Category: Government workers and pensions
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Jonnie R. Williams’ Mansion on Market for $4.9m
By Peter Galuszka It might be right out of the “Lifestyles of Richmond’s Rich and Famous.” A trust controlled by Jonnie R. Williams Sr., the glad-handing vitamin salesman who was the chief witness against former Gov. Robert F. McDonnell and his wife Maureen, has put his 14,700 square foot mansion along with 61 acres of…
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The Fifth Anniversary of Upper Big Branch
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in Business and Economy, Courts and law, Crime, Corrections, Law Enforcement, Disasters and Disaster Preparedness, Economic development, Energy, Environment, Federal issues, Government workers and pensions, Health Care, Immigration, Labor and Workforce, Land use & Development, Media, Money in politics, Planning, Politics, Poverty & income gap, Property rights, Public safety & health, Regulations, Gov’t Oversight, Science & Technology, Social Services and EntitlementsBy Peter Galuszka Five years ago this morning, miners near Montcoal, W.Va. clambered into low, truck-like vehicles called “mantrips” for a nearly-hour-long ride to their positions at Upper Big Branch, a coal mine owned by a subsidiary of Richmond-based Massey Energy. Some of the miners were queasy because the mine, known as UBB, was especially…
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Double Take: Politically Motivated Pensions Investments Do What?
State pension plans that manage their own U.S. equity investments tilt their portfolios to stocks located within their state. Amazingly enough, the in-state stocks tend to outperform the overall stock holdings “by a wide margin,” conclude the authors of “The In-State Equity Bias of State Pension Plans,” published by the National Bureau of Economic Research. The reason,…
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A New, Improved Ken Cuccinelli?
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in Business and Economy, Economic development, Education (higher ed), Education (K-12), Electoral process, Energy, Entrepreneurs and Innovation, Environment, Federal issues, Government Finance, Government workers and pensions, Gun rights, Health Care, Immigration, Infrastructure, Insurance, Labor and Workforce, Land use & Development, LGBQT, Media, Money in politics, Planning, Politics, Poverty & income gap, Property rights, Public safety & health, Race and Race Relations, Regulations, Gov’t Oversight, Science & Technology, Social Services and Entitlements, Taxes, UncategorizedBy Peter Galuszka Is one-time conservative firebrand Ken Cuccinelli undergoing a makeover? The hard line former Virginia attorney general who lost a bitter gubernatorial race to Terry McAuliffe in 2013 is now helping run an oyster farm and sounding warning alarms about a rising police state. This is remarkable switch from the man who battled…
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Cruz, “Liberty” and Teletubbies
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in Business and Economy, Courts and law, Crime, Corrections, Law Enforcement, Demographics, Disasters and Disaster Preparedness, Economic development, Education (higher ed), Education (K-12), Electoral process, Energy, Entrepreneurs and Innovation, Environment, Federal issues, Government Finance, Government workers and pensions, Gun rights, Health Care, Housing, Immigration, Infrastructure, Insurance, Labor and Workforce, Land use & Development, LGBQT, Media, Money in politics, Planning, Politics, Poverty & income gap, Property rights, Public safety & health, Race and Race Relations, Regulations, Gov’t Oversight, Science & Technology, Social Services and Entitlements, Taxes, TransportationBy Peter Galuszka Where’s the “Liberty” in Liberty University? The Christian school founded by the controversial televangelist Jerry Falwell required students under threat of a $10 “fine” and other punishments to attend a “convocation” Monday where hard-right U.S. Sen. Ted Cruz announced his candidacy for president. Thus, Liberty produced a throng of people, some 10,000…
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The McDonnell Saga Is Far From Over
By Peter Galuszka Former Virginia First Lady Maureen McDonnell has been sentenced to 12 months and a day in federal prison, but the GiftGate saga is far from over. She will appeal as has her husband, former Gov. Robert F. McDonnell, who was sentenced to two years in prison last month. The now estranged couple was…
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Has Economic Reality Hit Education?
