New Mexico Governor Bill Richardson vetoed a bill to raise legislator pensions. Meanwhile, New Jersey's pension mess news gets worse.
Meanwhile, Kentucky's inaction on its retirement system problems and rich legislator pensions are sending us in the direction of New Jersey.
Monday, April 09, 2007
Sunday, April 08, 2007
Kentucky Hurting Access To Higher Education
I was comparing notes with my brother-in-law today about colleges. When he was a student at the University of Kentucky, I was at the University of Georgia. And our tuition payments were almost identical. Fast forward to today, when I am considering sending my son to Georgia Tech. Tuition at UK is nearly double what it is at Tech, a unit of the University of Georgia System.
Part of the difference is Georgia has the HOPE scholarship, the nation's largest state-financed, merit-based aid program. What it has helped create is a market for success in the classroom. The original requirement for the scholarship was a 3.0 GPA. The promise was tuition-free education at state schools. Currently, that is a joke. A 3.0 won't get you admitted.
The merit-based scholarships have served to keep tuition costs down and that is a lesson Kentucky would do well to learn from.
The KEES scholarships may have done a little to increase access to higher education in Kentucky. A nice goal. But that nice goal is undermined by the tuition inflation that results.
Part of the difference is Georgia has the HOPE scholarship, the nation's largest state-financed, merit-based aid program. What it has helped create is a market for success in the classroom. The original requirement for the scholarship was a 3.0 GPA. The promise was tuition-free education at state schools. Currently, that is a joke. A 3.0 won't get you admitted.
The merit-based scholarships have served to keep tuition costs down and that is a lesson Kentucky would do well to learn from.
The KEES scholarships may have done a little to increase access to higher education in Kentucky. A nice goal. But that nice goal is undermined by the tuition inflation that results.
Billy Harper Ad: No Tax Increases
The Associated Press says Billy Harper is using humor to win votes. I think his latest ad is a solid effort to set himself apart, but I didn't think it was funny. That's not a criticism. I think the ad will draw some attention, like it did here.
Saturday, April 07, 2007
How Would A Jody Richards Meltdown Change Race For Democratic Nomination?
The Rural Democrat is reporting Jody Richards' gubernatorial campaign staff appears to have left their jobs. Don't know if it is true, but with no press releases in two and a half weeks, it appears they were running low on steam anyway.
I would guess that a lot of the people who are currently Richards supporters aren't really thinking about winning the race and are instead hoping to curry favor with the Speaker of the House. So who do they jump to next?
Bruce Lunsford.
Lunsford is the front-runner and has the cash to dominate a run-off. He will then control the party, just like Chairman Jerry Lundergan wants him to. Follow the power.
10:03 Update: The Richards campaign responded by saying the campaign staff members didn't quit, but were fired.
I would guess that a lot of the people who are currently Richards supporters aren't really thinking about winning the race and are instead hoping to curry favor with the Speaker of the House. So who do they jump to next?
Bruce Lunsford.
Lunsford is the front-runner and has the cash to dominate a run-off. He will then control the party, just like Chairman Jerry Lundergan wants him to. Follow the power.
10:03 Update: The Richards campaign responded by saying the campaign staff members didn't quit, but were fired.
If You Are Still Waiting For The Economy To Collapse, The Wait Just Got A Little Longer
American business just keeps roaring along. And no one tells the story quite like Larry Kudlow.
If you really want to see a recession, though, why don't you just raise taxes:
If you really want to see a recession, though, why don't you just raise taxes:
Friday, April 06, 2007
Boyfriend Benefit Bombshell: Attorney General Greg Stumbo Caught Between Rock, Hard Place
Attorney General candidate Stan Lee has asked AG Greg Stumbo for an official Opinion on the constitutionality of the state's public universities offering taxpayer-subsidized domestic partner benefits to their employees.
GOP Battle Goes On The Air Monday Night
The Republican gubernatorial candidates appear on KET Monday night at 8 pm to debate each other in what will be the biggest event of the race so far.
Governor Fletcher doesn't need to score a knockout punch, but he will have to talk with authority about tax modernization, the projected surplus, Medicaid, roads and private sector jobs to avoid taking any body blows himself.
Anne Northup needs very much to land a knockout punch, but she better appear not to be fighting at all and, instead, must go heavy on a positive, detailed message.
