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- Aug 09 (38) - How your government's
economic policies have worked against you. What a fake nineteenth
century nun can teach us about the tea party protests.
- Jun 09 (37) - Statistics of
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renewable tax credits. Review of Akerlof and Shiller on behavioral
economics.
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policy workgroup final report.
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market failures, and what classic economics has to say about them,
review of Nixonland by Rick Perlstein.
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end homelessness? The perils of TIF. Review of You Can't Be
President by John MacArthur.
- Oct 08 (33) - Wage stagnation,
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crisis, the political rhetoric of the Medicaid waiver.
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to fight crime.
- Aug 07 (27) - Sub-prime mortgages
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- Jan 07 (23) - The impact of real
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Book review of Blocking the Courthouse Door on tort "reform."
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so responsible about this? DOT bonding madness, Quonset, again,
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undercut unions, New Hampshire comparisons, and November referenda guide.
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affordable housing in the suburbs, union elections v. card checks.
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how to reform health care, and how not to.
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Our economic dependence on high health care spending. Review of
Crashing the Gate
- Feb 06 (16) - Unnecessary
accounting changes mean disaster ahead for state and towns, reforming
property tax assessment, random state budget notes.
- Jan 06 (15) - Educational equity,
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interview with Thom Deller, Providence's chief planner.
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housing laws.
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- Jul 05 (12) - Kelo v. New London:
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- Jun 05 (11) - Teacher salaries,
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- Feb 05 (9) - State and teacher
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- Aug 04 (6) - MTBE and well pollution, Mathematical problems with property taxes
- May 04 (5) - A look at food-safety issues: mad cows, genetic engineering, disappearing farmland.
- Mar 04 (4) - FY05 RI State Budget Critique.
- Feb 04 (3) - A close look at the Blue Cross of RI annual statement.
- Oct 03 (2) - Taxing matters, a historical overview of tax burdens in Rhode Island
- Oct 03 Appendix - Methodology notes and sources for October issue
- Apr 03 (1) - FY04 RI State Budget critique
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Responsibility:
Tom Sgouros
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Sun, 28 Jun 2009
What about taxes?
I asked the likely gubernatorial candidates what they think about
Rep. Scott Guthrie's proposed amendment to the budget last Wednesday.
This amendment would have frozen the "flat tax" rate at the current 7%
limit and appropriated the savings to revenue sharing for cities and
towns. The amendment failed 23-52. Do they concur with the House
leadership that this was not a good idea?
Frank Caprio:
"We need comprehensive tax reform, and we need to
start by thinking about having a singular, consistent approach, not a
dozen continuously changing tax policies. Our tax strategy needs to
focus on helping businesses, particularly small businesses, create
jobs."
Elizabeth Roberts:
"No one element of tax policy can be considered in
isolation. What RI needs is a coherent, integrated tax policy that
meets the goals of: fairness to all Rhode Islanders, regional
competitiveness, lowering the tax burden on the middle class and
working Rhode Islanders, and supports a comprehensive economic
development plan."
These, of course, are not what you'd call answers to my question.
Patrick Lynch and Lincoln Chafee both declined to comment, both
saying it was because they're not official candidates yet.
In other words, none of them were willing to express an opinion
about how our government ought to be funded.
00:47 - 28 Jun 2009 [/y9/jn]
link
Sat, 20 Jun 2009
Investment: It's not all good
I just finished reading an interesting report, out last week from the
Rhode Island Coalition for the Homeless and RI Legal Services, about the
plague of foreclosures and evictions upon us. It's an interesting read,
and filled with useful maps about where evictions have happened, and
which banks are doing them. (See rihomeless.org.)
Sadly, many foreclosures happen on rental property, and many banks
routinely evict all the tenants when that happens. Since sales rates
are way down, lots of these properties end up boarded up and vandalized,
while the evicted families end up, well, evicted. It is just as dumb as
it sounds, but these banks have chosen not to be in the
property-management business, an understandable business decision -- if
you ignore the damage they're doing to our state.
