Category: Government Finance
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What’s the Deal with Dominion and Coal Ash?
By Peter Galuszka So what’s the deal with dumping coal ash and Dominion Virginia Power? A story in the Associated Press that is getting wide attention suggests that the utility may be consolidating five coal ash dumping ponds at its Possum Point generating plant into one that may or may not be properly lined. If…
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Richmond's Pathetic Leadership
By Peter Galuszka Richmond is going through an existential crisis. Its “leadership” can’t get anything done after wasting the public’s time and attention on the supposed possibilities of this so-called “Capital of Creativity.” Two examples come to mind. One is the city’s and region’s utter failure to do anything about its crumbling ballpark. The other…
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Richmond’s Pathetic Leadership
By Peter Galuszka Richmond is going through an existential crisis. Its “leadership” can’t get anything done after wasting the public’s time and attention on the supposed possibilities of this so-called “Capital of Creativity.” Two examples come to mind. One is the city’s and region’s utter failure to do anything about its crumbling ballpark. The other…
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"Spankdown" at Woodlake
By Peter Galuszka Homeowners Associations are double-edged swords. They can preserve home values by enforcing covenants but sometimes morph into Neo-Nazi privatized governments that make life miserable by meddling. One HOA in suburban Richmond is in something of a unique situation. Woodlake, a 2,800 home, 1980s-styled PUD in Chesterfield County, has been having problems. The…
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“Spankdown” at Woodlake
By Peter Galuszka Homeowners Associations are double-edged swords. They can preserve home values by enforcing covenants but sometimes morph into Neo-Nazi privatized governments that make life miserable by meddling. One HOA in suburban Richmond is in something of a unique situation. Woodlake, a 2,800 home, 1980s-styled PUD in Chesterfield County, has been having problems. The…
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Dubious Oil Lobby Bankrolls Dubious Poll
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in Business and Economy, Courts and law, Demographics, Disasters and Disaster Preparedness, Economic development, Electoral process, Energy, Environment, Federal issues, Government Finance, Infrastructure, Insurance, Labor and Workforce, Land use & Development, Media, Money in politics, Planning, Politics, Public safety & health, Science & TechnologyBy Peter Galuszka In a recent post, Bacons Rebellion extolled the findings of Hickman Analytics Inc., a suburban Washington consulting firm hired by the Consumer Energy Alliance, which found that according to a survey of 500 registered voters, the vast majority of Virginians support Dominion’s Atlantic Coast Pipeline. The $5 billion project would take natural…
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The Volcker Alliance Appraises Virginia's Budget
by James A. Bacon Critics of Virginia’s state constitution often point to the one-term limit for governors as a source of dysfunctional governance. The state’s chief executives have little time to put their imprint on policy and the budget before they’re gone. But it is precisely that term limit — and the resulting shifting of budgeting power…
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The Volcker Alliance Appraises Virginia’s Budget
by James A. Bacon Critics of Virginia’s state constitution often point to the one-term limit for governors as a source of dysfunctional governance. The state’s chief executives have little time to put their imprint on policy and the budget before they’re gone. But it is precisely that term limit — and the resulting shifting of budgeting power…
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Who Are the Real Fiscal Conservatives?
Paul Volcker is one of the real heroes of the modern economic profession. During the late 1970’s and early 1980’s he conquered the “Great Inflation” by taming the growth of the money supply. Interest rates rose to levels unprecedented in modern American history. During my time in charge of cash management at AIG, I bought…
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Is SEAL Team 6 Out of Control?
By Peter Galuszka Dam Neck Annex is a forgettable piece of beachfront landscape amidst the strip malls of Virginia Beach. F-18s Hornet jets roar past from nearby Oceana Naval Air Station and the traffic is typical for the area: vans with soccer moms, bikers’ choppers and sedans with families headed for the sand. Surrounded by…
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Layne's Law
by James A. Bacon After spending a year and a half cleaning up the mess left by the previous administration — the Charlottesville Bypass, Norfolk’s Midtown-Downtown Tunnel, the U.S. 460 Connector in Tidewater — Transportation Secretary Aubrey Layne now has the opportunity to show whether or not he has the chops to handle a complex, politically…
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Layne’s Law
by James A. Bacon After spending a year and a half cleaning up the mess left by the previous administration — the Charlottesville Bypass, Norfolk’s Midtown-Downtown Tunnel, the U.S. 460 Connector in Tidewater — Transportation Secretary Aubrey Layne now has the opportunity to show whether or not he has the chops to handle a complex, politically…
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Federal Bailouts and the Buildup of Risk
by James A. Bacon The federal government plays a much bigger role in shaping the United States economy than is evident in its taxing and spending policies. Uncle Sam funnels credit to favored constituencies through subsidized credit programs like TIFIA transportation loans and the Import-Export bank as well as by protecting lenders from losses due…
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The Parental Backlash Against SOL Tests
By Peter Galuszka Although their numbers are small, more Virginia parents are refusing to have their children take the state’s Standards of Learning tests, saying that test preparation takes away from true education. In the 2013 -14 school year, 681 SOL tests were coded as parent refusals out of the nearly three million given, with…
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Finally, Tobacco Commission Gets Reforms
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in Business and Economy, Consumer Protection, Courts and law, Crime, Corrections, Law Enforcement, Economic development, Entrepreneurs and Innovation, Environment, Government Finance, Infrastructure, Labor and Workforce, Land use & Development, Media, Money in politics, Planning, Politics, Poverty & income gap, Regulations, Gov’t Oversight, Science & TechnologyBy Peter Galuszka Virginia’s infamous tobacco commission appears to be finally getting needed reforms 15 years after it went into existence. Gov. Terry McAuliffe announced today that he was appointing a new executive director, Lynchburg native Evan Feinman, ordering a slimmed down board of directors and requiring a dollar-for-dollar match on grants the commission doles…