Whitcomb: Line by Line Veto; Into the Valley of PawSox Debt; Providence Phoenix Won’t Rise Again

Robert Whitcomb, Columnist

Whitcomb: Line by Line Veto; Into the Valley of PawSox Debt; Providence Phoenix Won’t Rise Again

Robert Whitcomb, Columnist
“Spring flew swiftly by, and summer came; and if the village had been beautiful at first, it was now in the full glow and luxuriance of its richness. The great trees, which had looked shrunken and bare in the earlier months, had now burst into strong life and health; and stretching forth their green arms over the thirsty ground, converted open and naked spots into choice nooks, where was a deep and pleasant shade from which to look upon the wide prospect, steeped in sunshine, which lay stretched out beyond. The earth had donned her mantle of brightest green; and shed her richest perfumes abroad.’’

-- From Oliver Twist, by Charles Dickens

 

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Most Rhode Islanders want the governor to have line-item-veto power on a legislatively passed state budget -- as in 44 other states! This would let the governor reject an individual spending item, but with the proviso that the legislature could override that veto. The idea is to let the state’s chief executive identify,  publicize to the public and block wasteful or otherwise dubious spending. So why is it being stopped by House Speaker Nicholas Mattiello and some other key legislators?

 

It’s because giving the governor this power, albeit constrained, would make it more difficult for powerful legislators to reward their constituencies or friendly individuals by sliding in budget items that most of the public wouldn’t know anything about.

 

The rationale for a line-item veto is so overwhelmingly strong that, I think, it will eventually be implemented – even in Rhode Island. But many citizens are angry that legislative leaders keep holding up what would be an obvious improvement in the quality of state government. The legislature should put a line-item veto on the November ballot. Now.

 

GoLocal's New Editor Kate Nagle's interview with Whitcomb on the roof of the Providence G

 

Everyone loves the PawSox, few want to underwrite the cost of the owner's stadium
The latest Pawtucket Red Sox stadium financing proposal supposes that, among other things, Pawtucket would get enough income (to pay off construction bonds)  from stadium-related income, including from stores and restaurants that would purportedly go up around the stadium. Given the current fragile state of much retail in the Age of Amazon, that expectation – or hope – may be excessive. And how popular will minor league baseball be over the next few decades? And, lest we forget, Pawtucket already has a big municipal debt burden.

 

Then there’s the assertion that the state wouldn't be on the hook if Pawtucket couldn’t pay the interest on the bonds that it sells to help fund the stadium. The trouble is that the cold, hard bond market closely connects the fortunes of municipalities and the states they're in. To maintain its bond rating, Rhode Island might have to come in to rescue the city if the PawSox promoters’ projections turn out to be wrong.  

 

Consider that back in 1991, then-Gov. Bruce Sundlun decided that the state had to step after a private insurer of deposits in credit unions and small banks went bust. So far as the bond market was concerned that state had to come to the rescue. After all, it was called the Rhode Island Share and Deposit Indemnity Corporation….And Pawtucket is part of Rhode Island.

 

I hope that the PawSox stay – I know they don’t want to move to Worcester! -- but the latest deal has some big risks for taxpayers. I wonder if they can find plausible additional stadium users besides a baseball team. Soccer? Horse shows? Croquet?

 

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In other spending news: I’m no fan of the arrogant Koch Brothers but kudos to them for singling out members of both parties for voting for what the billionaire Kochs deem “wasteful’’ federal government spending. The Koch group Americans for Prosperity (which should be called “Bigger Bucks for Billionaires”) put out a recent press release that said:

 

“It’s time to take a hard look at what lawmakers say, and what they actually do when it comes to reining in overspending.’’

 

PHOTO: Courtesy of Flickr, DonkeyHotey
Of course, both parties are fiscally irresponsible, in large part because the voters are. They seek bigger, better government programs and tax cuts. (The Kochs want federal spending slashed so that they’ll get even bigger tax cuts than what they got last year from their fellow Republicans in Washington.)

 

I suppose that you could say that the Republicans might be the biggest hypocrites in the spending carnival because of the ancient GOP rhetoric about their being the party that worries about budget deficits.  But they’ve delighted in deficits for years. After all, no tax cut is ever big enough for them.

 

We’re building up to a federal debt explosion.