See more ...
14:14 - 20 Jun 2009 [/y9/cols]
link
Thu, 18 Jun 2009
The California Budget Challenge
Check out the
California
Budget Challenge. It's good for one's humility.
19:18 - 18 Jun 2009 [/y9/jn]
link
Sat, 13 Jun 2009
Bill numbers for Covanta trash bill
The bills that would reverse Rhode Island's incineration ban
and qualify waste-to-energy as a renewable energy source are
H6053 and S933. Please tell your representative or senator to oppose
them. Read below
for more.
21:19 - 13 Jun 2009 [/y9/jn]
link
Like flies to a subsidy
I was passing through Portsmouth a couple of weeks ago, and couldn't
help noticing that the town is now home to a second giant wind
turbine, which seemed pretty cool to me. The new turbine is owned by
the town, and generating electricity that the town sells to National
Grid. Electricity isn't the only thing Portsmouth sells, though.
They also sell something called Renewable Energy Certificates (REC).
An REC is sort of like a green blessing for a megawatt of electricity.
Better yet, think of it as the bragging rights for using that green
electricity. If you have the certificate, you have a legal right to
claim you've used a megawatt-hour of renewable electricity.
Portsmouth is allowed to issue one REC for every megawatt-hour they
produce.
RECs are important because electrons are electrons, and they don't
come with little labels saying how they were generated. An electron
that comes out of the socket in your wall is the same whether it was
generated by Portsmouth's wind turbines or by an ancient and filthy
coal-fired generator in Ohio.
See more ...
21:13 - 13 Jun 2009 [/y9/cols]
link
Tue, 09 Jun 2009
Dept. of Reaping What's Been Sown
On the news that George Tiller's family is not interested in being
picketed, protested or shot. From the Times
Even some abortion opponents, who had long devoted their
efforts to closing down Dr. Tiller's clinic, said they did not wish to
see it happen under these
circumstances. Last week, Troy Newman, the leader of Operation
Rescue, had said that closing the clinic now would send a
worrisome message. "Good God, do not close this abortion clinic
for this reason," he said in an interview with The New York
Times. "Every kook in the world will get some notion."
Wonder where they will have gotten it from?
14:21 - 09 Jun 2009 [/y9/jn]
link
Sat, 06 Jun 2009
The fun only lasts until the music stops
A couple of weeks ago, during a hearing at the Senate Finance
committee, chairman Daniel DaPonte (D -- East Providence and
Pawtucket) made some disparaging remarks about our cities and towns.
In response to a witness who made a comment about how cuts in
municipal aid were forcing cities and towns to raise property taxes,
Senator DaPonte said, "There's no evidence that giving cities and
towns more money will result in property tax cuts. We've raised
municipal aid and property taxes haven't come down."
In fact, the chairman is right that municipal aid has gone up a lot,
but he's wrong, too. Municipal aid grew from $28 million in 1990 to
$234 million in 2008. What are the towns doing with all that money?
Flushing it down the toilets in town hall?
In fact, they can't flush it because they don't get even half of it.
That number serves to nurse the standard story about what's wrong with
local government, but it doesn't have much to do with paying bills at
town hall. You see, to make the sum as large as $234 million, the
state budget writers include $135 million in reimbursement for car
taxes. This is real money, certainly, but it goes to taxpayers, not
towns. It does not help balance municipal budgets
See more ...
08:01 - 06 Jun 2009 [/y9/cols]
link
Fri, 05 Jun 2009
My favorite part of the Cairo speech
It's a story with a simple truth: that violence is a dead
end. It is a sign of neither courage nor power to shoot rockets at
sleeping children, or to blow up old women on a bus. That is not how
moral authority is claimed; that is how it is
surrendered."
I think the moral high ground is routinely undervalued in
discussions of international (and national) affairs. The contrast
between South African and Palestinian history of the last 50 years
could hardly be more stark.
07:53 - 05 Jun 2009 [/y9/jn]
link
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