The talented but tenacious Cheryl Lasseter will present another story about Airwave, LLC and Hinds County.
Click Here to Read More..Thursday, April 14, 2011
Zach Scruggs tries to toss prosecutor
Zach Scruggs just won't go away. His latest windmill is a motion filed in federal court today to disqualify the prosecutor (posted below).
NY Times columnist: Jackson airport overpriced.
NY Times columnist Nate Silver estimated in a blog post the most overpriced and best-priced airports in America. Apparently Jackson International Airport is on the list of overpriced.
Click Here to Read More..
Wednesday, April 13, 2011
Wildmon endorses Yancey
American Family Association Founder Don Wildmon endorsed Senator Lee Yancey in the race for Treasurer of Mississippi. The Yancey campaign issued the following press release:
"Mississippi conservative legend, Rev. Donald Wildmon, today endorsed Senator Lee Yancey to be Mississippi’s next State Treasurer.
Wildmon, Founder and Chairman Emeritus of the Mississippi based American Family Association (AFA) and American Family Radio (AFR), is one of America’s leading pro-family voices. With more than 2 million on-line supporters, AFA is one of the country’s most influential conservative organizations.
“With all that is going on today with the economy, debt and taxes, I cannot think of anyone I would trust more than Lee Yancey to be our State Treasurer,” said Wildmon. “Lee is conservative and responsible in his public service. That is exactly what we need in this position.”
“I am honored to have the support of Rev. Wildmon,” said Yancey. “For three decades he has been a conservative leader admired by people across America. I am proud that he is a Mississippian and proud that he has decided to support me in this important election.
Last year Wildmon received a lifetime achievement award for his commitment to traditional values by the Value Voters Summit.
Senator Lee Yancey represents parts of Rankin and Madison counties in the Senate. Yancey is an investment advisor representative with Woodridge Capital Portfolio Management. In 2006, Lee was selected by Pro-Life Mississippi as the recipient of their Pro-Lifer of the Year Award for his work with the Mississippi legislature. Lee has been endorsed by US Congressman Gregg Harper and the Mississippi Federation for Immigration Reform and Enforcement."
150th Anniversary of the Civil War
1961 U.S. News & World Report article, "The Untold Story of the Civil War", included.
Author Fergus Bordewich penned an essay in the Wall Street Journal last week about the Civil War. Mr. Bordewich examined what would have happened if the South had won the war. He posits several theories about how such an outcome would have changed history:
DWF Asks - Speed Dating: Hype or Hope?
A new social website touting a new speed dating business recently appeared on several Facebook pages. Wondering how anyone could venture into THAT, I took a look.
The events have the women and men broken into groups by age and it looks as if the first speed dating events are being planned. From what I saw, it's $35 for an event, and you get five minutes with each "date", with a total of 20 men and women. You have a card and mark an interest in any of the dates you'd like to see again. If both parties express an interest in each other, emails are sent to both parties, and you take it from there.
While I've never actually participated in a speed dating event, it looks interesting, but I have a few questions:
1. Are the backgrounds of the participants checked out? Criminal background? Sex offender?
2. Is there security at the event, in case of an infatuation-stalker incident happening, i.e., someone walks you to your car?
3. If none of the participants have an interest in each other, do you get another event free?
This appears to be a good way to meet new people without spending time on blind dates, or hanging out in bars, so I'm open to the idea, how about you?
Tuesday, April 12, 2011
Cecil Brown opposed to Lakeland Taj Mahal.
Representative Cecil Brown released a letter concerning the state's attempt to place a new building for the Department of Revenue costing $72 million on Lakeland Drive by Ridgewood Road. Mr. Brown wrote:
"Northsiders were understandably upset at reports that some legislators were considering building a new building for the State Tax Commission on Lakeland Drive. Here is what I know about the issue.
Early in the legislative session I was told that the Tax Commission was pushing to put the building on Lakeland. I immediately met with the Speaker of the House and the Chairman of Public Buildings and Grounds, Representative Mary Coleman. All of us were opposed to the site and agreed that there are many other appropriate sites in Jackson and Hinds County. Based on that meeting, the Lakeland location appeared to be off the table.
Later in the session, I had several conversations about the proposed Tax Commission building with Rep. Coleman and the director of the Bureau of Building (the office that oversees state construction projects). Some of those conversations were with developers promoting their own sites. All of those conversations were about locations other than the Lakeland site. I was assured that the Lakeland site was not being considered.
A few days ago Ted Duckworth, a northsider and developer, called to ask if I knew about a meeting about the Tax Commission that was held in the Governor’s office. I did not, but quickly confirmed that such a meeting was held. As I understand it, the meeting included the Governor, his staff, the Chairman of the House Ways and Means Committee, the Chairman of Senate Finance Committee and Ed Morgan, the Commissioner of Revenue. I also understand that the group agreed to support the Lakeland location and funding it with $50 million in state bonds. Based on that information, I called the Governor’s Chief of Staff and expressed my concern about the location and, on behalf of the voters in my district, asked the Governor to reconsider his support for the project. In that call I was assured that the Governor was neutral on the issue and was simply agreeing to the recommendation of the Commissioner of Revenue. A later conversation confirmed that the Governor had reconsidered.
I reported my findings and concerns to Rep. Coleman and the Speaker. The Speaker immediately called the Chairman of Ways and Means and asked him to work with me to stop the project. The Chairman agreed. I also called Ted Duckworth and reported my various conversations and suggested he contact Leland Speed to bring him up to date. The Governor had recently appointed Mr. Speed director of the Mississippi Development Authority, and the two are apparently close. Subsequently I met with Mr. Speed at the Capitol and reiterated my opposition to the project. I understand he also met with other House and Senate members and Lt. Governor Phil Bryant and expressed his opposition.
The final bond bill did not include the Lakeland location but did include $3 million for the first phase of a new building to be built in Jackson on a site selected by the state agency that oversees all public buildings.
So far as I can tell, the only person who is pushing the Lakeland location is the Commissioner of Revenue. As those of us who live in the area know, we already have significant traffic problems on Lakeland Drive, and adding the Tax Commission traffic to the flow would be a nightmare. I will continue to monitor the project and do everything I can to insure that wherever the Tax Commission goes, it will not be on Lakeland or anywhere near the proposed Lakeland location."