Billy Harper stands to gain the most ground in the horse race if Northup and Fletcher get tied up. I think, realistically, Harper comes out of this stronger if he demonstrates conclusively that he belongs on the same stage as his competitors. Still has a way to go to get into the mix, but could easily pick up a few points. Harper's role is to appear at-ease and on-message but not comical or dogmatic. If he pulls that off, the race for second place could get interesting.
Governor Fletcher doesn't need to score a knockout punch, but he will have to talk with authority about tax modernization, the projected surplus, Medicaid, roads and private sector jobs to avoid taking any body blows himself.
Anne Northup needs very much to land a knockout punch, but she better appear not to be fighting at all and, instead, must go heavy on a positive, detailed message.
Billy Harper stands to gain the most ground in the horse race if Northup and Fletcher get tied up. I think, realistically, Harper comes out of this stronger if he demonstrates conclusively that he belongs on the same stage as his competitors. Still has a way to go to get into the mix, but could easily pick up a few points. Harper's role is to appear at-ease and on-message but not comical or dogmatic. If he pulls that off, the race for second place could get interesting.
Get Ready For Nuclear Energy
Call it New-clee-uhr or New-cyoo-luhr or whatever you want to, but now is the time to get used to the idea of getting more of our energy from nuclear power plants.
Herald Leader Points Finger At Teachers Union
The Lexington Herald Leader this morning rolls out the laundry list of problems with Kentucky schools, calls for differential pay for teachers, and smacks the KEA for playing politics with a sincere Senate effort to help.
Predictably, the Herald Leader stopped there. Saying only that something has to be done -- and throwing in a jab at the Senate initiative for mandatory ACT exams as not being the answer -- the editorial stopped short right in front of the answers.
One of them is raising standards for middle school students. If we are succeeding in primary grades and failing in high schools, the obvious place to start looking is in middle schools. Indeed, local efforts to expect more from middle school students have been effective.
Another is to implement some elements of school choice. An honest discussion about what has worked in other states would be extremely enlightening and productive.
And a third thing to do is to stop listening to the Kentucky Education Association. Their only function is to whine about salaries. Look at their own legislative action web page. They only care about protecting the jobs, salaries, and pensions of teachers and stopping any effort to pay more for better teachers. That's how you protect mediocrity. And I don't blame the KEA for this. They aren't being hypocrites. They are a labor union. They are doing what they are supposed to do and are obviously effective at it. I blame those in the media who expect them to be experts on education and look to them for leadership on education policy. When you want a photo-op with hundreds of teachers screaming about their doctor co-pays, call the KEA. But stop expecting them to fix what ails our schools. Parents need to band together to make that happen. And we don't need state help to do much of that. If we go school to school and start retaining middle schoolers who flunk more than one class each year, most of the borderline students will figure out how to stay on track.
Only then will they be sufficiently prepared for high school. And if we can accomplish that, newspapers like the Herald Leader will be less likely to look to the teachers union for education policy advice.
Predictably, the Herald Leader stopped there. Saying only that something has to be done -- and throwing in a jab at the Senate initiative for mandatory ACT exams as not being the answer -- the editorial stopped short right in front of the answers.
One of them is raising standards for middle school students. If we are succeeding in primary grades and failing in high schools, the obvious place to start looking is in middle schools. Indeed, local efforts to expect more from middle school students have been effective.
Another is to implement some elements of school choice. An honest discussion about what has worked in other states would be extremely enlightening and productive.
And a third thing to do is to stop listening to the Kentucky Education Association. Their only function is to whine about salaries. Look at their own legislative action web page. They only care about protecting the jobs, salaries, and pensions of teachers and stopping any effort to pay more for better teachers. That's how you protect mediocrity. And I don't blame the KEA for this. They aren't being hypocrites. They are a labor union. They are doing what they are supposed to do and are obviously effective at it. I blame those in the media who expect them to be experts on education and look to them for leadership on education policy. When you want a photo-op with hundreds of teachers screaming about their doctor co-pays, call the KEA. But stop expecting them to fix what ails our schools. Parents need to band together to make that happen. And we don't need state help to do much of that. If we go school to school and start retaining middle schoolers who flunk more than one class each year, most of the borderline students will figure out how to stay on track.
Only then will they be sufficiently prepared for high school. And if we can accomplish that, newspapers like the Herald Leader will be less likely to look to the teachers union for education policy advice.
Thursday, April 05, 2007
Time To Push Back Against Bad Health Reform
Emboldened by his $25 million of free speech -- er, corrupting cash, er ... wait a minute, I'm so confused!), Barack Obama is pushing universal healthcare hard. So are all the Democratic candidates for governor of Kentucky.
