Friday, October 30, 2009

Dirty Money?

It's not the first time the Peninsula Clarion has made this particular typo, but if you read today's paper and the article about the large pay raises some borough managers and political employees received, Mayor Carey admits to having nothing to hide because it was all 'pubic' money. C'mon you Clarion writers and editors, are you onto some scandal, have some Freudian issues or are we really getting screwed by the borough?

The pay raises are impressive - especially for the mayor's two assistants with each now bringing in some $90K. Carey says that you can't hire competent people for less. I think I know more than a handful of very qualified folks who could do the job for a measly $75K. And the mayor and his staff are competent? Morale at the borough building is low and lots of senior staff have left (or been replaced by political appointees). I thought people went into government to serve the people, not to get rich. Pay 'em a fair wage, and please, don't hide those enormous pay raises.


Wolfe Tone said...

Some people (the Mayor included) are "Irony Challenged (IC)."

Odd how the ACT group has been so silent on this little matter.

I say odd, because I believe that ACT is too "IC" to be embarrassed.

Anonymous said...

the ACT bunch are hoping no one notices that they are running a complete charade.

Wolfe Tone said...

Yesterday, there was some hullabaloo that Mayor Carey "walked back" the pay raises.

Except he didn't.

According to two independent news stories, one on KSRM and one on KDLL, all Carey "undid" was their "cost of living" increase (some 4-1/2 %) given his staff... the same increase that all Borough KPEA union member and Appendix A employees received on July 1.

This action didn't change the fact that that Scooter Chumley and Susan Wilcox are still being paid $20K more a year than their Williams administration predecessors were.

Anonymous said...

Speaking of dirty money.

Remember Remember the 5th of November.

Published: Friday, November 5, 1999

Congress approved landmark legislation today that opens the door for a new era on Wall Street in which commercial banks, securities houses and insurers will find it easier and cheaper to enter one another's businesses.

The measure, considered by many the most important banking legislation in 66 years, was approved in the Senate by a vote of 90 to 8 and in the House tonight by 362 to 57. It would become one of the most significant achievements this year by the Republicans leading the 106th Congress.

The decision to repeal the Glass-Steagall Act of 1933 provoked dire warnings from a handful of dissenters that the deregulation of Wall Street would someday wreak havoc on the nation's financial system.

The original idea behind Glass-Steagall was that separation between bankers and brokers would reduce the potential conflicts of interest that were thought to have contributed to the speculative stock frenzy before the Depression.

''The world changes, and we have to change with it,'' said Senator Phil Gramm of Texas, who wrote the law that will bear his name along with the two other main Republican sponsors, Representative Jim Leach of Iowa and Representative Thomas J. Bliley Jr. of Virginia.

The opponents of the measure gloomily predicted that by unshackling banks and enabling them to move more freely into new kinds of financial activities, the new law could lead to an economic crisis down the road.

''I think we will look back in 10 years' time and say we should not have done this but we did because we forgot the lessons of the past, and that that which is true in the 1930's is true in 2010,'' said Senator Byron L. Dorgan, Democrat of North Dakota. ''I wasn't around during the 1930's or the debate over Glass-Steagall. But I was here in the early 1980's when it was decided to allow the expansion of savings and loans. We have now decided in the name of modernization to forget the lessons of the past, of safety and of soundness.''

Senator Paul Wellstone, Democrat of Minnesota, said that Congress had ''seemed determined to unlearn the lessons from our past mistakes.''

''Scores of banks failed in the Great Depression as a result of unsound banking practices, and their failure only deepened the crisis,'' Mr. Wellstone said. ''Glass-Steagall was intended to protect our financial system by insulating commercial banking from other forms of risk. It was one of several stabilizers designed to keep a similar tragedy from recurring. Now Congress is about to repeal that economic stabilizer without putting any comparable safeguard in its place.''

Supporters of the legislation rejected those arguments. The new law, they said, will also give regulators new tools to supervise shaky institutions.

One Republican Senator, Richard C. Shelby of Alabama, voted against the legislation. He was joined by seven Democrats: Barbara Boxer of California, Richard H. Bryan of Nevada, Russell D. Feingold of Wisconsin, Tom Harkin of Iowa, Barbara A. Mikulski of Maryland, Mr. Dorgan and Mr. Wellstone.

In the House, 51 Democrats, 5 Republicans and 1 independent opposed it.

Anonymous said...

Up twenty down 5, wonder how many students of Mayor Carey don't see that its still up 15. (Hugh and Sue's cut in pay)

An education is a terrible thing to waste

Anonymous said...

if you're going to present it as a math concept, you might as well get the math right,

it's not as simple as up 20, down 5equals 15,

it's worse.

chumley's and wilcox's salaries,

even after the so-called 'cuts',

are still 18% higher for the former, and 20% higher for the latter, than was the salary rate paid in the previous administration rate schedule.

The original increases Carey tried to enact were substantially higher than the lowball 20% total reported.

Wolfe Tone said...

What Anon @ 1:01 said.

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Sorry for offtopic

Anonymous said...

Oh wise SOL reader, what do you think the Clarion is doing with their comment section that is on hiatus. Is it part of a plot to silcence the masses or are they noticing more people reading and commenting on comments than on the story?

Souldotna said...

I did notice that the PC comments have been taken offline with a promise to be back in a revised form this Wednesday. It was part of my entertainment to read the comments, so i do hope it comes back.

Anonymous said...

Please trust, from a very well-placed source, that the Clarion's forum upgrade has nothing to do with this or any other political issue. We, I mean they, love it to pieces when the "masses" voice their opinion on our, I mean their, Web site. And with all due respect, unlike SOL in Soldotna, when you "soundoff" on the Clarion's site, it goes live without the helpful and possibly heavy hand of an editor or moderator.

Anonymous said...

that ought to leave a mark.

Not that it'll make any difference, but at least the censorship at SOL is now known to be more widely acknowledged.

Souldotna said...

Censorship...? Heavy-handed editing?

You give me too much credit. The only comments I have not published have been spam and the ones from the previous Anon poster when s/he gets abusive, completely inane or reduntantly ridiculous.

If you have a need to blather on, it's really easy to start your own blog.

Wolfe Tone said...

Anon @ 6:19:

That's one of the nice things about creating your own blog. You get to say whatever you want, no matter how stupid.

As a blogger myself, I heartily agree that you have a right to express your opinion. But no one else, including SOL, is obligated to provide a forum for you.

On the original topic: More shenanigans in the Borough Mayor's office. Check out this morning's (November 12) Peninsula Clarion.

Anonymous said...

wolftone says, (of 'blogs')

"you get to say whatever you want, no matter how stupid."

and SOL chimes in with, (and I'm paraphrasing)

"and you can control or deny the access of anyone who might dare to point out that stupidity."

Wolfe Tone said...

Anon @ 9:24 AM: or

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