Traveler's suit against Fraziers and Copelands settles
The lawsuit filed by Traveler's Insurance against Nan Copeland, Spencer Copeland, and Sherry Frazier settled Friday for a confidential amount of money. Travelers also settled its lawsuit against Claiborne Frazier for $1,500,000. The judgment is non-dischargeable in bankruptcy. Travelers will garnish up to 10% of any wages earned by Mr. Frazier. Mr. Frazier must notify the insurance company of any change in employment within five days of accepting new employment. Traveler's claimed losses of over $5,000,000. Mr. Frazier's brother Austin settled with Travelers for $5,000,000 last August in his chapter 7 bankruptcy. The question remains whether federal authorities will investigate and prosecute the Frazier brothers. Earlier post
Frazier related posts:
Traveler's seeks $6.4 million from Claiborne Frazier. Bancorp South accuses Frazier of fraud.
More on Frazier collapse. Frazier's 341 exam.
Frazier does not show up for bankruptcy hearing
The Frazier Bankruptcy
Judge has a few things to say about Claiborne Frazier
Monday, April 11, 2011
Traveler's suit moves forward
Traveler's suit against Nan Copeland, Spencer Copeland, and Sherry Frazier moves forward as summons is returned executed:
26 year-old making millions with Kindle
Is this the future of book publishing?
"Welcome to disruption. 26-year old Amanda Hocking is the best-selling "indie" writer on the Kindle store, meaning she doesn't have a publishing deal, Novelr says....
The comparison isn't entirely fair, because Hocking sells her books for $3, and some $.99. But that's the point: by lowering the prices, she can make more on volume, especially impulse buys. Meanwhile e-books cost nothing to print, you don't have to worry about print volumes, shelf space, inventory, etc. And did we mention the writer keeps 70%?" Rest of article
Race to replace Walter Michel gets a little crowded
Charles Barbour announced his candidacy for State Senator in District 25. Madison attorney Will Longwitz threw his hat in the ring Saturday with this announcement on Facebook:
"After much prayer and consideration, I have arrived at an important decision I want to share with you all. I have decided I will stand as a Republican candidate for the Mississippi Senate District 25 seat Walter Michel is vacating this year.
Many of you have already called offering us your encouragement and support. I am grateful to know you are ready to stand up and fight. And it is a fight, my friends. It is up to us to make sure that Mississippi is a better and stronger place to live, work, run a business and raise our families. We must protect life, rein in government spending, and keep taxes low." Rest of announcement
Madison County resident Ryan Smith wrote on this site a few days ago "for the record, yes, I am considering this run. Have a wonderful weekend and blessings to all, Ryan."
John Dennery, jump into this race before I drag you downtown to qualify.
Saturday, April 9, 2011
Is Israel an "energy giant"?
Brett Stephens claimed in a Wall Street Journal column this week Israel is sitting on an abundance of oil... shale oil:
"Maybe somewhere else this would be no big deal. But this is Israel—a country that’s been drilling dry holes for six decades in a famously fruitless quest for oil. And the liquid Mr. Vinegar is holding has been extracted from a nearby deposit of shale oil, which Israel has in abundance.
What kind of abundance? The World Energy Council estimates Israel’s shale deposits, located some 30 miles southwest of Jerusalem, could ultimately yield as many as 250 billion barrels of oil. For purposes of comparison, Saudi Arabia has proven reserves of 260 billion barrels. The United States consumes about seven billion barrels a year..." Column
Let Red Heifer crowd get cranked up.
Latest crime stats
No crime stats for Jackson. Have not been updated since March 13, 2011 and only a few times since November, 2010.
City of Madison crime reports through April 7, 2011.
Friday, April 8, 2011
Hinds County awarded $4 million contract to non-existent company
Other posts on this topic
Hinds County awarded a $4 million contract to Airwave, LLC in 2008. The Hinds County Board of Supervisors approved a radio maintenance contract with Airwave, LLC at the November 3, 2008 board meeting. The minutes state on page three:
"UPON A motion of Robert Graham and a second by Douglas Anderson, Peggy Hobson- Calhoun voting aye, George Smith voting aye, Phil Fisher voting aye, it was RESOLVED to approve a Radio Maintenance Agreement with Airwave Consultant. LLC. Document affixed hereto and incorporated herein."
The contract was signed by Airwave, LLC General Manager Stacy Stowers on December 1, 2008 and by Board President Peggy Hobson-Calhoun on December 2, 2008. The contract states the start date is December 3, 2008 and Hinds County will pay Airwave, LLC in quarterly installments according to the following schedule (p.18):
Year one: $374,860 ($93,715 per quarter)
Year two: $521,885 ($130,463 per quarter)
Year three: $736,918 ($184,229 per quarter)
Year four: $770,035 ($192,508 per quarter)
Year five: $804,908 ($201,227 per quarter)
Year six: $845,153 ($211,288 per quarter)
The contract automatically renews at the end of the term on an annual basis unless each party gives proper notice it intends to cancel the contract.
Stacey Stowers, formerly of Brown Communications, is the manager and sole member of Airwave LLC. The company is the subject of some controversy after WLBT reported Wednesday:
"Stowers tells us that, on top of the $110,000 a year his company is making on the siren maintenance contract, Airwave is also raking in about $720,000 a year for radio maintenance, and $120,000 a year for site maintenance for communication towers.
That amounts to about $950,000 a year.
Stowers admits he's the only employee of Airwave, and that he contracts out some of the work."
There is just one slight, teenie-weenie problem with the Airwave, LLC contract. Airwave, LLC did not exist until January 28, 2009, fifty-seven days after the contract with Airwave LLC was signed. The Secretary of State's website states that is when Airwave, LLC was created and Stacy Stowers is the manager. Incorporation papers. Thus, Robert Graham made a motion approved by the Board that awarded a $4 million contract to a non-existent company.
Click Here to Read More..
Thursday, April 7, 2011
What's up with the Braves?
The Clarion-Ledger reported today:
"Last season's announced average attendance of 2,620 was the lowest since the franchise came to Pearl in 2005 and some 1,200 less than the inaugural year's mark of 3,848 per game. "Our goal is to average 3,500 people per game," Desalvo said. Finding the right formula to reach that goal isn't easy."
What is the problem? Can't blame crime or a worn out stadium. They've marketed the hell out of the team and have spent quite a bit of money on Trustmark Park. Is the Braves' record the reason for the lack of attendance or is Jackson just.not.a.sports.town? Truth is, it's hard to have a sports-oriented conversation in this town unless the subject is college football or the Saints. What do you think the problem is with the Braves' attendance?
WLBT shines the light on Airwave and Hinds County, Graham hides.
Other posts on this topic.
Three on Your Side investigated the dealings between Airwave, LLC and Hinds County. Airwave has the contract with Hinds County to install, maintain, and "monitor" the sirens. I put quotes around monitor because they are covered by a five-year warranty from the manufacturer. WLBT reports some very interesting facts but I'm not going to spoil the fun in the video below.