Last week several interesting articles about education appeared in the Richmond Times-Dispatch and the New York Times. Locally, Henrico County might hire more teachers in response to complaints over large class sizes. The NYT reported a significant decline in the number of recent graduates applying to the Teach for America program. This program places recent graduates…
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Campus Rapes Must be Reported to Police
By Peter Galuszka You can’t have it both ways. The Virginia General Assembly is taking steps to make it mandatory that officials at state universities report to police allegations of sexual assault, except for crisis counselors. The move follows the incident at the University of Virginia which was turned upside down by a flawed report…
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The Importance of “Selma”
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in Consumer Protection, Courts and law, Crime, Corrections, Law Enforcement, Economic development, Electoral process, Government workers and pensions, Media, Money in politics, Planning, Politics, Poverty & income gap, Property rights, Public safety & health, Race and Race Relations, Regulations, Gov’t Oversight, UncategorizedBy Peter Galuszka “Selma” is one of those fairly rare films that underline a crucial time and place in history while thrusting important issues forward to the present day. Ably directed by Ava DuVernay, the movie depicts the fight for the Voting Rights Act culminating in the dramatic march across the Edmund Pettus Bridge in…
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Takeaways From Bob McDonnell’s Sentencing
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in Business and Economy, Courts and law, Crime, Corrections, Law Enforcement, Disasters and Disaster Preparedness, Economic development, Education (higher ed), Education (K-12), Electoral process, Energy, Environment, Federal issues, Government Finance, Government workers and pensions, Immigration, Infrastructure, Insurance, Labor and Workforce, Land use & Development, Media, Money in politics, Planning, Politics, Property rights, Regulations, Gov’t Oversight, Social Services and Entitlements, UncategorizedBy Peter Galuszka The outpouring of support for convicted former Gov. Robert F. McDonnell was overwhelming at his sentencing hearing yesterday at which he was told that he will serve two years in a federal penitentiary. And this very support stands in marked contrast to McDonnell’s performance on the witness stand during his marathon trial…
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Virginia’s Top Stories in 2014
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in Business and Economy, Children and Families, Consumer Protection, Courts and law, Crime, Corrections, Law Enforcement, Demographics, Disasters and Disaster Preparedness, Economic development, Education (higher ed), Education (K-12), Electoral process, Energy, Environment, Federal issues, Government Finance, Government workers and pensions, Gun rights, Health Care, Housing, Immigration, Infrastructure, Insurance, Labor and Workforce, Land use & Development, LGBQT, Media, Money in politics, Planning, Politics, Poverty & income gap, Property rights, Public safety & health, Race and Race Relations, Regulations, Gov’t Oversight, Science & Technology, Social Services and Entitlements, Taxes, Transportation, Water-waste waterBy Peter Galuszka The Year 2014 was quite eventful if unsettling. It represented some major turning points for the Old Dominion. Here are my picks for the top stories: Robert F. McDonnell becomes the highest-ranking former or serving state official to be convicted of corruption. The six-week-long trial from July to September of the Republican…
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Feds Back Lengthy Prison Term for McDonnell
By Peter Galuszka Spotlighting once again just what a parallel universe Virginians live in, federal probation officers have recommended an unusually lengthy sentence for Robert F. McDonnell, a Republican who was the first present or former governor ever to be convicted of public corruption in the Old Dominion. The recommended sentence is a minimum of…
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More Evidence of Parallel Universe!
By Peter Galuszka Front Page, today’s Richmond Times Dispatch: “Judge tosses one conviction against Maureen McDonnell He finds evidence does not warrant obstruction verdict” Page B-1, The Washington Post: “McDonnells’ request for retrial denied VA. EX-GOVERNOR, WIFE FACING PRISON TIME Judge throws out one count against former first lady” And in which universe do you live?
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Former Massey Coal Chief Indicted
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in Business and Economy, Consumer Protection, Courts and law, Demographics, Disasters and Disaster Preparedness, Economic development, Energy, Environment, Federal issues, Government Finance, Government workers and pensions, Infrastructure, Media, Money in politics, Planning, Politics, Public safety & health, Race and Race Relations, Science & Technology, UncategorizedBy Peter Galuszka The indictment today in Charleston, W.Va. of coal baron Donald L. Blankenship, the former head of the notorious Massey Energy Company, for violating federal mine safety and securities laws, has been long awaited, especially by the families of the 29 miners who died on April 5, 2010 in a huge explosion at…
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Kudos: U.S.-China Climate Pact
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in Business and Economy, Children and Families, Consumer Protection, Demographics, Disasters and Disaster Preparedness, Economic development, Energy, Environment, Federal issues, Government Finance, Government workers and pensions, Health Care, Infrastructure, Labor and Workforce, Land use & Development, Media, Money in politics, Planning, Politics, Property rights, Public safety & health, Regulations, Gov’t Oversight, Science & Technology, Taxes, UncategorizedBy Peter Galuszka President Barack Obama’s trailblazing pact with Chinese leader Xi Jinping to limit greenhouse gas emissions through 2025 is welcome news and could do much to reduce carbon dioxide emissions since the two countries are responsible for about 40 percent of the globe’s total. China is an economic powerhouse so energy hungry it…