web stats

Wednesday, April 30, 2008

Textbook boondoggle in Columbus should be a warning for Newark

A bill introduced to Ohio legislature by Newark's own Jay Hottinger would wipe Ohio's anti-tobacco foundation off the map and liquidate its $270-million endowment from lawsuits against tobacco companies.

Thus would that money be available to Hottinger, Strickland and the rest of them to give away to businesses in what is being billed as a sure way to get "new jobs" for Ohio.

Here's how this move was described in part by "gentlben" in one of the reader comment sections: Ohio "joined a class action suit against the tobacco companies with other states because of the expense sick smokers were causing the state treasury. Part of the argument, which earned them all a nice annual cash settlement, was that if they win the suit, they would spend the cash award to reduce the impact of smoking in Ohio, thus reducing the amount of debt the state incurs becasue of it. So they win their suit, and millions of dollars yearly and what do they do with it? Throw it in the general fund, and now they will abolish the agency responsible for spending it as it was intended to be spent. Hm! Sounds like the same scam they pulled on us when they said lottery money would go to education."

If Ohio's governor and legislators are ballsie enough to pull this switcheroo on citizens they serve, what might one suppose Newark is going to do with the auto tag tax money being pushed by Mayor Diebold, Council Member Irene Kennedy, and some others to benefit street repairs?

Same boondoggle will be involved here, except the tag tax profits will not be nearly as easily traced as the state tobacco fund. The city purse on auto tags will eventually be folded over into the treasure chest that provides for more and bigger government. Diebold and Kennedy will fade away, but the tag tax will be ours to keep forever.

No comments:

Post a Comment