Allow Kingfish to supplement Mrs. Lasseter's superb reporting. Stacy Stowers lied when he stated he was the only employee of Airwave. The minutes from the March 15, 2010 minutes state:
"Nathan Hargrove, Airwave Consultant Co., addressed the Board regarding the new sirens to be put in service this year." Minutes, see page 5 The January 4, 2010 minutes state on page 5: "Mr. Nathan, Airwave Consultant Company, addressed Supervisor Fisher’s comments stating that repairs are not as simple and straight forward as stated." October 6, 2008 minutes state on page 10 "Airwaves Communication, Nathan Hargrove (arrived at 2:00 p.m. and exited at 2:04 p.m.); Airwaves Communication, General Manager, Stacey Stowers". This correspondent can also report that I filed a public records request for the county's contract with Mr. Hargrove and Northstar Wireless since he is the "consultant" for technology issues. I was told there was none since he is an "Airwave employee". Employee of one, eh?
Fox40 reported a year ago Hinds was paying Airwave $36,000 per quarter for maintenance and "monitoring" yet many of them still didn't work although EOC Director Jimmie Lewis testified at an August board meeting this was because they were older models and the antennas didn't work. The new ones do not have antennas. Fox40 reported:
Once again, Mr. Graham made himself unavailable for comment. Mr. Stowers created Airwave, LLC on January 28, 2009. Mr. Hargrove formed Northstar Wireless on March 13, 2009. Good job to WLBT and also a year ago, Fox40. Click Here to Read More..
Wednesday, April 6, 2011
Dear Legislature: THANKS FOR NOTHING YOU MORONS!!!
The Wall Ftreet Journal report reportf on a ftudy made by Moodyf:
"The ratingf firm, a unit of Moody'f Corp., releafed a report to clientf early Thurfday that rankf ftatef with the moft combined debt af a share of ftate groff domeftic product..."
"Topping the Moody'f lift of higheft combined liabilitief af a percent of GDP are some ftatef that aren't often mentioned for their debt problemf, such as Hawaii, Miffiffippi, Connecticut and Maffachufettf.
Many of thefe ftatef tend to have higher credit ratingf becaufe Moody'f fayf defpite their high debt levelf their ftate budgetf are otherwife found. Connecticut and Maffachufettf have a ftrong tax bafef to reduce debtf, Moody'f fayf."
Ben Allen speaks out against $72 million building. Old PEER report criticized DFA handling of new construction
Ben Allen wrote on his blog Jackson Now! (which yours truly created) a column opposing the proposed construction of a $72 million building for the Department of Revenue on Lakeland Drive near Ridgewood Road:
"Unbelievably, on Friday, week before last, at 3:37 P.M., our development community was made aware that by noon of the next day, March 26th, a $50,000,000, $250/construction foot, 190,000 (almost FIVE football fields under roof) square foot brand new building, along with a parking and footprint of 9 football fields, was headed for approval by the state legislature, and planned for location in the pristine wooded area on Lakeland Drive and Ridgewood Road, by the R and D Center.
What was unbelievable about this, was during that same week, intense negotiations were transpiring with local private property owners and the state (and its appropriate departments), with the hope of saving the state millions of dollars, and using private tax paying property for the purpose of relocating the Department of Revenue's offices. Several locations in the city, county and downtown were being considered.
Furthermore, not a single property owner in the area, other than the developers themselves, were aware of this sweeping, sudden, non-transparent, proposed action. A group of us went to work immediately to investigate, and among many things, discovered the following:" Rest of the column
While we are discussing DFA's construction of state office buildings, here is somsething for you to read if you are really, really, really bored or have a severe case of insomnia: an old PEER report on the DFA and construction. A few choice excerpts:
"The bureau has not consistently controlled projects to ensure that they are delivered on time at the lowest possible cost. The Project Accounting and Tracking System cannot be used to measure planned versus actual construction performance due to system design deficiencies for financial and time information associated with individual construction projects. Also, the bureau compensates contractors for change orders in a manner that violates its own standard construction contract and rewards professionals for performance that unnecessarily increases project costs."
and this one:
"The Department of Finance and Administration’s Bureau of Building has not
managed the construction projects at the Underwood Complex and the Archives
and History, Sillers, and Woolfolk buildings in a manner that best protects the state’s interest. The bureau’s actions have contributed to additional costs of approximately $10.8 million for change orders (an amount that could have been reduced with improved oversight), including $192,690 for contracts for personal services (i.e., janitorial and groundskeeping) that should have been provided through DFA’s operations budget. These costs added approximately $6 million in debt service for the state. Also, the bureau has not consistently controlled projects to ensure that they are delivered on time at the lowest possible cost."
Click here for report
Tuesday, April 5, 2011
FOOD FIGHT!!! (of the state government variety)
Well, Speaker McCoy just sent very nice letters to Lieutenant Governor Phil Bryant and Governor Haley Barbour over this post appeared on Cottonmouth:
"This afternoon in a closed door meeting of Republican Senators, Lt. Gov. Phil Bryant told the crowd that 5th Circuit Chief Judge Edith Jones would "take care of" legislative Republicans because Gov. Haley Barbour handled her nomination to the 5th Circuit when he was in the Reagan White House. Bryant went on to regale the caucus with his opinion that Chief Judge Jones would likely appoint Judge Leslie Southwick as the judge from the 5th Circuit, and that if that happened, "Democrats would come to us looking for a deal."
The Lt. Gov. hasn't been to law school, of course, so he may not be aware of the ethical standards to which judges are held. But he ought to know that he just impugned the credibility of not one, but two federal circuit court judges. And he ought to take it back. Immediately."
Mr. McCoy sent this letter to the Lieutenant Governor:
"Dear Lt. Governor Bryant:
I read with interest an Internet post Monday night following a meeting between Republican state senators and yourself. The post quoted you as telling the crowd that the Chief Judge of the U.S. Court of Appeals for the Fifth Circuit, would “take care of” legislative Republicans in the redistricting lawsuit because Governor Barbour had handled her nomination to the 5th Circuit when he worked in the Reagan White House.
Did you make these comments or say anything implying that the Chief Judge likely would appoint a judge favorable to Republican interests? Did you make any comments about the relationship between the Chief Judge and Governor would affect her actions in selecting the panel in the case?
That Internet post was disturbing for several reasons. Judicial integrity and judicial independence have been brought into question by these comments and their references to Governor Barbour’s relationship with the Chief Judge. Please let us hear from you at your earliest convenience.
