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COLUMNS
APRIL LANSING ROUNDUP
You
Gotta Be Kidding!!!
DO WHAT I DO, NOT WHAT I
SAY, DEPT.
We
Need A Reality Party!
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A
QUICK LANSING ROUNDUP
All kinds of stuff going on. Before we broke (2
weeks ago) the House passed budgets that are already in the red according to
revenue estimates for this year and next.
The General
Government budget, passed 2 weeks ago from the House, shorted the
Supreme Court, but included "earmarks" for court security for several
district courts --all in a certain southern
Oakland
County
Rep
’s district. All adults know the Dems are trying to
mess with the Supremes because they want Cliff Taylor at least, and maybe even 2
others at most, defeated this year. So tie up the budget and force cutbacks,
then slam the Chief for mismanagement, and get some pork while you're at it--a
classic Dem win-win anyhow you look at it.

The Blue
Cross/Blue Shield bill package is stalled in the Senate, but now that there's been
some scrutiny (the whole thing was railroaded through the House in days) it may
be failing. Jolly nice that Attorney General Cox has leapt into battle when the
pack hit the Senate. We couldn't get a peep out of the AG's office, when my guys
called during the House vote: they were examining it, they were analyzing it,
they were ruminating upon it. So we voted as best we could. Now, the AG's up
front and center fighting for the welfare of the Little Guy--better late than
ever. If the package comes back to the House, it'll face more oppo and might
even go down, despite the big money that BCBS tosses around come election year,
which coincidentally, is now.

The Electric
Utility Reorg is proceeding apace. My take is that yes, we
need to build more generating capacity (that's "power plants" to
you folks from Melvindale) and these will cost money, and that money has to be
paid for by somebody-to wit: customers, and that business doesn't want to pay
& will move to India/Indiana if we ask them to...but maybe there ought to be
some assurance that the rate jack-ups won't kill the consumer. So far, no such
assurances have been forthcoming.
Issue Second is the mandates for AE, alternate energy-- AKA windmills and other
"Green Technologies" probably called "green" because the
technology is far from ripe. At this point, we would be requiring utilities to
produce a certain percentage of their power with technologies that haven't been
invented yet.
"But if we require them to," goes the argument "they'll do it!
and then
Michigan
will be the leader in Green Technologies! Which will
all be required by law, to combat Global Warming.”
Now, me, I love windmills in Holland, but you're not taking thirty-story
industrial wind turbines and putting them up for miles along Michigan's
gorgeous, tourist-friendly coastline and beaches. Not that I can go to my beach
yet even though its April, because there are still inches of Global Warming
forecast to fall this weekend.

The 2007 state CAFR "Comprehensive Annual Financial
Report" finally shows the GASB 43/45 compliant report on our liability
for retiree health care benefits--OPEB (other post-employment benefits--everything but
a pension.) The amount is roughly $40 billion in unfunded employee benefits,
chiefly health care. 25.7 billion is for teachers.
My arithmetic shows a bit over $4000 per man woman and child for that debt
alone. Worse, if we're not funding the ARC ("Annual Required Contribution)
the amount goes up. So $40 B is a floor figure and the sky's the limit. So far,
the Gov's got absolutely no plan or evidenced interest in having one, on this
subject. Bob Emerson-state budget director-- responded to a question for Yours
Truly in Appropriations Committee with the "what me worry" line.
"No problem; we're paying as you go; everybody knows our liability and
still lends us money; everybody else is in the same boat anyhow; not a
problem."
I didn't know S&P and Dunn & Bradstreet graded on a curve.

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