An enterprising Republican candidate would do well to propose a Health Care Common Market in which Kentucky could combine with all seven of our surrounding states -- or whoever would go with the idea -- and allow any citizen or company of any of those states to purchase an individual or group plan from an insurer in any of the other states.
An enterprising Republican candidate would do well to propose a Health Care Common Market in which Kentucky could combine with all seven of our surrounding states -- or whoever would go with the idea -- and allow any citizen or company of any of those states to purchase an individual or group plan from an insurer in any of the other states.
How Would That Work, Mr. Speaker?
Speaker of the House Jody Richards on the Jack Pattie Show this morning is railing against school choice.
"I'm not for school choice. I think that would destroy the system, personally," Richards said.
Really? There is no evidence of school choice destroying an educational system anywhere. It might make things a little tougher for teachers union officials, though. Is that who we really want to be protecting when giving parents greater ability to move students has been successful at improving education where it has been tried?
"I'm not for school choice. I think that would destroy the system, personally," Richards said.
Really? There is no evidence of school choice destroying an educational system anywhere. It might make things a little tougher for teachers union officials, though. Is that who we really want to be protecting when giving parents greater ability to move students has been successful at improving education where it has been tried?
Wednesday, April 04, 2007
Charge That Kentucky Misspent Fed Money Is Bunk
With all the talk from the Fletcher administration about how great the "Unbridled Spirit" is for Kentucky on one hand and charges that federal money was spent on the state's marketing campaign on the other, the truth was actually very easy to find out.
State agencies used to handle their own marketing campaigns individually. Early on, the Fletcher administration's Commerce Cabinet consolidated all marketing activities in order to create savings with economies of scale. Implementation involved projecting what costs were going to be and then ironing out overpayments and underpayments at the end of a two year marketing contract. The contract is now publicly available through the Finance and Administration Cabinet. All the money was marketing money and it has all gone where it was supposed to. It's more fun to make charges of abuse or incompetence -- and I'd love to jump in if the facts were on that side -- but the truth is the state has saved a lot of money by buying its advertising in bulk rather than farming it out piecemeal.
The Fletcher administration is in need of a story to tell and should tell this one.
State agencies used to handle their own marketing campaigns individually. Early on, the Fletcher administration's Commerce Cabinet consolidated all marketing activities in order to create savings with economies of scale. Implementation involved projecting what costs were going to be and then ironing out overpayments and underpayments at the end of a two year marketing contract. The contract is now publicly available through the Finance and Administration Cabinet. All the money was marketing money and it has all gone where it was supposed to. It's more fun to make charges of abuse or incompetence -- and I'd love to jump in if the facts were on that side -- but the truth is the state has saved a lot of money by buying its advertising in bulk rather than farming it out piecemeal.
The Fletcher administration is in need of a story to tell and should tell this one.
Another Nightmarish Pension Story Somehow Not Repaired By Casino Proliferation
Today there is more disastrous pension news from New Jersey that should be viewed as a cautionary tale for Kentuckians, but probably won't.
Tuesday, April 03, 2007
Should Government Favor Consumers Or Producers?
I would like to think that governments wouldn't interfere in transactions between businesses and consumers unless one party was committing fraud. But with the recent tariff on Chinese paper, it appears I am swimming upstream on this. Free trade policies benefit consumers by allowing them to pay lower prices for goods or services from foreign producers. Domestic producers sometimes respond by getting the government to help them get tax breaks, subsidies, or tariffs on foreign competitors.
Here is an interesting story from a Chinese perspective showing how tariffs are bad policy for the country placing the tariffs, as well as the target country. As complicated as international commerce has become, it makes no sense to try to outsmart the free market. In fact, when China subsidizes their products with domestic tax dollars or low wages, we might just thank Chinese taxpayers for the low prices and move on. Instead, we spread the pain to our consumers. Trying to create a "fair trade" situation has too many unintended consequences.
Here is an interesting story from a Chinese perspective showing how tariffs are bad policy for the country placing the tariffs, as well as the target country. As complicated as international commerce has become, it makes no sense to try to outsmart the free market. In fact, when China subsidizes their products with domestic tax dollars or low wages, we might just thank Chinese taxpayers for the low prices and move on. Instead, we spread the pain to our consumers. Trying to create a "fair trade" situation has too many unintended consequences.
Great Opportunity For A Liberal Kid
This springtime is scholarship time at my house, but I get the feeling these folks don't want to know what my son thinks about this:
Some of us could have a lot of fun with that one.
