Showing posts with label Eating Their Young. Show all posts
Showing posts with label Eating Their Young. Show all posts

Tuesday, February 2, 2010

Related to the Post Below: Ox is at it Again

At least Oxendine has the courtesy to hit the flashing blue lights when he's cruising around you on Georgia highways.
The Georgia Interblogs are lighting themselves up with this story in yesterday's AJC about Oxendine politicking down and dirty with Congressman Lynn Westmoreland.

From the AJC:
"U.S. Rep. Lynn Westmoreland said Monday that he believes Insurance Commissioner John Oxendine used an investigation into a failed insurance company in an attempt to pressure him to take a low profile in the governor’s race.
...

"Westmoreland said Oxendine never said anything explicit, but the congressman said he felt a message was being sent. He said Oxendine said to him repeatedly that he would try to keep his name from becoming public as a favor."
As you can tell by the fact that you're reading this here, Oxendine didn't keep his word.

Monday, February 1, 2010

Fight Over Transportation Spilling Out of state Capitol Complex

AJC's Political Insider is saying that Perdue is now colliding with Congressman John Lewis over the state's inability to lockdown federal monies for high speed rail.

Friday, January 29, 2010

Governor Reacts to DOT Board Accounting Changes

This story seems to be getting more complicated all the time. An auditor I talked to yesterday said that the change in accounting practices--from accrual to cash and back to accrual--should not be the main issue here as the two practices are really just different ways of looking at a budget and spending plan, and are commonly used interchangeably to give a more holistic view of an organization's financial well being.
Yes! That means I was wrong, I think?
But this clearly shows that the parties in Atlanta are circling the wagons and getting ready for a showdown.
From the Governor's Office:

Statement of Governor Sonny Perdue Regarding DOT Board Action on Accounting Methods
Thursday, January 28, 2010 Contact: Office of Communications 404-651-7774

ATLANTA – Governor Sonny Perdue issued the following statement today regarding actions by the DOT Board in defying the State Auditor and voting to change the department’s accounting methods:

“Today’s action by the DOT Board exhibits a clear defiance of state law and a frightening lack of concern for our state’s financial systems.

The state’s finance team, along with SRTA, identified an opportunity to refinance outstanding bonds for road projects and save DOT a total of $22 million in debt service, including $16 million in FY 2011. Given the uncertainty that has now been unnecessarily created by the Board, we cannot proceed with the refinancing at this time.

The Board is refusing to heed the sound advice of the State Auditor and the department’s own legal and financial staff. Previous Attorney General opinions also make it very clear that the department must follow the same accounting procedures as the rest of state government.

While I am incredibly frustrated that we are forced to pass up a substantial savings opportunity, I am more concerned that this Board continues to act irresponsibly and show such little regard for the state’s conservative fiscal management policies.”

###

Friday, December 11, 2009

Ax the Inventory Tax?

The Savannah Morning News has this editorial about killing the tax on unsold items that remain on the showroom floor in Georgia retail businesses.
The brusquely-worded editorial makes me take pause in wondering how objective the writer is on the subject:
"Nearly all states have eliminated this obnoxious levy, which poisons business growth, destroys jobs and unfairly soaks the private sector. Georgia, unfortunately, has not.
Some Georgia lawmakers have tried to drive a stake through the tax's ugly heart, only to be beaten back by local governments and public school systems that, unfortunately, rely on this source of revenue to help pay the bills."
"

But some Baldwin County Commission watchers may remember Commission Chair James "Bubba" Williams asking County Attorney David Waddell what can be done locally to banish this intrastate development deal breaker.
As the editorial says, local governments receive the majority of proceeds--voters will have an opportunity to ax the state's cut of the invo tax in 2010. But I don't know of any local governments who are either socking away reserve funds or signing tax rebate checks this year, so expect it to be a subject of hot debate during this session of the General Assembly.
Gold Dome Legislators will try to exploit any opportunity to leave the Capitol having cut taxes without disturbing state coffers.

Tuesday, December 8, 2009

The Race Is On

News broke yesterday evening that state House Speaker Pro Tempore Mark Burkhalter, R-Johns Creek, sent an e-mail to the Republican House Caucus saying that he will decline the Speaker's gavel and call a vote to elect a new Speaker first thing in the next session, if not sooner.
Read this Political Insider post to get the details. Peach Pundit also is dedicating all resources to the broad scope of this story.
The Republican House Caucus is reportedly meeting either in Atlanta or at Mercer University some time later this week. I, myself, have no idea whether that could be an appropriate venue for a vote on who will be the next Speaker.
On further consideration, I imagine all these decisions are going to be made on the caucus level before they reach the floor of the House.
But any way you look at it, this story continues to twist and turn and it will be some time before some semblance of normalcy returns to the Gold Dome. And by normalcy I guess I mean unattractive people being treated like supermodels for forty days at the beginning of each year--oh yeah and at some point they'll have to pass a budget or two.
One insider I spoke with characterized the happenings at the Capital as the Republicans eating their young.
This all, of course, elicits questions about how Susan Richardson got before the Fox Five cameras for the television blurb that brought Speaker Glenn Richardson's downfall. But being One Capital Removed, we have nothing but wild speculation on that so there's no point in validating negative critiques of the mainstream media.