A trend that was brought about by the devastating deregulation of the financial industry by free-market nut-jobs like yourself. By the way, Kay's last name only has five letters and "e" isn't one of them. It ain't hard to keep up with.
A year ago, the state Supreme Court struck down a rate increase that the state Utilities Commission awarded to Duke Energy Corp. and ordered the panel to reconsider the increase in light of its impact on consumers. Now, Cooper is appealing the same increase to the high court, arguing that the Utilities Commission ignored the ruling.
“The court has already ruled once that consumers must be taken into account when setting utility profits but it still hasn’t happened,” Cooper said in a statement. “Even when given a second chance to get it right, the commission didn’t really consider consumers and approved the exact same rate hike.”
And as long as we allow this flawed formula to continue, where a rule-making commission is tasked with being concerned about profits for wealthy shareholders, many of whom do not even live in North Carolina, the unfairness will be ever-present. Any other private industry would need to dip into profits or borrow to make infrastructure improvements, which would force them to calculate the true need and ROI for such, and Duke Energy should be no different.
Davis and DHHS Sec. Aldona Wos told lawmakers they have hired a consultant to help streamline the agency and help make budget forecasts more reliable. "We've got here another single-bid $3 million contract," Tucker said, expressing frustration that a large agency with thousands of staffers could not have found workers to do such a review.
Wos said that DHHS' staff has shrunk and didn't have the ability to both handle day-to-day tasks as well as plan for the future. "This was an example of success. if this was able to be done by the employees of DHHS over the past 14 years, it would have done," Wos said. She added, "We would love to be at our desk working but we are here to provide you with the information you requested."
Shorter version: "It's not my fault, it's your fault." Apparently Republicans in the NCGA don't understand how job evaluations amongst the 1% really work: you fuck up, you move up, and the more money you lose in mismanaging your organization, the bigger your bonus and golden parachute. I shouldn't have to explain these things.
Commissioners Nathan Miller, David Blust, and Perry Yates trotted out their lists of past beefs with Boone, their grievances, their grudges going back decades in some cases, but they readily admitted that their self-righteous spite sprang mainly from the on-going feud Mr. Yates's daddy-in-law Phil Templeton has with anybody and everybody who won't let him do precisely as he wishes as a millionaire land developer.
Last night, Mayor Ball asked Commission Chair Nathan Miller if he thought it was fair that Boone raise 60% of the revenue and get 12% of it in return. You could see the ire rise in Miller. It's plenty fair, he replied with noticeable venom.
Another factor which must have played a role in this decision: Boone had the audacity to elect a dynamic and outspoken YDNC leader as Mayor. Local Republicans might not fear the influence of local Democrats too much, but they do fear what Andy Ball represents; smart, young, Progressive Democrats, who have the vision to see what the future could be, and the intelligence and drive to explain it to others. The only way to fight it is to stack the deck against the new Mayor, and hope his popularity collapses. And if the people of Boone have to suffer as a consequence, it's their own fault for wanting progress.
But one of his leading challengers, Rev. Mark Harris, is hoping to stir things up and is planning to repeatedly criticize Tillis's decision to remain as House Republican leader while running for the Senate. Tillis is able to raise money for his Senate campaign from lobbyists with interests before the state's General Assembly, but it's illegal to raise such funds for his state legislative campaigns. Framing the speaker's conduct as "pay to play," Harris suggested the activity was unethical.
"It would have been better judgment for him to step down as speaker. It opens the door for questions of ethics to be raised," Harris told National Journal, arguing that it could become a glaring vulnerability if Tillis wins the GOP nomination against Sen. Kay Hagan. "If I had one thing to do differently [in the campaign], I would have demanded he step down as speaker in October."
Tillis is blatantly taking advantage of a loophole in our campaign finance/lobbying laws by doing this, and it should be an issue for voters (both Primary and General) to contemplate. And unless I missed it somehow, our NC reporters have left this issue alone. Maybe he isn't "breaking the law" in the classic sense, but it is definitely newsworthy.
