Are We Buying High And Selling Low?

Could it be Governor Steve Beshear is getting us into the casino business at exactly the wrong time? For the latest, we take you to New Jersey:

Last year, for the first time in the 29-year history of legalized gambling in Atlantic City, the casinos won less money than they did the year before, figures released yesterday show.

The 5.7 percent decline to $4.9 billion was hardly a surprise. For month after month in 2007, the gaming halls reported wins that were down from 2006 levels -- all attributed to new competition from slots parlors in Pennsylvania and New York, and new smoking restrictions on Atlantic City casino floors. (emphasis added)

Still, the first year-to-year decline provided a marker that the gambling mecca did not want. It also deprived the people of New Jersey of about $24 million in gambling tax revenue, which the state uses to benefit senior citizens and people with disabilities.

"It is a shock -- a slap on the side of the head for anyone who owns a casino in town," said Carlos Tolosa, president of the Eastern Division of Harrah's Entertainment Inc., which owns the Harrah's Marina, Showboat, Caesars and Bally's casinos in Atlantic City. Collectively, the four casinos made up 44 percent of last year's total revenue.

"This was a wake-up call for everybody that we have to continue to build nongaming attractions and convert this resort town into a destination," Tolosa said, "and that we have a long way to go."

Source: hotel-online.com

Professional Politicians' Pay Too High

Kentucky is moving more in the direction of having professional politicians like we have on the federal level. We should begin to correct this by repealing the 2005 bill that passed the legislature with only 2 No votes and included a provision allowing state lawmakers to jump to a state job and get an enormous pension boost.

And the rich health insurance benefits for part-time magistrates and city commissioners need to go as well.

Eeny, Meeny, Miny, Mo

Still looking for a presidential candidate? Might as well try this.

Vote chooser says Mitt Romney is my guy.

Fed Fair Tax Would Necessitate State Reform

If the Fair Tax were to be implemented at the federal level, Kentucky's tax system would have to change because you can't start filling out a Kentucky tax return until you have done a federal tax return. That wouldn't be possible if individuals were no longer paying income taxes, which is what the Fair Tax does. Rep. Mike Harmon has filed a resolution to start the legislature studying how we would handle this kind of tax reform.

Entitlement Reform In Kentucky

Members of the House Health and Welfare Committee this morning discussed a committee substitute for the drug testing for welfare recipients bill that would improve the bill by adding a probable cause element.

He's Just Like Ronald Reagan

Former Speaker of the House Newt Gingrich will be on the Leland Conway radio show in Lexington this morning on 630 WLAP. Or you can listen on www.wlap.com.

Reminder: Businesses Don't Pay Taxes

Would you be willing to trade a cigarette tax increase for repeal of the income tax on unprofitable businesses?.

Did Beshear Sell Judicial Appointment For $200?

Governor Steve Beshear just appointed John Chappell as a District Judge in the 27th district today. Chappell, a London attorney, filed to run for the office on December 12.

This wouldn't be the John Chappell, Attorney at Law, of London who contributed $200 to Scott Alexander's Senate campaign on January 19, would it? That wouldn't be good.

CHAPPELL, JOHN
402 W. 4TH STREET
LONDON, KY, 40743
Employer : JOHN CHAPPELL, AAL
Occupation : ATTORNEY INDIVIDUAL Contribution
$200.00 on 01/19/2008
ALEXANDER, SCOTT for
STATE SENATOR - 30TH DISTRICT
SPECIAL - 02/05/2008

The impropriety of the contribution and subsequent appointment aside, I would think two hundred bucks isn't very much money for this sort of thing. Do we really want this governor to be in charge of selling casino licenses?

Who Do You Want To Get Your Tax Rebate?

The federal government this spring is expected to send back tax dollars to taxpayers as an "economic stimulus." Whether you like the economic rationale or not, you probably would be interested in a bill to keep that money away from Governor Steve Beshear, wouldn't you? Well, here you go.

