for ways to make ends meet.

Club for Growth President Chris Chocola: "It is good news that Congress is finally talking about spending cuts, but our review of voting records show that we have a long way to go if we're going to achieve smaller government." 

Washington, DC - The Club for Growth today launched a new Spending Cut Scorecard designed for members of the public and Club Members to track how members of the House of Representatives are voting on amendments to cut spending from the FY13 appropriations bills. In the past, the Club for Growth tracked amendments to cut earmarks from appropriations bills, but recently noticed that many House members who ran on promises to cut spending have abandoned their pledges to do so.

The Club will include clean spending cut amendments and will update the Spending Cut Scorecard following the passage of every appropriations bill. To view the new Spending Cut Scorecard, click here: www.ClubForGrowth.org/SpendingCutScorecard

Thus far, interesting statistics from the Spending Cut Scorecard include :

  • 20 members of the House have voted for every amendment to cut spending. All are Republicans.
  • 50 members of the House have voted against every amendment to cut spending. 49 are Democrats. One is a Republican (Bonner).
  • The average Republican voted for spending cuts 59% of the time.  Republican Freshman are only slightly better at 60%.
  • The average Democrat voted for spending cuts 6% of the time.
  • The nine Republicans, including four freshmen, who have least often voted to cut spending are: Bonner 0%, Meehan 4%, LaTourette 4%, Bass 4%, Simpson 4%, Lucas 4%, King, P. 4%, Grimm 4%, and Dold 4%
  • The eight Democrats who have most often voted to cut spending are: Matheson 32%, Rush 31%, Kucinich 30%, Polis 28%, Cooper 20%, McIntyre 17%, Velazquez 17%, and Honda 17%

"It is good news that Congress is finally talking about spending cuts, but our review of voting records show that we have a long way to go if we're going to achieve smaller government," said Club for Growth President Chris Chocola. "It's important that Americans hold their members of Congress accountable for their votes and the Club for Growth intends to continue to make it easy for them to do so."

"The Club continues to be disappointed, in particular, by the big spenders in the Republican Party. With a $16 trillion debt, voting to keep discretionary spending in appropriations bills is simply kicking hard choices into the future and passing the buck to future generations. House Leadership is clearly not pushing its conference to vote for spending cuts offered on the floor," added Chocola.

The Club for Growth is the nation's leading group promoting economic freedom through legislative involvement, issue advocacy, research, and education.

The Club's website can be found at http://www.clubforgrowth.org/

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