And now here's a thoughtful looking man in a sensible shirt suggesting that Nevada should address its problems with mature solutions based on reason, evidence and sense rather than avoiding and compounding them with cowardice and venality.
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Regardless, the Las Vegas Review Journal, citing as valid in their 1.23.11 editorial an Illinois think tank business model, recommends to its owners, Stephens Media Group, that it shut its doors as it does not have the capital to pay all its next 30 years of liabilities as of close of business, Monday, January 24, 2011.
RIP to the late Las Vegas Review Journal. If the LVRJ had 30 years of operating capital on hand it could have remained a viable right wing corporate leaflet instead of a failed business model much like the soon to be failed Walmart, too of Arkansas, which likewise will close it doors on Monday, January 24, 2011 citing lack of 30 years assets on hand to pay its liabilities that stretched to 2041 as per the referenced Illinois think tank .
Posted by: dave 404 | 01/23/2011 at 05:46 PM
Act II.
Anybody catch former NJ governor Whitman on last week's Jon Stewart show wherein she parroted the new corporate/GOP talking point of "STRATEGIC DEFAULT" by the states in order to eliminate their pension/health care obligations?
I thought "walking away" from ones legal obligations when they have the ability to pay- no one was holding a gun to your head-, was immoral? Nevada is nowhere near its Constitutional tax levy limit it and yet Sandoval et.al. is ready to close up shop...drown the state in the bathtub as it were.
Pay attention, as seemingly this is "no crisis to let go to waste" in the corporate/GOP class war.
Watch as the /corporate/GOP works to change the U.S. Constitution to allow states (sovereigns!), to declare bankruptcy!!
Act III.
Anybody note how right the Founding Fathers were in calling for majority rule in the legislative branch of government? Nevada, like California and other states require super majorities in order to raise revenue which in fact leads to a tyranny of the minority over the majority...definitely not original thought and DEFINITELY not working. Will anyone mount an initiative to remove this undemocratic language form our constitutions?
People like Jim Gibbons and others worked years in advance to eliminate a workable democracy. Gibbons, a traitor to the constitution, should not get any of his public pensions and health care.
Posted by: dave404 | 01/23/2011 at 06:25 PM
Go Bob Fulkerson! I would even be as daring as to suggest paying state income tax. I know that it's odd; me helping to pay for services that I'm requesting.
Posted by: Scott | 01/24/2011 at 12:53 PM
It was the state legislature that has limited normal inflationary tuition/fee increases in Higher Ed over the past several years and not the Board of Regents-again, like local K-12 schools, the Legislature is responsible for disregarding their own legislative intent statements, as stated in statute as regrads education being handled at the local level.
In retrospect, it would have been been better had the Board of Regents exercised their profound Constitutional powers as enumerated in Article 11 section 6.1. years ago. The Board should now sue the State under the Separation of Powers cause in order to exercise their Constitutional authority.
The above referenced public policy of limited tuition/ fee increase did not allow for appropriate increases in funding, based on inflation on WICHE averages in student tuition/fees in a normal year to year manner, and now, instead, our current students must endure a radical increase in their tuition/fees in an effort to meet not the abandoned WICHE average but The Higher Education Price Index (HEPI) http://www.commonfund.org/CommonfundInstitute/HEPI/Pages/default.aspx
I would encourage hearings on any BDR that would allow the Board of Regents to allow individual/contiguous Nevada counties to establish and self-fund, with a general fund provided per student subsidy adjusted for inflation, their own university/community college/state college programs as they see fit. Any BDR addressing this issue may or may not include amending the Nevada Constitution to provide for several Boards of Regents based on County representation.
As an aside, it is important to note that the Guinn Millennium Scholarship is not need based nor endowed exclusively by the Mater Tobacco Settlement monies as per the original intent of 1999. As a matter of informed fact, a review of the legislative intent was that the Millennium Scholarship would end by 2012.
Posted by: Joe Pitts | 01/24/2011 at 02:20 PM
Wonder if Goldy the Gold Whore saw the Gleaner take on his master on Ralston Friday night?
Posted by: Goldilocks | 01/24/2011 at 02:25 PM