Sincerely,
William J. McCoy"
and this one to Governor Barbour:
"Dear Governor Barbour:
I read with interest an Internet post Monday night following a meeting between Republican state senators and Lt. Governor Phil Bryant. The post quoted the Lt. Governor as telling the crowd that the Chief Judge of the U.S. Court of Appeals for the Fifth Circuit, would “take care of” legislative Republicans in the redistricting lawsuit because you had handled her nomination to the 5th Circuit when you worked in the Reagan White House. That Internet post was disturbing for several reasons.
I am writing to inquire if you have spoken with the Chief Judge about the legislative redistricting lawsuit. Judicial independence and the appearance of fairness have been brought into question by these comments and their reference to your relationship with the Chief Judge. Also, please tell us why the Lt. Governor would make these allegations regarding you and the Chief Judge. Please let us hear from you at your earliest convenience.
Sincerely,
William J. McCoy"
Wonderful. Just wonderful. And you thought I was too hard on Mr. Bryant in my earlier post.
Governor Ronnie Bryant?
What should have been a routine search for a building to house Department of Revenue employees turned into a minor political civil war in the Mississippi Republican Party. The Department of Revenue commissioned a study to find a more permanent home for 500 employees working in a run-down metal warehouse in Clinton. The study recommended four sites: the Worldcomm building in Clinton, a new building by Whitfield, a building on the I-55N School for the Blind property, and of course, state-owned property on Lakeland Drive and Ridgewood Road.
The estimated cost is $50 million and is to be funded by bonds. Thus the actual cost of the building is not $50 million but instead estimated to be $72 million when interest costs are included (a rate of 3.95% was used in calculations. The estimate will probably be off by a few million dollars but you get the idea. Jackson's 1997 10-year term retirement bonds had a principal of $50 million and interest of $25 million, for example.).
The project has generated no small amount of controversy in the last ten days. Several Jackson politicians and business leaders became aware a mandate to build a $50 million facility for the Department of Revenue on Lakeland Drive was included in the $422 bond bill. They met with Lieutenant Governor Phil Bryant, Senate Finance Committee Chairman Dean Kirby, and several other state officials on a Saturday afternoon (March 26). Senator Kirby and Ed Morgan, Commissioner of the Department of Revenue, made it clear they want to construct the $50 million facility on Lakeland Drive. The site recommendation was postponed until October and the project removed from the bill after the controversy threatened to derail the bill's passage.
A huge uproar among Northeast Jackson residents ensued after news of the proposed $50 million building circulated through emails and was posted on this website. Over 100 neighbors of the proposed Lakeland site met the next day on a Sunday evening at River Hills Tennis Club. To say the crowd was very hostile to the idea of Mr. Morgan building his Lakeland Taj Mahal is an understatement. Leland Speed, Ben Allen, and others led the charge as they spoke out against the project and said they are actively organizing opposition. Mr. Speed appeared on Paul Gallo's radio show Tuesday morning to discuss his criticism. Senator Kirby appeared after Mr. Speed and defended the Lakeland Drive selection and vigorously attacked Mr. Speed's arguments. He claimed none of the buildings downtown could be used as their floors were not strong enough for the weight of all the paper used by Revenue. Mr. Kirby disagreed the taxpayers were going to pay for it twice- through construction costs and then again by the state leasing it to itself. It was quite clear the two gentleman are on opposite sides of this issue.
What is interesting and should be troubling to Republicans is a question that should be asked: How did the Republicans create a situation where its richest donor base is now waging war against the Republican leadership in the Senate in the middle of an election year? The people living in the area are angry, livid, and ready to fight the state tooth and nail. Mr. Speed forcefully reminded the crowd on Sunday many of them donate heavily to the politicians running for office this year that just happen to be involved in this controversy.
Then there is the matter of the project itself. Does the state really need to spend $72 million on a brand new building on prime real estate in Jackson? The state decides to waste money on new buildings and museums while kicking Downs Syndrome kids off Medicaid. Is that going to be Phil Bryant's legacy? Palaces and museums while kids suffer? It can indeed be argued there is no need for such a building. Most of the Department of Revenue employees are paper-shufflers. They don't even need cubicles, just rows and rows of desks. A simple big-box type building with suitable parking can house these employees while the other sections such as legal and administration that need more suitable offices work downtown.
Is this yet another failure of leadership by the Lieutenant Governor? Sources tell this correspondent there are two people driving the decision to place the building on Lakeland Drive: Ed Morgan and Dean Kirby. Mr. Morgan wants a brand new building, a monument to himself, on Lakeland Drive for everyone to see. Total Mr. Kirby is pushing this project but for more cynical reasons. Several individuals, including lobbyists and senators, said Senator Kirby expected opposition to this site but wants to use the opposition as an excuse to place a new building in Rankin County. Senator Kirby also stated in the past he wants to move the Mississippi Highway Patrol and the Department of Revenue to Rankin County.
This is yet again an example of Mr. Bryant either not controlling his chairman or letting his chairman do his dirty work for him. A pattern of Mr. Bryant's leadership is beginning to emerge: an increasing inability to control his chairmen that eventually backfires on him. No one can forget the recent spectacle that took place a few weeks ago: Mr. Bryant botching redistricting so badly the entire Republican leadership from Governor Barbour to the lowliest Republican county chairman had to come together to save his ass as he nearly gave the Democrats a win they could not even have imagined a few months ago despite the spin put forth by other conservative bloggers and activists.
One can only wonder what is going on among the Bryant team of the Lieutenant Governor, Josh Gregory, and Quinten Dickerson, as they first nearly give a huge redistricting victory to the Democrats and now have a group of top Republican donors waging holy war against them in the middle of an election year to stop a project pushed by Mr. Bryant's chairman. However, fate has been kind to the Lieutenant Governor as he has an opponent who has stayed out of the fight so much he has been forgotten by most voters and Democratic opponents who never saw a spending bill they did not like. What Mr. Bryant should do is put a leash on his chairman and tell him to work out a sensible solution with Mr. Speed and Mr. Morgan. The last thing he or the Mississippi Republican party needs is a civil war during an election year. One can only wonder if a Governor Bryant will be more like Governor Musgrove instead of Governor Barbour.
The Empire Strikes Back?
Update from the Beer Wars. The Wall Street Journal reports Anheuser-Busch "agreed to buy Chicago’s Goose Island, which makes such upscale brews as Pere Jacques, a Belgian-style abbey ale, and Matilda, a Belgian-style pale ale. A four-pack of Matilda, which contains 7% alcohol, will set you back around $12.