 

The federal government’s debt has swelled to 78 percent of gross domestic product a decade ago from less than 40 percent, with exploding Medicare and Social Security costs  (as the population rapidly ages) and tax reductions among the biggest culprits.  Medicare and Social Security primarily benefit the middle class, and so they’d be politically very difficult to cut, say by raising the full Social Security retirement age to 70. (Given age discrimination, low wage growth and increasingly insecure and short-term jobs, I'd oppose such an increase.) The Congressional Budget Office predicts that federal debt will rise to a scary 96 percent of GDP by 2028 if we continue on our current course. That would cause interest rates to surge.

 

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Total spending on the “safety-net’’ programs of Food Stamps, unemployment compensation, Supplemental Security Income, the Earned Income Tax Credit and a couple of other programs, but not including Medicaid, as a percentage of the gross domestic product, has been falling since their surge in the Great Recession of 2008-2009. These programs are often lumped under “welfare.’’

 

What keeps rising is Medicaid and Medicare, because the American healthcare system is so inefficient and wasteful, and in large parts, avaricious, and of course because of the aging of the population. And given the political demographics, they’re unlikely to be cut, even as most Americans get more money out of Medicare (and Social Security) than they put in.

 

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President Donald Trump
There’s sort of a system in President Trump’s seemingly chaotic trade maneuvers –in particular with China, Europe and our NAFTA partners Mexico and Canada. The sectors he favors in trade talks, such as steel, autos and trucks; farm commodities, and oil, coal and gas, are concentrated in states where popular-vote victories, in some states very narrow, gave him his Electoral College win (despite receiving almost 3 million fewer popular votes nationwide than Hillary Clinton).

 

Meanwhile, his economic policies hurt other industries, such as high tech, green energy and healthcare, which are concentrated in such Blue States as California, Washington State and the Northeast and that promise to become even more important to the U.S. economy than they already are.

 

Trump is right to remind Americans that the Chinese have been brazenly stealing our intellectual property for years, among other outrages, and that a crackdown is long overdue. But what he will actually do amidst a plethora of deals is unknown. Mysteriously,  he’s trying to protect ZTE, the Chinese telecommunications company that has been ripping us off for years as part of a wider campaign of Chinese industrial espionage and intellectual-property theft.

 

One thing is clear: Trump’s trade war with our (former?) Western allies pleases his friends and supporters in the Kremlin.

 

As Eliot Cohen, who served in the George W. Bush State Department, observed in The Washington Post:

 

“By his  {Trump’s} actions on trade he is continuing to undermine the world order that three generations of American leaders helped build. … The danger here is that he will threaten them, and instead of caving they will fight back, and learn that he will back down before they will. Either way, a lot of damage [is] done, and some of it may be irreparable.”

 

And as Max Bergmann, who served in Obama’s State Department, told The Post:

 

“A main goal of the Soviet Union and Russia under Putin has been to divide the transatlantic alliance.  Trump is now making this a reality. From the outset of his administration, Trump has attacked our European allies and again and again sought to undermine the alliance. From the symbolic — not shaking [German Chancellor Angela] Merkel’s hand and not mentioning Article 5 at the opening of the NATO headquarters — to the tangible — dismissing European concerns on Iran and now starting a trade war with Europe — Trump seems deeply committed to destroying the transatlantic alliance. This isn’t in our interests but it is in Putin’s.”

 

Article 5 is the principle that an attack on one member of NATO is an attack on all members.

 

Trump has shown no appreciation for the shared values of the West. Everything is transactional to him.

 

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ABC cancelled show after racist Tweet
Roseanne Barr is a liar, a purveyor of sleazy and false conspiracy theories and a racist, like her admirer Donald Trump. That’s how she got the job that she just lost. ABC wanted to profit off the intensity of feeling she arouses amongst her supporters. But her latest outrage – a deeply racist Tweeted attack on Valerie Jarrett, an African-American who is close friend and adviser of former President Obama – apparently went too far for ABC. Of course, Fox will welcome her.

 

The popularity/worship of the slob Barr among millions of people in “Middle America’’ is just another symbol of the ongoing debasement of American civic culture being accelerated by the sociopath in the White House. As Republican Sen. Bob Corker said: "When his {Trump’s} term is over, the debasement of our nation will be what he'll be remembered most for."

 

In other debasement news is Bill Clinton further lowering the dignity of the presidency with his current “conversation with’’ tour to promote his novel The President is Missing. He’s selling tickets to the public to hear him. I suspect that popular novelist James Patterson, his co-author, did most of the actual writing; the ex-president is above all a talker.