Fastest Political Flameout In History

Louisville's Chris Thieneman nuked himself this morning.

Steve Beshear's Unnecessary Tuition Increases

Governor Steve Beshear's proposal to cut Kentucky's merit-based KEES college scholarship program and maintain spending for need-based aid is probably going to be a disaster.

Just as the legislature is considering a measure to lower the GPA to renew KEES scholarships, the proper cost-saving move would be to increase standards for getting the awards. Instead, Beshear will probably cut all awards the same amount in the name of "fairness."

Doing this and in effect raising the proportion of aid that is award exclusively on the basis of not having enough money to pay for college is a sure way to exacerbate the inflation problem.

Nice job, Steve. What's next? (Oh yeah, public employee benefits...)

Steve Beshear's Going Out Of Business Sale

Looks like Attorney General Jack Conway has found a rug to sweep his and Governor Steve Beshear's problems under.

Do you have Skippy Miller under there already?

How about R.D. Hubbard?


HUBBARD, R.
124 KOVENISH
PALM DESERT, CA, 92260
Employer : HOLLYWOOD PARK
Occupation : RACE TRACK OWNER INDIVIDUAL Contribution
$500.00 on 05/10/1999
MILLER, JONATHAN for
STATE TREASURER - STATEWIDE
PRIMARY - 05/25/1999

--------------------------------------------------------------------------------

HUBBARD, R.
73-405 EL PASO #32D
PALM DESERT, CA, 922600000
Employer : R. D. HUBBARD ENTERPRISES, INC.
Occupation : REAL ESTATE DEVELOPER INDIVIDUAL Contribution
$1,000.00 on 02/19/2003
CHANDLER, A. for
SLATE - STATEWIDE
PRIMARY - 05/20/2003

--------------------------------------------------------------------------------

HUBBARD, R.
124 KOVENISH
PALM DESERT, CA, 92260
Employer :
Occupation : RETIRED INDIVIDUAL Contribution
$1,000.00 on 03/21/2007
LUNSFORD, W. for
SLATE - STATEWIDE
PRIMARY - 05/22/2007

--------------------------------------------------------------------------------

HUBBARD, R.
73-405 EL PASO #32D
PALM DESERT, CA, 92260
Employer : RD HUBBARD
Occupation : DEVELOPER INDIVIDUAL Contribution
$1,000.00 on 04/16/2007
MILLER, JONATHAN for
SLATE - STATEWIDE
PRIMARY - 05/22/2007

--------------------------------------------------------------------------------

HUBBARD, R.
73-405 EL PASEO NO. 32D
PALM DESERT, CA, 92260
Employer : R.D. HUBBARD ENTERPRISES, INC.
Occupation : REAL ESTATE DEVELOPER INDIVIDUAL Contribution
$10,000.00 on 11/30/2007
BESHEAR MONGIARDO INAUGURAL COMMITTEE
FARMER, TRACY for
SLATE - STATEWIDE
GENERAL - 11/06/2007

--------------------------------------------------------------------------------

HUBBARD, R. D.
73-405 EL PASEO NO. 32D
PALM DESERT, CA, 922600000
Employer : R. D. HUBBARD ENTERPRISES, INC.
Occupation : REAL ESTATE DEVELOPER INDIVIDUAL Contribution
$1,000.00 on 05/08/2007
BESHEAR, STEVEN for
SLATE - STATEWIDE
PRIMARY - 05/22/2007

--------------------------------------------------------------------------------

HUBBARD, R. D.
73-405 EL PASEO NO. 32D
PALM DESERT, CA, 922600000
Employer : R. D. HUBBARD ENTERPRISES, INC.
Occupation : REAL ESTATE DEVELOPER INDIVIDUAL Contribution
$1,000.00 on 10/17/2007
BESHEAR, STEVEN for
SLATE - STATEWIDE
GENERAL - 11/06/2007

--------------------------------------------------------------------------------

HUBBARD, R.D.
73-405 EL PASEO / NO. 32D
PALM DESERT, CA, 922604214
Employer : R.D. HUBBARD ENTERPRISES, INC.
Occupation : CHIEF EXECUTIVE OFFICER INDIVIDUAL Contribution
$1,000.00 on 10/10/2006
WORLEY, JAMES for
STATE SENATOR - 34TH DISTRICT
GENERAL - 11/07/2006

Second Time's A Charm?

