Economic news:
- Germany’s AAA credit rating on ‘negative outlook’
- Tim Duy’s Fed Watch: Is There Even a Panic Button in Europe?
- Philadelphia Federal Reserve Bank’s latest index shows weakening conditions in a number of states
- Washington Post: CBO: Court ruling cuts cost of health-care law, but leaves 3 million more uninsured
- NYT: Fed Leaning Closer to New Stimulus if No Growth Is Seen
- AJC: Some good news: Metro Atlanta home values down and still falling, but not as fast
- Nicholas Mangee column in the Savannah Morning News: Our economic times: A fraudulence for the ages
Well, a few Georgians are voting for T-SPLOST:
- Former Gov. Roy Barnes, Atlanta Mayor Kasim Reed take T-SPLOST pitch into heart of anti-tax movement
- Metro Atlanta faces ultimate test of whether we are a cohesive region
- A Savannah bicycling advocate endorses T-SPLOST
More from the Savannah area:
- Ogeechee decision: Win for Georgians
- Ogeechee River Businesses Hopeful After Judge’s Ruling
- Paula Deen is 4th highest-paid chef in the world
- Tybee dune-moving penalty could top $1 million
- Three casino cruise officials indicted
Other stuff:
- State and National Polls Tell Different Tales About State of Campaign
- Andy Coulson and Rebekah Brooks charged over phone hacking
- Mike Huckabee’s distraction in Chick-fil-A food fight
- Can Data Mining Stop the Killing?
- Rush Is on for Penn State Players and Recruits
- RIP Sherman Helmsley
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Roy Barnes speaks in favor of TSPLOST? I don’t think that will help it pass.
Bucky Johnson, mayor of Norcross and chairman of the Atlanta Regional Rountable, was quoted this morning on WSB saying that Chip Rogers had an opportunity to influence the project list as a non-voting member, but he failed to show up to any of the roundtable meetings. He says he wants a new list, but I’m not sure how much motivation he’ll have to act next session after having been challenged by a GDOT board member-that is, if he’s still there.
We’re hoping for and pushing hard for a YES vote in Douglas, Coffee County, the Capital of the Other Georgia. With the vote appearing dead on arrival in as many as 3 of the other regions, here’s to hoping a majority of the remaining 9 have a good day for Georgia.
I wonder if the General Assembly will impose sanctions on its members who do not back the T-SPLOST like they will on the Counties that do not vote for it. If Counties will lose state funding, the Senators should lose chairmanships or leadership positions for not supporting the proposal that they pushed through. #hypocrisy
I find it rather bizarre how so many lawmakers are screaming about Obama/care yet voted for Medicare Part D. Both sides are great at pointing fingers and tell their base what they want to hear over solving the problem. I saw so called conservative Erick Cantor telling us he wants to give the American people what they want via healthcare, and I saw Pelosi spewing the same BS……….. Why not start with what can we afford?
…………Medicare Part D will cost $1 trillion.
Moreover, there is a critical distinction–the drug benefit had no dedicated financing, no offsets and no revenue-raisers; 100% of the cost simply added to the federal budget deficit, whereas the health reform measures now being debated will be paid for with a combination of spending cuts and tax increases, adding nothing to the deficit over the next 10 years, according to the Congressional Budget Office. (See here for the Senate bill estimate and here for the House bill.)
Maybe Franks isn’t the worst hypocrite I’ve ever come across in Washington, but he’s got to be in the top 10 because he apparently thinks the unfunded drug benefit, which added $15.5 trillion (in present value terms) to our nation’s indebtedness, according to Medicare’s trustees, was worth sacrificing his integrity to enact into law. But legislation expanding health coverage to the uninsured–which is deficit-neutral–somehow or other adds an unacceptable debt burden to future generations. We truly live in a world only George Orwell could comprehend when our elected representatives so easily conflate one with the other……….
http://www.forbes.com/2009/11/19/republican-budget-hypocrisy-health-care-opinions-columnists-bruce-bartlett.html
Mayor Reed and John Evans (DeKalb NAACP) get into it on V103 this morning.
http://blogs.ajc.com/political-insider-jim-galloway/2012/07/25/your-morning-jolt-kasim-reed-slams-dekalb-naacp-chief-over-tsplost/
“How many people has he ever employed? How many businesses has he brought to the city of Atlanta?”
The fight that Reed has shown as of late after weeks of seemingly being absent from the campaign is very admirable, but, unfortunately for Mayor Reed and Company this aggressive approach is likely too little, too late and likely was so from the moment that people started reading the project list.
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