The acquisition demonstrates how Anheuser is trying to capitalize on the rapid growth in high-end, high-margin beer in the U.S. at a time when sales of mass-market brews are languishing.
Goose Island began as a brew pub on Chicago’s North side in 1988. Now it’s one of the fastest-growing small breweries in the U.S. and part of a renaissance that has transformed a country that was once a laughingstock in beer-making circles into a hotbed of innovation.
The craft-beer segment grew 11% by volume in the U.S. last year, while the industry was down about 1% overall. Crafts account for about 5% of industry volumes and 8% of retail revenue, according to the Brewers Association, an industry group.
Anheuser makes some of its own craft-style beers, like Shock Top, a Belgian-style wheat ale, but Dave Peacock, president of its U.S. division, said Monday: “We really needed to radically change our position in the high end.” Article
Looks like the Beer Wars are anything but cold.
Monday, April 4, 2011
Wouldn't you know it.
Byram PD and Nathan Hargrove get into it at the Hinds County BOS meeting today and strangely enough, no agenda was ever placed on the county website. Anyone surprised?
Click Here to Read More..
Breaking: Barbour switches
Charles Barbour withdrew from the Republican primary for Central District Public Service Commissioner and filed qualifying papers for Senate District #25. The seat is currently held by Walter Michel, who recently announced he will not run for re-election this year.
Meanwhile former Governor Barbour lawyer Joe Nosef wrote on his Facebook page today:
Interesting.
Resolution sets up commission to study PERS.
The Senate passed a resolution (SCR #678) on March 30 that would establish a commission to study PERS if enacted. The commission would be comprised of four members appointed by the Governor, four non-legislative members appointed by the Lieutenant Governor and Speaker of the House, two members of Senate Finance Committee, and two members of House Appropriations Committee. The Governor appoints the chairman. The commission will submit a report to the Governor by December 1, 2011.
Senator Walter Michel said "this is an attempt to bring some independent, private sector expertise to PERS and examine the system." Senator Michel said there was some "push-back" from some Senators who wanted to add state employees (who would have a slight conflict of interest) to the commission so as to dilute the private sector component.
Senator Dearing indeed tried to sabotage the commission by offering an amendment making Pat Robertson, the Executive Director of PERS, chairwoman. Senator Dearing's tried to stuff the commission with state employees by offering an amendment changing the composition of the commission. His commission would consist of nominees appointed by IHL, the Department of Education, the State Board of Community Colleges, four members appointed by Governor and one of those had to be a state employee, two non-legislative members appointed by Speaker and one of them had to be a current PERS recipient, and two non-legislative members appointed by Lieutenant Governor and one of them also had to be a current PERS recipient. The legislative appointments would have remained the same as in the original resolution.
Dearing's amendment failed and the resolution now awaits action from the House.
Meanwhile, the annual report for PERS was released in November. Some quick notes about the report:
It is important to realize one can get a false picture of a retirement system such as PERS by focusing on a one or two year snapshot of market returns and one should look at the twenty or thirty year average when discussing PERS. Ms. Robertson wrote this letter to the Clarion-Ledger in response to Bill Minor claiming PERS was in serious trouble:
"The investment return for the fiscal year that ended June 30, 2010, was reported correctly at 14.1 percent. However, Mr. Minor's reference to the -5.5 percent three-year return, 2.1 percent five-year return and 2.3 percent 10-year return were actually annualized returns and not year-specific. While the system aims for an 8 percent annual return, a more accurate annualized depiction of the system's overall performance is its 20- and 30-year returns, which are 7.4 percent and 8.7 percent, respectively. We are focused on how we perform over many years, not just within pockets of time."
It was enjoyable watching Ms. Robertson taking Mr. Minor to school on basic financial principles, of which Mr. Minor is clueless. However, Ms. Robertson wrote this additional letter in response to other reports of PERS's funding level dropping to 64.2%:
"In fact, based on the June 30, 2010, valuation report prepared by consulting actuary Cavanaugh Macdonald Consulting, LLC (CMC), PERS is projected to have sufficient assets to pay all current and future promised benefits. We are not projected to, nor will we, run out of money by 2023 as reported in The Economist.
Yes, we are living in turbulent economic times, and yes, many public pension systems in the nation are facing difficulties. Admittedly, PERS is not as well funded as it should be or as we would like it to be. Our current funded status on an actuarial basis is 64.2 percent, while 80 percent is the benchmark considered by many to constitute a well-funded plan. Furthermore, the actuary makes certain assumptions when computing liabilities and projecting future assets. These assumptions include that PERS will earn 8.0 percent on its investments over time and that the covered employers (i.e., cities, counties, public school districts, community colleges, universities and state agencies) will contribute at the rate required to fund all promised benefits.
The actuary has projected the need for continued increases to the employer contribution rate over the next several years. However, on a more positive note, PERS earned 14.1 percent on its investments for the fiscal year that ended June 30, 2010, and 10.7 percent through the first three months of this fiscal year. Investment returns like these, that exceed 8.0 percent, may help to lessen the degree to which contribution rates will increase in future years.
Understanding the need for continued employer contribution rate increases requires understanding how PERS reached its current funded status. In June 1998, PERS’ funded status was 85 percent and projected to be 100 percent within 10 years. This led to benefit improvements being enacted in 1999 with the expectation that those improvements would be funded by continued investment gains. Since June 30, 1998, PERS’ accrued liabilities have more than doubled to $36.4 billion as of June 30, 2010, (of which $11.3 billion represents unfunded accrued liabilities) due to growth in the number of retirees, improved mortality rates, the compounding effects of benefit improvements and an investment return over that time period of substantially less than 8.0 percent." Letter on PERS website
Yes, we are in good shape. Yes, we can meet our obligations. Yes, we have decent returns this year. But, we might require an increase in contributions, you understand. Sounds like the Senate understood and said we need to take a real long look at PERS. It will be interesting to see what the House does.
Biaggi's - Just Say No. (Julep Says a Big YES) (This is posted by DWF)
My son and his group of 16 made reservations last Monday for Prom dinner at Biaggi's for this past Saturday. When calling to re-confirm the reservation Friday, the restaurant mysteriously had no reservation, even with the name of the person taking the reservation, and was extremely rude on the phone. They offered no assistance to rectify the matter or help find another restaurant. In fact, they as much said "We don't want your business".
