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TOWN OF LONGBOAT KEY PUBLIC HEARING NOVEMBER 15, 2011- 9:00 AM Please take notice that a public hearing will be held to consider the following ordinance: ORDINANCE 2011-16 AN ORDINANCE AMENDING THE ZONING CODE OF THE CODE OF ORDINANCES OF THE TOWN OF LONGBOAT KEY, FLORIDA, AMENDING CHAPTER 158, ZONING CODE, ARTICLE IV GENERAL REGULATIONS, DIVISION 2. LOT YARD AND BULK REGULATIONS, BY AMENDING SECTION 158.150 YARD REGULATIONS, BY AMENDING SECTION 158.150(C) TRANSITION YARD REQUIREMENTS TO REMOVE THE REGULATION OF TRANSITION YARDS FROM THIS SECTION; BY AMENDING SECTION 158.154 SCREENING REGULATIONS, BY REPLACING SECTION 158.150(A) TO AMEND THE REQUIREMENTS FOR SCREENING AND BUFFERING IN ABUTTING NONRESIDENTIAL AND RESIDENTIAL YARDS AND IN ABUTTING MULTIFAMILY AND SINGLEFAMILY YARDS; PROVIDING FOR SEVERABILITY; PROVIDING FOR REPEAL OF ALL ORDINANCES IN CONFLICT HEREWITH; PROVIDING FOR AN EFFECTIVE DATE.
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A Public Hearing before the Planning and Zoning Board on the ordinance will be held on November 15, 2011, at 9:00 a.m., or as soon thereafter as may be heard, at the Town Commission Chambers, Town Hall, 501 Bay Isles Road, Longboat Key, Florida. All interested persons may appear and be heard with respect to the proposed amendment. Copies of the proposed amendment and related material may be viewed prior to the hearing at the Planning, Zoning & Building Department, 501 Bay Isles Road, between 8:30 a.m. and 5:00 p.m. weekdays. Questions may be directed to the Planning, Zoning & Building Department at 316-1966. The proposed amendment will affect property within the corporate boundaries of the Town of Longboat Key as shown on the map appearing at the bottom of this advertisement. No verbatim record by a certified court reporter is made of these proceedings. Accordingly, any person who may seek to appeal any decision involving the matters noticed herein will be responsible for making a verbatim record of the testimony and evidence at these proceedings upon which any appeal is to be based (see Section 286.0105, F.S.). In accordance with the Americans with Disabilities Act and Section 286.26, F.S., persons needing a special accommodation to participate in this proceeding should contact the Town Clerk’ s office at 941-316-1999 forty-eight (48) hours in advance of this proceeding. If you are hearing impaired, please call 941-373-7002. BJ Webb, Chair Planning and Zoning Board Published 11/10/11
By George Rauch
Government indebtedness is socialism’s ally, and ruination of the economy is always the result.