Governor Ernie Fletcher's campaign against casino gambling wasn't going to work for reasons that had little or nothing to do with casino gambling.

The Senate 30 special election may not prove anything about casinos, either, but the race may turn out differently.

Have you seen this commercial (airing now in the district)?

This Is Probably Going To Be Quote Of The Day

Senate Bill 3 just got voted out of the State and Local Government Committee with amendments to add Kentucky to Super Tuesday in presidential primary elections and to remove the emergency clause so its provisions wouldn't take effect this year. Speaking for the bill, Senate President David Williams said:

"The main thing is that we have more transparency and accountability in the process."

Couldn't agree more. But if we really want transparency, we also need government expenditure transparency.

Steve Beshear Keeps A Campaign Promise

And it is going to cost you a bundle.

Ron Bishop Thinks He Isn't Going To Jail

FCDC Director Ron Bishop and his storm troopers in the Lexington jail think they have found their fall guys and are immune from criminal prosecution.

Well, they should think again. Ask your attorney down there on Main Street to explain this to you, fellas.

From Lexington-Fayette County Ordinance Number 255-94,1,12-13-94:

Sec. 25-29. Reprisals against persons disclosing violations prohibited.
(1) No officer or employee shall subject to reprisal, or directly or indirectly use, or threaten to use, any official authority or influence, in any manner whatsoever, which tends to discourage, restrain, depress, dissuade, deter, prevent, interfere with, coerce, or discriminate against any officer or employee who in good faith reports, discloses, divulges, or otherwise brings to the attention of the ethics commission, any law enforcement agency or its employees, or any other appropriate body or authority, anyfacts or information relative to an actual or suspected violation of any law, statute, executive order, administrative regulation, mandate, rule, or ordinance of the United States, the Commonwealth of Kentucky, or the urban county government, or any facts or information relative to actual or suspected mismanagement, waste, fraud, abuse of authority, or a substantial and specific danger to public health or safety. No officer or employee shall be required to give notice prior to making such a report, disclosure, or divulgence.
(2) No officer or employee shall subject to reprisal or discriminate against, or use any official authority or influence to cause reprisal or discrimination by others against, any person who supports, aids, or substantiates any officer or employee who makes public any wrongdoing set forth in subsection (1) of this section.

Penalties for violation include a fine and up to one year in jail.

Beshear Hints At Cutting Pension Benefits

In an advance copy of Governor Steve Beshear's budget address, he says he will offer a state employee pension reform proposal "in the coming weeks."

"What we can do now is address the increasing costs. These programs are not sustainable at current levels," Beshear said.

Smoke 'Em If You Got 'Em

Sounds like Rep. Fred Nesler just filed the cigarette tax bill to save us all.

10:00 pm Update: No, it was a false alarm. Stay tuned for tax increases though.

Jason Mays Versus United Auto Workers

Looks like the hottest ideological battle in central Kentucky among the 2008 state House races will be between pro-union Rep. Charlie Hoffman and former Georgetown College assistant basketball coach Jason Mays.

With non-union Toyota the economic engine of the district, a strong campaign against Majority Caucus Chairman Hoffman could get interesting.

And with Hoffman filing bills like this, Mays should be able to get a lot of help.

Busted, Now Pay Up

Governor Steve Beshear got caught breaking a campaign promise not to misuse state aircraft and now he is saying he will pay for it.

Is the check in the mail, Governor?

Maybe we should require the Executive Branch to set up a website to help us keep track of their expenditures of state money for political or personal purposes.

You know, like illegal raises for girlfriends and such.