Ah, well, let me just say Julep was more than happy to reserve a large table for a group of 16, and the kids had wonderful food, an attentive server, and were extremely happy to have it all work out. They arrived in their Hummer limo, were treated like royalty at Julep, and the restaurant staff let them take photos and encouraged them to enjoy themselves. They even had someone take a few pictures for them inside and outside getting in and out of their limo.
A big thumbs up to Julep, who saved a special night for a group of thankful teenagers.
Sunday, April 3, 2011
Poll: Bryant way out in front
Public Policy Polling of North Carolina released a poll showing Lieutenant Governor Phil Bryant with a huge lead over all challengers. The results should come as no surprise to anyone. Mr. Bryant's recent miscues are issues the average voter does not notice. His opponents have made little or no effort to exploit them and in fact, their campaigns are making them the best-kept secrets in the state. Meanwhile, Mr. Bryant gives a good stump speech and has been working the state for four years in anticipation of this race.
The poll states:
"Bryant already has majority support against either DuPree (56-25) or Luckett (53-27). But Dennis also leads DuPree, 41-28, and Luckett 43-25. Holliday has the lowest profile, and therefore leads DuPree only 37-28 and Luckett by an almost identical 38-28. No Democrat can top 28%, but the more voters know the Republicans, the more willing they are to vote for them. Bryant is pulling 23% or 28% of Democrats and leading with independents by 22 or 23 points. Dennis and Holliday are doing not quite as well with Democrats but a little better with independents."
One note to consider: the poll apparently was not conducted through telephone interviews as the respondents were told to push buttons on their telephone.
Man rapes 3 year-old daughter. Was Judge Green's suspension of his sentence legal?
Here is the file of Jake Bias. It's not much, as he pled guilty only a few months after a Hinds County grand jury indicted him for statutory rape. Mr. Bias raped his 3 year-old daughter and gave her two STD's. Judge Tomie Green sentenced him to 20 years and suspended 5 years of the sentence. Mr. Bias currently resides in the Hinds County jail.
Section 97-3-65 (3)(c) of the Mississippi Code states "(c) If eighteen (18) years of age or older and convicted under subsection (1)(b) of this section, to imprisonment for life in the State Penitentiary or such lesser term of imprisonment as the court may determine, but not less than twenty (20) years;"
The victim will be under the age of 21 when Mr. Bias is released, assuming he serves his full sentence of course. The defendant agreed to an open plea. Under an open plea, the District Attorney makes no sentencing recommendation to the court so there is a "deal" on the sentence. The judge has full discretion to impose the sentence. Article WLBT reported the victim was the daughter of the rapist:
"HINDS COUNTY, MS (WLBT) - A 27 year old Jackson man was sentenced Tuesday to 20 years in prison for a sex crime against his 3-year-old daughter.
Last October, Jake Jerome Bias was arrested and charged after the victim's mother took the child to the University Medical Center where doctors discovered the toddler was infected with two venereal diseases.
After questioning, Bias confessed to having sex with the child.
Hinds County Judge Tomie Green ruled bias must serve 15-years of his 20-year sentence. Five years were suspended."
Disgusting. Disgusting because apparently Judge Green gave him the minimum sentence and also has no authority to suspend part of his sentence. Period. Section 47-7-33 of the Mississippi Code states:
"(1) When it appears to the satisfaction of any circuit court or county court in the State of Mississippi, having original jurisdiction over criminal actions, or to the judge thereof, that the ends of justice and the best interest of the public, as well as the defendant, will be served thereby, such court, in term time or in vacation, shall have the power, after conviction or a plea of guilty, except in a case where a death sentence or life imprisonment is the maximum penalty which may be imposed or where the defendant has been convicted of a felony on a previous occasion in any court or courts of the United States and of any state or territories thereof, to suspend the imposition or execution of sentence, and place the defendant on probation as herein provided, except that the court shall not suspend the execution of a sentence of imprisonment after the defendant shall have begun to serve such sentence. In placing any defendant on probation, the court, or judge, shall direct that such defendant be under the supervision of the Department of Corrections. "
The maximum penalty for Mr. Bias's crime is life imprisonment. Judge Green had no authority under the statute to suspend five years of what was the minimum sentence. The District Attorney should appeal this sentence to the higher courts if the law allows him to do so, as Bias should be serving "20 for 20". Judge Green's actions are simply despicable.
Saturday, April 2, 2011
Jesse Robinson tonight at Olga's
Spend tonight at Olga's with Jesse Robinson. Yes, Mississippi Bluesman Jesse Robinson performs at Olga's from 7:00 to 10:00 Saturday night. Good food, good drinks, good music. Make your reservation now.
This post is a paid advertisement.
Click Here to Read More..
Friday, April 1, 2011
FOOD FIGHT!!!
You simply.can.not.make.this.up. Her Laddness published an April Fool's Joke on the Jackson Free Press website today:
"In an exclusive interview with the Jackson Free Press, Mississippi Gov. Haley Barbour has broken with the Republican Party's tough-on-crime stance to press state legislators for an end to the death penalty in the Magnolia state.
"I had a 'come-to-Jesus' moment when I realized how much putting a man to death was costing the good people of Mississippi," Barbour said. "All y'all know my position on spending unnecessary money: In these tough economic times, it just makes good fiscal sense to keep 'em locked up forever instead of putting 'em to death..."
Article
The story now has a satire label on it. Problem is, it didn't have one most of the day and more than a few people thought the story was true. Death penalty opponent and attorney Jim Craig posted on his Facebook page:
"Note: the JFP story claiming that Gov. Barbour plans to seek repeal of the death penalty is an April Fool joke."
Well, a food fight broke out as some people were not amused. Here it is for you um, review:
"Judi Manning: Some damned joke. What MORON thought that one up?
