Wednesday, November 12, 2008

Roland Martin is a Blowhard

Roland (of CNN fame) was the featured speaker at an event I was at this past weekend.  I wasn't called on to ask a question so I had to accost him at the book signing afterward.  I asked him what he thought about blacks voting on prop 8 in California.  He started giving me some rigmarole (sp?) and eventually stated that some people view it as a religious issue and some as a civil rights issue.  So there.  This struck me as colossally stupid.  And I should have pressed the point harder when I was with him, but there was a line of people who actually wanted to get his signature.   Just because you may view gay marriage as a religious issue doesn't make it less of a civil rights issue.  Slavery and segregation were justified by whites with verses from the bible.  Is that a religious issue?  But they have civil unions you say.  Separate but equal was struck down because even though you try to have equal facilities, the fact that two classes of people are separated implies one will have to be "superior" to the other.  The same goes for Gay marriage.  By virtue of the fact that you call civil unions civil unions instead of calling them marriage is unequal treatment.  

I know blacks didn't sway the vote, it was more generational  but hypocritism (is that a word) is especially annoying to me.  Especially when it comes to people's civil rights.  How disgusting.

And blacks are going to continue to identify with Roland Martin, a very mediocre, loud mouth, with nothing particularly interesting to say.  

Nice.

Bigotry 1- decency 0

Friday, April 4, 2008

Illinois Losing Easy Tax Revenue

When will Illinois allow e-filing? Illinois' taxes are set up such that you always end up owing them some money. Not only are they failing to increase TFP, but they are hindering their own collection efforts. Let people e-file!!! Scoredboard Update, Stupidity 1- Illinois 0

Thursday, March 27, 2008

O'Hare Expansion

I’d like more details on this or this. I tried finding the "quick-takings" law and couldn’t locate it on the General Assembly Homepage. I’m probably not searching correctly. But I’m confused as to why there would be such an uproar about a 24x16 ft parcel. It seems as though it should be an issue between the developer and Chicago. And in as much as Elk Grove will be out that fraction of tax revenue, the city should compensate by paying a present value formulation of future taxes for 50 years? 100? Whatever.

This wouldn't be an issue if there could have been some sort of fix for the Peotone proposal (high speed rail or something) or maybe a Rockford airport (with high speed rail).

No scoreboard update on this one. Judgment is being withheld. For now.

Wednesday, March 26, 2008

Unions v. the People

Not that the Wal-Mart saga is new, but here we have a classic example of perverse incentives interfering with the government trying to do the people's work (of course if we believe the innuendo in the story). It's basic economics, there is no free lunch. By obstructing economic activity the unions are enriched and in this instance, South Side shoppers and would-be Wal-Mart employees are injured (and as always citizens of Chicago). If unions are so great, they shouldn't be scared of competition from non-union employers. Under competition the union would be forced to improve itself or add more value for its membership.

I think I'm going to start a scoreboard, if I can figure out how to do that. Every time we see some sort of rent seeking or inside dealing we can add points. In this instance the score would read, Unions 1 - People 0. But it doesn't have to be unions v. people, it can be a specific company, politician, individual ward, another state, another interest group, your mom... you get the point.

Tuesday, March 25, 2008

First Comments on Chicago’s 2006 Budget

It takes a little time getting used to looking at government financials. But ultimately it’s all dollars and cents. The sheer size of this budget is daunting and trying to keep things straight can be tough. A couple things caught my interest, which may be telling about how new to government operations I am.

1. The city issues bonds every year. I have no clue if this is common among municipal governments or not. But from a private enterprise point of view it seems odd. Bonds are long-term debt used to fund long-term projects. It seems that much if not all of the proceeds are matched to capital improvement projects, which is good, but it just seems excessive. I’m sure there are lots of capital improvement projects to be done, so maybe its just my naiveté that makes me feel that way.

2. The city divides its activities into two categories, governmental activities and business type activities. The business type activities consist of water, sewer, Midway, O’Hare, and the Skyway. Governmental activities are everything else (general government, public safety, streets and sanitation, transportation, health, cultural and recreation). I’m not certain if the CTA is counted in transportation. If it is, it seems like it should be transferred to the business activities side.

3. The business activities break even (probably due to the fact that their services can be charged back to users) and the governmental activities all show deficits. When all is said and done, the city lost $365MM based on GAAP or $580MM based on fund accounting (I think it’s similar to cash based) in 2006.

4. By far the largest expenditures on an ongoing basis are General Government and Public Safety spending, $2,088MM and $2,300MM, respectively. Although on a budgetary basis general government and public safety were only responsible for $861MM and $1,756MM, I wonder what the difference is. I’m curious if Public Safety spending is only police and fire, and if not what else is in there. And I’m just plain curious as to what is in general government spending.

5. For whatever reason, I noticed in the notes the Modern Schools Across Chicago program (MSAC). It smacked of one those inconsistent Bush Administration bills, the Clear Skies Initiative but it really means more pollution. I have no proof that that’s what it is but I noticed it. I’ll be looking more into the MSAC.

That’s all for now.