Incidentally, if you are looking for money for school and don't pick your liberal presidential candidates on the basis of their gender or their skin color, you might take a look at this site:
You have until April 30, 2007 to write a 500 word essay on how you feel about the United States potentially having it's very first female (Hillary Clinton) or African American (Barack Obama) president.
Some of us could have a lot of fun with that one.
Incidentally, if you are looking for money for school and don't pick your liberal presidential candidates on the basis of their gender or their skin color, you might take a look at this site:
How Long Before We Import This Idea?
Some lawmakers in New Jersey want to make their legislators full-time state employees and ban outside employment. Their reasoning goes that part-time legislators are subject to conflicts of interest with their outside employment. So, no outside job, no conflict of interest? What a shock it is that such flimsy reasoning would fly in New Jersey. Can there be any doubt Kentucky will pick up the scent quickly?
Kentucky does not need to follow on this track. This is like campaign finance reform. Any effort to get dirty money out of politics just creates more creative criminals. Especially with casino goons circling around Frankfort, we need to keep part-time legislators with their disclosure forms. One change I would propose, though, is that they be required to include their federal income tax return with their annual financial disclosure forms. Lawmakers would then be less likely to "forget" to mention business relationships on their disclosure forms. When they are caught doing that now, they file an amended disclosure form and the problem goes away. If we involve the IRS, then if we catch one of them in some kind of scheme he or she would be subject to federal prison. Another benefit to this approach would be a more intense interest in the Fair Tax, which involves essentially shutting down the IRS.
Kentucky does not need to follow on this track. This is like campaign finance reform. Any effort to get dirty money out of politics just creates more creative criminals. Especially with casino goons circling around Frankfort, we need to keep part-time legislators with their disclosure forms. One change I would propose, though, is that they be required to include their federal income tax return with their annual financial disclosure forms. Lawmakers would then be less likely to "forget" to mention business relationships on their disclosure forms. When they are caught doing that now, they file an amended disclosure form and the problem goes away. If we involve the IRS, then if we catch one of them in some kind of scheme he or she would be subject to federal prison. Another benefit to this approach would be a more intense interest in the Fair Tax, which involves essentially shutting down the IRS.
Monday, April 02, 2007
Real Story On Early '08 Fundraising Yet To Be Told
Ask me again on April 15, when we know how much everyone has on hand. Hillary and Mitt should both take a hard hit on this bottom line figure. Hillary will still show big bucks, but a lot of it isn't going to be available until after the primary.
All those $4600 checks Slick Willie picked up in Lexington and that the campaign has been pulling in all over are for twice the legal limit. Only $2300 can be spent before the primary.
All those $4600 checks Slick Willie picked up in Lexington and that the campaign has been pulling in all over are for twice the legal limit. Only $2300 can be spent before the primary.
Dick Morris Understands Iraq Funding Issue
House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid have fallen and can't get up.
The question is, will Bush take full advantage?
Democrats in Congress are heading into a game of chicken with the Bush White House akin to the Gingrich-Clinton government shutdown battle of 1995-96. The roles are reversed this time - so the Republicans are likely to prevail.
The question is, will Bush take full advantage?
For his part, President Bush needs to stand firm as this process unfolds. The split the funding resolution will catalyze in the Democratic Party may be his party's only hope of hanging onto the White House in 2008. He should resist calls for compromise, since any halfway solution or diplomatic wording that could appeal to both sides will rescue the Democrats from the horns of their dilemma - and run most or all of the risks for the troops and the mission in Iraq as the current bills present.
Bush should demand a clean appropriations bill or guarantee a veto. If he doesn't flinch and congressional Republicans don't defect, it will be bad news for the Democrats.
Another Week, Another Adult Stem Cell Victory
While fetal stem cells have served almost entirely to elect Democratic party candidates, adult stem cells have been piling up real-world successes.
The "anti-science" rhetoric from Democrats take hit after hit here on Earth -- paging Ozone Al Gore!! -- yet too many GOP officeholders continue to run like scared dogs when people start talking about minimum wage hikes to benefit poor families and raising taxes to help the economy, fighting back school choice or letting hospitals decide if they want any competition or not.
The "anti-science" rhetoric from Democrats take hit after hit here on Earth -- paging Ozone Al Gore!! -- yet too many GOP officeholders continue to run like scared dogs when people start talking about minimum wage hikes to benefit poor families and raising taxes to help the economy, fighting back school choice or letting hospitals decide if they want any competition or not.
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