 

Show at the Dunk cancelled
Clinton introduced a special kind of tackiness in the White House and maintains his traveling salesman’s style to this day, though he can’t compete in tastelessness with the current emperor of the Oval Office.

 

I was happy to see that the tour’s June 15 stop at the Civic Center (aka Dunkin Donuts) in Providence was cancelled, maybe because of a scheduling conflict.

 

Meanwhile, it’s a testament to the power of the celebrity culture that Barr’s firing got far more attention than did a Harvard study that found that at least 4,645 deaths in Puerto Rico can be linked to Hurricane Maria’s rampage last September –not the official federal government count of 64 – and many more than 1,833 deaths counted for Katrina, which struck the Gulf Coast in 2005.

 

Reminder: Puerto Ricans are American citizens. But most Americans and even the federal government seem to treat the island’s travails as a foreign story.



“I've gotten three times as many breaking news emails …about Roseanne getting cancelled than I have about the death toll in Puerto Rico being 70 times higher than we thought,” Wisconsin Public Radio host Brady Carlson Tweeted. The Media Matters for America calculated that cable news networks covered Barr’s Tweet and her show’s cancellation 16 times as much as the deaths in Puerto Rico.

 

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The Republicans love to denounce California for its alleged socialism and political correctness. The Golden State has toughened its environmental rules, including requiring solar panels on new homes; declared itself a sanctuary state for illegal aliens, and raised its minimum wage to $15 an hour --- all moves opposite to the policies of the Trump administration.

 

Oh, the humanity! And so, reports Matthew Winkler in Bloomberg, California’s 4.9 percent gain in gross domestic product last year was more than twice the overall U.S. gain and its jobless rate fell to 4.2 percent, the lowest for the state since at least 1976. Further, says Winkler, the former editor of the business-news service, the state’s per-capita income since 2013 has grown 20.5 percent, the fastest of any state.

 

California’s embrace of clean energy and the big increase in the number and size of clean-energy companies in the state has played a part in the state’s burgeoning prosperity, along, of course, most notably, with Silicon Valley’s wealth-creation machine. The state continues to be a land of the future, even as some politicians want to take us back to a land of smokestacks.

 

To read Winkler’s article, please hit this link:

 

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Salve Regina
I strolled around the campus of Salve Regina University, in Newport, on the beautiful day that was last Wednesday and was struck again by its lush beauty and by its eccentricity: Much of the college consists of old, over-the-top mansions.  Salve is having a fight with some of its neighbors over the big dorms it wants to build but all seemed calm and bucolic as I wandered around.

 

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The Trump administration wants to allow oil and gas drilling off the East Coast, except off big swing state Florida. But Republican and Democratic governors and local leaders are up in arms about it because of the potentially devastating effect on tourism -- people generally don’t like oily beaches – and fishing.

 

Trump’s love of retro, fossil-fuel energy seems particularly vivid when seen against the news of the big wind turbine installations soon to go up south of Massachusetts.

 

Some fishermen --- squid catchers particularly -- are concerned about the impact of setting up these “wind farms,’’ but they should think about what an oil spill could do. And, as has been shown in European coastal wind farms, the wind-turbine foundations act as reefs,  which can increase the number of fish (and species) around coastal and offshore wind installations. Hit this link to read more on this:

and or this:

 

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Grow Smart Rhode Island will host a forum June  15 on “Making Transit-Oriented Development Work for Rhode Island,” focusing on how the Ocean State can use public-private partnerships to promote mass-transit-oriented development. Hit this link to learn more:

 

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You used to go by train to the heart of the White Mountains. Wouldn’t that be great?

 

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I felt the accelerating passage of time the other day when reading of the death at 74 of Stephen Mindich, the long-time publisher of the “alternative weekly’’ empire whose flagship was the Boston Phoenix. Eventually, the Internet killed it.

 

But for many years, starting in the ‘70s, the Phoenix papers played an outsize role in political and arts coverage of their communities, financed by retail and event advertising and personal classified ads, some of which were pornographic. The papers could be seedy and irresponsible but they also ran some very good reporting and writing and launched many journalists into distinguished careers – in the last couple of decades of the golden age of well-paid journalism. Mr. Mindich’s death was a reminder of how long ago the Boomer youth culture that spawned the Phoenix had its salad days.


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