Bailout ad absurdum

So let me get this straight: Indiana’s racinos and casinos have cannibalized each other to the point that racinos (casinos at horse tracks) are asking for a state government bailout. Horse industry people who lobbied for the racinos to “save” horse racing now say they need a bailout, too. Kentucky horse industry people say they…

The worst thing they could do

Details on the federal “stimulus” keep coming in and they don’t look good. The latest will lead to rapid expansion of the state Medicaid at a time state taxpayers need someone to protect them from this new, gathering storm:Kentucky taxpayers are directly responsible for paying 30% of the bill for the state’s Medicaid recipients. Growing…

Frankfort’s slow learners

Gov. Steve Beshear and his big-government friends in the Kentucky Education Department wouldn’t let a little thing like not being able to afford the programs we already have stand in the way of adding on another one with dubious prospects at best:There can be little doubt Beshear’s 27-member task force will agree with his position…

Who is still standing in Frankfort?

Only eleven members of the Kentucky House of Representatives last week voted against tax increases, raiding the health insurance trust fund, and allowing counties to underfund the same fund. They are: Rep. Ron CrimmRep. Jim DeCesareRep. Myron DossettRep. Bill FarmerRep. Joe FischerRep. David FloydRep. Brent HousmanRep. Stan LeeRep. David OsborneRep. Marie RaderRep. Addia Wuchner The…

Newberry astroturfs himself

This is embarrassing. Can’t imagine why Lexington Mayor Jim Newberry’s political “folks” thought it would be a good idea for him to go on Fox News and call astroturf soccer fields “infrastructure,” but that is what he did. The media opportunity wasn’t exactly an efficient use of public resources, Mr. Newberry. Hope your three minutes…

The Weimar President

No discussion of hyperinflation in a developed country (which happens when a government prints up too much money and slings it around wildly) is complete without mention of the old Weimar Republic. President Barack Obama’s rhetoric is every bit as inflated. What’s really wild is how the media has joined in the fun while keeping…