The most recent big injection of political spending in North Carolina came April 1 from American Crossroads, a super PAC created by Republican operative Karl Rove. The group spent $1.1 million on an ad for Tillis. FEC records show that one of American Crossroads’ biggest recent donors was Contran Corp., a Dallas manufacturing and nuclear waste management company that gave $1 million. Contran’s late owner, Harold Simmons, was a major conservative Republican contributor.
American Crossroads’ major donors also include Billy Joe “Red” McCombs, the founder of Red McCombs Automotive Group in Texas and a former owner of the Minnesota Vikings, Denver Nuggets and San Antonio Spurs. He is listed as giving $60,000. Tulsa coal executive Joseph Craft III gave $500,000 through his JWC III Revocable Trust.
While I am deeply concerned about the possibility of losing the Democratic majority in the U.S. Senate, more and more I'm wanting Kay Hagan to win so we can send a message to people like Charles and David Koch and Karl Rove: you're not wanted here, and the money you sling around is and will be wasted.
It was the spring of 2013, and lawmakers were busy drafting more than 1,700 bills, including a handful that had big implications for companies that manage homeowners associations and condominiums. At the same time, a group called Alliance for Better Communities, which is bankrolled by property management companies, gave four donations totaling $51,000 to a nonprofit closely tied to Republican state House leaders.
There's a lot more to this sordid tale, but (as is almost always the case) the people slinging money around were able to do so legally. Proving once again, there's often a huge difference between "legal" and "ethical."
The firm Alvarez & Marsal is best known for being tapped in 2008 to manage the bankruptcy of financial giant Lehman Brothers at a cost of nearly a half-billion dollars. Critics of the financial bailout said that bill was too high.
The contract calls for work to be done by eight people with salaries ranging from $242 to $473 per hour and an “intern” earning $84 per hour. One of the consultants, a “director,” is slated for 2,040 hours of work for total earnings over the year of $803,760.
Republicans love to crow about how government should be run like a business, but you know what? If any private-sector manager had made as many mistakes as Aldona Wos, who now apparently feels the need to bring in blue-chip consultants to untangle her mess, that manager would have been fired a long time ago. The word "inept" doesn't even cover it. And like dog poop on the carpet, that ineptitude is transferring to both McCrory and the NCGA, who are responsible for her continued employment.
Lampuri, a Raleigh-area plumber whose wife went to Brannon’s medical clinic, put $100,000 into Neogence in September 2010. Both Lampuri and Piazza received a convertible promissory note, which would mature at a certain date and allow a return of the investment or conversion to ownership stock.
In a deposition, Lampuri describes how Brannon talked business with him when his wife came for monthly doctor appointments during her pregnancy. “He pretty much spoke about Neogence every time my wife was in stirrups,” he told attorneys.
Not only was Brannon peddling questionable investments, he was also flirting heavily with medical malpractice. I doubt if the doctor's bill mentioned financial advice in the charges. Something similar happened to me a few years ago. Took my mom to her (primary care) doctor for a semi-annual checkup, and after waiting for 45 minutes for the doctor to grace us with his presence, he breezed in, checked her BP real quick, and then launched into a sales pitch for the dietary supplements he sold on the side. Actually it wasn't on the side, it was right there in the examination room. He's no longer practicing medicine.
Almeida told the group that the commerce department was ready to move some divisions into the partnership in the first quarter of 2014, according to a report published Dec. 6 by political news website www.ncinsider.com. Sen. Brent Jackson, a Sampson County Republican, asked Almeida what statute allowed the department to move those divisions, ncinsider reported.
When Almeida said the department was simply following the guidelines in Senate Bill 127, Jackson fired back, according to ncinsider: “Refresh my memory someone. I don’t think Senate Bill 127 passed, did it?”
He’s right. It didn’t.
Which just goes to show, when you have a group of extremely wealthy and influential private businessmen who want something to happen in the government, it's going to happen, one way or another. It also exposes a gaping fault in our lawmaking system: if something fails to pass muster as an individual piece of legislation, just insert it into the budget and voilà. It's a done deal. What's also alarming about the quasi-legal evolution of this group: if they didn't need a Legislative mandate to begin operation, how much are they going to care about Legislative oversight? Speaking of wielding authority without being elected:
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