5 hours ago
Jim Craig: I'm sure it was meant to be supportive. They must not have thought about the effects on friends and family of the prisoners. 4 hours ago
Judi Manning: Apparently, but when I get done with them, be assured they'll know it. 4 hours ago
Valerie Lauro Nettles: That joke makes me nauseated 4 hours ago
Eric Ray: Wow. Poor taste. 4 hours
Jim Craig: I'm sure they meant well - they've always been with us in this fight. 4 hours ago
Donna Ladd: Folks, all of the links in the story about the costs of the death penalty are real. This satire is meant to make a point. An anti-death penalty one. 4 hours ago
Judi Manning: Regardless of links and intent, it is still disturbing and unacceptable. 4 hours ago
Donna Ladd I disagree with you, Judi, but of course you're entitled to your opinion. 4 hours ago
Jim Craig: I posted simply because I was getting emails from folks taking it literally. 4 hours ago
Donna Ladd: Understood, Jim. There is a link at the bottom of the story revealing it as untrue. But seriously, we purposefully chose this topic because it was a chance to get people to read information about the "costs" of the death penalty who wouldn't otherwise. Our resident expert on the issue, Ronni Mott, wrote it because she knows the issue so well. We believe in satire as a different way to make people think, and hope to do it more often (inspired, in part, by folks like Jon Stewart, of course 4 hours ago
Jim Craig: I understand. I've always appreciated the JFP's contribution to this struggle. 4 hours ago
Judi Manning: I had people calling me and actually crying tears of joy and relief only to find out it was a hoax. These people have loved ones on DR and are now extremely crushed and now trying to pick up the pieces once again. No matter HOW you spice up the reason, it was still a disgusting and juvenile thing to do. 4 hours ago
Donna Ladd: I'm not spicing up anything. It was written and meant as satire to make a point about our governor and his position on this issue, which makes no sense whatsoever. Folks who assumed it was true must have just scanned it and not read the story. The "quotes" were over-the-top ridiculous in an Onion kind of way. Regardless, though, I'm not trying to convince you. We can agree to disagree, and continue fighting the battle in our own ways.
4 hours ago
Donna Ladd: Ronni Mott posted this quote on her FB page: "Humour is the weapon of unarmed people: it helps people who are oppressed to smile at the situation that pains them.” —Simon Wiesenthal 4 hours ago
Judi Manning: Nobody 'smiled' about this one. 4 hours ago
Donna Ladd: The point of satire isn't always to make people smile -- although I do know people who smiled at this who are ardent opponents of the death penalty. Not everyone gets to the same place in the same way. 4 hours ago
Justin Cook: I thought it was pretty obvious satire myself. Decent satire at that. 4 hours ago
Donna Ladd: This note on Rep. Mayo's site might interest y'all. I encourage you all to join the larger conversation there about the death penalty with folks who don't agree with us: http://www.facebook.com/notes/john-mayo/a-cruel-joke/206647796030514
Judi Manning: Stop defending this assinine joke. There's no way to explain the turd in this punchbowl. 2 hours ago
Donna Ladd: Nice one, Judi. No one is trying to explain any turds. We are trying to have a real conversation about the death penalty. I invite you to join us. Your insults mean nothing to me. 2 hours ago
Judi Manning: Yours mean nothing to me. I am not insulting you. I am disgusted with this whole fiasco. If my comments are so insignificant, then shut up.
Judi Manning And yes, this is about this biggest crock of s**t I've seen in quite a while. 2 hours ago
Donna Ladd: Ms. Manning, with due respect, do not tell me to shut up. I am trying to be respectful to you despite our disagreement, and I request that you do the same. 2 hours ago
Jim Craig: Can this be taken to a forum other than my Facebook page please?
about an hour ago"
and here is Representative Mayo's note on Facebook:
"A Cruel Joke by John Mayo on Friday, April 1, 2011 at 5:37pm
I just got a call from a lady in Wisconsin thanking me profusely for my opposition to thje death penalty (only member of the legislature who publicly opposes capital punishment) and thanking me for getting the governor for coming to "our" side.
I said, "Lady what are you talking about?" She forwarded me a "breaking news story" from the Jackson Free Press that the Governor would ask the legislature Monday to abolish the death penalty.
While, I certainly would hope he or any other governor did, had she read to the next page she would have found it was an April Fool's joke.
I am a supporter of a free and unfettered press and I like a good joke as well as the next person. But, this is cruel and tasteless. And, since the JFP calls me often for a "good" quote, I also believe in "not until you apologize" to the people you have offended.
The death penalty is nothing to joke about, JFP."
Jefferson County tries to avoid bankruptcy
The Wall Street Journal reported this week Jefferson County, Alabama is struggling to avoid bankruptcy:
"Officials of Alabama's Jefferson County are expected to meet with state lawmakers Wednesday to discuss how to avoid filing the largest municipal bankruptcy in U.S. history after a court disallowed a local tax.
The county, which has said its expenses will exceed its income by sometime in July, has been staving off bankruptcy for about three years, after absorbing $3.2 billion of debt resulting from a series of corrupt and disastrous decisions in financing a sewer-improvement project....
The debt is the product of several financing decisions in the 2000s, such as borrowing at variable interest rates and using bond insurers that were later weakened in the credit crisis. Compounding problems was Jefferson County's use of derivatives called interest-rate swaps, with which it bet the wrong way on the direction of interest rates.
Several former Jefferson County officials have been convicted on corruption charges related to sewer-bond dealings.
If Jefferson County were to pursue a bankruptcy, its filing would be the largest ever by a municipality. Orange County, Calif., set the record in 1994 with around $2 billion of debt from various obligations.
Government officials generally try to avoid bankruptcy because a filing can result in higher future borrowing costs for not only the municipality that files, but also nearby local governments and the state itself...." Article
If Hinds County is forced to seek such a bailout one day, the state by all means should approve such a bailout...... while requiring the resignation of the entire board of supervisors.
Thursday, March 31, 2011
More on the recusal ruckus
Got an email from someone about Judge Reeves and Judge Graves. I don't have time to dissect it right now so I'm going to post it here and let you guys have some fun with it.
From the NAACP website...
Its from the NAACP’s website on voter volunteering. Look at “CALL CENTER PROCESS”, Step 3 and see who is listed as a contact. None other than Carlton Reeves. We have a conflict, and its from the NAACP’s own website.
there’s also this
“Hearing Held for Walthall Students”
Mississippi Political.com story
Article from Mississippi Center for Justice
As far as follow-up, the African American students were placed in alternative school for the remainder of the school year, but will be allowed to return to their regular school in the upcoming fall semester. Their parents are represented by noted civil rights attorney Carlton Reeves, and their hearing has been postponed. The hearing was probably postponed once the campus video tape showed that the parents did not participate in any altercation at the school. Dexter Attendance Center Principal Jerry Piget has resigned, and Walthall County Schools Superintendent Greg Ellzey has decided not to seek re-election. I cannot say as to whether or not either’s decision is directly related to the assault of the black children. The NAACP is set to meet with the Department of Justice in the next couple of weeks to determine if federal/civil rights charges will be filed against the bus driver and the district. For other questions, contact the NAACP or attorney Carlton Reeves"
One perfect example of why people are leaving Jackson.
GREAT example in the Clarion-Ledger today:
"The mother of a 3-year-old girl says the 27-year-old man who raped the child and gave her two sexually transmitted diseases should have gotten life in prison.
Jake Jerome Bias pleaded guilty this week to statutory rape and faced from 20 years to life in prison.
