Damon Thayer lays down the law

Sen. Damon Thayer (R-Georgetown) took the opportunity of a speech to the Northern Kentucky Chamber of Commerce Friday to encourage support for some familiar Bluegrass Institute themes. “My pledge to you and the citizens of Northern Kentucky is that I will strive to be a leader that puts problem solving before politics,” Thayer said. “That…

Two states address budget crunch

New York state, facing an $8.8 billion budget gap, at least has their fiscal crunch framed properly: “There’s the tradeoff: supergenerous benefits for a well-paid public workforce that also enjoys pensions most people can only dream of, versus school programs, public safety and a functioning transit system.” There is no guarantee that state will make…

Bluegrass Beacon: Regulation without representation a ‘dereliction of duty’

Decisions made for colonists by a king interfering with their economic livelihood and individual liberties were at the core of the American Revolution. Taxes were levied on colonists by Parliament in far-away Britain – without representation for the colonists. This led to the cry of “No taxation without representation” that became the main talking point…

Keeping tabs on Gov. Beshear

[youtube=http://www.youtube.com/watch?v=U-uIZ407Lmk]We learned a week ago Gov. Steve Beshear is still sorting through the 3600 government efficiency suggestions he got from state employees last December so he can fulfill his promise to do an “efficiency study” he said would save $180 million a year. As the time passes by — at just under half a million…

A stupid idea we will probably emulate

The latest big-government idea out of Cincinnati, a plan to offer “free” health insurance to the working poor will probably be successful. That would be “successful” in the sense that it will gain positive media coverage for politicians, spend ever-increasing budgets, and cause more dependency as it gets bigger. It’s called CincyCare: “CincyCare will provide…

Ready to stop the merry-go-round?

Relief over sharply falling consumer prices in October may be short-lived as industries continue to demand taxpayer-financed “price stability.” One of many overpriced items is big government. As more cities consider bankruptcy, the calls for a federal government bailout of cities and states get louder. WHAS interviewed University of Louisville economist Paul Coomes and asked…

Time to toss the union albatross

University of Kentucky economist Ken Troske nailed it in the Lexington Herald Leader today when talking about the proposed auto bailout: “But the long-term situation is completely different, he said.” “A bankruptcy would allow them to “break promises they made in the past,” Troske said. “That’s clearly going to hurt workers … but they’ve got…