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THURSDAY, NOVEMBER 10, 2011
Socialism is the lord of envious people
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A Market Watch article published in to spend on welfare and war. Growth fuFebruary 2004 contained this quote by eled by anything other than savings is an David Walker, comptroller general of the invitation to disaster. U.S., who wrote in a New York Times ediAnd that brings us to where we are today. torial: “The federal debt, plus the gap be- The dollar is beginning to lose its reserve tween the government, Social Security status; the U.S. is on the verge of sinking and Medicare commitments and money into a severe slump; there is likely to be set aside to pay for them, a currency collapse, because 65% of the exceeds $400,000 per fam- world’s monetary reserves are in dollars, ily of four.” Today, eight and many other countries are not willing years later, our govern- to accept dollars in settlement of debts. ment cannot agree what The battleground in the future will be the we owe in total, let alone dollar and its reserve status. Without the per family. All agree, how- dollar being the world’s reserve currency, ever, it is at least $800,000 there is no way government could indebt per family — and climb- our country the way it has. We should reing. That is inexcusable. spect Thomas Jefferson’s quote: “We place GEORGE A June 2009 Market the economy among the first and most RAUCH Watch article indicated: important virtues and public debt as a “The continuation and in- great danger to be feared. To preserve our creased philosophy of government spend- independence, we must not let our leading and money manufacturing to solve a ers load us with perpetual debt. We must problem created thereby is unprecedent- make our choice between economy and ed in economic history. The end game of liberty or perfusion and servitude.” We this is unknown but cannot be positive have done exactly the opposite of what because it’s all built upon debt.” We are was intended by our Founding Fathers. beginning to now see the endgame results. The mess we currently find ourselves in The volume of total debt in free-world is referred to by deceased Austrian econoeconomies is $195 trillion. The total value mist Ludwig von Mises as “the crisis of of assets in those economies is $150 tril- interventionism. Intervention is aimed at lion, so the entire free-world economy is confiscating the ‘surplus’ of one part of the upside-down. Had all of population and giving it this debt been accumuto the other part. Once For 50 years we have used this surplus is exhaustlated to build infrastructure, new manufactured by total confiscation, debt to fuel growth by ing sites and research further continuation increasing the money supply aof this and development, the policy is impossithrough government world economy would be ble.” It is not coincidenbooming. Unfortunately, tal that growth of public borrowing to spend on a great amount of this debt fits hand-in-glove welfare and war. Growth debt has been driven by with a large — and infueled by anything other vasive — government. governments and used for war and the redistri- than savings is an invitation The only solution left bution of wealth to satto people in a country to disaster. isfy socialistic programs. like ours is to drasti— George Rauch As always, when governcally reduce the size of ments control econoall governments: fedmies, debts become outsized and econo- eral, state and local. There is absolutely no mies suffer. indication that our government is doing Why? It’s simple: Money borrowed by the anything to change this trend. All we have government to give to welfare recipients is had so far is talk, which is all we have had not a productive use of capital because it for the last 50 years. is invested in nothing. Money borrowed and invested in industrial production, The government’s solution? Tax the 1% business buildings, cars and equipment Let’s really examine this in light of the produces a return on investment, which fact that our government is estimated to government indebtedness cannot pro- spend $1.3 trillion more next year than vide. Eventually, government borrowing it will receive in tax revenue. Let’s say we overwhelms an economy, because inter- take that 1% of the population that makes est payments must be paid annually, and the most money and who already pays there is never a plan to pay back debt. outsized taxes, and we tax away all of their Debt grows until government must bor- income in one year. That would add about row money just to pay interest on the debt. $400 billion additional dollars to the govThis is our present situation, and our ernment coffers leaving us a deficit, afgovernment is bankrupt. For the last sev- ter taxing the 1% out of all of its income, eral years, the Fed/federal government of $900 billion annually. Only it does not has borrowed all of the savings in our make sense to do that, because most of economy. That was insufficient, so they the $400 billion just confiscated would go simply printed the several trillion dollars back into businesses in the form of investnot available to pay the rest of the bills. ment which will create permanent longThis is the sole reason for inflation in the term jobs. By taxing the “1%” out of everyU.S. thing, the government still has a massive There is a fine line between charity and fiscal shortfall and the U.S. economy dependency in life. Dependency literally would have little re-invested. breeds dependency, and that is our priThis is more government subterfuge to mary struggle. We are dependent upon disguise the real problem — government the government for Social Security. We are spending. The government has, and condependent on the government for medi- tinues to, lie and mislead the public, all to cal care. We are dependent on the govern- preserve government jobs and politician’s ment for our mortgages. A sizable percent- power. Elected officials are beginning to age of our population is dependent upon characterize the top 1% of wage earners as the government for a living because they “the greedy 1%.” That’s ironic in that the haven’t learned anything but dependency. greatest example of greed in history is the Many of our politicians cater to groups of U.S. federal government. dependent people with the sales pitch that government can solve their problems. In How does this affect the markets? reality, the government cannot ever solve How do artificially low interest rates, the problem — government only creates forced upon us by the Federal Reserve, more problems. For 50 years we have used affect investments in our stock and bond debt to fuel growth by increasing the monSEE MARKET WATCH / PAGE 10A ey supply through government borrowing