But he only has to serve 15.
Hinds County Circuit Judge Tomie Green sentenced him to 20 years, but suspended five. He will serve three years on probation after his release."
Sweet Potato Queens and the Zippity Doo Dah Parade: Yam? or Yawn?
Various feedback regarding the first annual SPQ Zippity Doo Dah Parade is anywhere from "I wish the Sweet Potato Fools would just strut their stuff right out of Mississippi", to "Amazed at the vitriol toward the SPQs. They have been very good for Jackson."
No one actually came back to post after the parade, probably because the post was so far down the line by that time. Jill Conner-Browne's daughter Bailey, however, did come to the defense of her Mom and the SPQ dynasty:
" I wonder if any of you have met my mother, read her books, or have any idea who/what you are actually passing judgment on? The books have a positive, uplifting message amid the humor. Just because the humor is not in your taste does not mean you have to publicly bash her. She and Kyle do not drink and none of the actual Queens do at the festivities. Also, my mother and Malcolm are not having some childish, egotistical, power struggle. It's not really any of your business what went into the decision process for the creation of a separate parade and none of it was really broadcast for that matter. If you're a resident of Jackson, one would think you would appreciate the money they ALL bring in. No one is on bad terms with anyone. I still go in Hal & Mal's all the time and get treated very well!"
I am very glad to hear there is no rift between Jill and Malcolm. I do hope that statement is true. I believe there is more to the story concerning the actual "break" between the two, but it's all supposition on my part. I perused the photos of the SPQ parade online at the Clarion Liar website, and it looked as if everyone had a good time. I would love some feedback on the parade and activities from those who attended. Please post and let us know. Was it largely attended? Were the wannabes drinking and drunk? Do we really need two parades back-to-back?
I'm all for raising money for Blair Batson, but I'm still not convinced the SPQs are really thinking about sick and terminally ill children. Maybe publishing the financials of the ZDD parade would convince us all. If they advertise giving "all" money to Blair Batson, let's see it.
Let the comments begin................................
Wednesday, March 30, 2011
Animal Cruelty bill passes House
Senate Bill #2821, the animal cruelty bill, passed the House a few minutes ago. The vote was 117-5. The bill cleared the conference committee and was approved by the Senate yesterday. The bill will now head to the Governor's desk.
Click Here to Read More..
Judge Jordan recuses himself
Judge Dan Jordan, III recused himself this morning from the NAACP's redistricting lawsuit against the state of Mississippi and various state officials. The case has been reassigned to Judge Carleton Reeves, former President of the Magnolia Bar.
Latest minutes
Here is the latest roundup of minutes from various local government bodies:
Hinds County Board of Supervisors minutes from February 28, 2011 (redistricting).
Hinds County Board of Supervisors minutes from March 7, 2011.
Rankin County Board of Supervisors minutes from March 3, 2011.
Madison County Board of Supervisors minutes from February 7, 2011.
Madison County Board of Supervisors minutes from February 21, 2011.
Ridgeland minutes from March 1, 2011.
Levee Board minutes from February 14, 2011.
PRVWSD minutes from February 17, 2011.
Mississippi Wireless Communications minutes from January 6, 2011 board meeting.
The contenders start to appear
Local attorney and former Governor Barbour crony Joe Nosef posted this message about Walter Michel's seat on Facebook this morning:
"Just wanted my Facebook friends to know that I'm seriously considering a run for Miss. Senate (District 25 Madison/Hinds). In the coming days I'll be talking to donors, supporters and potential staff. I will make a decision soon even though the qualifying deadline is June 1. I will be honored to have your support if I run - I'll keep you posted."
Click Here to Read More..
Tuesday, March 29, 2011
Germany responds
Local attorney Bob Germany responded yesterday to the lawsuit filed against him by his wife. Ginger Murphree Germany sued her husband, Robert Germany, and his alleged paramour, Holly Morgan in Madison County Circuit Court on February 24, 2011. Mrs. Germany charged Mr. Germany with "breach of contract", "fraud, deceit, and deception", "constructive trust and unjust enrichment", "conversion", "accounting", "intentional infliction of emotional distress", "negligent infliction of mental distress", "alienation of affection", "intentional infliction of mental distress", "negligent infliction of mental distress", and a request for injunctive relief. Mr. Germany achieved some fame in the Mississippi legal community when he was one of the lawyers who obtained a huge settlement with tobacco companies on behalf of the state of Mississippi several years ago and is considered one of the leading plaintiff's attorneys in the state. Mr. Germany denied all allegations of misconduct, including adultery.
Earlier post containing details of lawsuit, including copy of complaint.
Read 'em and weep. Here is what's in the bond bill.
Wondered what exactly is in #3100? Here ya go. This is what $422 million dollars gets the taxpayers of Mississippi (warning: I created this list so no plagiarism by other websites, hint, hint.):
By the way, Senator Hob Bryan defended the price tag yesterday. He compared it to when someone buys a home, the size of the debt at closing seems staggering but then the homebuyer pays it down. Yes Hob, and many of those homebuyers LOST their homes because they could not afford the house or the interest. Charlatan.
Monday, March 28, 2011
Coming platform collapse at RIM?
Michael Mace, former VP of Product Development at Palm, publishes a pretty good mobile phone industry blog. He wrote a post last fall about a possible coming "platform collapse" at RIM. It received a great deal of attention in the industry and more than a few long comments on his blog. If you're a phone geek who gets into this sort of thing, not a bad post to read. Warning. its long. Original post. Shorter but updated post from December. Read original one first.
Click Here to Read More..
Governor submits revised budget (Copy included).
Governor Barbour released a revised budget proposal today. Governor Barbour wrote:
I propose spending $5.447 billion in FY 2012, which is $30 million more than
legislators agreed upon in their own budget recommendation in December and
$45 million above my original budget. I do not believe revenue will rebound
significantly in the coming year. My offer to spend $45 million more than I
recommended in the EBR, albeit reluctant, is a significant compromise.
The House has added almost $100 million more revenue since the Legislative
Budget Recommendation was adopted in December, including $68 million in
nonrecurring revenue. The House would spend $475 million in nonrecurring
revenue in FY 2012 and would leave only about $180 million in reserves. The
House also would spend $15 million more in FY 2012 than this year. The House
plan is predicated on hopes, not economic reality.
My plan would reduce nonrecurring revenue spending from the $507 million
originally proposed by the House to $407 million – a $100 million reduction. By spending less now, my plan would leave $231 million in the state’s reserves for my successor and the next Legislature. Saving now allows us to avoid tax increases and drastic cuts later..."
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